Next 10 |
2024-07-03 03:35:00 ET Summary Absolute Return Partners is a London-based investment advisory business. Founded by Niels Jensen in 2002, it focuses on providing bespoke alternative investment solutions to institutional investors. In total, it manages over $600 million of assets across...
2024-07-03 02:30:00 ET Summary U.S. equity markets are in a period of extended calm, with the benchmark S&P 500 Index closing in on one year since it last dropped 2% in a single day. An extended period of calm means investors must be vigilant and not become complacent. However...
2024-07-03 01:05:00 ET Summary The academic framework suggests that AI will complement and augment human work rather than fully replace it. Anecdotal evidence shows that AI can increase productivity for certain tasks, such as coding. Freelance positions, like copywriting, may ...
2024-07-02 22:10:00 ET Summary As we moved through the month of June, economic data and market action brought more of the same. Major indices continued to grind higher, led by a smaller number of names, while yields moved modestly lower. Fiscal support had largely run its cour...
2024-07-02 17:30:00 ET Summary Astonishingly, the top five giants of the S&P 500 now account for a staggering 27% of the entire index. I remember when I first started working in the financial services industry how glamorous it appeared to be a stockbroker, day-trading in the l...
2024-07-02 15:30:00 ET Summary Growth in the U.S. economy continues to come in above expectations, despite elevated interest rates, weakness in some major international economies, and a drawdown of consumer savings. Although real GDP growth slowed in the first quarter of this year...
2024-07-02 15:05:00 ET Summary The U.S. economy has not entered a recession despite the inverted yield curve, which historically predicted recessions, and this may be due to the relatively solid labor market setting. The monthly Employment Situation report and the initial jobless ...
2024-07-02 14:10:00 ET Summary Of the eleven sectors, all but one (Energy) have averaged gains in the month following the close on July 2nd. Taking a longer-term time frame, the three-month period following the close on July 2nd has been one of the weakest times of year for equiti...
2024-07-02 12:53:00 ET Summary Job openings improved, but the trend is still softening. The soft quits rate suggests the jobs market has normalised. Inflation pressures emanating from the jobs market should continue to cool, keeping the door open for rate cuts later this year....
2024-07-02 10:50:00 ET Summary Motio Research's estimate of median household income in the United States for April 2024 is $78,238. Our initial estimate of median household income in May 2024 is $77,949. Median household income remains 4.4% below its April 2024 inflation adjus...
News, Short Squeeze, Breakout and More Instantly...
ARK Innovation Company Name:
ARKK Stock Symbol:
NYSE Market:
2024-06-26 11:19:20 ET Shares of Ginkgo Bioworks (NYSE: DNA) were sinking 8.3% lower as of 11:03 a.m. ET on Wednesday. The decline continued after the stock fell nearly 11% on Tuesday following two negative developments for Ginkgo. Following the market close on Monday, the biote...
2024-06-04 06:45:00 ET Via her ARK Innovation ETF (NYSEMKT: ARKK) , portfolio manager Cathie Wood makes a lot of biotech bets, often on companies that are at the cutting edge of innovation in science and technology. Businesses like that tend to have volatile and temperamental stocks...
2024-06-01 10:00:00 ET Cathie Wood first gained notice as a top growth investor when her flagship ARK Innovation ETF (NYSEMKT: ARKK) soared 85% in 2017. She then followed that up with returns of 35% in 2019 and a whopping 149% in 2020. With the fund's huge 2020 returns, Wood's p...