Ark Innovation ETF’s disruptive technology stocks have withered amid rising interest rates. The asset manager Cathie Wood’s flagship fund, Ark Innovation ETF (ARKK) – Get ARK Innovation ETF Report, has dropped big-time, as her focus Read more…
Illustration by Harry Bhalerao / The Verge Gifts for moms of all kinds Continue reading…
Stocks rise with earnings in focus and despite GDP Q1 surprise contraction. US futures Dow futures +0.8 % at 33450 S&P futures +1.42% at 4243 Nasdaq futures +1.9% at 13240 In Europe FTSE +0.6% at Read more…
Walmart has some new merchandise that may not please Target. Big box retailer Target (TGT) – Get Target Corporation Report has a significant competitive advantage over its grocery competitors, including Walmart (WMT) – Get Walmart Inc. Read more…
Real GDP contracted by 1.4% quarter-over-quarter (q/q) in the first quarter of 2022 – a significant slowdown from Q4’s 6.9% (annualized).The reading came in below the consensus forecast, which called for a modest gain to Read more…
The Arena Group, the publisher of Sports Illustrated, and owner of TheStreet and Parade Media estimated that first-quarter gross profit tripled. The Arena Group (AREN) – Get Arena Group Holdings, Inc. Report, the tech-driven media Read more…
An inexpensive phone that feels like it should cost more than $300 Continue reading…
An inexpensive phone that feels like it should cost more than $300 Continue reading…
Dollar’s broad based rally continues into US session. The unexpected contraction of Q1 US GDP might give the greenback a little jitter. But it’s unlikely to alter the up trend for now. As for today, Read more…
US initial jobless claims dropped -5k to 180k in the week ending April 23, slightly above expectation of 178k. Four-week moving average of initial claims rose 2k to 180k. Continuing claims dropped -1k to 1408k Read more…