Cathie Wood Readies New Fund While Ark’s Rough Year Gets Worse
Wood and her team were always destined to struggle to repeat 2020’s stellar year, when ARKK returned about 150% to beat most of the market.
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Tesla Down 20% From Record High Following Report of SEC Probe
Tesla has been on a tough run starting Dec. 1, a combination of fear about the omicron variant of coronavirus and a hawkish message from Fed's Powell.
China Stock Losses in U.S. Top $1 Trillion on Delisting Fear
The Nasdaq Golden Dragon China Index -- which tracks China-exposed firms listed in the U.S. -- plunged 9.1% on Friday.
Enron's Cast of Characters: Where They Are 20 Years After the Fall
It’s been 20 years, to the day, since Enron Corp. filed for bankruptcy, marking one of the most spectacular financial collapses in history.
Deutsche Bank Traders Face ‘Choppiest Times’ in Macro Market
Deutsche Bank AG traders are facing almost unprecedented volatility in interest rates, currencies and emerging markets.
Pacific Life Launches Industry-First Advisory Fixed Annuity with No Withdrawal Charges
“Pacific Harbor is the first fixed annuity developed specifically for the RIA market, with no commission or withdrawal charges,” - Ryan Stowe asst. vp
Ackman SPAC Will Need New Law to Beat Lawsuit, Investor Says
Lawsuit could have wide-ranging implications for financial industry if court determines SPACs generally should be regarded as investment companies.
