Cathie Wood's Ark Keeps Buying Beaten-Down Tech Stocks
Wood purchased Tesla, Zoom, Twilio, Shopify and Roblox, seeing buying opportunities after their drops.
Wood purchased Tesla, Zoom, Twilio, Shopify and Roblox, seeing buying opportunities after their drops.
Investors pumping more money into commodity funds at any time in last decade, enticed by red-hot inflation and futures market offering big profits.
Process undertaken when Fed started to indicate it was serious about taming inflation starting to look fortuitous with Russia and Ukraine tension.
Barclays: impact from the tensions between Russia and Ukraine would be limited on the bank.
Aggressive central banks and high commodity prices driving advances this year in more than half 24 developing-world currencies tracked by Bloomberg.
Ark on Wednesday bought 454,667 shares of Roblox as the stock slumped 27% after a weaker-than-expected earnings report.
“Investors are starting to show a preference for global funds that exclude the U.S.,” Citi strategists led by David Groman wrote in note to clients.