On Friday, Cathie Wood-led Ark Invest made significant trades involving Beam Therapeutics Inc. BEAM, Nu Holdings Ltd. NU, MercadoLibre Inc. MELI, and Adaptive Biotechnologies Corp. ADPT.
The BEAM Trade
Ark Invest,
By Steve Holland
WASHINGTON (Reuters) -President Donald Trump will sign a memorandum on Friday that will direct the Committee on Foreign Investment in the United States to restrict Chinese investments in strategic areas,
US stocks tumbled on Friday (Feb 21), extending their sell-off in the wake of dour economic reports and closing the book on a holiday-shortened week fraught with new tariff threats and worries of softening consumer demand.
All three major US stock indexes moved decisively lower on the heels of the data, and continued their slide into afternoon trading.
» Read more about: US: Wall Street ends sharply lower on mounting concerns over economy, tariffs »
A LATE rally in the US Treasury market pushed the yield on 10-year notes lower for a sixth-straight week as traders hunt for safety amid lower stock and oil prices.
The advance pushed yields lower across maturities on Friday (Feb 21) following unexpectedly weak economic data and an uptick in consumers’ long-run inflation views to the highest since 1995.
» Read more about: US Treasuries end week on high note on demand for safer bets »
U.S. stocks fell sharply after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the economy.
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US Stock Market Today (February 21), Dow Jones, S&P 500, Nasdaq: US equity benchmarks Dow Jones Industrial Average (DJIA), S&P 500 and Nasdaq Composite plunged 1.7-2.2 per cent amid a broad-based sell-off on Friday as investors started at a weaker-than-expected business activity reading, already fearing policy uncertainty after US President Donald Trump announced a number of tariff moves this week.
The Reserve Bank of India (RBI) has issued a press release dated February 21, 2025, outlining the details of the Sovereign Gold Bond (SGB) tranches that are scheduled for premature redemption between April and September 2025. The press release also outlines a window for submitting requests if investors want to encash the SGB via premature redemption.
Investors in Axon Enterprise Inc (Symbol: AXON) saw new options begin trading this week, for the February 21st expiration. At Stock Options Channel, our YieldBoost formula has looked up and down …
» Read more about: First Week of AXON February 21st Options Trading »
Infosys co-founder and chairman Nandan Nilekani on Friday said that large language models (LLMs) have become commodities, and with the cost of building them dropping significantly, it is the right time for Indian companies to invest in developing their own AI models.
“What DeepSeek has done is show that you don’t need billions of dollars to create a reasonably good large language model.
