Cathie Wood’s ARK funds experienced a brief surge following Donald Trump’s recent election win.
Her flagship ARK Innovation ETF (ARKK) has returned 10.94% since Nov. 6, while the S&P 500 is up only 1.52%.
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Wood,
» Read more about: Cathie Wood buys $38 million of tech stock titan »
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The S&P 500 (^GSPC -1.32%) has advanced by 35% year to date, notching more than four dozen record highs in the process. Factors contributing to that upside include enthusiasm about artificial intelligence (AI), strong corporate earnings, and the Federal Reserve’s pivot to interest rate cuts.
WASHINGTON (AP) — The House has passed legislation that would provide full Social Security benefits to millions of people, pushing it one step closer to becoming law.
The Social Security bill on Tuesday won bipartisan support in the House, 327-75, in what is now the lame-duck period for Congress.
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Donald Trump’s election victory immediately sent financial markets into a frenzy.
» Read more about: 5 charts showing Trump's immense postelection market impact »
A married couple were arrested in Dublin over a suspected international money laundering operation with €21m allegedly transferred through online banks and cryptocurrency accounts, a court has heard.
Jixu Wang, 35, and his 34-year-old wife, Ye Wang, who are from China, were charged with possessing crime proceeds in a digital bank account between September 2023 and February this year and have been denied bail.
McDonald’s is investing $100 million to bring customers back to stores after an outbreak of E.
Investors in Linde PLC (Symbol: LIN) saw new options begin trading today, for the February 2025 expiration. One of the key data points that goes into the price an option buyer is willing to pay …
» Read more about: LIN February 2025 Options Begin Trading »
Palantir (NYSE: PLTR) has been one of the hottest stocks of the year, rising around 275% as of the time of writing. However, a massive chunk of that gain came right after Palantir’s blowout third-quarter earnings; the stock rose 23% the next day. But that strength has continued well past the day following earnings,
Tesla (NASDAQ: TSLA) is currently the eighth-largest company in the world with a market cap of just over $1.05 trillion as of this writing.
» Read more about: Prediction: These 2 Stocks Will Be Worth More Than Tesla in the Next 5 Years »