On Tuesday, ARK added 105,108 SpaceX shares valued at about $12.2 million and 40,281 Tesla shares valued at $12.4 million.
Over Monday and Tuesday, ARK bought about $47.3 million in combined SpaceX and Tesla shares.
The FCC restricted new Chinese humanoid and quadruped robots,
Bitcoin (BTC) exchange-traded funds (ETFs) shed 3,170 BTC over the past seven days, all while Ethereum (ETH) ETFs added 37,959 ETH over the same stretch.
The split points to growing institutional appetite for ether.
» Read more about: Bitcoin ETFs Bleed While Ethereum Funds Post Third Straight Weekly Inflow »
Warren Buffett famously spends much of his day reading, yet many people assume investment books are too technical to enjoy. The truth is that some of the world’s best books about money are written for ordinary readers, not financial experts. These 5 books explain timeless ideas about wealth, decision-making and financial freedom in a language that anyone can understand.
» Read more about: 4 books Warren Buffett recommended on money that every person should read »
WASHINGTON — Federal Reserve policymakers are losing patience with inflation, but they may not be ready to turn their frustration into action — not this week anyway.
Meeting in Washington Tuesday and Wednesday, the Fed is expected to keep its benchmark interest rate unchanged. Members of the central bank’s rate-setting committee may not be so reluctant to act when they gather again next Sept.
Nvidia(NASDAQ: NVDA) stock investors are concerned about circular financing arrangements proliferating.
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» Read more about: Massive News for Nvidia Stock Investors »
16 funds launched at market’s peak, amplifying moves in Samsung Electronics, SK hynix and Kospi
» Read more about: How leveraged chip ETFs magnified Korea’s market swings »
NEW York – The Bank of Japan needs to raise its policy interest rate from the current 1.0% to 1.5% to fight inflation reflecting higher import prices amid the yen’s weakness, economist Paul Sheard has said.
The BOJ could adopt a somewhat bolder monetary policy after taking a careful approach on long-standing concern that deflation might return if it raised the rate too quickly,
» Read more about: BOJ needs to raise policy rate to 1.5%, former S&P Global executive says »
SK Hynix stock faced pressure as Q2 revenue missed Street expectations.
Eos Energy shares hit a 52-week low after CEO Joe Mastrangelo sold 159,154 shares.
Oklo shares fell to a yearly low of $37.80 as investors scaled back exposure to advanced nuclear companies.
» Read more about: Why Did SKHY, EOSE, OKLO Stocks Plunge To 52-Week Lows Today? »
The Indian stock market ended largely subdued on Tuesday, with the Sensex and Nifty giving up their early gains to close lower after a strong rally in the previous session.
Choosing a mutual fund can seem challenging because different categories are designed to meet different investment objectives. Rather than focusing on which fund is “better,” investors may find it useful to understand how different fund categories work and whether they align with their financial goals, investment horizon, and risk appetite.
Among the commonly considered categories are the large cap fund,