The Daily

Cathie Wood, the CEO and chief investment officer of Ark Investment Management, has been directing her firm to load up on shares of Meta Platforms (NASDAQ: META), the parent company of Facebook, Instagram, and WhatsApp. Wood’s investment management firm purchased 34,080 shares of the technology company in recent weeks, which, at today’s share price of around $584,

 » Read more about: Here's the “Magnificent Seven” Stock Cathie Wood Is Piling Into Now  »

In the U.S., certain Social Security beneficiaries are to get their latest monthly money early next week, as the Social Security Administration (SSA) kicks off the program’s payment schedule for August 2026.

On Monday, August 3, Social Security benefits are due to be sent out to two groups of recipients.

 » Read more about: Social Security is paid out on Monday, August 3: who benefits?  »

SPCX has erased more than $1.2 trillion in market value since its June peak of $225.64, roughly equivalent to Tesla’s market cap. Cathie Wood remains bullish, calling Starship’s latest splashdown potentially “game-changing” despite the stock falling below its IPO price. SpaceX faces two major near-term catalysts: its first public earnings report on Aug.4 and a potential release of up to 911.5 million locked-up shares on Aug.6.

 » Read more about: Cathie Wood’s ARK Buys The Dip As SpaceX Wipes Out Tesla-Sized Market Value Since Its Peak: Retail Bears Smell Blood  »

Bitcoin ETFs recorded an outflow of $11.6 million while Ethereum funds experienced a $9.2 million inflow on July 27, according to data from @WuBlockchain. These movements highlight ongoing volatility in the cryptocurrency ETF market, where investor interest has fluctuated between the two major digital assets. The outflow from Bitcoin ETFs could suggest a temporary decline in demand,

 » Read more about: Bitcoin ETFs see $12M outflow, Ethereum funds gain $9M on July 27  »

Whether you’re investing in mutual funds for the first time at 40 or have been investing for years, this is the right time to reassess your portfolio. With 15–20 years to retirement and potentially lower financial liabilities, you still have ample opportunity to build long-term wealth.

For a 40-year-old investor with 15 to 20 years left until retirement,

 » Read more about: How to build your mutual fund portfolio at 40: Experts share the right allocation and common pitfalls  »

Concerned about an AI bubble? Sign up for The Daily Upside for smart and actionable market news, built for investors. Oscar-winning actress Reese Witherspoon may have irked the internet when she said the artificial intelligence revolution has begun, but ETF investors are certainly hoping she’s right.  Overall assets for thematic AI funds have skyrocketed in the past year,

 » Read more about: AI ETFs Have Now Become a $65 Billion Market  »

After the death of a Social Security-insured worker in the United States, their surviving spouse or children may be eligible for a one-off payment of $255 from the Social Security Administration (SSA). This is separate to the SSA’s monthly survivor benefits: claimants can get both.When applying for the payment, known as the ‘lump-sum death benefit’,

 » Read more about: Social Security lump-sum death benefit: Who is eligible?  »

¹New customers only. Earn a cash bonus when you deposit and maintain funds with partner banks on the Raisin platform. Customers can earn up to $60 for depositing between $10,000 and $24,999 ($50 welcome bonus + $10 bonus boost when you set up two recurring deposits or more totaling $100), up to $150 for depositing between $25,000 and $49,999 ($125 welcome bonus + $25 bonus boost when you set up two recurring deposits or more totaling $250),

 » Read more about: Best High-Yield Savings Rates Today, July 28, 2026: Up to 4.50% APY Still Available  »

The stock market has been in the throes of a rotation this summer. Wall Street commentators have gone so far as to say the Magnificent Seven is “dead” as an investment theme. Now, forecasters are turning their attention to a new group of potential winners: AI adopters. The bull market is broadening out this year,

 » Read more about: Wall Street’s gaze is turning to AI adopters as the winners of the next phase of the stock-market rotation  »

The Federal Open Market Committee’s (FOMC) July meeting has officially begun and will conclude on Wednesday, July 29, with a decision on interest rates, followed by a press conference with new Fed Chair Kevin Warsh.It will only be Warsh’s second meeting as chair, but a lot has already happened in his tenure.Warsh has already begun to pull the Fed away from the stock market by making it clear he intends to provide much less forward guidance.

 » Read more about: Will New Fed Chair Kevin Warsh Shock the Market and Deliver a Surprise Rate Hike at the Fed’s July Meeting?  »