Cathie Wood buys $27 million of battered tech stock
Cathie Wood, head of Ark Investment Management, likes to make bold bets, even when the stocks she picks are down for a while.
That’s what she just did, buying a stock that’s down more than 30% year to date.
Wood often views sharp pullbacks as buying opportunities.
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Read MoreMPs to investigate ‘unfair’ student loan interest rates
MPs have launched an investigation into interest rates on student loans amid widespread discontent with the repayment terms.
The Treasury Select Committee, a cross-party group of MPs, said they would look into how interest rates and repayment thresholds burdening graduates as increasing numbers express dissatisfaction with the terms of their loan.
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Read MoreNew Berkshire Hathaway CEO Greg Abel Just Broke This 21-Month Streak Started by Warren Buffett
Warren Buffett sat at the helm of Berkshire Hathaway (NYSE: BRKA) (NYSE: BRKB) for over 60 years before turning the reins over to Greg Abel at the start of 2026. Abel indicated that not much will change at the company under his leadership in his first letter to shareholders.
US initiates investigation into Malaysian economy
PETALING JAYA: The Office of the United States Trade Representative (USTR) has initiated investigations into several economies, including Malaysia, over concerns about structural excess capacity and production in certain manufacturing sectors.
It said the probe, conducted under Section 301 of the Trade Act of 1974, will examine whether the acts,
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Read MoreKey inflation gauge worsened in January, before Iran war lifted gas prices
By CHRISTOPHER RUGABER, AP Economics Writer
WASHINGTON (AP) — An inflation gauge closely monitored by the Federal Reserve moved higher in January in the latest sign that prices were persistently elevated even before the Iran war caused spikes in oil and gas costs.
Prices rose 2.8% in January compared with a year earlier,
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Read MoreThe Burst
Is SoFi Still a Once-in-a-Generation Fintech Opportunity
SoFi’s rise over the past few years has been stunning. SoFi’s stock has surged over 3x over the past 3 years, handily outpacing blue-chip tech names, even those riding the artificial intelligence wave. But that eye-popping run might be both a blessing and a curse.
Investors are now wondering whether SoFi keep up the pace?
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Read MoreThe Ivy
Is This Robotics Firm a Giant In The Making?
Inside operating rooms across the globe, a revolution has been underway, one led by Intuitive Surgical (NASDAQ: ISRG).
Over the past five years, the company has more than doubled its profits, yet many argue that it’s still in the early innings of growth.
Key Points
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Intuitive Surgical has more than doubled profits in five years.
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Read MoreThe Spotlight
Has The Golden Age For Twilio Started?
Twilio is one of those companies that not many individuals know much about but which is used widely by over 300,000 businesses.
It essentially powers SMS communications so let’s say you’re a Dell or Shopify or Toyota and want to message your own audiences, you would sign up to Twilio to engage with them.