Singapore's benchmark Straits Times Index has climbed around 12.2% so far this year to become one of Asia's top performers. The STI ended 2020 as the worst performer in Asia
Continue reading »Cathie Wood’s Ark Invest Launches Space ETF
The ARK Space Exploration & Innovation ETF (NYSEARCA: ARKX) began trading Tuesday morning. It’s the latest exchange-traded fund in Cathie Wood’s hugely popular stable of six actively managed ETFs. The
Continue reading »What to watch today: Stock futures fall after Dow record as yields jump
U.S. stock futures dropped Tuesday as the 10-year Treasury yield hit a 14-month high in early trading. On Monday, the Nasdaq dropped and the S&P 500 fell from the previous
Continue reading »Cathie Wood\u2019s ARK Invest Buys and Sells 3\/29
ARK Invest has been the talk of Wall Street over the last couple of years, outperforming the market and solidifying its place among the big players in the investments world.
Continue reading »Suez Canal supply chain snafu likely to 'untangle itself' in 'next week or so': Ex-Shell Oil president
Suez Canal blockage aftermath will ‘untangle itself’ in about a week: Former Shell Oil president Former Shell Oil CEO John Hofmeister on oil prices and the Suez Canal blockage. The
Continue reading »How Archegos’ $20 billion move to flee certain names led to banks’ share prices tumbling
U.S. media stocks ViacomCBS and Discovery, plus a few Chinese internet ADRs experienced severe selling pressure on Friday. The culprit for the massive selling was a forced liquidation of positions
Continue reading »Watch lawmakers grill Robinhood's CEO
New York (CNN Business)The names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much like the GameStop saga earlier
Continue reading »European markets mostly higher; Credit Suisse slides 13%
The giant container ship blocking the Suez Canal, the Ever Given, is said to have been refloated and is being secured. Credit Suisse plunged 13% after warning of a "highly significant"
Continue reading »Stock Futures Drop as Banks Warn of Losses
Maria Bartiromo’s Wall Street – Friday, March 26 On today’s episode of ‘Maria Bartiromo’s Wall Street’, Maria reports on the second week of losses in the market; plus, CEO of
Continue reading »Here's what happened in that wild trading in China internet stocks
A trader who participated in some of the wild trading in Chinese internet stocks on Friday confirmed that the primary cause of the selling in Chinese stocks was that a
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