Oil prices rose in choppy trade on Thursday after three days of losses. While tensions in the Middle East helped push prices higher, the upside remained capped by COVID-19 related concerns and data showing a surprise build in crude stockpiles in the United States, the world’s top oil consumer. Brent […]
Read moreWeber prices below expectations as grill maker downsizes its IPO
Fox Business Flash top headlines for August 4 Check out what’s clicking on FoxBusiness.com. Grill maker Weber Inc. sold fewer shares at a lower price than expected in its initial public offering, people familiar with the matter said, the latest sign the new-issue market may be cooling after a torrid […]
Read moreRobinhood stock gets off to rocky start
New York (CNN Business)Robinhood cashed in on the meme stock craze. Now Robinhood itself is turning into the next plaything for the retail trading crowd. Shares of Robinhood spiked as much as 82% early Wednesday — even though the controversial trading company, which debuted on Wall Street just last week, […]
Read moreMeet the ETF That’s Betting Against Cathie Wood
ARK Invest’s family of exchange-traded funds (ETFs) has been a force to be reckoned with in the markets over the past few years, and with Cathie Wood at the helm, why not? Investors have seen these ETFs double and triple in a few years’ time. However, with the impressive year […]
Read moreWhat to watch today: Stock futures drop, bond yields fall after weak jobs data
U.S. stock futures fell Wednesday after weaker-than-expected jobs data. The S&P 500 on Tuesday broke a two-session losing streak and closed at a record high as broad market strength outweighed travel stocks held back by Covid fears. The Dow Jones Industrial Average also rose Tuesday for the first time in […]
Read moreCathie Wood’s ARK Invest Buys Over 240,000 Shares of Fate Therapeutics
A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought over 240,000 shares of Fate Therapeutics Inc. (NASDAQ: FATE) altogether, as the price of these ETFs were somewhat mixed on the day. Note that these funds are […]
Read moreCiti says buy now, pay later not a ‘fad’ as it joins the stampede
Citi says the rise of buy now, pay later (BNPL) products is one of the most important shifts in payments, as it prepares to use Australia as a testing ground for its move into the booming sector. While some banks including ANZ have played down their interest in BNPL, global […]
Read moreCathie Wood’s ARK Invest Buys Over 850,000 Shares of Pacific Bio
A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood bought over 850,000 shares of Pacific Biosciences of California Inc. (NASDAQ: PACB) altogether on Monday, as the prices of these ETFs were up less than 1% in Monday’s session. These funds are up a fair amount in […]
Read moreTuesday’s Top Analyst Upgrades and Downgrades: Airbnb, Krispy Kreme, Planet Fitness, Square, Workday, XPO Logistics and More
The futures all traded higher on Tuesday after a wild Monday that saw the market open solidly higher before giving back much of the early gains, with the Dow Jones industrials printing yet another all-time intraday high before closing negative. The combination of more mask mandates and the potential for […]
Read moreUS stocks trending higher as almost 50 S&P members to report 2nd quarter earnings
Fox Business Flash top headlines for August 2 Check out what’s clicking on FoxBusiness.com. U.S. equity futures are pointing to gains ahead of almost 50 members of the S&P 500 set reporting second quarter earnings, including several energy and health care names. Stocks in this Article Consumer-related companies like Clorox, […]
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