Cathie Wood’s ARK Invest Sells for 10\/6

The futures for the Nasdaq, S&P 500, and Dow Jones pushed higher on Wednesday evening amid increased optimism regarding the debt ceiling. ARK Funds tracked higher for the most part on Wednesday as well. ARKW performed the best out of the group, up 1.7%, while ARKG did the worst, down 1.3% on the day. The gains from last year are […]

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Taiwan does not seek military confrontation, says president

TAIPEI (Reuters) -Taiwan does not seek military confrontation, but will do whatever it takes to defend its freedom, President Tsai Ing-wen said on Friday, amid a rise in tensions with China that has sparked alarm around the world.Taiwan’s President Tsai Ing-wen speaks next to the French Senator Alain Richard during their meeting in Taipei, Taiwan October 7, 2021. Central News […]

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Stock futures are flat ahead of key employment report

U.S. stock index futures were flat during overnight trading on Thursday as Wall Street awaits Friday's key September jobs report. Futures contracts tied to the Dow Jones Industrial Average gained 19 points. S&P 500 futures were up 0.06%, while Nasdaq 100 futures advanced 0.08%. Stocks advanced during regular trading on Thursday as Washington reached a deal to raise the debt […]

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How a U.S. steel shortage created a market bubble

The Covid-19 pandemic threw supply chains into chaos, and steel — an essential metal used in everything from dishwashers to cars — was not immune to these disruptions. "Steel is certainly one of those examples of shortages, higher prices, and growing frustration among customers," Associated Builders and Contractors chief economist Anirban Basu told CNBC. Demand for steel dropped at the […]

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BlackRock to give clients more say on holding companies to account

LONDON/BOSTON (Reuters) -BlackRock Inc plans to give large clients more of a say on ballots cast at company annual meetings, a move that some industry experts predicted could result in companies facing more opposition from rebellious shareholders.FILE PHOTO: The BlackRock logo is seen outside of its offices in New York City, U.S., October 17, 2016. REUTERS/Brendan McDermid BlackRock – the […]

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ZF invests in Oxbotica to develop autonomous urban shuttles

A ZF autonomous shuttle built using software developed by self-driving startup Oxbotica is shown in this undated photo obtained by Reuters on October 7, 2021. ZF/Oxbotica/Handout via REUTERS LONDON (Reuters) – German automotive industry supplier ZF Friedrichshafen AG will invest in British autonomous vehicle software startup Oxbotica to jointly develop driving systems for pod-like shuttles which will be able to […]

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US stock futures higher early Thursday following market turnaround over possible debt ceiling news

Fox Business Flash top headlines for October 6 Check out what’s clicking on FoxBusiness.com. U.S. equity futures were trading higher in a healthy turnaround after a morning marked by broad losses across sectors. Stocks in this Article Investors in the U.S. are hoping Congress may manage to temporarily extend the federal government's debt ceiling and buy lawmakers time to reach […]

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Twitter to sell mobile ads firm MoPub to AppLovin for $1 billion

FILE PHOTO: A Twitter logo is seen outside the company headquarters in San Francisco, California, U.S., January 11, 2021. REUTERS/Stephen Lam/File Photo(Reuters) -Twitter Inc said on Wednesday it has agreed to sell mobile ads company MoPub to AppLovin Corp for $1.05 billion in cash. MoPub, which generated about $188 million in annual revenue for Twitter last year, allows companies to […]

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