One ARK Invest exchange-traded fund run by ETF star Cathie Wood bought over 150,000 shares of Robinhood Markets Inc. (NASDAQ: HOOD) on Tuesday, The price of this ETF was up around 2% in Tuesday’s session, and the fund is up a fair amount in the past year. ARK Fintech Innovation ETF (NYSEARCA: ARKF) bought 151,697 shares of Robinhood. At Tuesday’s […]

Macquarie chief executive Shemara Wikramanayake has called on governments to quadruple renewable energy production by 2030 and warns the economic and human cost of climate change is being felt a decade earlier than feared. In opening Macquarie’s Green Investment Group’s two-day climate conference, Ms Wikramanayake said the scale and pace of the clean energy transition needed to be accelerated to […]

While consensus among central bank policymakers remains that higher inflation is transitory, the result of a confluence of surging energy prices and global supply problems, investors have begun to seek protection, with major stock markets snapping multi-month winning streaks in September. The return of higher and less stable inflation across major economies would cause a spike in exchange rate volatility, […]

The second trading day of October was marked with a huge sell-off in tech stocks, much of which stemmed from Facebook’s outage. ARK Invest exchange-traded funds got the worst of this sell-off, as they are mostly comprised of tech stocks. ARKQ performed the best out of the group, down 2.1%, while ARKG did the worst, down 4.0% on the day. […]

As incredible as it may seem, 2021 is down to the final 90 days of the year. Halloween and the other holidays will soon be upon us, and many investors and traders across Wall Street are a touch anxious over what could be a volatile quarter, especially following September, which was the worst month for stocks since 2020. While interest […]

European stocks are expected to open in positive territory on Tuesday with regional investors brushing off Monday's losses on Wall Street. The U.K.'s FTSE index is seen opening 20 points higher at 7,033 and Germany's DAX 41 points higher at 15,083, according to data from online trading platform IG. France's CAC 40 is set to trade 9 points higher at 6,491 […]

FILE PHOTO: People walk past the Bombay Stock Exchange (BSE) building in Mumbai, India, November 4, 2020. REUTERS/Francis MascarenhasBENGALURU (Reuters) – Indian shares fell on Tuesday, led by tech and finance stocks and amid a global selloff over concerns rising oil prices might hamper economic activity. The NSE Nifty 50 index fell 0.13% to 17.668.4, while the S&P BSE Sensex […]