Coinbase Global Inc. stock fell nearly 6% in extended trading Thursday after the Silicon Valley crypto platform crushed Wall Street expectations for its fourth quarter but cast doubt on current-quarte...
Tag: Financial Investment Services
Week’s Best: Wealthy Investors Are Hanging On to Their Cash
Advisors take note: despite a January increase in consumer prices not seen in four decades, investors are stubbornly clinging to cash positions or cash equivalents like CDs, according to a new survey ...
Charlie Munger Expects Index Funds to Change the World—and Not in a Good Way
Charlie Munger doesn’t think Larry Fink should be running the world. Mr. Munger, the billionaire vice chairman of Berkshire Hathaway Inc. and Warren Buffett’s business partner, said the rise of index ...
Ray Dalio’s Bridgewater boosts its bets on China
The world’s biggest hedge fund boosted its bet on Chinese companies in the fourth quarter. The latest 13-F filing from Bridgewater Associates shows the firm boosted the number of shares it’s held in A...
George Soros Buys a Big Rivian Stake
Text size Soros Fund Management’s stake was worth about $2.1 billion at the end of December. Courtesy Rivian George Soros’ family investment office, Soros Fund Management, revealed a new stake i...
Billionaire George Soros reveals stake in Rivian, sells some tech shares
Billionaire George Soros’ investment fund has taken a more than $1 billion stake in electric-pickup maker Rivian Automotive Inc. According to a filing with the Securities and Exchange Commission on Fr...
These 3 Funds Invest Like ARK But Didn’t Fall as Far
Just one year ago, the innovation-focused exchange-traded funds from Cathie Wood’s ARK Invest were some of the hottest on the market, thanks to their spectacular rise in 2020. Now, they’ve collapsed b...
Oil is the hottest sector, and Wall Street analysts see upside of up to 48% for favored stocks
Energy is the best-performing stock-market sector this year. Given today’s strong economic growth and inflation, many believe oil prices could remain at current levels for years or maybe even move hig...
Morgan Stanley Wants to Educate Investors on Ethereum
It’s not often that one of the major wirehouses tells clients to pay attention to cryptocurrencies, so when Morgan Stanley Wealth Management introduces a 20-page primer on the cryptocurrency Ether, it...
Buy the dip? Why the stock market’s bounce off January lows may prove premature
A big stock-market bounce after an ugly January might reflect misplaced confidence in a previously tried-and-true trading strategy, a Wall Street analyst warned on Monday. “After a tough markdown of s...
Investors Flock to Savings Bonds for Protection Against Inflation
As inflation rises, another low-risk investment is getting more attention: the tried-and-true Series I savings bond known as inflation or I bonds. These federally guaranteed instruments currently hav...
This way of picking value stocks has actually worked — and Berkshire Hathaway screens the best
Amazon.com’s earnings surprise is the story of the day, pushing even the jobs report into second billing. More on that in a second. But the broader story of the markets is unchanged. Interest rates ar...
Major Investors Hold Ground on Russian Debt Amid Ukraine Crisis
Tensions over a potential Russian invasion of Ukraine have put international investors on edge. But some are holding on to Russian debt, betting that a diplomatic solution to the crisis could spark a ...
Citrix Systems Near $13 Billion Buyout by Elliott, Vista: WSJ
Cloud-computing company Citrix Systems is close to a deal to be taken private, The Wall Street Journal reported. Dreamstime Text size This story originally appeared in The Wall Street Journal. Cloud-c...
Cathie Wood’s ARK Faces Loyalty Test After Tech-Stock Rout
Cathie Wood says the high-risk stocks in the exchange-traded funds sold by ARK Investment Management LLC are so cheap that they will inevitably rise. A surprising number of investors are willing to gi...
Calling Out ‘Emperor’ Larry Fink
When you’re 98 years old you can say things others can’t, so bravo to Charlie Munger for daring to speak an important but too muffled truth about today’s financial markets. “We have a new bunch of emp...