Text size Cathie Wood of ARK Invest Reed Young The new year did not bring a fresh start for Cathie Wood’s ARK Invest, a fund company known for its focus on innovation stocks and high price targets. Th...
Tag: financial services
Citi Is Bullish on Lucid Stock. Where Is the Rest of Wall Street?
Text size A Lucid Air Grand Touring electric luxury car. Patrick T. Fallon/AFP/Getty Images Citigroup is staying bullish on electric-vehicle startup Lucid to start the new year. Analyst Itay Michaeli ...
This investing legend has been predicting surprises for the last 37 years. Here’s how he did last year — and what he’s predicting now
Byron Wien, the vice chairman of private-equity giant Blackstone, has been making his list of ten surprises for 37 years. Previously the chief U.S. investment strategist at Morgan Stanley, Wien has be...
The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators
WASHINGTON—As cryptocurrencies go mainstream, prices for bitcoin and other digital tokens are often displayed on cable-news tickers and finance apps as though they were just like regular stocks, bonds...
Trump-Appointed Chairman’s Resignation Hands Control of FDIC to Democrats
WASHINGTON— Jelena McWilliams’s decision to resign as chairman of the Federal Deposit Insurance Corp. paves the way for Democrats to gain control of the agency’s agenda in the coming weeks, potentiall...
Stitch Fix Stock Has Cratered. One Investor’s $100 Million Bet on a Comeback.
Text size Courtesy of Stitch Fix Stitch Fix stock has tumbled in 2021, but one of the largest investors in the online apparel retailer has been racking up big stock buys. Stitch Fix (ticker: SFIX) sto...
4 simple things to do with your money now, so you start 2022 off right
Getty Images Need a kick-start to your financial New Year’s resolutions? There’s no need to make it complicated, says Ashley Feinstein Gerstley, author of the upcoming personal finance guide book “Fin...
The Warren-Biden Bank Heist – WSJ
Elizabeth Warren finally got her woman—that is, the Senator and her many acolytes in the Biden Administration have succeeded in ousting Jelena McWilliams as chair of the Federal Deposit Insurance Corp...
Dow futures gain more than 100 points ahead of first trading day of 2022
U.S. stock futures rose Sunday, indicating a positive start for Wall Street on the first trading day of 2022. Dow Jones Industrial Average futures YM00, +0.38% were up more than 100 points, or 0.3%, S...
How to help your parents organize their finances
Like many baby boomers, my wife and I have watched our parents go from total independence to assisted living to death. We’ve been thankful that, at key moments, they made the difficult decisions thems...
Weekend reads: Your money and how to invest in 2022
Happy New Year! As 2021 ends, we once again hope for the new year will bring a pandemic recovery. Here are some looks ahead at what may affect financial markets, companies and even you in 2022. Turn a...
The S&P 500 beat both Dow, and Nasdaq in 2021 by the widest margin in 24 years. Here’s what history says happens in 2022.
While the music played, investors kept dancing, paraphrasing a line from former Citigroup C, -0.07% CEO Chuck Prince. Purchasers of U.S. stocks have danced to the tune of a record rise for the broad-m...
23 dividend stocks that can pass this strict quality screen
Stocks are expensive. You’ve probably been hearing that for years, and based on traditional price-to-earnings ratios it’s true. If you invest now in a broad index, such as the benchmark S&P 500 SP...