After a brief bounceback in 2023, Cathie Wood’s exchange-traded funds continued to suffer this year. Investors are losing their patience. So far this year, investors have pulled $2.2 billion out of the six actively managed ARK ETFs, more than the asset outflows the funds have seen for the entire 2022 and 2023 combined. That’s left
If you are a serious investor, your sweetheart was likely mad at you on Valentine’s Day. That’s because you were studying the 14,000 different investment positions that hedge fund giant Citadel had at year-end. Every Feb. 14, big money managers are required to file 13F forms with the U.S. Securities and Exchange Commission, revealing many
The biggest bombshell in Apple ’s December quarter earnings report came on the company’s conference call, when CFO Luca Maestri provided a hugely disappointing forecast for the March quarter. Management’s guidance, implying overall quarterly revenue will fall 5% from a year earlier to about $90 billion, with a drop of nearly 10% in iPhone sales,
I thought it was a federal loan because I believe they did both types of loans. I started paying back the $153,000 interest-only loan in September 2022, while my dad paid towards the principal and the balance increased. They removed the interest-only repayments after several calls were made regarding the balance not being reduced. My
While you may not be able to compete with investment banks that build their headquarters physically closer and closer to the stock exchange so they can have the fastest response time, you can at least get some fast hardware. Stock trading with an appropriate laptop is important because sometimes the difference between a big windfall
Optimism over artificial intelligence powered the stock market in 2023. It also helped some sustainable funds turn in a surprisingly strong performance. Based on data from Morningstar Direct, the top five sustainable U.S. equity mutual funds in Barron’s annual survey outperformed the S&P 500 index, returning an average 35% against a gain of 26%, including
Coinbase Global and MicroStrategy were leading a raft of cryptocurrency-related stocks higher on Wednesday. The companies were among those being boosted by Bitcoin’s rally and MicroStrategy pouring more money into the asset. Coinbase shares were up 6.1% at $182.53. The cryptocurrency exchange is trading at its highest levels since early 2022 and has outpaced the
Why Microsoft’s stock is a better investment than Apple
Apple Inc. has long been the most valuable U.S. company, but Microsoft Corp. seems poised to overtake it. A look back at the companies’ financial performance and a look ahead at expected revenue and profits make the case that Apple is no longer a growth stock and that Microsoft is the better long-term investment. Late