ETFs - Spark Newswire

2 minute read

Looking For An Entry To Trade Semiconductors Bearish? This ETF Offers 3X Leverage

Today, 11:50 AM

The Direxion Daily Semiconductor Bear 3X Shares (NYSE: SOXS) was flying higher during Friday's session after gapping up to start Thursday’s trading day and rallying 6.37% off the open.

AMD

1 minute read

Why Nasdaq-100 Inverse ETF SQQQ Is Up 23% Since Wednesday

By Henry Khederian

Today, 11:50 AM

ProShares UltraPro Short QQQ ETF (NASDAQ: SQQQ) shares are trading sharply higher by some 22.95% to $57.91 since Wednesday afternoon. SQQQ is a popular, 3x-leveraged inverse ETF that tracks the Nasdaq-100.

SQQQ

2 minute read

China Gives Lightning-Fast Approvals To 5 New ETFs Amid Market Rout, Sino-US Tech War

By Bhavik Nair

Today, 11:50 AM

Amidst a global rout in technology shares and a worsening Sino-U.S.

CQQQ

1 minute read

Cathie Wood Snaps Up $421K In Shares Of This 3D Printing Partner Of Elon Musk’s SpaceX

By Bhavik Nair

Today, 11:50 AM

Cathie Wood’s Ark Investment Management on Friday hiked its stake in Velo3D Inc (NYSE: VLD), a 3D-printing technology firm that counts Tesla Inc (NASDAQ: TSLA) CEO Elon Musk's SpaceX

AJRD

1 minute read

Ark Invest’s Cathie Wood Hands Over Management Of A Pair Of Ark Funds

By Adam Eckert

Today, 11:50 AM

Ark Invest founder and CEO Cathie Wood has stepped down from the management role at two of her funds.

ARKK

1 minute read

Cathie Wood Cuts Another $32M From Healthcare Company Following Amazon-Linked Rumors

By Neer Varshney

Today, 11:50 AM

Cathie Wood-led Ark Investment Management on Tuesday sold 1,102,797 shares in Signify Health Inc. (NYSE: SGFY), valued at $32.3 million, via two of its key exchange-traded funds.

AMZN

2 minute read

Tesla Bull Cathie Wood, Once Skeptic Of Legacy Automakers’ EV Transition, Loads Up Another $5M In GM Stock

By Shanthi Rexaline

Today, 11:50 AM

Ark Invest, run by Cathie Wood bought roughly $5 million worth of General Motors Corporation (NYSE: GM) shares on Monday, adding to the position she

ARKK

2 minute read

Founder Of World’s Largest Hedge Fund Rails Against Fed, Predicts 20% Stock Plummet

By Anthony Noto

Today, 11:50 AM

The Federal Reserve's raising of interest rates could bring the economy "down," according to billionaire Ray Dalio. In a recent LinkedIn post, the Bridgewater Associates founder said increasing interest rates to about 4.5% — meant to offset inflation — will cause stock prices to plummet by 20%.

DIA

2 minute read

Cathie Wood Buys Nearly $7M In This Sapped Bitcoin-Linked Stock — Also Picks Up Shares In CareDx

By Bhavik Nair

Today, 11:50 AM

Cathie Wood-led Ark Investment Management has bought over 100,000 shares of Jack Dorsey’s Block Inc (NYSE: SQ), valued at over $6.9 million based on Wednesday’s closing price.

ARKG

3 minute read

These 5 Experts See A Market Crash Ahead: What Do BZ Readers Think?

By Anthony Noto

Today, 11:50 AM

A majority of Benzinga readers, 63.5%, expect the S&P 500 to hit a new low in September, according to a recent survey. More than 36% say it won't.

AAPL