Cathie Wood-led Ark Investment Management on Tuesday snapped up 870,299 shares, estimated to be worth about $42.2 million, in DraftKings Inc (NASDAQ: DKNG) on the day shares of the sports betting company fell after it became the latest target of short seller Hindenburg Research.
Many people are waiting for the Pentagon to release its report on UFOs, or Unidentified Ariel Phenomena (UAP), later this month.
It remains to be seen whether or not aliens have been visiting us, but there's no doubt that interest in space and space exploration has been growing.
Are you getting frustrated waiting for a meaningful pullback in US equity ETFs? There have been pullbacks in some sectors if you know where to look.
If you like to buy on pullbacks in bull markets (like me), you may have trouble swallowing some of the price levels and medium-term overbought technicals on many instruments right now.
Investors are eagerly anticipating the U.S. Federal Reserve’s updated economic projections expected out Wednesday.
Inflation is at the forefront of many investors minds at the moment, but the latest global hedge fund manager survey from Bank of America suggests fund managers aren’t particularly concerned about inflation.
Cathie Wood-led Ark Investment Management on Monday shed 145,727 shares, worth about $9.26 million, in Snapchat parent Snap Inc (NYSE: SNAP) on the day shares of the social media company fell.
Snap shares closed 0.81% lower at $63.57 on Monday.