Cathie Wood’s ARK Invest Buys for 7\/23

ARK Invest funds were again mixed on Friday even as the broad markets pushed higher to close out the week. ARKW performed the best out of the group, up 1.3% on the day, while ARKG lagged the rest of the group, down about 0.6%. The gains from last year are slowly sliding away, but Cathie Wood may have something up […]

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ARK Invest\u2019s Weak Q2 Could Be Setting Up for Something Big

ARK Invest had some of the hottest exchange-traded funds (ETFs) of 2020, with massive gains across the board. However, keeping up the pace and the year-over-year comps is proving to be tricky. Cathie Wood and company recently released the second-quarter report for the ARK Invest family of funds, and while many of these funds underperformed the in quarter the outlook […]

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Sensex surges over 100 points in early trade, Nifty tops 15,950

ITC was the top gainer in the Sensex pack, surging over 1%. Equity benchmark Sensex jumped over 100 points to touch record intra-day high in early trade on July 16, tracking gains in index majors Reliance Industries, HDFC twins and ITC despite a largely negative trend in global markets. After surging to a peak of 53,290.81 in opening session, the […]

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Battery start-up Enovix begins trading after SPAC merger in latest clean tech deal

Battery start-up Enovix begin trading on Thursday after completing its reverse merger with special purpose acquisition company Rodgers Silicon Valley Acquisition Corp. The stock initially jumped at the opening bell, but dipped more than 12% during afternoon trading. Enovix creates batteries with silicon anodes, which means greater energy density. SPACs have been a popular avenue for clean tech companies looking […]

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