Daily Trade

ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on Wall Street in 2020. In a Friday evening blog post, Wood said that despite a brutal stretch that has compelled the operators of the ARK
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It’s the disclosure that everyone interested in the investment markets were waiting for. As InvestorPlace financial news writer Samuel O’Brient noted, the Federal Reserve recently met to discuss current economic challenges, particularly the soaring inflation rate. While the subsequent answer soothed benchmark indices, it leaves a question mark for SoFi Technologies (NASDAQ:SOFI), particularly as SOFI
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Dear Quentin, I think I am being more than fair relative to sharing expenses while living in my girlfriend’s house, but I could use a little perspective. My 59-year-old retired girlfriend is well-off. Her lakefront home with an extra buildable lot, her Florida condo, and her residential and commercial rental properties are all paid off,
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DigitalOcean (NASDAQ:DOCN) stock is a growth name in a time of value. DigitalOcean nearly matched its 2020 revenue in the first three quarters of 2021. Its losses are narrowing and operating cash flow has skyrocketed. There’s nothing wrong with the cloud hosting company’s operations. Source: monticello / Shutterstock.com What’s wrong is its valuation in the
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Moderna (NASDAQ:MRNA) stock is dropping after results for its mRNA flu vaccine is underwhelming investors. However, in my opinion, the real problem is that the flu underwhelms investors. Source: Ascannio / Shutterstock.com Since the Moderna vaccine was given an emergency use authorization in November 2020, there have been numerous critics. I’ve heard arguments that the mRNA
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Former Treasury Secretary Larry Summers was right that inflation would prove longer lasting than Federal Reserve and White House officials believed at the beginning of the year. Now Summers says the Fed, which is likely on Wednesday to forecast multiple interest rate hikes next year, will have a hard time putting the inflation genie back
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Upstart (NASDAQ:UPST) has been one of this year’s top performers. Shares of UPST stock are up over 260% year-to-date (YTD), from around $40 at the start of 2021 to $151 as of the close of Dec. 13. Source: Postmodern Studio / Shutterstock.com You probably wouldn’t realize that if you’ve just tuned into the Upstart story, however.
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Hello and welcome back to MarketWatch’s Extra Credit column, a weekly look at the news through the lens of debt.  For nearly two years, borrowers with federal student loans have had a reprieve from monthly bills thanks to a pandemic-related pause on student loan payments, interest and collections that’s been in place since March 2020.
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It was quite the Manic Monday, with not just the S&P 500 suffering its worst single-day performance in nearly two weeks, but retail favorites such as meme stocks GameStop and AMC Entertainment getting battered. Thomas Lee of Fundstrat made three points. No investor wants to go risk-on into the Federal Open Market Committee meeting, equities
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As much as I’d like to pitch three bullish ideas, Monday’s market meltdown doesn’t allow it. My watch list is a sea of red, and the usual suspects are tumbling. Reopening plays, small caps, once-loved-now-loathed growth stocks — down, all down. I’ve scanned the top losers on the session and found plenty of fodder for
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Tornadoes in December are unusual, but not unheard of. Yet the distance of the destructive path for a single twister during this weekend’s deadly weather broke a century-old record. Are tornados linked to climate change, similar to how devastating heat, wildfires, droughts and floods have intensified with a warming Earth? Should we get used to
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