When Arizona’s 2022 gubernatorial race was called for Democrat Katie Hobbs on Monday night, November 14, there was no shortage of gloating on Twitter. Far-right GOP nominee Kari Lake, according to her critics, went out of her way to be as insulting, condescending and mean-spirited as possible during her campaign. But in the end, she … Read more
The Dow Jones Industrial Average took a breather after Thursday’s 3.7% gains. After opening 0.2% lower, the blue chip index was down 0.7% at noon. The S&P 500 pared earlier gains of 0.5% to trade 0.1% higher. The Nasdaq also gave up half of its early gains and was up nearly 0.7% at noon ET. … Read more
Celebrity money manager Cathie Wood, chief executive of Ark Investment Management, has said that this year’s drop in the “disruptive” technology stocks she owns represents a buying opportunity. And she put her money where her mouth is Thursday, with Ark Innovation ETF (ARKK) buying 66,190 shares of Tesla (TSLA) , worth $13.7 million as of … Read more
Billionaire investor Ryan Cohen cashed out his entire position in Bed Bath & Beyond this week, capping a wild stretch of trading in the stock and marking the latest sign that meme-stock mania is still alive. Mr. Cohen, the co-founder of pet-supply retailer Chewy Inc., developed a deep fan base of individual investors last year … Read more