ARK Invest is betting big on private tech companies. “It’s an amazing time to invest in innovation,” the firm’s chief futurist, Brett Winton, told CNBC’s “ETF Edge” this week. “Both venture exposures and public innovation companies are incredibly well valued today to take a long-term investment.” Winton worked with the ARK Invest team to create … Read more
The Federal Reserve may have new incentives in the second quarter to cut rates deeper this year. Canaccord Genuity’s Tony Dwyer thinks a deteriorating jobs market and easing inflation will ultimately push the Fed to act. “I’m not saying that they have to go back to zero, but they have to be more aggressive,” the … Read more
Hedge fund manager Mark Yusko is predicting bitcoin will more than double this year to $150,000. “Get off zero,” the Morgan Creek Capital Management CEO and chief investment officer told CNBC’s “Fast Money” this week. Yusko thinks investors should have at least 1% to 3% allocated to bitcoin in their portfolios. “Bitcoin is the king. … Read more
The finance ministry is not in favour of any major regulatory intervention in the stock market, and believes that over-regulation could lead to nervousness among participants, ETNow news channel reported, quoting sources. The news comes in the backdrop of the recent measures taken by the Securities and Exchange Board of India (SebI) to check on … Read more
Jainam Broking Limited, a prominent stock broking company based in Gujarat, concluded the 5th edition of the Indian Options Conclave 5.0, an esteemed annual gathering for options traders, investors, and enthusiasts. Held at the state-of-the-art YPD World Convention Centre in Surat, Gujarat, on March 15th and 16th, 2024, the event, themed “Traders Mahakumbh,” attracted over … Read more
Nithin Kamath on Friday said the popular narrative that retail investors are clueless may not be fully accurate. According to Kamath, equity investors on Zerodha are sitting with higher overall notional gains than equity mutual fund investors. “Maybe the popular narrative that retail investors are clueless and “gambling” isn’t fully accurate. That’s because you would … Read more
Alistair Berg | Digitalvision | Getty Images For years, interest rates were low, inflation was steady and both financial markets and economic conditions were relatively stable. Then the Covid-19 pandemic turned everything on its head. Inflation began to soar and central banks around the world hiked interest rates in an effort to halt rising prices. … Read more
A rally across all asset classes powering the S&P 500 to its best month in over a year has finally caught the attention of retail investors. The same traders who created the so-called meme-stock mania, with big bets on speculative companies, are back. And they are piling into the market’s favorite stocks — think Amazon.com … Read more
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