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Nvidia Corp's shares rose over 4% in extended trading after the megacap chipmaker forecast quarterly revenue above estimates.

Wall Street turned lower and oil prices fell on Wednesday as investors parsed the minutes from the U.S. Federal Reserve's most recent policy meeting, and looked ahead to Nvidia Corp's earnings...

Wall Street ended lower as Fed concerns on inflation pressure markets, while Nvidia shares rose in extended trading after surpassing revenue estimates. Mixed retail results and economic data further fueled investor jitters. Global markets showed mixed results, with European shares retreating and Asian-Pacific stocks edging higher.

In early 2021, Cathie Wood's ARK Invest managed $59B across 6 funds, becoming the world's largest active ETF manager. However, by April 2024, heavy outflows and underperforming holdings have caused assets under management to plummet to $11.1B.

In early 2021, Ark Invest, led by tech investor Cathie Wood, managed a staggering $59 billion across six funds, making it the world’s largest active ETF manager. Three years later, a significant 80% downturn occurred, with assets under management in those funds plummeting to just $11.1 billion. This decline can be attributed to a combination of factors, including high interest rates dampening Wood’s long-term speculative tech investments and the subsequent wave of outflows from disillusioned inv