Page 40 - Peter Garnry News Today : Breaking News, Live Updates & Top Stories | Vimarsana

April 14, 2021 DUBAI — Saxo Bank, the leading Fintech specialist focused on multi-asset trading and investment, has revealed the most traded stock by its GCC-based clients in Q1, with GameStop mania seeing the video game distributor edge major technology brands including Tesla, Nio, Amazon and Apple during a three-month period defined by frenetic options trading, shares sold short and chat room wars. “Global equities continued the upward momentum in the first quarter amid increased volatility, which was especially evident in several heavily shorted stocks in the beginn...

ASX to slip, Fed policy meeting in focus Save Share Australian shares are poised for a modest opening dip to start the week after bonds sold off anew on renewed bets the US economic recovery is set to accelerate and interest rate forecasts may need a reset. ASX futures were down 3 points or 0.04 per cent to 6767. On Friday the S&P/ASX 200 rose 53 points or 0.8 per cent to 6766.81. The local currency slipped 0.3 per cent; the Bloomberg dollar spot index rose 0.3 per cent. The yield on the US 10-year note surged 9 basis points to 1.62 per cent in New York on Friday local time; up from 1.55 per ...

Cathie Wood: A tech investor doing God's work 13 Mar, 2021 03:59 PM 5 minutes to read Financial Times By: Michael Mackenzie Earlier this week, and for no obvious reason, Cathie Wood's US$23 billion ($32b) flagship Ark investment innovation fund rose 10 per cent in a day. On Wall Street that kind of bounce is usually a warning sign of frothy markets, especially given Ark's recent price falls. Not for Wood. "Buy the dip," is a catchphrase. Wood is the public face of a speculative tech boom many liken to the dot.com boom and bust of the early 2000s. The success of Tesla and oth...

High-priced tech stocks sink further into bear territory 6 Mar, 2021 07:00 PM 5 minutes to read Some of the most popular tech stocks have struggled recently. Photo / Getty Images Financial Times By: Michael Mackenzie and Eric Platt Some of the hottest technology stocks and funds of recent months have fallen into bear market territory and investors are betting on more turmoil to come, as rising bond yields undermine the case for holding high-priced shares. A Friday afternoon stock market rally notably failed to include shares in Tesla and exchange-traded funds run by Cathie W...

5 Min Read NEW YORK (Reuters) - The steep slowdown in momentum stocks over the last week has been especially painful for ARK Invest’s Cathie Wood, the top stock picker of 2020. FILE PHOTO: Dividers are seen inside a trading post on the trading floor as preparations are made for the return to trading at the New York Stock Exchange (NYSE) in New York, U.S., May 22, 2020. REUTERS/Brendan McDermid/File Photo The $26.6 billion ARK Innovation ETF, which analysts say is beloved by retail investors, is down nearly 11% over the last week, nearly 10 times the slide in the benchmark S&P 500, as compan...