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Cathie Wood’s Ark Investment has purchased around $20 million worth of Block shares as the crypto investment firm stand remains committed to crypto. According to data provided by ARK Invest Daily Trades, ARK Invest acquired a total of 305,573 shares of Block across six intervals between June 7-8, which now represents ARK’s…

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Shares of Hims & Hers (NYSE:HIMS) have lagged the market and are down following my initial write-up on the stock in April. At the time, I thought the stock looked cheap and that the company had a number of opportunities in front of it. However, I was also worried that…

Recep Tayyip Erdoğan has appointed a former US banker as the country’s central bank chief in the latest sign that Turkey’s president may be changing course on his unorthodox policies that have ignited a painful cost of living crisis and sent the lira sinking to record lows against the dollar.Hafize…

Donald Trump, who has often lied, unquestionably told the truth when he said Thursday was a “dark day” for America. The ex-president’s social media post correctly described the magnitude of his indictment over the alleged mishandling of classified documents – though completely ignored any personal culpability in the case. But…

Shares of Meta Platforms Inc. META, +0.37% slipped 0.10% to $271.12 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the NASDAQ Composite Index COMP, +1.02% rising 0.36% to 13,276.42 and the Dow Jones Industrial Average DJIA, +0.50% rising 0.03% to 33,573.28. This…

Grab your bell-bottoms: The VW bus is back. On Friday, Volkswagen (ticker: VOW) detailed its plans to bring an all-electric version of its iconic microbus to North America in 2024. Its gas-guzzling predecessor was a cultural icon of the 1960s and 1970s, associated with road trips and peace signs. While…

But count me out of the big cream-filled (or jelly-filled) party — and not because I’m on one of my perpetual diets. Rather, it’s because I mourn the state of the American doughnut. I’m old enough to remember a time when the doughnut reigned supreme in this country. I’m talking…

Financial markets are increasingly pricing in expectation of a June interest-rate hike by the Federal Reserve, and if the central bank doesn’t want to go through with one, time is running out to push back. That’s according to Tim Duy, chief U.S. economist at SGH Macro Advisors, looking at recent…