markets

Asia Markets: Stocks, economic growth, earnings

Asia Markets: Stocks, economic growth, earnings SINGAPORE — Shares in the Asia-Pacific region traded higher early on Monday as global concerns continue to plague markets. In Japan markets, the Nikkei 225 rose 0.94%, while the Topix climbed 0.85%. Australia’s S&P/ASX 200 advanced 0.32%. The Kospi in South Korea was 0.44% higher, while the Kosdaq was …

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Elon Musk’s SpaceX looks to raise $1.7 billion in new funding

Elon Musk’s SpaceX looks to raise $1.7 billion in new funding A Falcon 9 rocket launches a batch of Starlink satellites to orbit on April 29, 2022. SpaceX SpaceX is raising a massive round of fresh funding, CNBC has learned, sending the private company’s valuation to about $127 billion. The space venture is looking to …

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Stock futures rise after Dow falls for 8th-straight week in relentless sell-off

Stock futures rise after Dow falls for 8th-straight week in relentless sell-off Traders on the NYSE, May 20, 2022. Source: NYSE Stock futures rose in overnight trading Sunday after the Dow Jones Industrial Average fell for its 8th straight week amid a broader market sell-off. Futures on the Dow industrial average gained 130 points, or …

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Why the fund shorting Cathie Wood’s ARKK is now ultra-long the ETF

Why the fund shorting Cathie Wood’s ARKK is now ultra-long the ETF The ETF shorting Cathie Wood’s ARK Innovation Fund (ARKK) has been a big winner in 2022. The Tuttle Capital Short Innovation ETF (SARK) has soared more than 75% year-to-date while the ARKK ETF has fallen more than 55% in the same time period. …

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How Musk’s Twitter takeover plans shook Wall Street and social media

How Musk’s Twitter takeover plans shook Wall Street and social media Elon Musk wears many hats as Tesla CEO, SpaceX CEO, and founder of the Boring Company and Neuralink. He’s also a prolific Twitter user. The news that Musk made a $44 billion offer to buy Twitter and potentially become the social media company’s CEO …

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Don’t let fear drive your decisions, even in a bear market. What investors should do next

Don’t let fear drive your decisions, even in a bear market. What investors should do next As terrifying as it may be to watch your portfolios dip, investors should resist the urge to drop everything and go scurrying into cash. The S&P 500 has tumbled 18% this year and briefly fell into a bear market …

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Stocks head for another potentially treacherous week, as a slew of retailers report earnings

Stocks head for another potentially treacherous week, as a slew of retailers report earnings If there’s more bad news from retailers in the coming week, that could be a negative catalyst for an already cranky stock market. Market pros are watching for more signs that stocks could be bottoming, though strategists say that is a …

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Jim Cramer says he likes these three smaller plays in battered retail sector

Jim Cramer says he likes these three smaller plays in battered retail sector CNBC’s Jim Cramer said Friday that while the retail sector has had a rough week, there are still several winners that stand out against the deluge of stocks that tanked. “The big four aren’t the only retailers that reported this week, and …

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