Thursday, 30 June 2022

(Post 236/Yr 6) ARK Investment Management Daily Trades 6/30/2022

ARK made no notable purchases or sales for 6/30/2022.

(Post 235/Yr 6) Market Summary for 6/29/2022

 Market summary for today

S&P 500 (SPY) -0.08%NASDAQ (QQQ) +0.13%Dow (DIA) +0.23%Russell 2K (IWM) -1.01%

Top news for today

Ryan Cohen Throws Shade Following Mark Tritton's Bed Bath & Beyond Dismissal: 'I'm Sick Of Seeing Failed Executives'
Mark Tritton is no longer CEO of Bed Bath & Beyond Inc (NASDAQ: BBBY) — and Ryan Cohen might be one reason why. (3:01pm ET)
Benzinga Before The Bell: Tesla's Autopilot Layoff, TikTok Removal From App Stores, US Sanction On Russian Gold And Other Top Financial Stories Wednesday, June 29
CNBC (8:12am ET)
Bed Bath & Beyond Q1 Adj. EPS $(2.83) Misses $(1.39) Estimate, Sales $1.46B Miss $1.54B Estimate
Bed Bath & Beyond (NASDAQ:BBBY) reported quarterly losses of $(2.83) per share which missed the analyst consensus estimate of $(1.39) by 103.6 percent. This is a 5760 percent decrease over earnings of $0.05 per share (7:32am ET)
White House Outlines New Monkeypox Vaccine Strategy: What You Need To Know
(7:11am ET)
Vladimir Putin's 'Hardline Mouthpiece' Mocks Boris Johnson: 'Not Macho Enough, Scared To Declare War On Russia'
A top Russian news presenter, who has been dubbed "Putin's Voice," mocked Boris Johnson for having 'no hint of macho' as he taunted the UK Prime Minister to declare war on Russia. (6:48am ET)
My Reddit updates for today
Companies currently trending on Reddit. More on Docoh.
TickerCompany14 Day Trend ➡️
GDPGoodrich Petroleum Corp
BBBYBed, Bath & Beyond Inc.
MUMicron Technology Inc.
UPSTUpstart Holdings Inc
CCLCarnival plc
CPSCooper-Standard Holdings Inc

Market Summary for 6/29/2022 

The index's downward trend continues, with a -0.8 percent drop. Today's noteworthy news includes the completion of a 10-1 stock split of Shopify stock. Another notable piece of news is Mark Tretton's(Bed Bath & Beyond) dismissal as a result of poor sales..Bed Bath & Beyond also reported its 2022 Q1 earning yesterday ,and that earnings per share and sales both fell short of analyst expectations. Bed bath &beyond inc stock was down nearly -23.58 percent as of market close. Another noteworthy news is the Federal Communications Commission's Brendan Carr's request to remove the TikTok app from Google Play and Apple Store

Wednesday, 29 June 2022

(Post 234/Yr 6) ARK Investment Management Daily Trades 6/29/2022

Ark purchased SQ and Shopify in yesterday trades. As of market close, Shopify stock had dropped about 5% after completing its 10-for-1 stock split. It is worth noting that both Square and Shopify are approaching their one-year lows. Please refer to this link for the most recent holdings of ARKF.

(Post 233/Yr 6) Market Summary for 6/28/2022

Market summary for today

S&P 500 (SPY) -2.04%NASDAQ (QQQ) -3.05%Dow (DIA) -1.60%Russell 2K (IWM) -1.88%

Top news for today

Robinhood Merger With FTX Could Be 'Win-Win': Why This Analyst Is Bullish On M&A Rumors
Rumors of Robinhood Markets Inc (NASDAQ: HOOD) being acquired by FTX sent shares soaring Monday. (4:16pm ET)
EXCLUSIVE: Former Bridgewater Associate Andy Constan Talks Recession Odds, Capturing A Macro Edge
Gripping traders are uncertainties with respect to the path of the economy and markets. In the news are pundits expressing their perspectives about recession odds and the like. Notwithstanding, all too often, many of these same individuals do not have capital at risk. It’s easy for one to make a call. It’s hard to stand by it. (1:17pm ET)
China Loosens COVID Rules, Sending Travel, Leisure Stocks Higher: What Investors Need To Know
Chinese travel and entertainment stocks are on the rise on Tuesday on reports of loosening COVID-19 restrictions in China. (1:02pm ET)
Amid Crypto Gloom, Data Provider Kaiko Raises $53 Million
Amid bearish market sentiments, crypto data provider Kaiko announced on Tuesday it has raised $53 million in a Series B funding round to further consolidate its position globally and strengthen its institutional data products and infrastructure. (12:43pm ET)
This Day In Market History: The First Internet Software IPO
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened?: On this day in 1995, Spyglass, Inc. became the first-ever publicly traded internet software company. (11:40am ET)
USA Conference Board Consumer Confidence for Jun 98.700 vs 100.400 Est; Prior 106.400
USA Conference Board Consumer Confidence for Jun 98.700 vs 100.400 consensus estimate. The prior reading was 106.400. (10:03am ET)
Benzinga Before The Bell: Roe vs Wade Ruling Effect, Airbnb's Ban on Parties, JetBlue's Modified Proposal And Other Top Financial Stories Tuesday, June 28
CNBC (8:26am ET)
My Reddit updates for today
Companies currently trending on Reddit. More on Docoh.
TickerCompany14 Day Trend ➡️
SCIService Corp. International
EMBCEmbecta Corp.
APRNBlue Apron Holdings Inc
QCOMQualcomm, Inc.
AAWWAtlas Air Worldwide Holdings Inc.

Market Summary for 6/28/2022 

The index's downward trend continues, with a nearly 2% drop. Notable news today includes rumors that FTX, a Bahamian cryptocurrency exchange, may be looking to buy out Robinhood, which is up 14% at market close and down 5% after market close as seen here. However, some reports claim that this rumour is unfounded, as evidenced by this news report from Channel News Asia.