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Cathie Wood-led Ark Investment Management on Tuesday snapped up 858,129 shares, estimated to be wort

The S&P 500 notched another record high on Tuesday amid bullish economic data but retreated toward the flat line later in the session as Wall Street continued its recent period of low volatility.The broad market index ticked up less than 0.1% to 4,291.80, good enough for its fourth-straight record close. The Dow Jones Industrial Average finished with a gain of about 9 points after being up more than 100 points earlier in the session, closing at 34,292.29. The tech-heavy Nasdaq Composite added ab

The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go

** Hong Kong shares of Chinese e-commerce firm JD.com Inc fall 3.8% to HK$275.60, marking their bigg

Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob

12 IPOs are scheduled to raise $5.6 billion in the week ahead led by two billion-dollar deals.Chinese freight platform Full Truck Alliance plans to raise $1.5 billion at a $19.7 billion market cap. The company’s platform connects shippers with truckers to facilitate shipments across distance ranges, cargo weights, and types. Full Truck states that it is the world's largest digital freight platform by gross transaction value , facilitating 22+ million fulfilled orders with GTV of nearly $8 billio

Software giant Adobe is benefiting as the economy reopens following the Covid-19 pandemic, a senior executive says.

Roblox Corp. shares fall 8% in extended trading after the video-game company said May bookings decli

Seven IPOs are slated to raise $1.6 billion in the week ahead, led by private mortgage insurance companyEnact Holdings.The largest deal of the week,Enact Holdings plans to raise $497 million at a $3.6 billion market cap. Being spun out of Genworth Financial, Enact is a leading private mortgage insurance company in the US, with a 17% share of the market in 2020. The company saw a 60% increase in new insurance written during the year, though COVID-19 has caused higher delinquencies and losses.Cros

Some older tech companies are offering bargains while newer ones look overpriced. Everyone loves the disrupters Cathie Wood buys for her ARK Innovation ETF . But there are older tech stocks out there that still represent innovation.The fact is that once you’re a tech company, you’re a tech company. Tech stocks with generations of history may be getting left for dead by go-go investors. But there may still be profits in them.I started with the one of oldest tech companies and closed with some new