Cathie Wood's Ark Invest Offloads $7M in Robinhood Shares Amid Market Shifts
Prominent investment firm Ark Invest, led by Cathie Wood, has sold nearly $7 million worth of Robinhood stock through its Innovation ETF. The sale comes as Robinhood faces regulatory challenges and expands into new trading markets, including Bitcoin and commodities futures.
U.S. Treasury Faces $3 Trillion Debt Refinancing Challenge in 2025
The bond market enters 2025 grappling with unprecedented $3 trillion U.S. debt maturity while still reeling from 2024's difficulties. Treasury Department must navigate complex refinancing of short-term bills amid market pressures and evolving Federal Reserve policy.
Fed Signals More Cautious Approach with Two Rate Cuts Projected for 2025
The Federal Reserve revises its interest rate outlook, reducing projected cuts from four to two for 2025 amid persistent inflation concerns. Chair Powell acknowledges progress in inflation reduction but notes recent stagnation, leading to a more conservative approach that surprised markets.
GameStop Stock Surges After Roaring Kitty's Social Media Return
GameStop shares jumped up to 14% following Keith 'Roaring Kitty' Gill's cryptic post on X, triggering massive options trading activity. The influential retail trading figure's unexpected return has energized meme stock investors, with short interest remaining high at 20%.
MicroStrategy's NASDAQ-100 Inclusion Sparks Rally Amid $1.5B Bitcoin Purchase
MicroStrategy's upcoming addition to the NASDAQ-100 index drives stock surge while the company makes a bold $1.5B bitcoin acquisition. The business intelligence firm's remarkable 547% year-to-date performance and growing crypto holdings cement its position as corporate America's leading bitcoin investor.