Famed investor Cathie Wood has staffed her firm with analysts in their 20s and 30s as she looks to predict the future. 2 analysts break down what it's like to work at Ark Invest.

All eyes have been on Cathie Wood’s Ark Invest this week amid volatility in tech stocks. Wood’s main fund, which fell as much as 11.8% during the multi-day sell-off, also suffered investor withdrawals totaling $465 million. In recent interviews, two Ark analysts share how Wood has built the firm to weather pullbacks. Visit the Business section of Insider for more […]

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Stocks making the biggest moves after the bell: GameStop, Nvidia, ViacomCBS & more

Check out the companies making headlines after the bell on Wednesday: GameStop – Shares of the gaming retailer surged 61%, building on their massive surge during the regular trading session as traders weighed a C-suite shuffle at the company. Pure Storage – Pure Storage shares gained 4.9% after the data-storage company's revenue beat analyst expectations. Pure Storage's revenue for the […]

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Here's where your 'free' online returns actually end up

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)Retailers have been battered by the pandemic, which triggered a plunge in foot traffic and caused demand for products like work clothing to all but evaporate. But stock in Macy’s (M) is now trading close […]

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Sensex reaches 1,030 points, Nifty tops 14,950

Axis Bank was the top gainer in the Sensex pack, surging around 5%, followed by HDFC twins, ICICI Bank, Bajaj Finance and SBI. Equity benchmark Sensex soared 1,030.28 points and the Nifty rallied over 270 points on Wednesday, tracking strong buying in financial stocks, after trading hours were extended following a technical glitch at NSE. After resumption of trade at […]

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Why rapper Killer Mike is starting a Black bank

New York (CNN Business)JPMorgan Chase and Google launched a program Tuesday to help banks owned and led by people of color increase their lending capabilities. The new initiative is dubbed “Empowering Change.” It’s designed to help banks that are majority-owned or directed by people of color provide JPMorgan-backed money market funds to large companies. Most minority depository institutions wouldn’t have […]

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Tesla invests $1.5 billion in bitcoin

A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. London (CNN Business)With the value of bitcoin in the market topping $1 trillion, longtime backers may be wiping tears from their eyes. The cryptocurrency is growing up. What’s happening: Bitcoin’s dizzying ascent has reached new heights. The […]

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