Cathie Wood's Ark Invest snapped up $35 million of Shopify stock as the e-commerce company suffered one of its worst-ever trading days

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Cathie Wood Ark
Cathie Wood's Ark Innovation ETF has slumped in 2022.

David Swanson/Reuters

Want to beat the market? Go invest in a secondhand Rolex.

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Rolex store in Beverly Hills
Second-hand Rolex prices fell just 5% last year, according to Morgan Stanley.

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US stocks slip as investors digest hawkish Fed comments on future rate hikes

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US stock market traders
Friday's inflation print shocked investors.

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Microsoft is 'leading the pack' in artificial intelligence with ChatGPT and shares could jump 15%, Wedbush's Dan Ives says

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Satya Nadella, CEO of Microsoft.
Satya Nadella, CEO of Microsoft.

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Stock market investors need to start worrying about Americans running out of savings, SoFi strategist says

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credit cards
Credit card debt rose by $61 billion last quarter while the US savings rate fell to just 3.4%.

Joe Raedle/Getty Images

Optimism about stocks is still too high as the US economy is showing 'the overheat before the retreat', JPMorgan strategist says

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jp morgan
JP Morgan building.

REUTERS/Eduardo Munoz

A little-known hedge-fund manager's huge bet on inflation earned him $859 million and propelled him into the top 10 list

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hedge fund trader

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The good news is markets look resilient — but the bad news is just about everything else

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TGIF. Phil Rosen here, reporting from New York City. 

I'm happy to see that, finally, the rest of the world seems to be catching on to the magic that is Magic: The Gathering. 

Haven't heard of it? Well the once-niche card game just became a $1 billion brand.

US stocks drop on stubbornly high inflation and Fed officials' comments on more rate hike to come

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Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., November 8, 2016. REUTERS/Brendan McDermid
Traders work on the floor of the NYSE

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How to buy Amazon stock in 2023 (AMZN)

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