Cathie Wood's ARKK Dumped Nvidia Stock Before $560B Surge
By Emily GraffeoNvidia "has been very good to her. She was into the stock before it was cool," said ETF analyst Eric Balchunas of Bloomberg Intelligence.
May 25, 2023
JPMorgan Jettisons 1,000 First Republic EmployeesThe biggest U.S. bank on Thursday offered full-time or transitional roles to almost 85% of the nearly 7,000 employees
May 25, 2023
Ex-Edward Jones Rep Sentenced to 2 Years in Prison for Scamming ClientsThe former broker took nearly $800,000 from clients, prosecutors said.
May 25, 2023
MetLife, Prudential Close $29.2B in Life and Annuity Reinsurance DealsThe issuers say they'll continue to service the products involved and that the deals won't significantly affect customers.
May 25, 2023
AHIP CEO Matt Eyles to Step DownEyles steered AHIP through COVID-19 and the transition from Trump to Biden.
May 25, 2023
Ex-Morgan Stanley Advisor Gets 7 Years for Fleecing ClientsShawn Edward Good took in $7.2 million from at least 13 victims thorough his decade-long Ponzi scheme.
May 25, 2023
Florida Adopts Reg BI-Friendly Annuity Sales Rule UpdateAdvocates fear a showdown with the SEC if more states don't step up soon to regulate fixed annuities.
May 25, 2023
New Bipartisan Bill Could Help Tax Extension FilersClients could stay on good terms with the IRS by paying 125% of what they paid the previous year.