Stock futures were little changed early Wednesday, following another wild session for the market.
New restrictions on Chinese IPOs overseas may mean lower returns or inability to easily exit investments, prompting investors to hold off on Chinese start-ups.
Azure cloud growth slowed below the 50% mark again even as Microsoft’s customers enter longer-term contracts. Windows license revenue jumped 25%.
Wood’s flagship fund, ARK Innovation, is down more than 55% from its $156.58 per share high notched in February of 2021.
Stock futures rose slightly Tuesday night, following another wild session for the market.
Azure cloud growth slowed below the 50% mark again even as Microsoft’s customers enter longer-term contracts. At least Windows license revenue jumped 25%.
Apple and Tesla announce quarterly results this week as investors hold colliding viewpoints on how to value tech stocks. Microsoft shares fall after hours.
U.S. stocks fell Tuesday as market volatility continued after the major indexes on Monday notched one of the biggest comebacks in history.
Even with the market’s violent correction, a hawkish Federal Reserve is expected to signal it plans to raise interest rates and consider other tightening.
Even as the housing market entered its traditionally slower season in November, home prices showed big gains from a year ago.