Cathie Wood’s Ark Invest Held $1.16 Billion of Tesla Stock as of the End of the Second Quarter, Even as It Trails Every Other “Magnificent Seven” Stock in 2026. Is Her Conviction Still Justified?

    Key Points Ark Investment Management’s 13F filing for the second quarter showed that as of June 30, the investment firm held 2.76 million Tesla (NASDAQ: TSLA) shares worth approximately $1.16 billion. And though it reduced its position in the electric vehicle (EV) company slightly during Q2, Ark reportedly went right back to buying as Tesla…

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      LinkedIn Says Its AI Slop Button Is Working

      The platform will now alert users when their posts have been reported using the tool. LinkedIn LinkedIn recently began testing a dedicated reporting tool for AI slop. After only a few weeks, the company says it’s already improving the quality of the posts people see in their feeds. The “seems like AI slop”…

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        President Donald Trump Just Threw the Fed Under the Bus Over Interest Rates (Again!), but He’s Missing the Bigger Picture

        Thanks to the artificial intelligence (AI) revolution, the Dow Jones Industrial Average (DJINDICES: ^DJI), S&P 500 (SNPINDEX: ^GSPC), and Nasdaq Composite (NASDAQINDEX: ^IXIC) have made a habit of catapulting to new highs amid a wall of worry. But renewed tensions between President Donald Trump and the Federal Reserve may limit the stock market’s upside. President…

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        Visitors walk past booths at an exhibition hall during the 2026 World Robot Conference, in Beijing, China August 21, 2026. REUTERS/Tingshu Wang (REUTERS)

          However you measure it, China’s job market is weak

          STEERING AN economy has never been easy. In a candid presentation in 1975 Charles Goodhart, then of the Bank of England, shared some of Britain’s “unhappy” experiences after sterling lost its link to the dollar four years before. Instead of defending an exchange rate, the bank had hoped to use interest rates to control the…

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            10 New Signings Expected to Make Big Premier League Impact

            The 2026–27 Premier League season is here, with optimism rife and excitement prevalent. There’s always a sense of novelty surrounding a new campaign, and much of the freshness this year has been supplied by the managerial merry-go-round. A record nine Premier League clubs will start the season with different managers at the helm compared to…

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