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Cathie Wood is having a rough year as the co-founder, CEO and investment manager of Ark Invest. Her largest exchange-traded fund is trading 15% lower this year, a rough contrast to a winning year for many growth investors. She’s not giving up hope. She’s been buying stocks all summer.Wood added to three existing positions on Thursday, buying more shares in Tempus AI (NASDAQ: TEM), Blade Air Mobility (NASDAQ: BLDE), and Absci (NASDAQ: ABSI) on Thursday. Let’s take a closer look at her latest purchases.1. Tempus AIIt’s been two months since Tempus AI went public at $37. Wood was a buyer…

The Gulf states have faced an unprecedented wave of missile and drone attacks, as Iran retaliates for US and Israeli strikes which killed Supreme Leader Ayatollah Ali Khamenei. Joumanna Bercetche explains. (Source: Bloomberg)

Key PointsWorkday saw solid revenue growth but issued conservative guidance. The company is leaning into artificial intelligence (AI) solutions.The stock is cheap following the SaaS sell-off. 10 stocks we like better than Workday ›The past year has not been kind to Workday’s (NASDAQ: WDAY) share price. The financial and human capital management software company has been one of the poster children for potential artificial intelligence (AI) disruption, and its stock got dragged down in the software-as-a-service (SaaS) sell-off.When the company reported its Q4 results and issued conservative guidance, the stock could have easily cratered further. However, it held up, which…

Lean hog futures closed out February with contracts steady to 40 cents lower, as April held onto a $2.05 gain this week. USDA’s national base hog price was reported at $90.38 on Friday afternoon, down 62 cents from the day prior. The CME Lean Hog Index was 41 cents higher on Feb 25 at $89.12.CFTC data showed a total of 522 contracts added to the managed money net long position in lean hog futures and options at 116,983 contracts. Don’t Miss a Day: From crude oil to coffee, sign up free for Barchart’s best-in-class commodity analysis.   USDA’s pork carcass cutout…

Gold pricing shifts onto blockchain networks once US futures markets close for the weekend, according to Iggy Ioppe, former chief investment officer at Credit Suisse and now chief investment officer (CIO) at liquidity infrastructure firm Theo.CME gold futures stop trading at 5:00 pm ET on Friday and reopen at 6:00 pm ET on Sunday. During that interval, regulated futures markets are inactive and most remaining activity occurs through private over-the-counter deals in Asia that are not publicly reported. As a result, tokenized gold assets such as PAX Gold (PAXG) and Tether Gold (XAUt) become the only continuously available trading venues.“In…

Reports indicate Iran’s military is not allowing passage through the crucial waterway connecting the Persian Gulf and the Gulf of Oman. But there appears not to have been a formal closure announcement.

As Donald Trump has over the past year started a trade war, attacked US institutions including the Federal Reserve and threatened allies over Greenland, global growth has proved resilient.Inflation has continued to subside and equity markets in Europe and elsewhere have marked fresh highs despite the shocks.Now, as the US and Israel’s assault on Iran spills into a wider regional conflict, oil markets are the key channel to determine whether that relatively benign trajectory will continue, given the potential for the conflagration to disrupt supplies.The question is whether the US and its partners can avert a sustained shutdown of energy…

DP World suspended operations at the Jebel Ali port in Dubai, while MSC Mediterranean Shipping Company said it was halting all bookings for worldwide cargo to the Middle East region until further notice.

The price of oil is expected to soar on Monday while stock markets could tumble as the US-Israel war on Iran rattles investors.US crude oil is on track to rise by 9% when trading resumes, according to data from the broker IG, after Tehran said on Saturday it had in effect closed the strait of Hormuz, a key oil choke point, reportedly prompting the halt of some oil shipments.IG’s weekend markets showed that US crude oil could rise to more than $73 a barrel when trading resumes in New York late on Sunday, up from $67 a barrel on Friday…

SpaceX has held bitcoin for years without ever having to explain why to the public market investors. That’s about to change.Bloomberg reported late Friday that Elon Musk’s rocket and satellite company is targeting a confidential IPO filing with the SEC as soon as March, keeping it on track for a June listing that would be the largest in history. The company is expected to seek a valuation above $1.75 trillion and raise as much as $50 billion, eclipsing Saudi Aramco’s 2019 record of $29 billion.Buried inside that filing will be 8,285 bitcoin.Arkham Intelligence data shows SpaceX’s identified wallets held about…