Articles

: Cathie Wood’s ARK funds dump $26 million more in Coinbase stock, shed $13 million more of Tesla shares

Funds associated with Cathie Wood's ARK Investment continued to cull shares of Coinbase and Tesla Monday, according to recent trade disclosures.

Dow Jones Newswires: RBA has left door ajar to raise rates further, depending on data

The RBA left the official cash rate on hold at 4.10% at the policy meeting, but kept open the possibility for further hikes, with the release of second-quarter inflation data at the end of this month critical to the decision.

MarketWatch First Take: San Francisco transit agency sees more concerning incidents with driverless cars, calls for companies to share more data

Incidents involving driverless cars in San Francisco are on the rise and are averaging about 90 reports a month, the head of San Francisco's Municipal Transit Authority told MarketWatch in a recent interview.

Market Extra: As the Dow hits 2023 high, one of the oldest stock-market forecasting tools is making a comeback

One of the oldest methods used to anticipate where the U.S. stock market might be heading is making a comeback in 2023 as the Dow Jones Industrial Average touches its highest level of the year.

: Women’s World Cup: Australian team targets FIFA over prize money inequity

$110 million of basic prize money will be awarded at the Women’s World Cup, significantly less than the $440 million award at the Qatar World Cup last year.

Earnings Outlook: IBM has been talking up AI, but here’s what investors should really focus on in earnings

IBM may be hitching to the AI bandwagon with WatsonX but analysts are more interested in Big Blue's growth at Red Hat.

The Tell: Why U.S. stock-market investors shouldn’t expect positive economic data to push S&P 500 materially higher

The U.S. stock market is rallying on hopes of a “Goldilocks” economic environment, where inflation glides down to the Fed’s 2% target, without damaging the economy too much.

The Ratings Game: Verizon’s lead ‘overhang’ may limit dividend increases, analyst says in downgrade

Verizon's stock has been under pressure in the wake of recent reporting on lead cables, and one analyst worries the stock could stay in the penalty box.

TaxWatch: Did you inherit an IRA? IRS offers some breathing room on how much you can withdraw this year.

IRS waives the penalty if heirs do not to take a 2023 required minimum distribution for an IRA inherited in 2020, or later.

In One Chart: Commercial real estate prices are still expected to crater, Morgan Stanley warns

Low transaction volumes and few distressed sales are keeping U.S. commercial property prices elevated for now, Morgan Stanley analysts say.

: ‘We’re missing the point when it comes to the crisis of student debt. Where is the call for wise student borrowing?’

‘Isn’t anyone making the connection between this national problem and the financial illiteracy crisis?’ writes Tim Ranzetta.

Market Extra: China-focused ETFs fall after country’s growth disappoints, deepening 2023 losses

Exchange-traded funds that target Chinese stocks were falling Monday, after China reported disappointing growth for the second quarter, bringing the ETFs deeper into the red so far this year.
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