 | | | | Lower prices for growth stocks as a result of the inflation-driven selloff that began in February should mean that Ark Investment's portfolios should see a "more than tripling" over the next five years, star fund manager and firm founder Cathie Wood said in a webinar on Tuesday. | | | | | | Wall Street stocks struggled to eke out closing gains on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders fueled the ongoing meme stocks rally. | | | | | | The Treasury Department has asked law enforcement authorities to investigate the disclosure of tax records cited in a media report that showed that some of America's richest people paid little to no income taxes, U.S. officials said on Tuesday. | | | | | | Chipotle Mexican Grill Inc (CMG.N) said on Tuesday it has increased prices for products across its menu by about 4% owing to rising labor costs. | | | | | | Wall Street stocks struggled for closing gains on Tuesday as a lack of clear market catalysts kept institutional investors in a holding pattern, while retail traders kept the rally of so-called meme stocks alive. | | | | | | The United States will target China with a new "strike force" to combat unfair trade practices, the Biden administration said on Tuesday, as it rolled out findings of a review of access to critical products, from semiconductors to electric-vehicle batteries. | | | | | | The U.S. dollar edged up slightly and currency market volatility on Tuesday hit the lowest level in more than a year, as investors sat on the sidelines waiting for clearer signals on inflation levels and central bank policies around the world. | | | | | | Qatar Airways said on Tuesday the surface below the paint on some of its Airbus (AIR.PA) A350s was deteriorating faster than expected and insisted it would not take more deliveries of the carbon-composite widebody jet until the problem was resolved. | | | | | | Wall Street stocks wavered near the starting line on Tuesday as a lack of clear market catalysts kept institutional investors on the sidelines, while retail traders kept the rally of so-called meme stocks alive. | | | | | | Volkswagen (VOWG_p.DE) is considering offering autonomous driving on a pay-per-use basis, one of the brand's board members said in a newspaper interview. | | | | | |
