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Cathie Wood loves the set-up for her stocks after sell-off, expects big returns from her strategies

Cathie Wood, founder of Ark Invest, said Friday that the pullback in technology stocks is not a cause for concern, and that her long-term bets will continue to move higher."I love this set up," she said Friday on CNBC's "Closing Bell." "The worst thing that could have happened to

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Green Dot joins corporate exodus from California as fintech firm moves to Austin

Packages containing a Green Dot Corp. prepaid Mastercard Inc. debit card and Visa Inc. debit card, left, are arranged for a photograph in Washington, D.C., U.S., on Thursday, Feb. 15, 2018.Andrew Harrer | Bloomberg | Getty ImagesAnother corporation is leaving California.Green Dot, a fintech firm and biggest U.S. provider

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Goldman Sachs internal memo unveils new cryptocurrency trading team

A trader works at the Goldman Sachs stall on the floor of the New York Stock Exchange.Brendan McDermid | ReutersGoldman Sachs has formally kicked off the cryptocurrency trading era on Wall Street.The bank informed its markets personnel on Thursday that a newly created cryptocurrency trading desk had successfully traded

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Stock futures open slightly higher ahead of key April jobs report

Shannon Stapleton | ReutersStock futures opened slightly higher Thursday as investors awaited Friday's highly anticipated jobs report to assess the pace of the labor-market recovery.Dow futures were little changed, while contracts tied to the S&P 500 ticked just above the flatline. Nasdaq 100 futures rose 0.1%.The Labor Department is

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Stocks making the biggest moves after the bell: Peloton, Beyond Meat, Expedia & more

Check out the companies making headlines after the bell on Thursday:Peloton — Shares of Peloton dropped more than 6% after the closing bell, when the fitness company reported fiscal third-quarter sales growth of 141%. Its per-share loss for the quarter was also smaller than expected at 3 cents versus

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Carl Icahn has exited his Herbalife position, according to sources

Carl Icahn, Chairman, Icahn Enterprises and Bill Ackman, Managing Partner, Pershing Square Capital Management at the 2014 CNBC Institutional Investor Delivering Alpha Conference in New York.Heidi Gutman | CNBCCarl Icahn has sold the last of his Herbalife stake, sources familiar with the matter told CNBC's Scott Wapner, closing a

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Stock futures are flat after the Dow closed at a record

U.S. stock index futures were little changed during overnight trading on Wednesday, after the Dow closed at a record.Futures contracts tied to the Dow Jones Industrial Average were 21 points lower. S&P 500 futures and Nasdaq 100 futures each declined 0.1%.During the session, the Dow gained 97 points to

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Stocks making the biggest moves after the bell: Etsy, Zynga, Sunrun & more

Check out the companies making headlines after the bell on Wednesday:Etsy — Shares of Etsy slid 7% despite the company its results beating top and bottom-line estimates for the first quarter. The e-commerce company earned $1 per share, compared to the 88-cent per share profit analysts surveyed by Refinitiv

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Equinox Group is in talks to go public via Chamath Palihapitiya-backed SPAC, sources say

A person wears a protective face mask outside Equinox Sports Club and gym on the Upper West Side as the city continues Phase 4 of re-opening following restrictions imposed to slow the spread of coronavirus on August 16, 2020 in New York City.Noam Galai | Getty ImagesEquinox is in

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Bitcoin is coming to hundreds of U.S. banks this year, says crypto custody firm NYDIG

Bitcoin virtual crypto currency price is displayed on a phone screen in this photo.STR | NurPhoto | Getty ImagesBitcoin may be taking another step towards mainstream adoption, CNBC has learned.For the first time, customers of some U.S. banks will soon be able to buy, hold and sell bitcoin through

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