To The Moon

Ark Invest, led by Cathie Wood, bought 108,238 shares of Figma Inc. (NYSE: FIG) as its stock dropped 20%. Other key trades include selling Roku and buying Intellia Therapeutics.

What a difference a month makes. April started out ugly for stocks and, well, took a pretty incredible turn. We might be saying the same -- for better or worse -- at the end of May, too.The market took a nosedive only a few days into April after the harsh reality of the Trump tariffs took hold. Then, big-time backtracking by the administration -- a tariff pause and promises of trade talks -- gave Wall Street what it needed to pull itself together.Stocks came roaring back, finishing April and sta

Singapore stocks rose this week, with the STI up 0.8%. Singapore’s economy grew at a solid clip last quarter, providing momentum for full-year growth to surpass expectations.In terms of star stocks, $

- Tesla plans to lay off 693 employees at its facilities in Sparks, Nevada, a government notice showed, as part of its plan to cut more than 10% of its global workforce amid dropping sales and rising competition.The notice was submitted to the Nevada Department of Employment, Training, and Rehabilitation earlier this week.A U.S. labor law requires companies with 100 or more employees to notify authorities 60 days ahead of planned closings or mass layoffs.Tesla said earlier this month it will la