10 things before the opening bell

  • Date: 18-Jan-2022
  • Source: Business Insider
  • Sector:Financial Markets
  • Country:Gulf
  • Who else needs to know?

10 things before the opening bell

Welcome to 10 Things Before the Opening Bell. If this was forwarded to you, Plus, download Insider's app for news on the go – and . Let's get into it. It's been a year since the GameStop fiasco that kicked off the year of meme stocks, and Hedge fund Melvin Capital still hasn't recovered from the ordeal — after trying to short Gamestop. Everyday investors used to be alone in organizing across . But some trading desks have begun to track Twitter and Reddit sentiment in an effort to stay abreast of trends, with some pros even copying the moves of amateurs. — she said meme stocks aren't Ark Invest's thing, Wood's focus lies elsewhere. She advocates for democratizing investment in innovation and restoring confidence in markets. By keeping its strategy transparent, Wood explained, Meanwhile, despite all of Ark's bullishness on new-age tech companies, . The firm warned investors against buying the dip in disruptive innovation stocks: "The narrative has changed to old-school cyclicals." Dow futures plunged in European trade earlier, as rising bond yields and oil at seven-year highs fan fears of inflation. Wall Street pros expect it to be tougher to make money in this year's market. From