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Pandemic school closures upended U.S. education. Many students lost significant ground, and the federal government invested billions to help them recover. Students Are Making a ‘Surprising’ Rebound From Pandemic Closures. The students most at risk are those in poor districts, whose test scores fell further during the pandemic. The analysis did not include Asian students, who represent 5 percent of public school students.

Persons: —, ”, Sean F, Reardon, Thomas J, Kane, Erin Fahle, Douglas O, “, Karyn Lewis, Ann Owens, Charlene Williams, Raymond Hart, Mark Sullivan, Bob Miller, Alberto M, Carvalho, ’ ”, Betsi Foster, Sullivan, Pascal Mubenga, Maria Ceja, Maria Ceja’s, Rosalina Rivera, Adam Perez, Margaret, George W, Bush, “ We’re, Eric Hanushek, Marguerite Roza Organizations: Stanford, Harvard, Educational, Dartmouth, “, Opportunity, Stanford University, Center for Education Policy Research, Harvard University, University of Southern, Schools, Oregon Department of Education, N.J ., N.J . Utah Pa, Ill, U.S, of, Great City Schools, The New York Times, Birmingham, Delano Union, Hoover Institution, Georgetown University — Locations: United States, Durham, N.C, Birmingham, Ala, Delano, Calif, University of Southern California, Massachusetts, Kentucky, Tennessee, Oregon, Wis, N.J, N.J . Utah, S.D . Ind . Ohio Va . Conn, Mississippi, Tenn, Miss, Kan, R.I . Ky, Mich, . Ark . Oregon, ., Forsyth, Atlanta, Rochester, Detroit, Lake Oswego, Ore, Portland, Chicago, Nashville, Philadelphia, Los Angeles, California, Weakley County, Nevada

☆ The stock market has cooled off to start 2024, but it's still checking most of the bull market boxes
▼ + stars: | 2024-01-13 | by ( Michael Santoli | ) www.cnbc.com time to read: +8 min

The small-cap Russell 2000 has dropped close to 4% against a fractional gain in the S & P 500 year to date. In broad terms, the S & P 500 could retreat to 4600 or so – about 4% down from here – and still be in a routine technical check-back to its latest launch point in early December. Todd Sohn of Strategas notes that the Invesco S & P 500 Equal Weight ETF (RSP) saw inflows go vertical last year to $13.5 billion, 30% above its prior 12-month record. Betting on 'peacetime' Fed cuts Right or wrong, the market debate right now can never get far before turning into a Fed-policy-path discussion. Last week's CPI and PPI data added to the market's collective conviction that inflation's downside momentum is strong, opening the way for "peacetime" Fed rate cuts.

Persons: that's, Russell, Ned Davis, Tim Hayes, Tony Pasquariello, Goldman Sachs, Henry McVey, KKR's, McVey, Morgan Stanley, Todd Sohn, Strategas, they're, Jerome Powell Organizations: Ned Davis Research, Goldman, Nasdaq, Apple, CPI, PPI Locations: U.S

☆ Cathie Wood says bitcoin ETF approval makes her $1.5 million bull case more likely
▼ + stars: | 2024-01-11 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Ark Invest's Cathie Wood said the approval of bitcoin exchange-traded funds in the U.S. made her more convinced that the world's largest cryptocurrency could hit her wildly bullish target. For her bull case, the Ark Invest chief sees bitcoin hitting $1.5 million by 2030. "We think the probability of the bull case has increased with this SEC approval. The Ark Invest CEO and chief investment officer has been a longtime crypto bull. Ark Invest has partnered with 21Shares on a proposed bitcoin fund — the Ark21Shares Bitcoin ETF (ARKB).

Persons: Cathie Wood, Wood, Bitcoin, 21Shares Organizations: Ark Invest, SEC, U.S . Securities, Exchange Commission, Invest Locations: U.S

☆ Coinbase threatened by bitcoin ETFs after almost 400% surge in stock last year
▼ + stars: | 2024-01-10 | by ( Mackenzie Sigalos | ) www.cnbc.com time to read: +8 min

"We estimate Bitcoin custody and surveillance revenue will more than offset decline in Bitcoin trading volume as assets migrate to ETFs," the analysts said. "Spot bitcoin ETFs appear poised to take volume away from crypto exchanges," said Bryan Armour, director of passive strategies research for North America at Morningstar. watch nowMizuho sees the income from custody fees as fairly modest given how far investors have pushed up the stock. "They are essential infrastructure in terms of custody, trading, and surveillance for the majority of the ETF proposals," Carter said. WATCH: Former SEC Chair Jay Clayton on changes in bitcoin trading

Persons: Brian Armstrong, Michael Nagle, Coinbase, Franklin Templeton, they'll, Bernstein, bitcoin, Emilie Choi, —, Mizuho, Bryan Armour, Choi, we've, Nic Carter, Carter, Jay Clayton Organizations: Coinbase Global Inc, Bloomberg, Getty, SEC, Coinbase, BlackRock, JPMorgan, Mizuho, FactSet, Circle's U.S, CNBC, North America, Morningstar, Fidelity, Castle, Ventures Locations: New York, BlackRock, Coinbase, bitcoin

☆ Cryptocurrency investors eagerly awaiting SEC ruling on bitcoin ETFs
▼ + stars: | 2024-01-05 | by ( Bob Pisani | ) www.cnbc.com time to read: +5 min

Crypto investors are eagerly awaiting an imminent ruling from the U.S. Securities and Exchange Commission that will likely approve the trading of a spot bitcoin exchange-traded fund, more than a decade after initial attempts were rejected. 13 companies have filed for a spot bitcoin ETF:Grayscale Bitcoin TrustArk/21Shares Bitcoin TrustBitwise Bitcoin ETF TrustBlackRock Bitcoin ETF TrustVanEck Bitcoin TrustWisdomTree Bitcoin TrustValkyrie Bitcoin FundInvesco Galaxy Bitcoin ETFFidelity Wise Origin Bitcoin TrustGlobal X Bitcoin TrustHashdex Bitcoin ETFFranklin Templeton Digital Holdings TrustPando Asset Spot Bitcoin TrustHow the SEC will proceedThere are two components to the applications:1) A 19b-4 filing, which is a form used by exchanges to inform the SEC of a proposed rule change. In this case, each company filing for the spot bitcoin ETF has differences in the way the product might be structured. Invesco's Galaxy Bitcoin ETF has set its expense ratio at 59 basis points, which are waived for the initial six months and the first $5 billion in assets. Grayscale Bitcoin Trust currently charges 2% but has said it's committed to lowering the fee once its application to convert to a bitcoin ETF is approved.

Persons: Fidelity's, it's, Gary Gensler's, Gensler, Bitcoin, Coinbase, Binance, Changpeng Zhao, Zhao, Wood Organizations: U.S . Securities, Exchange Commission, BlackRock, Fidelity, Bitcoin, Franklin Templeton Digital Holdings Trust, SEC, Securities, NYSE, Nasdaq, Galaxy, U.S ., Appeals, U.S . Department of Justice, Binance

(AP) — Trevon Brazile had 19 points and 11 rebounds, Khalif Battle scored 21 off the bench and Arkansas held on to beat No. But then Arkansas went on a quick 7-0 spurt in 59 seconds just before the under-12 media timeout in the second half, prompting a Duke timeout as the Razorbacks’ lead grew to eight. It was down to three with 18 seconds to go, but Arkansas went 4 of 6 at the free-throw line down the stretch to stave off a collapse. Battle scored 15 in the second half. HOT AND NOTArkansas shot 61% from the field in the second half, including 4 of 9 from 3-point range.

Persons: Trevon Brazile, Tramon Mark, Bud, It’s, Eric Musselman, Kyle Filipowski, you’ve, ”, Jon Scheyer, “, you’re, Musselman, Mark, ” Musselman, Arkansas, Duke, Scheyer, Brazile's, Layden Blocker, Layden Blocker . Arkansas, Chandler Lawson, Bud Walton, Nolan Richardson, Scotty Thurman, ___ Organizations: Khalif, Arkansas, Razorbacks, Bud Walton Arena, Blue Devils, ACC, SEC, Devils, Duke, NCAA, NEXT Duke, Atlantic Coast Conference, Georgia Tech . Arkansas, Furman, AP Locations: FAYETTEVILLE, Ark, Bahamas, Arkansas, Layden Blocker .

☆ A Tangle of Rules to Protect America’s Water Is Falling Short
▼ + stars: | 2023-11-02 | by ( Dionne Searcey | Delger Erdenesanaa | ) www.nytimes.com time to read: +18 min

UNCHARTED WATERS A Tangle of Rules to Protect America’s Water Is Falling Short The Times asked all 50 states how they manage groundwater. California’s State Water Resources Control Board provides a list of some 85 firms that help clients who have questions about water rights there. Irrigated acres 0 10 100 200 thousand 1987 2017 MISSOURI MISSOURI ARKANSAS ARKANSAS MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA Irrigated acres 0 10 100 200 thousand 1987 2017 MISSOURI MISSOURI ARKANSAS ARKANSAS MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA Irrigated acres 0 10 100 200 thousand 1987 2017 MISSOURI MISSOURI ARKANSAS ARKANSAS MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA Irrigated acres 0 10 100 200 thousand 1987 2017 MO. “When Tennessee pumps groundwater, it is pumping water located within its own territory,” the 2021 ruling said. One practical problem The Times’s research identified is that state water authorities are often small operations relative to their sprawling responsibilities and the growing danger of aquifer damage.

Persons: don’t, Matthew Staver, ”, Christopher Neel, Chris Scheuring, Reba Epler, Mira Rojanasakul, “ We’re, Andrew Sheeley, Mike Parson, Jeff Roberson, Dave Owen, Ron Wyden, who’s, “ We’ve, Ryan Gordon, Mark Rogers, Gabriel Eckstein, Jeremy Manley, Cody Smith, Jake Parrish, Sharon Megdal, Elizabeth Cisar, “, ’, Dr, Gordon, Ariz, Rebecca Noble Organizations: Times, MISSOURI TEXAS, VERMONT, New York Times, The New York Times, Oklahoma Water Resources Board, California Farm Bureau, Nationwide, Arup, Water Resources Control, Congress, MISSOURI MISSOURI ARKANSAS, Missouri Department of Natural, Associated Press, UC Law San, Energy, Power, WASHINGTON, Maine Geological Survey, United States Geological Survey, United States Supreme, Associated, Texas, M University, Staff, State Engineer’s Office, Yakima Herald -, Water Resources Research Center, University of Arizona, Joyce Foundation, The New York Locations: America’s, . TEXAS MISSOURI VERMONT, MISSOURI, MISSOURI TEXAS VERMONT, VERMONT, TEXAS MISSOURI, MISSOURI TEXAS, Oklahoma, Kansas, . Oklahoma, California, American, Wyoming, New Mexico, Wisconsin, Great, Mississippi, Missouri , Arkansas, Louisiana, MISSOURI MISSOURI ARKANSAS ARKANSAS MISSISSIPPI MISSISSIPPI LOUISIANA LOUISIANA, . LA, LA, Missouri, Missouri Department of Natural Resources . Missouri, Ozark, States, Kentucky, Vermont, Oregon, In Texas, United States, WASHINGTON ARKANSAS, ARKANSAS WASHINGTON, Maine, Tennessee, Memphis, Muleshoe , Texas, When Tennessee, Minnesota, Blaine, ’, Laramie County, Sunnyside, Wash, Yakima, Yakima Herald - Republic, Colorado, Maryland, In Illinois, Illinois, ”, Arizona, Phoenix, In Kansas, Washington, Hope

☆ Roe v. Wade Is Gone, but Abortions Are on the Rise
▼ + stars: | 2023-10-24 | by ( Laura Kusisto | Jennifer Calfas | ) www.wsj.com time to read: +2 min

Ill. Utah W.Va. Colo. Va. Kan. R.I. R.I. Mo. Ky. Calif. Conn. Conn. N.C. N.J. N.J. Tenn. Ariz. Okla. Del. D.C. D.C. Texas La. Ky. Calif. N.C. Tenn. R.I. R.I. Ariz. Okla. Ark. Conn. Conn. N.M. S.C. N.J. N.J. Ga. Ala. Miss.

Persons: Conn ., Conn . Conn, N.M, Roe, Wade, Dobbs Organizations: Iowa Pa, ., . Ill . Utah W.Va, D.C, Jackson, Health Organization Locations: N.H . Maine, Mont, Minn, Ore . Idaho Wis, N.Y, S.D . Mich, Wyo, Iowa, Nev . Ohio, . Ill . Utah, Colo . Va, Kan, Mo, Ky, Calif, Conn, Conn . Conn, N.C, N.J . N.J, Tenn, Ariz, Del, S.C . Md, Md . Ga, Ala . Miss, Texas La, Alaska Fla, Hawaii, R.I, ., S.C . N.J . N.J ., Del . Texas Md, Md, La, Tenn . N.J, Del ., D.C, Conn . N.J, Del . Md

☆ As Abortion Access Shrinks, Hospitals Fill in the Gaps
▼ + stars: | 2023-10-23 | by ( Allison Mccann | ) www.nytimes.com time to read: +16 min

As Abortion Access Shrinks, Hospitals Fill in the Gaps For this article, Allison McCann and Jamie Kelter Davis spent time with a patient from Indiana as she underwent an abortion at a Chicago hospital. Alaska Fla. Hawaii 16% 18% 20%+ Total or six-week abortion ban Wash. Maine Mont. Dr. Jonah Fleisher is a co-director of the Complex Abortion Regional Line for Access, or CARLA, which helps abortion patients find appointments at four Chicago-area hospitals. Chronic Conditions and Abortion Bans These health conditions, especially when left untreated, can add risks for abortion patients. Alaska Fla. Hawaii Diabetes among women High blood pressure among women Cardiovascular disease among women 9% 11% 13%+ 28% 30% 32%+ 5% 6% 7%+ Total or 6-week abortion ban Total or 6-week abortion ban Total or 6-week abortion ban Wash. Wash. Wash. Maine Mont.

Persons: Allison McCann, Jamie Kelter Davis, ”, “, Roe, Wade, Conn ., Dobbs, Jenni Villavicencio, Jonah Fleisher, CARLA, Laura Laursen, Laursen, Dr, Conn . Conn ., Kan ., Nev, PolicyMap, “ It’s, Allison Cowett, Erica Hinz, couldn’t, Caroline Nyheim, Qudsiyyah Shariyf, Megan Jeyifo, J.B . Pritzker, CARLA —, — you’re, Mr, Pritzker Organizations: ” RUSH University Medical Center, Health, Ore, Conn . Pa . Iowa Neb, N.J . Ohio Nev, Ill . Utah Md, ., . Ill . Utah Md, OB, Society for Family Planning, Midwest, RUSH University Medical Center, Diabetes, Conn . Pa . Iowa Neb . Ohio Nev, N.J ., N.M, Hawaii Diabetes, N.D ., Vt, Wis ., Pa . Conn . Iowa Neb, Pa . Iowa Iowa Nev, Nev . N.J ., Ariz . D.C, Black, S.C . Iowa Miss, Nev . D.C, White, Family Planning, Chicago Abortion Fund, South, Nurses, Chicago Abortion, Illinois, Gov Locations: Indiana, Chicago, Indianapolis, . Maine, N.D, Vt, Minn, N.H . Wis, Idaho, S.D, Mich, Conn, Conn . Pa . Iowa, N.J . Ohio, Ind, Ill . Utah, W.Va, Colo . Va, Kan, Calif, Mo, Ky, R.I, N.C, Tenn, Del, ., S.C ., Ga, Ala . Miss . Texas La, Alaska Fla, Hawaii, N.J, Nev . Ohio, . Ill . Utah, R.I . Tenn, Okla, Illinois, N.H . Wis . Idaho, Wyo, Conn . Pa . Iowa Neb . Ohio, N.J . Ind, Ariz ., Pa . Conn . Iowa, . Ind, . Ark, N.H, Wis . Idaho S.D, N.Y, Wash . Maine, N.D . Maine Maine Mont, Mont, Minn . Vt, Ore, Mass, Wis, Wis . Idaho Idaho, Conn . Conn, Conn . Conn . Pa, Pa . Iowa, Pa . Iowa Iowa Nev . Ohio, Neb . Ohio, Nev . N.J, Nev . N.J . Ohio, W.Va . Ind, Ill, Colo . Utah Utah Md, Md, W.Va . Va . Colo, Colo, Ky . Va . Va, Kan . Kan, R.I . Ky, Okla . Tenn, Ariz . Ark, Ala . Miss ., Ala . Ala . Miss, . Texas La . Texas Texas, La . Alaska Alaska Alaska Fla, Fla, Hawaii Hawaii Hawaii, Ohio, Pa . Minn, Neb, Mo . Md, Ala, Wash, Ky . N.J, Conn . Va . Ind, S.C . Iowa, Ariz, Tex, Nev ., Fla ., Massachusetts

☆ When Will the Saltwater Wedge Reach New Orleans?
▼ + stars: | 2023-09-29 | by ( Mira Rojanasakul | ) www.nytimes.com time to read: +11 min

When Will the Saltwater Wedge Reach New Orleans? Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city. Gulf of Mexico Lake Pontchartrain By Oct. 28, saltwater is expected to reach a major intake valve at Carrollton that serves most of the city.

Persons: Biden, Bernard, It’s, ”, Jeffrey Graschel, hydrologist, doesn’t, CONN, Matthew Roe, “ It’s, ” Mr, Graschel Organizations: New, Jefferson, Salvador Pointe à, Army Corps of Engineers, Copernicus, Midwest, U.S . Drought Monitor, National Weather Service, NEV, ALA, MISS, Oregon State University In, NOAA’s National Centers for Environmental Information, National Weather, Army Corps Locations: Orleans, Mississippi, New Orleans, Louisiana, Pontchartrain, Carrollton, Algiers, Salvador, la, Mexico Lake Pontchartrain, Salvador Pointe à la, Mexico, Gulf, Ohio, Slidell, La, Minnesota, MAINE, MINN, VT, N.H . IDAHO, S.D, N.Y, WIS, R.I, PA, IOWA, NEB . OHIO, UTAH, COLO . CALIF . VA, KAN . MO, KY, N.C, TENN, OKLA, ., MISS . TEXAS LA, FLA, NEV . UTAH, CONN, WYO, NEV . OHIO, Myrtle Grove, ”

☆ Cathie Wood is a fan of this AI company, and says the 'AI revolution' will 'change everything'
▼ + stars: | 2023-09-21 | by ( Weizhen Tan | ) www.cnbc.com time to read: +2 min

Cathie Wood says a U.K.-founded company is "one of the best AI companies in the world." It now operates as Google DeepMind. This year, Alphabet said it's merging DeepMind with an internal Google Research team called Brain . It's a move designed to bring two groups focused on AI closer together as the battle for AI heats up. Google is racing to compete with Microsoft and other tech companies in AI, with Microsoft already making huge strides with its investment in OpenAI.

Persons: Cathie Wood, Ark, CNBC's, DeepMind, Wood Organizations: Google, Google Research, Microsoft, Wednesday Locations: OpenAI

☆ Here Are the Plants Where U.A.W. Strikes Are Happening
▼ + stars: | 2023-09-15 | by ( Lazaro Gamio | Eli Murray | ) www.nytimes.com time to read: +2 min

Here Are the Plants Where U.A.W. Strikes Are HappeningWentzville Assembly Plant 3,600 workers Michigan Assembly Plant 3,300 workers Toledo Assembly Complex 5,800 workers Wentzville Assembly Plant 3,600 workers Michigan Assembly Plant 3,300 workers Toledo Assembly Complex 5,800 workers Ala. Alaska Ariz. Ark. The three plants represent only a small portion of the unionized factories of G.M., Ford and Stellantis across the United States, and less than 10 percent of those companies’ 150,000 U.A.W. Company Plant Workers Ford Michigan Assembly Plant Wayne, MI 3,300 Stellantis Toledo Assembly Complex Toledo, OH 5,800 GM Wentzville Assembly Plant Wentzville, MO 3,600 Sources: Company websites (plant locations); U.A.W. The strikes are affecting plants owned by each of the three U.S. automakers — a change in tactics from previous U.A.W.

Persons: Iowa Kan Organizations: Plant, Hawaii Idaho Ill, N.D . Ohio Okla, New York Times, United Automobile Workers, Detroit, —, Motors, Ford Motor, Chrysler —, Ford, Company Plant Workers Ford, Company Plant Workers Ford Michigan Assembly Plant, Wentzville Locations: Michigan, Toledo, Ala, Alaska, Calif, Colo, Conn, Del, Fla . Ga, Hawaii Idaho, Ind, Iowa, Ky, La . Maine Md, Mass, Mich, Minn, Miss, Mo, Mont, Neb, N.H . N.J, N.M, N.Y, N.C, N.D . Ohio, N.D . Ohio Okla ., Pa, S.D . Tenn . Texas Utah, Va, Wash, W.Va . Wis, Wyo, Midwest, G.M, United States, Company Plant Workers Ford Michigan, Company Plant Workers Ford Michigan Assembly Plant Wayne, MI

☆ Abortions Rose in Most States This Year, New Data Shows
▼ + stars: | 2023-09-07 | by ( Amy Schoenfeld Walker | Allison Mccann | ) www.nytimes.com time to read: +8 min

Abortions rose in nearly every state where the procedure remains legal, but the change was most visible in states bordering those with total abortion bans. Data was not collected from the 14 states with abortion bans in effect in the first part of the year. Range of 2023 estimates 2020 count Low Median High 20,000 40,000 60,000 80,000 Calif. N.Y. Ill. Fla. N.J. N.C. Both reports show significant increases in abortions in states without abortion bans, a change that anti-abortion advocates and legislators are watching closely. Guttmacher researchers collected abortion data before legislatures enacted bans and restrictions in Indiana, North Carolina and South Carolina.

Persons: Rose, telemedicine, Court’s Dobbs, ”, Caitlin Myers, Maine, Ariz, Nev, Isaac Maddow, isn’t, Dobbs, Dr, Myers, . Kan, WeCount, we’ve, Katie Daniel, Susan B, Anthony Pro Organizations: Ore, Ill . Utah W.Va, D.C, Guttmacher Institute, Middlebury College, ”, Minn, Maine Conn, R.I . Ore . Iowa Md, Miss, Ariz . D.C, Colo, Ill, S.C . D.C, N.M . Utah Ill, Va . Iowa Kan, R.I . Ore . Iowa Calif, Ind . Utah Iowa Hawaii Del, America Locations: . Maine, N.D, Vt, Minn, N.H . Idaho S.D, N.Y, Mass, Wis, Mich, Conn, Wyo, R.I, Pa . Iowa, Nev . Ohio Ind, Md, Del, Ill . Utah, Colo, Calif, Va, Kan, Mo, Ky, N.C, Tenn, Okla, ., N.M ., Miss . Ala . Texas La, Alaska Fla, Hawaii States, N.H . Idaho, S.D, Nev . Ohio, Del . Ind, Colo . Va . Calif, Hawaii, United States, Washington, Kan . Ohio Fla, R.I . Ore . Iowa, Ariz ., Ind, La, Nev . Tenn, Okla . Mich, Wash, Pa, Texas, Fla, Pa . Colo, Wash . Ohio Mich, Ga, S.C ., N.M . Utah, Va . Iowa, Pa . N.Y, Okla . Tenn, Nev . Mich, In Illinois, Colorado , Kansas, New Mexico, South Carolina, Arizona , Georgia, Indiana, Arizona, Georgia, California, Florida , Illinois, New York, Ill, Fla . N.J, Pa . Mich, Va . Colo, Wash . Ohio, Ind . Utah Iowa Hawaii, R.I . Maine, Mont . Vt, Alaska, Colorado, Illinois, Indiana , North Carolina

☆ Here's what's next for bitcoin ETFs after a court ruled in favor of Grayscale over the SEC
▼ + stars: | 2023-08-29 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +6 min

A federal appeals court struck down the SEC's order denying the conversion of the Grayscale Bitcoin Trust (GBTC) into an exchange traded fund. The decision does not guarantee that investors will be able to freely trade a bitcoin ETF anytime soon, however. Another impact could be for the bitcoin futures ETFs that are already on the market, led by the $940 million ProShares Bitcoin Strategy ETF (BITO) . Those funds could see outflows if investors choose the spot bitcoin products instead. Consider Valkyrie's attempt to change its bitcoin futures product into a broader crypto fund that also holds ether futures.

Persons: Jeremy Senderowicz, Vedder Price, Senderowicz, Terrence Yang, Swan, Yang, Cathie Wood, Islam, bitcoin Organizations: Securities, Exchange, SEC, Appeals, U.S, Supreme, CNBC, Ark Invest, Bloomberg News, BlackRock, Marathon

AQUIFERS AQUIFERS AQUIFERS WASH. MAINE MONT. MONITORING WELLS MONITORING WELLS MONITORING WELLS WASH. MAINE MONT. FLA. DECLINING WELLS DECLINING WELLS DECLINING WELLS WASH. MAINE MONT. FLA. UNCHARTED WATERS America Is Using Up Its Groundwater Like There’s No Tomorrow Overuse is draining and damaging aquifers nationwide, a New York Times data investigation revealed. Groundwater level trends Rising Declining Groundwater level trends Rising Declining Groundwater level trends Rising Declining Groundwater level trends Rising Declining Note: Colors depict the median trend for each site over the previous 20 years.

☆ Ark Invest says it's not A.I. hardware it's focused on, it's software — and names 2 stocks
▼ + stars: | 2023-08-17 | by ( Weizhen Tan | ) www.cnbc.com time to read: +3 min

"We see that for every dollar spent on AI hardware like Nvidia GPUs, $8 could be pulled through in terms of AI software," he told CNBC's " Squawk Box Asia " on Wednesday. Ark Invest's flagship Ark Innovation ETF (ARKK) exited its position in Nvidia entirely in early January. 'Huge' beneficiaries Leggi named two AI software stocks that Ark is "focused on": Communication platform software firm Twilio and virtual health-care company Teladoc . Twilio accounts for 4.11% of the ARK Next Generation Internet ETF, and 4.04% of the ARK Innovation ETF, where it's in the top 10 holdings. Teladoc makes up 3.17% of the ARK Next Generation Internet ETF and 3.68% of the ARK Innovation ETF.

Persons: Renato Leggi, CNBC's, …, Leggi, Teladoc, it's Organizations: Nvidia, Invest, Innovation Locations: U.S

☆ SEC delays decision on bitcoin ETF from Cathie Wood's Ark Invest
▼ + stars: | 2023-08-11 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

Ark Invest CIO Cathie Wood told Bloomberg News earlier this week that she expected the SEC to make a decision on multiple funds at once. Crypto investment firm Grayscale is still awaiting a court decision after the SEC repeatedly rejected its proposal to convert the Grayscale Bitcoin Trust into an ETF. The Cboe BZX exchange filed with the SEC for a rule change in April that would allow the listing of the Ark21 spot bitcoin fund. The filing has since been amended several times and now includes a surveillance-sharing provision that was introduced in BlackRock's filing for a bitcoin fund. The SEC has rejected dozens of prior applications to create a spot bitcoin ETF, and SEC Chair Gary Gensler appeared to be leading a crackdown against the crypto industry earlier this year.

Persons: Gary Gensler, Cathie Wood Organizations: SEC, U.S . Treasury, The Securities, Exchange Commission, ETF, Bloomberg News Locations: Washington ,, BlackRock, WisdomTree

☆ Morgan Stanley still likes these Chinese stocks despite a country downgrade
▼ + stars: | 2023-08-06 | by ( Evelyn Cheng | ) www.cnbc.com time to read: +6 min

Morgan Stanley has decided to take a break, downgrading MSCI China to equal weight while recommending a few consumer and industrial names. The Politburo meeting signaled policy easing, but outstanding issues — of debt, property, jobs and geopolitics — need significant improvement for sustainable inflows, the Morgan Stanley analysts said. Morgan Stanley has so far only changed it once this year: a cut in July to 5%. And despite their downgrade of Chinese stocks, the analysts added two mainland-traded A shares to their focus list. In its latest report, Morgan Stanley analysts also turned overweight on India.

Persons: Morgan Stanley, Laura Wang, Fran Chen, Wood, Warren Buffett, behemoth BlackRock, Biden, Liqian Ren, Ren, Hang Seng, Jack Ma's Alibaba, Morgan Stanley's, Morgan, WisdomTree's Ren doesn't, Ren doesn't, Michael Bloom Organizations: U.S, Chinese Communist Party, China ETF, WisdomTree Trust, Owned Enterprises ETF, Wall, JPMorgan, Baidu, State, Owned Enterprise Fund, Ping An Insurance Locations: China, . U.S, WisdomTree, WisdomTree Trust China, Morgan, Morgan Stanley's China, Hong Kong, India

☆ Cathie Wood says her flagship innovation fund has completely exited China
▼ + stars: | 2023-07-21 | by ( Yun Li | ) www.cnbc.com time to read: +2 min

Ark Invest's Cathie Wood said her flagship innovation fund has reduced its China exposure to zero as the developing market faces an economic slowdown. ARKK used to own shares in Chinese tech giant Tencent and property site KE Holdings . The innovation investor said she changed her stance on China after Beijing started to tighten its grip on the economy by cracking down the ultrawealthy and the tech sector. ARK Fintech Innovation ETF (ARKF) still owns a small stake in Chinese e-commerce company JD.com , but it has dumped other Chinese names like Pinduoduo and Tencent. Her flagship fund has had a banner year so far as her top holdings rebounded from sharp losses triggered by rising rates.

Persons: Cathie Wood, Tesla, Wood, ARKK, China's, she's Organizations: Ark, CNBC, New York Stock Exchange, Innovation, KE Locations: China, Beijing

☆ Jim Cramer talks diversification and portfolio strategy, compares ARK's Cathie Wood and BlackRock's Larry Fink
▼ + stars: | 2023-07-17 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday stressed his belief that diversification is key to a successful portfolio. Cramer looked at the strategies of ARK 's Cathie Wood and BlackRock 's Larry Fink to explain why he thinks diversification is usually the best strategy for long-term gains. Cramer said Wood's primary investment style is to get a few stocks she feels have the highest potential. "That's the danger of running an undiversified portfolio: You have to be right every time, or else your investors, they get obliterated," Cramer said. Fink, however, prioritizes diversification, Cramer said, adding that BlackRock is the world's largest asset manager, with $9.4 trillion in holdings.

Persons: CNBC's Jim Cramer, Cramer, Wood, Larry Fink, she's, Tesla, haven't, Fink, That's Organizations: BlackRock, Nasdaq

☆ One Year, 61 Clinics: How Dobbs Changed the Abortion Landscape
▼ + stars: | 2023-06-22 | by ( Allison Mccann | Amy Schoenfeld Walker | ) www.nytimes.com time to read: +18 min

One Year, 61 Clinics: How Dobbs Changed the Abortion LandscapeIn the year since Roe fell, 20 states enacted laws banning or restricting abortion, forcing a rapid shift in the country’s patchwork of abortion access. Hawaii A map showing the locations of abortion providers that have closed, stopped offering abortion services or opened a new location. Gabriela Bhaskar/The New York Times Emily Kask for The New York Times Emily Kask for The New York Times Emily Kask for The New York Times A year ago, the Jackson clinic was the last one standing in Mississippi. Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Kendrick Brinson for The New York Times Terreisha Rancher, 26, recently sat in an exam room at the West Alabama Women’s Center in Tuscaloosa, pregnant and uninsured. No abortions Austin, Texas Closed Houston No abortions Madison, Wis. No abortions Memphis A grid of photos of abortion clinics in nine locations.

Persons: Roe, Wade, Dobbs, he’s, Mary Mathis, Kendrick Brinson, Madeleine Hordinski, Mo ., Gabriela Bhaskar, New York Times Emily Kask, The New York Times Emily Kask, Jackson, “ Hunt ”, David Carpenter, “, ”, Carpenter wasn’t, Kathaleen Pittman, Emily Kask, Ms, Pittman, The New York Times Madeleine Hordinski, The New York Times Diane Derzis, Diane Derzis, Derzis, Louis, Doug Lane, “ It’s, hasn’t, Josefina Montoya, Dr, Darin Weyhrich, Weyhrich, Sarah Anne Miller, The New York Times “, you’re, The New York Times Kendrick Brinson, Leah Torres, Yashica Robinson, Dalton Johnson, Alabama’s, Robinson, Verónica, The New York Times Verónica, Yolanda Chapa, Derlis Garcia, Bekki Vaden, Jessica Tezak, “ I’ve, Vaden Organizations: The New York Times, Walmart, Physicians, Ore, Neb . Ohio Ind, Ill . Utah W.Va, Miss . Ala . Texas La, Alaska Fla, Jackson, Health Organization, New York Times, Milwaukee, Dallas, Fort, Fort Worth ., San Antonio, Indianapolis, Houston, Alabama Women’s, El Paso, OB, West Alabama Women’s, Medicaid, “, ”, McAllen Pregnancy, Okla, Antonio Locations: Milwaukee, CeeJ, Montgomery, Ala, Bristol, Tenn, Va, Mont, N.D, Vt, Minn, N.H . Idaho, Wis, N.Y, Wyo, Pa . Iowa, Neb . Ohio, Del . Md, Ill . Utah, Colo . Calif, Mo, Mo . Kan, Ky, N.C, Ariz, ., Miss . Ala . Texas, Alaska, Hawaii, New Mexico, Texas, N.H . Idaho S.D, Mass, Conn, R.I . Mich, Nev . Ohio, Kan, Miss . Ala ., New Mexico . Texas, Fla, In Texas, Alaska Hawaii, Texas La, Alaska Fla, Dobbs, Mississippi, Birmingham, Charleston, W.Va, Savannah, Ga, Antonio, Worth, Dallas ; Savannah , Georgia, Fort Worth, Birmingham , Alabama, Charleston , West Virginia, San Antonio, Shreveport, La, Florida, Louisiana, Tennessee, Virginia, Oklahoma, Baton Rouge, Juliet, Falls , Idaho, Orleans, Baton Rouge , Louisiana, New Orleans, Juliet , Tennessee, Indianapolis, St, Louis ; Oklahoma, Twin Falls , Idaho, Jackson, ”, Huntsville, Illinois, North Carolina, Flagstaff, McKinney , Texas, Austin, Waco, Bend, Houston, Flagstaff , Arizona, Rock , Arkansas, Austin , Texas, El Paso ; Houston ; Waco , Texas, West Bend , Wisconsin, Boise , Idaho, Tuscaloosa, Louisville, Tulsa, Okla, Meridian, Idaho, Memphis, Little Rock , Arkansas, Tulsa , Oklahoma, Meridian , Idaho, Louisville , Kentucky, Oklahoma City, Nashville, McAllen, Sioux, S.D, Madison, Sioux Falls , South Dakota, Madison , Wisconsin, Knoxville

☆ Chart analyst sees buying opportunity in Ark Innovation fund for a trade
▼ + stars: | 2023-06-20 | by ( John Melloy | ) www.cnbc.com time to read: +1 min

There's an interesting trade opportunity in the ARK Innovation ETF as the stock market rallies here, according to Rick Bensignor of Bensignor Investment Strategies. ARKK YTD mountain ARK Innovation fund Cathie Wood's innovation fund was among the hardest hit vehicles out there as higher interest rates hit sentiment for growth and tech assets. Following a 67% drop last year, the fund is up more than 41% this year as artificial intelligence and stable rates raises interest in the overall tech sector again. The fund is also seen as a high beta way to capitalize on market rallies. The fund closed Friday at $44.31 a share and Bensignor sees the run going a little further.

Persons: Rick Bensignor, Bensignor Organizations: Bensignor

☆ Tesla's charging partnerships with Ford, GM will speed up green energy transition, Cathie Wood says
▼ + stars: | 2023-06-09 | by ( Jesse Pound | In Jesse-Pound | ) www.cnbc.com time to read: +2 min

On Thursday, General Motors announced that it was partnering with Tesla to let its customers access Tesla's charging stations. Wood is a long-time Tesla bull, and the electric vehicle stock accounts for more than 12% of Ark's flagship Innovation ETF (ARKK) . Ark projects that Tesla's stock can hit $2,000 per share by 2027. TSLA YTD mountain Tesla's stock has jumped sharply in 2023. Instead of electric vehicle gross margins in the 25%-30% range, we expect autonomous — the platform strategy — to deliver 80%, 90% margin.

Persons: Cathie Wood, Tesla, Wood, — Organizations: Detroit's, Ark Invest, General Motors, Ford, Detroit, America, Motors

☆ Stocks making the biggest moves midday: Affirm, Warner Bros. Discovery, Stitch Fix, Campbell Soup and more
▼ + stars: | 2023-06-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Affirm — Shares of the payments company surged 6% after Affirm and Amazon announced a new compatibility feature. Stitch Fix — The stock soared about 32% after the online personalized styling service company reported a narrower-than-expected loss for the fiscal third quarter. Stitch Fix posted a loss of 19 cents per share, compared with the 30-cent loss per share anticipated by analysts, according to Refinitiv. The company reported first-quarter earnings of $1.45 per share, while analysts polled by Refinitiv called for $1.24 per share. Revenue fell short of expectations, however, coming in at $597 million, versus the $602 million estimated by Wall Street.

Persons: Chris Licht, Buster's, Dave, Refinitiv, Morgan Stanley, Rosenblatt, Campbell, Canaccord Genuity, Coinbase, Wood, —, Jesse Pound, Brian Evans, Darla Mercado Organizations: Amazon, Revenue, Warner Bros, Dave, Wall Street, GameStop, FactSet, Petrobras —, StreetAccount, U.S . Securities, Exchange Commission Locations: Refinitiv

☆ Stanley Druckenmiller says Nvidia stock is worth holding for the next few years amid AI bullishness
▼ + stars: | 2023-06-07 | by ( Filip De Mott | ) www.businessinsider.com time to read: +2 min

Nvidia is worth holding for two to three years, Stanley Druckenmiller said in a Bloomberg conference. His bullishness comes as other investors have called Nvidia overvalued. His bullishness comes as other investors have called Nvidia overvalued after it briefly soared to a market cap of $1 trillion last month. During the Bloomberg interview, Druckenmiller also noted that even if a hard landing for the economy affects some AI development, he expects Nvidia to thrive in the long run. In the first quarter, his family office snapped up $220 million worth of the chipmaker's stock.

Persons: Stanley Druckenmiller, Druckenmiller, —, he'd, Bard, they're, Cathie Wood, Asmath Damodaran, Goldman Sachs Organizations: Nvidia, Bloomberg, Microsoft, Service, Privacy, Bloomberg Invest, Duquesne Family, Bank of America, ARK

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