Microsoft reported the firm's fiscal second quarter results on Tuesday evening. Revenue of $52.747B missed small, but was good enough for annual growth of 1.9%. Upon closer inspection, revenue growth of 1.9% (+7% in constant currency) was the slowest pace of growth for this firm in more than six years. Read More...
TheStreet.com
Cathie Wood Watch: Ark Unloads Some of a Favorite
Famed investor Cathie Wood, chief executive of Ark Investment Management, unloaded one of her favorite stocks Jan. 23, perhaps trying to take advantage of its recent rebound. Ark funds dumped 175,491 shares of Exact Sciences , a medical diagnostics company famous for its at-home colon cancer test. Exact Sciences is the biggest holding in Wood’s flagship Ark Innovation ETF .
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