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Microsoft’s Cloud Doesn’t Quite Cover All

The PC slump takes a toll on profit margins while Azure remains resilient but not immune to tech slowdown. 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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