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Block Head Jack Dorsey tells us what we already knew



Cathie Wood buys the dip on pandemic darlings Roku, Zoom, Roblox

The asset manager’s flagship ARK Innovation ETF has slumped 43% this year, lagging far behind the S&P 500’s 7.7% decline as the prospect of aggressive U.S. policy tightening hammered the fund’s hyper-growth stocks. Over the week, ARK bought 100,642 shares of e-commerce firm Shopify Inc, 329,073 of Zoom, 739,082 of gaming site Roblox and 575,648 of streaming device maker Roku.

Verizon Stock Had Its Worst Its Day Since the Pandemic Hit

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