Sector ETFs https://www.benzinga.com/views/taxonomy/term/49 en Cathie Wood Says Bill Hwang Provided Seed Funding For Ark ETFs https://www.benzinga.com/news/21/05/21024119/cathie-wood-says-bill-hwang-provided-seed-funding-for-ark-etfs <p><a href="https://www.benzinga.com/topic/cathie-wood" target="_blank">Cathie Wood</a>, the founder, CEO&nbsp;and CIO of Ark Invest, held discussions with Bill Hwang of Archegos Capital about U.S. stocks and, in particular, the media sector back in 2013.&nbsp;</p> <p><strong>What Happened:</strong>&nbsp;In an interview with&nbsp;<a href="https://www.cnbc.com/video/2021/05/07/full-interview-with-ark-invests-cathie-wood.html?&amp;qsearchterm=Cathie%20Wood" target="_blank">CNBC</a>, Cathie Wood said hedge fund veteran Hwang provided seed capital for Ark&#39;s first four exchange-traded funds.&nbsp;</p> <p>&quot;He did provide the seed for our first four ETFs, and we were very grateful to him. It was at a time where market makers were sick of seeding new strategies,&quot; she said in the interview.&nbsp;</p> <p><strong>Why It Matters</strong>:&nbsp;Hwang&nbsp;ran Archegos ...</p><p><a href=https://www.benzinga.com/news/21/05/21024119/cathie-wood-says-bill-hwang-provided-seed-funding-for-ark-etfs alt=Cathie Wood Says Bill Hwang Provided Seed Funding For Ark ETFs>Full story available on Benzinga.com</a></p> Archegos Capital ARKF ARKG ARKK ARKW Bill Hwang Cathie Wood News Sector ETFs ETFs ARKW ARKK ARKG ARKF Sector ETFs News ETFs Benzinga Sat, 08 May 2021 17:07:20 +0000 Bibhu Pattnaik 21024119 at https://www.benzinga.com Major Energy Pipeline To US East Coast Shut Down After Cyberattack https://www.benzinga.com/news/21/05/21023854/major-energy-pipeline-to-us-east-coast-shut-down-after-cyberattack <p>A cyberattack has forced Colonial Pipeline to halt operations of its 5,500 miles of pipeline, which transports approximately 45% of all fuel consumed on the East Coast.</p> <p><strong>What Happened:&nbsp;</strong>Colonial Pipeline, one of the largest pipeline operators in the U.S.,&nbsp;said in a&nbsp;<a href="https://www.colpipe.com/news/press-releases/media-statement-colonial-pipeline-system-disruption" target="_blank">statement</a>&nbsp;that it&nbsp;took certain systems offline on Friday and&nbsp;temporarily halted all pipeline operations, after learning that it was a victim of a cyberattack.</p> <p>Colonial has engaged a third-party cybersecurity firm to launch an investigation, and federal authorities and law enforcement have also been contacted.&nbsp;</p> <p>&quot;At this time, our primary focus is the safe and efficient restoration of our service and our efforts to return to normal operation. This process is already underway, and we are working diligently to address this matter and to minimize disruption to our customers and those who rely on Colonial Pipeline,&quot; the statement read.</p> <p>It is the biggest gasoline pipeline in the U.S., and the disruption ...</p><p><a href=https://www.benzinga.com/news/21/05/21023854/major-energy-pipeline-to-us-east-coast-shut-down-after-cyberattack alt=Major Energy Pipeline To US East Coast Shut Down After Cyberattack>Full story available on Benzinga.com</a></p> Colonial Pipeline cyberattack energy KKR KMI News RYDAF Sector ETFs VDE XOM Futures Commodities Markets ETFs VDE US92204A3068 XOM US30231G1022 KKR US48248M1027 KMI US49456B1017 RYDAF GB00B03MLX29 Sector ETFs News Futures Commodities Markets ETFs Benzinga Sat, 08 May 2021 14:47:30 +0000 Bibhu Pattnaik 21023854 at https://www.benzinga.com Cathie Wood Slashes Apple Stake To Half — Also Trims Google, Fastly: What You Need To Know https://www.benzinga.com/markets/penny-stocks/21/05/21007110/cathie-wood-slashes-apple-stake-to-half-also-trims-google-fastly-what-you-need-to-know <p>Cathie Wood-led Ark Investment Management nearly halved the <strong>Apple Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/aapl#NASDAQ">AAPL</a>) stake in the <strong>ARK Fintech Innovation ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/arkf#NYSE">ARKF</a>) on Thursday.</p> <p>ARKF shed 298,505 Apple shares, worth about $38.73 million, as of the day&#39;s close,&nbsp;and continues to hold&nbsp;292,435 shares.</p> <p>Apple is now the thirty-seventh&nbsp;largest holding of ARKF among a total of 47 stocks. No other Ark ETF has a position in Apple.</p> <p>Apple shares closed 1.28% lower at $129.74 on Thursday and have fallen 2.2% so far this year. The maker of iPhones and iPads last year became the <a href="https://www.benzinga.com/analyst-ratings/analyst-color/20/08/17176566/apples-market-cap-eclipses-2-trillion-so-whats-next" style="text-decoration:none">first</a><a href="http://www.benzinga.com/analyst-ratings/analyst-color/20/08/17176566/apples-market-cap-eclipses-2-trillion-so-whats-next"> company</a> to hit the $2 trillion market cap and some bulls expect the stock to <a href="https://www.benzinga.com/analyst-ratings/analyst-color/21/02/19766821/why-apple-will-hit-a-3-trillion-market-cap-by-the-end-of-2021" style="text-decoration:none">hit the next $3 trillion market</a>&nbsp;cap later this year.</p> <p><em>See Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/21/05/20961494/when-will-apples-stock-chart-say-buy" style="text-decoration:none">When Will Apple&#39;s Stock Chart Say &#39;Buy&#39;?</a></em></p> <p>The New York-based firm also sold 1,349 shares, worth about $3 million, in tech giant <strong>Alphabet Inc </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/googl#NASDAQ">GOOGL</a>) via <strong>ARK Space Exploration &amp; Innovation ETF</strong> (BATS: <a class="ticker" href="https://www.benzinga.com/stock/arkx#BATS">ARKX</a>).</p> <p>Wood&rsquo;s firm held about $21 million worth of shares in the Google parent via ARKX ahead ...</p><p><a href=https://www.benzinga.com/markets/penny-stocks/21/05/21007110/cathie-wood-slashes-apple-stake-to-half-also-trims-google-fastly-what-you-need-to-know alt=Cathie Wood Slashes Apple Stake To Half — Also Trims Google, Fastly: What You Need To Know>Full story available on Benzinga.com</a></p> AAPL ACCD ADYEY AONE ARK Investment Management ARKF ARKW ARKX BIDU BILL BLI Cathie Wood CDNA CMII COIN DKNG EXPC FATE FSLY GOOGL HDB ICE iPhone IRDM ISRG JD KMTUY KTOS MASS MELI MKTX NSTG NTDOY NVS ONVO PATH Penny Stocks PHR PINS PSTG PSTI REGN RHHBY ROKU RPTX SDGR SE Sector ETFs SI SKLZ SPFR SRPT SURF SYRS TAK TDY TER TREE TWLO TWTR TXG U VCYT WKHS ZG Small Cap ETFs AAPL US0378331005 FSLY TDY US8793601050 VCYT BIDU US0567521085 EXPC TER US8807701029 TWTR US90184L1026 COIN US21254S1078 ADYEY AONE US03739T1088 FATE JD ISRG US46120E6023 DKNG RHHBY US7711951043 CDNA KTOS US50077B2079 RPTX IRDM US46269C1027 ARKW MELI US58733R1023 ACCD NTDOY US6544453037 TXG MKTX US57060D1081 BLI PATH US67059M1009 ZG PSTI US72940R1023 SKLZ KMTUY US5004584018 PSTG REGN US75886F1075 MASS U WKHS TREE US8946751075 SPFR ONVO TWLO HDB US40415F1012 ARKX SRPT TAK ICE US45865V1008 CMII PINS SYRS NVS US66987V1098 SURF ROKU PHR SDGR BILL SE GOOGL US38259P5089 ARKF SI NSTG Sector ETFs Penny Stocks Small Cap ETFs Benzinga Fri, 07 May 2021 06:22:04 +0000 Rachit Vats 21007110 at https://www.benzinga.com Booking Holdings Stock Pulls Back: Technical Levels To Watch https://www.benzinga.com/news/earnings/21/05/20996266/booking-holdings-stock-pulls-back-technical-levels-to-watch <p><strong>Booking Holdings Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/bkng#NASDAQ">BKNG</a>) shares gapped down Thursday.</p> <p>The company reported a first-quarter loss that was narrower than expected. The company posted a loss of $5.26 per share against a Street estimate of $7.26 per share. Revenue of $1.14 billion surpassed the estimate of $1.12 billion. The company&#39;s performance was likely hit by travel restrictions due to COVID-19.</p> <p><img alt="bkngdaily5-6-21.png" src="https://cdn.benzinga.com/files/u285825/bkngdaily5-6-21.png" style="height:400px; width:640px" /></p> <h3>Booking Holdings Daily Chart Analysis</h3> <ul> <li>The stock looks to have recently broken out of a bullish flag pattern and is looking to consolidate.</li> <li>The stock is trading below the 50-day moving average ...</li></ul><p><a href=https://www.benzinga.com/news/earnings/21/05/20996266/booking-holdings-stock-pulls-back-technical-levels-to-watch alt=Booking Holdings Stock Pulls Back: Technical Levels To Watch>Full story available on Benzinga.com</a></p> AWAY BKNG Earnings EBIZ Long Ideas News PNQI QUAL Sector ETFs Short Ideas Technicals Travel Trading Ideas ETFs General PNQI US73935X1467 AWAY QUAL BKNG EBIZ Long Ideas Sector ETFs News Earnings Short Ideas Technicals Travel Trading Ideas ETFs General Benzinga Thu, 06 May 2021 20:05:58 +0000 Tyler Bundy 20996266 at https://www.benzinga.com Twilio Is Nearing A Key Support Level: What's Next? https://www.benzinga.com/news/earnings/21/05/20994452/twilio-is-nearing-a-key-support-level-whats-next <p><strong>Twilio Inc. </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/twlo#NYSE">TWLO</a>) shares gapped down Thursday after EPS guidance came in below estimates. The company issued second-quarter adjusted EPS guidance of $(0.16) to $(0.13), versus the $(0.05) estimate.</p> <p><img alt="twlodaily5-6-21.png" src="https://cdn.benzinga.com/files/u285825/twlodaily5-6-21.png" style="height:400px; width:640px" /></p> <h3><strong>Twilio Daily Chart Analysis</strong></h3> <ul> <li>Twilio looks to be trading within what technical traders may call a descending triangle pattern.</li> <li>The stock is trading below the 50-day moving average (green), and gapped below the 200-day moving average Thursday.</li> <li>The gap down below the 200-day ...</li></ul><p><a href=https://www.benzinga.com/news/earnings/21/05/20994452/twilio-is-nearing-a-key-support-level-whats-next alt=Twilio Is Nearing A Key Support Level: What&#039;s Next?>Full story available on Benzinga.com</a></p> ARKK Earnings Long Ideas News Sector ETFs TWLO Guidance Short Ideas Technicals Trading Ideas ETFs ARKK TWLO Long Ideas Sector ETFs News Earnings Short Ideas Guidance Technicals Trading Ideas ETFs Benzinga Thu, 06 May 2021 18:31:41 +0000 Tyler Bundy 20994452 at https://www.benzinga.com 3 ETFs That Say The Market Could Be Going Lower https://www.benzinga.com/trading-ideas/long-ideas/21/05/20987540/3-etfs-that-say-the-market-could-be-going-lower <p>Some bearish dynamics are occurring in different parts of the market. They suggest there may soon be a sell-off or correction.</p> <p>These dynamics can be seen in the <strong>SPDR S&amp;P 500 ETF Trust</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/spy#NYSE">SPY</a>), the <strong>Technology Select Sector SPDR Fund</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xlk#NYSE">XLK</a>), and the <strong>Consumer Discretionary Select Sector SPDR Fund</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/xly#NYSE">XLY</a>).</p> <p><em>See Also: <a href="https://www.benzinga.com/money/best-stocks-etfs-and-mutual-funds/">Best&nbsp;ETFs and Mutual Funds by Industry</a></em></p> <p>A classic &quot;broadening formation&quot;&nbsp;is forming in the SPY. It illustrates choppy and volatile action, which shows ...</p><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/21/05/20987540/3-etfs-that-say-the-market-could-be-going-lower alt=3 ETFs That Say The Market Could Be Going Lower>Full story available on Benzinga.com</a></p> Sector ETFs SPY XLK XLY Technicals Trading Ideas ETFs SPY US78462F1030 XLK US81369Y8030 XLY US81369Y4070 Sector ETFs Technicals Trading Ideas ETFs Benzinga Thu, 06 May 2021 17:10:08 +0000 Mark Putrino 20987540 at https://www.benzinga.com Moderna Stock Moves After Q1 Print: Technical Levels For The COVID-19 Vaccine Play https://www.benzinga.com/general/biotech/21/05/20991510/moderna-stock-moves-after-q1-print-technical-levels-for-the-covid-19-vaccine-play <p><strong>Moderna Inc.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/mrna#NASDAQ">MRNA</a>) shares gapped down Thursday and have since gained back some ground.</p> <p>Moderna <a href="https://www.benzinga.com/news/earnings/21/05/20985333/moderna-stock-drops-as-q1-sales-fails-to-meet-expectations-anticipates-19-2b-in-fy21-product-sales">reported first-quarter earnings</a> Thursday of $2.84 per share, beating the estimate of $2.39. Moderna&#39;s quarterly sales were $1.9 billion, missing the Street estimate of $2.04 billion.</p> <p>The company also announced a new supply agreement with Switzerland for 7 million doses of vaccine.</p> <p>Moderna shares were trading down 2.63% at $158.56 at last check.&nbsp;<img alt="mrnadaily5-6-21.png" src="https://cdn.benzinga.com/files/u285825/mrnadaily5-6-21.png" style="height:400px; width:640px" /></p> <h3>Moderna Daily Chart Analysis</h3> <p>Moderna looks to be trading in what technical traders&nbsp;call an ascending triangle pattern.</p> <p>The stock ...</p><p><a href=https://www.benzinga.com/general/biotech/21/05/20991510/moderna-stock-moves-after-q1-print-technical-levels-for-the-covid-19-vaccine-play alt=Moderna Stock Moves After Q1 Print: Technical Levels For The COVID-19 Vaccine Play>Full story available on Benzinga.com</a></p> BBH Biotech Earnings GERM IBB Long Ideas MRNA News Sector ETFs Short Ideas Health Care Technicals Contracts Trading Ideas ETFs General BBH US09067D2018 IBB US4642875565 MRNA US56804Q1022 GERM Long Ideas Sector ETFs News Earnings Biotech Short Ideas Health Care Technicals Contracts Trading Ideas ETFs General Benzinga Thu, 06 May 2021 16:28:09 +0000 Tyler Bundy 20991510 at https://www.benzinga.com Leading And Lagging Sectors For May 6, 2021 https://www.benzinga.com/etfs/sector-etfs/21/05/20988918/leading-and-lagging-sectors-for-may-6-2021 <h3>Gainers</h3> <table> <thead> <tr> <th><strong>Symbol</strong></th> <th><strong>Name</strong></th> <th align="right"><strong>Price</strong></th> <th align="right"><strong>Change ($)</strong></th> <th align="right"><strong>Change (%)</strong></th> <th><strong>Volume</strong></th> </tr> </thead> <tbody> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>)</td> <td>Materials Select Sector SPDR</td> <td align="right">86.60</td> <td align="right">0.32</td> <td align="right">0.37</td> <td>9.7K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>)</td> <td>SPDR Select Sector Fund - Industrial</td> <td align="right">103.73</td> <td align="right">0.20</td> <td align="right">0.19</td> <td>4.1K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLP#NYSE">XLP</a>)</td> <td>SPDR Select Sector Fund - Consumer Staples</td> <td align="right">69.85</td> <td align="right">0.11</td> <td align="right">0.15</td> <td>1.9K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</td> <td>SPDR Select Sector Fund - Financial</td> <td align="right">37.08</td> <td align="right">0.05</td> <td align="right">0.13</td> <td>76.3K</td> </tr> </tbody> </table> <h3>Losers</h3> <table> <thead> <tr> <th><strong>Symbol</strong></th> <th><strong>Name</strong></th> <th ...</tr></thead></table><p><a href=https://www.benzinga.com/etfs/sector-etfs/21/05/20988918/leading-and-lagging-sectors-for-may-6-2021 alt=Leading And Lagging Sectors For May 6, 2021>Full story available on Benzinga.com</a></p> BZI-ETFMovers Sector ETFs XLB XLF XLI XLK XLP XLU XLV Pre-Market Outlook Movers ETFs XLB US81369Y1001 XLF US81369Y6059 XLI US81369Y7040 XLK US81369Y8030 XLP US81369Y3080 XLU US81369Y8865 XLV US81369Y2090 Sector ETFs Pre-Market Outlook Movers ETFs Benzinga Thu, 06 May 2021 13:10:49 +0000 Benzinga Insights 20988918 at https://www.benzinga.com Cathie Wood Loads Up More On Peloton, Skillz, Teladoc On The Dip https://www.benzinga.com/markets/penny-stocks/21/05/20980626/cathie-wood-loads-up-more-on-peloton-skillz-teladoc-on-the-dip <p>Cathie Wood-led Ark Investment Management snapped up over 3 million shares, worth about $48.53 million, in <strong>Skillz Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sklz#NYSE">SKLZ</a>) on Wednesday.</p> <p>SKLZ&nbsp;shares closed 9% lower at $15.48 on Wednesday and were down 1% in after-hours trading in the aftermath of the company&nbsp;<a href="http://www.benzinga.com/news/earnings/21/05/20951490/skillz-raises-guidance-after-92-revenue-growth-21st-consecutive-quarter-yoy-growth">reporting a wider quarterly loss </a>alongside a surge in revenue.</p> <p>Ark owned about 12.9 million shares in Skillz divided between the <strong>ARK Innovation ETF</strong>&nbsp;(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/arkk#NYSE">ARKK</a>) and <strong>Ark </strong><strong>Next Generation Internet ETF</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/arkw#NYSE">ARKW</a>) ahead of Wednesday&#39;s trade, worth about $263.98 million.</p> <p>The New York-based hedge fund had last week <a href="http://www.benzinga.com/analyst-ratings/analyst-color/21/04/20784507/why-cathie-wood-is-bullish-on-skillz">come out in support</a> of the company amid short-seller allegations related to its revenue recognition practices and the NFL partnership.</p> <p><em>See Also:<a href="https://www.benzinga.com/markets/penny-stocks/21/05/20956437/cathie-wood-loaded-up-further-on-skillz-on-earnings-day">&nbsp;Cathie Wood Loaded Up Further On Skillz On Earnings Day</a></em></p> <p>The investment firm also bought 325,805 ...</p><p><a href=https://www.benzinga.com/markets/penny-stocks/21/05/20980626/cathie-wood-loads-up-more-on-peloton-skillz-teladoc-on-the-dip alt=Cathie Wood Loads Up More On Peloton, Skillz, Teladoc On The Dip>Full story available on Benzinga.com</a></p> ADYEY ARK Investment Management ARKG ARKK ARKW BIDU Cathie Wood DKNG EXAS EXPC IONS JD MASS NVTA PATH Penny Stocks PHR PSTG PSTI PTON REGN RHHBY RPTX Sector ETFs SKLZ SNPS SURF SYRS TAK TDOC TDY TREE TSLA TTD TWLO VUZI Small Cap Trading Ideas ETFs BIDU US0567521085 ARKG EXAS US30063P1057 NVTA PSTI US72940R1023 TDOC PSTG REGN US75886F1075 IONS SNPS US8716071076 TWLO TREE US8946751075 TAK PHR SYRS TDY US8793601050 TTD RHHBY US7711951043 PTON TSLA US88160R1014 EXPC PATH US67059M1009 ADYEY VUZI DKNG SURF RPTX JD SKLZ ARKW MASS ARKK Sector ETFs Penny Stocks Small Cap Trading Ideas ETFs Benzinga Thu, 06 May 2021 05:16:06 +0000 Rachit Vats 20980626 at https://www.benzinga.com This Biotech Stock Could See A Big Move If It Breaks Out Of The Pennant It's Forming https://www.benzinga.com/general/biotech/21/05/20972351/this-biotech-stock-could-see-a-big-move-if-it-breaks-out-of-the-pennant-its-forming <p><strong>Humanigen Inc. </strong>(NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/hgen#NASDAQ">HGEN</a>) shares made gains Wednesday&nbsp;</p> <p>following the publication of results from a Phase 3&nbsp;randomized double-blind placebo-controlled study.</p> <p>The study demonstrated the efficacy and safely of the company&#39;s lenzilumab in hospitalized COVID-19 patients. Lenzilumab was found to significantly improve survival without ventilation in hospitalized patients with COVID-19.</p> <p><img alt="hgendaily5-5-21.png" src="https://cdn.benzinga.com/files/u285825/hgendaily5-5-21.png" style="height:400px; width:640px" /></p> <h3>Humanigen Daily Chart Analysis</h3> <ul> <li>Shares of Humanigen are forming into what technical traders&nbsp;call a pennant pattern. The pennant pattern is very large, originating in July 2020. It is thought by traders that the bigger the pattern is, the bigger the breakout will be.</li> <li>The ...</li></ul><p><a href=https://www.benzinga.com/general/biotech/21/05/20972351/this-biotech-stock-could-see-a-big-move-if-it-breaks-out-of-the-pennant-its-forming alt=This Biotech Stock Could See A Big Move If It Breaks Out Of The Pennant It&#039;s Forming>Full story available on Benzinga.com</a></p> Biotech HGEN LABU Long Ideas News Sector ETFs Short Ideas Health Care Technicals Small Cap FDA Movers Trading Ideas ETFs General LABU HGEN Long Ideas Sector ETFs News Biotech Short Ideas Health Care Technicals Small Cap FDA Movers Trading Ideas ETFs General Benzinga Wed, 05 May 2021 20:50:44 +0000 Tyler Bundy 20972351 at https://www.benzinga.com Leading And Lagging Sectors For May 5, 2021 https://www.benzinga.com/etfs/sector-etfs/21/05/20963504/leading-and-lagging-sectors-for-may-5-2021 <h3>Gainers</h3> <table> <thead> <tr> <th><strong>Symbol</strong></th> <th><strong>Name</strong></th> <th align="right"><strong>Price</strong></th> <th align="right"><strong>Change ($)</strong></th> <th align="right"><strong>Change (%)</strong></th> <th><strong>Volume</strong></th> </tr> </thead> <tbody> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)</td> <td>SPDR Select Sector Fund - Energy Select Sector</td> <td align="right">51.38</td> <td align="right">0.60</td> <td align="right">1.18</td> <td>146.5K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)</td> <td>SPDR Select Sector Fund - Technology</td> <td align="right">137.61</td> <td align="right">0.80</td> <td align="right">0.58</td> <td>36.1K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLY#NYSE">XLY</a>)</td> <td>SPDR Select Sector Fund - Consumer Discretionary</td> <td align="right">177.17</td> <td align="right">0.96</td> <td align="right">0.54</td> <td>12.0K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>)</td> <td>Materials Select Sector SPDR</td> <td align="right">85.61</td> <td align="right">0.41</td> <td align="right">0.48</td> <td>5.1K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>)</td> <td>SPDR Select Sector Fund - Financial</td> <td align="right">36.84</td> <td align="right">0.11</td> <td ...</tr></tbody></table><p><a href=https://www.benzinga.com/etfs/sector-etfs/21/05/20963504/leading-and-lagging-sectors-for-may-5-2021 alt=Leading And Lagging Sectors For May 5, 2021>Full story available on Benzinga.com</a></p> BZI-ETFMovers Sector ETFs XLB XLE XLF XLI XLK XLP XLRE XLU XLV XLY Pre-Market Outlook Movers ETFs XLB US81369Y1001 XLE US81369Y5069 XLF US81369Y6059 XLI US81369Y7040 XLK US81369Y8030 XLP US81369Y3080 XLU US81369Y8865 XLV US81369Y2090 XLY US81369Y4070 XLRE Sector ETFs Pre-Market Outlook Movers ETFs Benzinga Wed, 05 May 2021 13:19:31 +0000 Benzinga Insights 20963504 at https://www.benzinga.com Cathie Wood Loaded Up Further On Skillz On Earnings Day https://www.benzinga.com/markets/penny-stocks/21/05/20956437/cathie-wood-loaded-up-further-on-skillz-on-earnings-day <p>Cathie Wood-led Ark Investment Management snapped up over 3 million shares, worth about $52.1 million, in <strong>Skillz Inc</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/sklz#NYSE">SKLZ</a>) ahead of the mobile gaming company&rsquo;s first-quarter financial earnings on Tuesday.</p> <p>SKLZ shares&nbsp;closed 2.66% higher at $16.96 on Tuesday and were down 1.53% in after-hours trading.</p> <p>Skillz reported a <a href="http://www.benzinga.com/news/earnings/21/05/20951490/skillz-raises-guidance-after-92-revenue-growth-21st-consecutive-quarter-yoy-growth">wider loss of $53.6 million</a> in the quarter ended March 31, compared with a loss of $15.5 million a year ago. The company&rsquo;s revenue jumped 92% to $83.7 million during the period.</p> <p>The San Francisco-based company also raised its full-year revenue guidance to $375 million from $336.&nbsp;</p> <p>The New York-based hedge fund had last week come out in support of the company amid short-seller allegations related to its revenue recognition practices and the NFL partnership.</p> <p>Ark&nbsp;had then said it reviewed the reports and believes the claims were either exaggerated or incorrect.&nbsp;&nbsp;</p> <p><em>See Also: <a href="https://www.benzinga.com/analyst-ratings/analyst-color/21/04/20784507/why-cathie-wood-is-bullish-on-skillz" style="text-decoration:none">Why Cathie Wood Is Bullish On ...</a></em></p><p><a href=https://www.benzinga.com/markets/penny-stocks/21/05/20956437/cathie-wood-loaded-up-further-on-skillz-on-earnings-day alt=Cathie Wood Loaded Up Further On Skillz On Earnings Day>Full story available on Benzinga.com</a></p> ABNB ADYEY ARK Investment Management ARKK ARKW BEAM BIDU BLI Cathie Wood CMIIU COIN EXAS GLEO ICE IONS IRDM JD MASS PATH PCAR Penny Stocks PHR PLTR PSTG PSTI REGN RHHBY RPTX RXRX Sector ETFs SI SKLZ SNPS SQ STNE TCEHY TDOC TDY TMO TREE TWLO U VUZI ZY Small Cap Trading Ideas ETFs TCEHY BLI BIDU US0567521085 BEAM PLTR COIN US21254S1078 U SKLZ EXAS US30063P1057 VUZI ABNB PCAR US6937181088 JD MASS PSTI US72940R1023 ARKW CMIIU REGN US75886F1075 ARKK ZY SNPS US8716071076 TDOC RXRX TREE US8946751075 PSTG ICE US45865V1008 SQ PHR IONS SI TDY US8793601050 TWLO TMO US8835561023 STNE RHHBY US7711951043 GLEO IRDM US46269C1027 ADYEY PATH US67059M1009 RPTX Sector ETFs Penny Stocks Small Cap Trading Ideas ETFs Benzinga Wed, 05 May 2021 06:51:42 +0000 Rachit Vats 20956437 at https://www.benzinga.com These 2 Stocks Look Ready To Tumble Further https://www.benzinga.com/trading-ideas/long-ideas/21/05/20944913/these-2-stocks-look-ready-to-tumble-further <p><strong>ON Semiconductor Corp.</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/on#NASDAQ">ON</a>) and <strong>Boeing Co.</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/ba#NYSE">BA</a>) are two stocks that lost ground in&nbsp;Tuesday&#39;s session. Boeing is likely moving after Bernstein lifted its price target on the stock.</p> <p>ON Semiconductors is moving after several analysts raised their price target on the stock.&nbsp;</p> <p>To read more about why these tickers are moving,&nbsp;<a href="https://www.benzinga.com/trading-ideas/long-ideas/21/05/20938355/heres-why-boeing-kroger-mcdonalds-and-on-semiconductor-are-moving">click here</a>.</p> <p><img alt="ondaily5-4-21.png" src="https://cdn.benzinga.com/files/u285825/ondaily5-4-21.png" style="height:400px; width:640px" /></p> <h3>ON Semiconductor Daily Chart Analysis</h3> <ul> <li>ON Semiconductor shares look to have broken the higher low trendline and are heading lower.</li> <li>The stock is trading below the 50-day moving average (green), but above the 200-day moving average (blue). This indicates the stock is most likely trading in a period of consolidation.</li> <li>The 50-day moving average may hold as resistance and the 200-day moving average could hold as support in the future.</li> </ul> <h3>Key ON Semiconductor Levels To Watch</h3> <ul> <li>The stock looks ...</li></ul><p><a href=https://www.benzinga.com/trading-ideas/long-ideas/21/05/20944913/these-2-stocks-look-ready-to-tumble-further alt=These 2 Stocks Look Ready To Tumble Further>Full story available on Benzinga.com</a></p> BA DFEN Long Ideas ON Penny Stocks Sector ETFs Short Ideas Price Target Technicals Analyst Ratings Trading Ideas ETFs BA US0970231058 ON DFEN Long Ideas Sector ETFs Penny Stocks Short Ideas Price Target Technicals Analyst Ratings Trading Ideas ETFs Benzinga Tue, 04 May 2021 20:54:49 +0000 Tyler Bundy 20944913 at https://www.benzinga.com Leading And Lagging Sectors For May 4, 2021 https://www.benzinga.com/etfs/sector-etfs/21/05/20937702/leading-and-lagging-sectors-for-may-4-2021 <h3>Gainers</h3> <table> <thead> <tr> <th><strong>Symbol</strong></th> <th><strong>Name</strong></th> <th align="right"><strong>Price</strong></th> <th align="right"><strong>Change ($)</strong></th> <th align="right"><strong>Change (%)</strong></th> <th><strong>Volume</strong></th> </tr> </thead> <tbody> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLE#NYSE">XLE</a>)</td> <td>SPDR Select Sector Fund - Energy Select Sector</td> <td align="right">50.9</td> <td align="right">0.15</td> <td align="right">0.29</td> <td>138.6K</td> </tr> </tbody> </table> <h3>Losers</h3> <table> <thead> <tr> <th><strong>Symbol</strong></th> <th><strong>Name</strong></th> <th align="right"><strong>Price</strong></th> <th align="right"><strong>Change ($)</strong></th> <th align="right"><strong>Change (%)</strong></th> <th><strong>Volume</strong></th> </tr> </thead> <tbody> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>)</td> <td>SPDR Select Sector Fund - Technology</td> <td align="right">138.26</td> <td align="right">-1.050</td> <td align="right">-0.76</td> <td>19.5K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLB#NYSE">XLB</a>)</td> <td>Materials Select Sector SPDR</td> <td align="right">83.66</td> <td align="right">-0.620</td> <td align="right">-0.74</td> <td>21.8K</td> </tr> <tr> <td>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLRE#NYSE">XLRE</a>)</td> <td>Real Estate Select Sector SPDR Fund (The)</td> <td align="right">42.36</td> <td align="right">-0.183</td> <td ...</tr></tbody></table><p><a href=https://www.benzinga.com/etfs/sector-etfs/21/05/20937702/leading-and-lagging-sectors-for-may-4-2021 alt=Leading And Lagging Sectors For May 4, 2021>Full story available on Benzinga.com</a></p> BZI-ETFMovers Sector ETFs XLB XLE XLF XLI XLK XLP XLRE XLU XLV Pre-Market Outlook Movers ETFs XLB US81369Y1001 XLE US81369Y5069 XLF US81369Y6059 XLI US81369Y7040 XLK US81369Y8030 XLP US81369Y3080 XLU US81369Y8865 XLV US81369Y2090 XLRE Sector ETFs Pre-Market Outlook Movers ETFs Benzinga Tue, 04 May 2021 13:10:32 +0000 Benzinga Insights 20937702 at https://www.benzinga.com Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz https://www.benzinga.com/markets/penny-stocks/21/05/20929556/cathie-wood-loads-up-more-on-alibaba-rivals-pinduoduo-jd-also-adds-skillz <p>Cathie Wood-led Ark Investment Management on Monday bought more shares of <strong>Pinduoduo Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/pdd#NASDAQ">PDD</a>) and <strong>JD.com Inc</strong> (NASDAQ: <a class="ticker" href="https://www.benzinga.com/stock/jd#NASDAQ">JD</a>) &mdash;&nbsp;rivals to <strong>Alibaba Group Holding</strong> (NYSE: <a class="ticker" href="https://www.benzinga.com/stock/baba#NYSE">BABA</a>) in the e-commerce and online groceries space in China.</p> <p>Wood&#39;s firm has been piling up shares of Alibaba rivals, some of which now account for a better part of its holdings compared to the Jack Ma-led company whose shares have slumped over 20% since October 2020 over <a href="https://www.benzinga.com/fintech/21/04/20828550/ant-troubles-not-over-jack-mas-relations-with-regulators-said-to-be-under-beijing-scrutiny" style="text-decoration:none">troubles</a> with the Chinese government.</p> <p><em>See Also: <a href="https://www.benzinga.com/trading-ideas/long-ideas/21/05/20833496/cathie-wood-cant-get-enough-of-these-3-chinese-alibaba-rivals" style="text-decoration:none">Cathie Wood Can&#39;t Get Enough Of These 3 Chinese Alibaba Rivals</a></em></p> <p>The investment firm bought 126,988 shares of Chinese e-commerce giant Pinduoduo on Monday, estimated to be worth about $16.9 million as of the day&#39;s close.</p> <p>Shares of Pinduoduo closed 0.37% lower at $133.43 on Monday.</p> <p>The <strong>Ark Fintech Innovation ETF </strong>(NYSE: <a class="ticker" href="https://www.benzinga.com/stock/arkf#NYSE">ARKF</a>) made the trade on Monday. ARKF held a total of 573,550 PDD shares worth about $76.8 million and representing 1.85% weight of the ETF, ...</p><p><a href=https://www.benzinga.com/markets/penny-stocks/21/05/20929556/cathie-wood-loads-up-more-on-alibaba-rivals-pinduoduo-jd-also-adds-skillz alt=Cathie Wood Loads Up More On Alibaba Rivals Pinduoduo, JD — Also Adds Skillz>Full story available on Benzinga.com</a></p> ADYEY API ARK Investment Management ARKF ARKK BABA BEAM BIDU Cathie Wood China CMIIU DDD e-commerce FSLY GLEO groceries ICE IONS IRDM JD NV PATH PCAR PDD Penny Stocks PHR PSTG PSTI RBLX REGN retail RHHBY ROKU RPTX RXRX Sector ETFs SI SKLZ STNE TCEHY TDY TMO TTD TWTR U VUZI ZY Small Cap ETFs BEAM ADYEY API US00754E1073 U RPTX DDD US88554D2053 VUZI SKLZ PDD BABA RBLX BIDU US0567521085 TWTR US90184L1026 CMIIU PCAR US6937181088 JD ZY PSTI US72940R1023 ARKK RXRX REGN US75886F1075 PSTG ICE US45865V1008 IONS PHR TTD SI NV TDY US8793601050 ROKU TMO US8835561023 STNE RHHBY US7711951043 ARKF IRDM US46269C1027 PATH US67059M1009 FSLY TCEHY GLEO Sector ETFs Penny Stocks Small Cap ETFs Benzinga Tue, 04 May 2021 04:17:10 +0000 Rachit Vats 20929556 at https://www.benzinga.com