On March 28, 2025, Cathie Wood's Ark Invest made significant moves in the market, purchasing $10.45 million worth of Robinhood shares and $16.47 million worth of CoreWeave shares. This buying activity was offset by the sale of $20.7 million worth of Roblox shares, suggesting a shift in Ark Invest's portfolio strategy.
Ray Dalio, renowned investor and founder of Bridgewater Associates, warns against attempting to time the market, comparing it to the daunting challenge of competing in the Olympics. He advises investors to consider low-cost index funds as a safer alternative, echoing the strategy of investment legend Warren Buffett.
A data breach at Oracle Health, formerly Cerner, compromised sensitive patient information from multiple U.S. hospitals. The breach involved legacy servers not yet migrated to Oracle Corp.'s cloud platform and occurred when a threat actor accessed the servers using compromised credentials after January 22, 2025.
A Reddit post sparked a conversation about the challenges of building wealth in today's economy, with many users expressing frustration at feeling financially stretched despite earning a good living. The discussion highlighted the complex realities of financial well-being, influenced by factors like income, expenses, and generational wealth.
Billionaire Mark Cuban has raised concerns about Elon Musk's silence regarding the "5 things" DOGE emails that the White House DOGE office required federal employees to submit last month. Cuban took to Bluesky to voice his concerns, noting that the emails seemed to have been forgotten and that he had spoken to someone who said the emails bounced back due to a full inbox.