ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on Wall Street in 2020. In a Friday evening blog post, Wood said that despite a brutal stretch that has compelledContinue Reading

Shares of ON Semiconductor Corp. ON, +2.06% shot up 9.0% toward record territory in premarket trading Monday, after the maker of semiconductors for the automotive and industrial markets reported third-quarter adjusted profit that more than tripled to beat expectations, and provided an upbeat fourth-quarter outlook. Net income rose to $309.7Continue Reading