##  [# Hot Reads: Wood’s ARK Takes Bite of Biotech Firm Ginkgo Bioworks ](/sections/daily-hot-reads/hot-reads-woods-ark-takes-bite-biotech-firm-ginkgo-bioworks) 

 

# Hot Reads: Wood’s ARK Takes Bite of Biotech Firm Ginkgo Bioworks 

 

 

Plus, how will retail ETFs respond to big-box stores’ earnings?



 

 

 

 

 [![lisa](/sites/default/files/styles/author_image_icon/public/2023-03/Lisa_0.png?itok=Z95X7Mko "lisa")](/contributors/lisa-barr) 

[By Lisa Barr](/contributors/lisa-barr)

 May 16, 2023

 Edited by: Ron Day

 

 

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[**Cathie Wood Buys Millions of Shares of a Struggling Stock**](https://www.thestreet.com/stocks/cathie-wood-buys-millions-of-shares-of-a-struggling-stock) (The Street)

ARK Invest is embracing biotechnology.

[**What’s in Store for Retail ETFs in Big-Box 1Q Earnings?**](https://finance.yahoo.com/news/store-retail-etfs-big-box-160204644.html) (Yahoo Finance)

The sector is expected to report an earnings decline of 0.1% on 5.2% revenue growth.

[**S&amp;P Barely Budges on Yellen’s Late-Day Notice**](https://www.bloomberg.com/news/articles/2023-05-14/us-equity-futures-fall-baht-gains-rand-rallies-markets-wrap?srnd=etfs&leadSource=uverify%20wall) (Bloomberg)

Two Fed officials signaled they favored pausing rate hikes.

[**Regional Banks May Emerge Winners in Debt Showdown: State Street**](https://www.bloomberg.com/news/articles/2023-05-15/debt-cap-deadline-to-boost-bank-deposits-state-street-says?srnd=etfs&leadSource=uverify%20wall) (Bloomberg)

Debt ceiling deadline could spur unwind of money market trade.

[**Is Active Outperformance Luck or Skill?**](https://www.evidenceinvestor.com/active-outperformance-is-it-luck-or-skill/) (The Evidence Based Investor)

The latest SPIVA Persistence Scorecard shows again that evidence of genuine repeatable skill is rare.

[**Commercial Real Estate, Despite Turmoil, Has Bright Spots**](https://www.institutionalinvestor.com/article/b8yp703cplkg9g/Despite-Turmoil-in-Commercial-Real-Estate-Several-Subsectors-Are-Still-Attractive) (Institutional Investor)

Fundamentals for multifamily housing and industrials remain robust.

[**Tax-Loss Harvesting During a Downturn**](https://www.parametricportfolio.com/blog/tax-loss-harvesting-during-the-downturn) (Parametric Portfolio)

Why not all such opportunities are created equal in a down market.



 

 

 [ Lisa Barr ](/contributors/lisa-barr) 

 

 

  Lisa Barr is a former copy editor at etf.com.   [View Bio](/contributors/lisa-barr)

 



 

 


 Related Topics  [Biotech](http://www.etf.com/topics/biotech) 

 [Biotechnology](http://www.etf.com/topics/biotechnology) 

 [Retail](http://www.etf.com/topics/retail) 

 [Banks](http://www.etf.com/topics/banks)