Hot Reads: Wood’s ARK Scoops Up $12M in Roku Shares

Plus, crypto industry ‘at war’ against U.S. policymakers.

Crypto Industry ‘at War’ Against Gensler, Warren: Blockchain Association CEO (CoinDesk) 

The war won’t last forever, but will probably continue for 18-20 months, Kristin Smith said. 

ARK Bought $12 Million of This Unsteady Stock (The Street) 

Cathie Wood’s firm just snapped up hundreds of thousands of shares of Roku. 

Stock Market Investors Want Fed to Answer a Crucial Question (MarketWatch) 

Will policymakers halt further rate rises to assess the damage from inflation-cutting campaign? 

Major Wall Street Firm Sees Breakout in Luxury Stocks (CNBC) 

State Street Global Advisors shares three reasons why ETFs are a great way to play this. 

The Housing Market Is Shifting (Fortune) 

Through the first few months of 2023, homebuilders see fortunes improve as demand stabilizes. 

Musk Makes Dire Economy Prediction (The Street) 

Tesla founder says his data shows the economy is in a mild recession and could worsen. 

5 Economists React to PCE Inflation (Benzinga) 

What actions will the Fed take after its May meeting?