Shawn Tully

Shawn Tully

Shawn Tully is a senior editor-at-large at Fortune.

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FILE PHOTO: Cathie Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, U.S., September 13, 2021. REUTERS/Brendan McDermid/File Photo

Cathie Wood’s ARK Innovation ETF has lagged the Nasdaq since 2018—while collecting over $200 million in fees

The glass may be half full when it comes to Powell’s recent stance shift on inflation.

Inflation’s historic 40-year spike comes with surprisingly reassuring news

Cathie Wood of ARK Invest

Cathie Wood’s ARK portfolio is headed for a shipwreck—and plunging tech stocks aren’t even the worst of it

MIAMI, FLORIDA – JUNE 04: MicroStrategy CEO Michael Saylor speaks at the Bitcoin 2021 Convention, a crypto-currency conference held at the Mana Convention Center in Wynwood on June 04, 2021 in Miami, Florida. The crypto conference is expected to draw 50,000 people and runs from Friday, June 4 through June 6th. (Photo by Joe Raedle/Getty Images)

Bitcoin’s plunge below $40K marks a sobering milestone: It now trails the Nasdaq over four years

Illuminated mining rigs operate inside racks at the CryptoUniverse cryptocurrency mining farm in Nadvoitsy, Russia, on Thursday, March 18, 2021. The rise of Bitcoin and other cryptocurrencies has prompted the greatest push yet among central banks to develop their own digital currencies. Photographer: Andrey Rudakov/Bloomberg via Getty Images

Bitcoin mining is being banned in countries across the globe—and threatening the future of crypto

NUR SULTAN, KAZAKHSTAN – JANUARY 5: Security forces increase measures around the Presidential Palace as Kazakhstan declared a state of emergency after protests against fuel price increase spread across the country in Nur Sultan, Kazakhstan on January 5, 2022. (Photo by Turar Kazangapov/Anadolu Agency via Getty Images)

Kazakhstan internet shutdown sheds light on a big Bitcoin mining mystery

Shiller’s famous CAPE recent hit 40, its highest level since the dot.com frenzy of 1998 to 2000

5 reasons why stocks will fare poorly from here

Inflation could end tech stocks’ winning streak in 2022—and pump up these stocks instead

Elon Musk coming out of a car

The trillion-dollar Tesla gamble

2 stunning Tesla charts make the stock’s bull case look like a long shot

By Shawn Tully and Nicolas Rapp

An employee inspects the hardware at the Evobits crypto farm in Cluj-Napoca, Romania. Regulators in Sweden are urging the European Union to ban all Bitcoin mining in the 27-nation bloc.

Bad news for Bitcoin: Sweden wants the EU to ban mining

trillion-dollar-companies-apple-microsoft-alphabet-amazon-tesla

Meet the ‘Trillion Dollar Club’: How 5 companies took over the S&P 500—and likely your portfolio

Unfinished apartment buildings at China Evergrande Group's Health Valley development on the outskirts of Nanjing.

‘China’s economy is hitting a great wall’: Parallels to the ’08 housing crash could unleash a major recession, says University of Chicago economist

Deforestation with bitcoin sign. (3d render)

Offsetting Bitcoin’s carbon footprint would require planting 300 million new trees

Needle about to burst a bubble

A key stock market metric, Robert Shiller’s CAPE ratio, just hit an alarming new high