AMC Entertainment (AMC) – Get AMC Entertainment Holdings, Inc. Class A Report leaped out of the gate on May 31, the first trading day of a holiday-shortened week. The shares moved up as much as...
Tag: Investing Stocks
Cathie Wood Watch: Ark Piles Into Nvidia, Buys an AI Biotech
Renowned investor Cathie Wood, chief executive of Ark Investment Management, for a second day bought big into one of the world’s biggest semiconductor makers after staying away from it for at least se...
Aurora Cannabis Slashing Weed Capacity in Profitability Push
Aurora Cannabis (ACB) – Get Aurora Cannabis Inc. Report needs to cut costs after going on a spending spree, and the company is willing to seriously reduce capacity to do so. Two weeks after an...
Yum! Brands Stock: Delicious Chart or Rotten Price Action?
Yum! Brands (YUM) – Get Yum! Brands, Inc. Report has been on fire lately. While the stock is up just 1% on Friday, a gain today would cement the stock’s seventh straight daily gain. In that str...
Cathie Wood Watch: Buys Nvidia, Organ-Transplant-Services Provider
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on May 26 bought into one of the world’s biggest and most prominent semiconductor makers, for the first time in at least se...
Cathie Wood Watch: Buys Tesla, Roku, Coinbase, Gene-Editing Firm
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on May 25 bought and sold some familiar names. All valuations below are as of Thursday’s close. For the third straight day,...
Elon Musk and Tesla Set Their Sights on a Popular Industry
Elon Musk and Tesla (TSLA) – Get Tesla Inc Report completely changed the automotive industry. Five years ago, legacy vehicle manufacturers were still skeptical about the turn to electrificatio...
‘Big Short’ Michael Burry Awakens Ghosts of the 2008 Financial Crisis
Are we about to relive the financial crash of 2008? The question is begining to cross people’s minds since a cryptic tweet on May 24 from iconic investor Michael Burry, known to be one of the f...
What’s Wrong with Facebook, Amazon and Google?
It’s a black spring for tech giants. For several weeks now, billions of dollars of market capitalization have been disappearing on a daily basis as investors’ nervousness grows. One unwe...
Stocks Will Sink Further, Economist Rosenberg Says
Stocks are slumping, with the S&P 500 down 18% year to date. And prominent Wall Street economist David Rosenberg says the carnage isn’t over. “We always believed these past two years represented a...
Cathie Wood Watch: Ark Reverses Course on Electric-Vehicle Titan Tesla
The prominent investor Cathie Wood, chief executive of Ark Investment Management, reversed course on a big electric-vehicle maker in her May 23 trading. Ark also bought and sold some familiar names. A...
Carvana Is a Great Business (But a Terrible Stock to Invest In)
I’ll never buy a car from any business aside from Carvana (CVNA) – Get Carvana Co. Class A Report ever again. That’s how my wife and I have purchased our last three cars and it’...
Mark Zuckerberg Could Pay for 2016 Election Scandal Personally
Mark Zuckerberg could be the one to pay for the past sins of Facebook. After Donald Trump’s U.S. Presidential election victory in 2016, Facebook was accused of letting Cambridge Analytica, a co...
Markets: The Correction Is Not Over Yet
The recent selloff in the stock market could be the start of a reprieve, hedge fund experts and market strategists said. The Dow rose by 618 points or 1.98% on Monday following Friday’s downturn that ...
How to Invest During a Stock Market Crash/Bear Market
Nobody knows when a stock (or the stock market) has hit bottom. People can speculate — and every analyst hoping for a little bit of television fame most certainly will — but no person, no ...
Why You Shouldn’t Worry About Costco Stock
The market crash has driven stocks into a bear market panicking many investors as strong companies with solid results see their shares tank. It’s a market that seems to have no safe havens as th...
Microsoft Has a Nice Surprise for Employees
In 1977, the song “Take This Job and Shove It” hit number one on the country music charts and stayed there for two weeks. Today’s workers may not know the song, but many of them are ...
Why I’m Not Worried About the Stock Market Crash
We’re not living in 1929. It’s important to remember that as we watch the stock market crash and our personal net worth take a big hit. While that has certainly happened, it’s import...
Nvidia Stock Is Less Than Half Its Recent High. Is It Now a Buy?
In the fourth quarter, Nvidia (NVDA) – Get NVIDIA Corporation Report stock was hitting all-time highs. The graphics-chip specialist was joined by Advanced Micro Devices (AMD) – Get Advan...
Cathie Wood Watch: Ark Buys International-E-Commerce, Biotech Stocks
Renowned investor Cathie Wood, chief executive of Ark Investment Management, bought shares of a biotech and a technology company focused on enabling international e-commerce. She also sold four compan...
Cramer’s Mad Money Recap 5/17: Apple, Tesla, Disney
There were a lot of new narratives on Wall Street today, Jim Cramer told his Mad Money viewers, and that’s great news for the bulls. If the good news continues overnight, look for the rally to c...
Crypto Rout: Another Stablecoin Falls After UST and Luna
Crypto investors no longer know where to turn. Crypto pricing is now correlated with the stock market, which means that, as the saying goes, when the stock market coughs, digital-currency prices catc...
Michael ‘Big Short’ Burry Shorts Apple
Infamous investor Michael Burry of “The Big Short” has bet against Apple ( (AAPL) – Get Apple Inc. Report), according to a SEC filing. During the first quarter, Burry, a hedge fund i...
Billionaire George Soros Ditches GM
If it were up to iconic investor and short-seller George Soros to pick the winners of automotive electrification, General Motors (GM) – Get General Motors Company Report would have a lot to wor...
Warren Buffett Buys Stocks On the Dip
Billionaire Warren Buffet has been acquiring stocks on the dip during the recent market downturn and bulking up his stakes in oil companies such as Occidental ( (OXY) – Get Occidental Petroleum ...
Has Cathie Wood’s ARKK Bottomed? Here’s a Look at the Chart.
Ark Innovation Fund (ARKK) – Get ARK Innovation ETF Report has held investors’ attention for several years. When the covid-19 pandemic struck, it was hit hard like everything else. The fu...
Will Apple Come to The Rescue of a Struggling Tesla Rival?
The next few months will be decisive for Canoo (GOEV) – Get Canoo Inc. Class A Report, the upstart manufacturer of electric vehicles. Its horizon, like that of most car manufacturers, is curre...
Apple Loses A Major Title
Apple (AAPL) – Get Apple Inc. Report just lost a coveted title. The iPhone maker snagged that crown in 2020 on financial performance that made investors dizzy on strong sales of its hardware &...
George Soros Backs Bet on Rivian as Ford Delivers Bad News
Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report got scared but the electric vehicle maker made up for it well. The young manufacturer of electric SUVs and pickups has just cleared s...
Bitcoin Billionaire Fortunes Plummet in Crypto Meltdown
It’s an early May to forget for crypto billionaires. In a few days they saw their efforts reduced to nothing. For years they fought to convince the general public and the authorities that bitc...