Investment hotshot Cathie Wood, chief executive of Ark Investment Management, on Thursday continued to gobble up beleaguered stocks. That included a cryptocurrency exchange and a videogame-development...
Tag: Investing Stocks
Buy Like Buffett or Pass on Apple After 10% Two-Day Skid?
During market corrections, they say the general fall last. At its peak, Apple (AAPL) – Get Apple Inc. Report sported a $3 trillion market cap, firmly entrenching itself as a market general. Eve...
Tesla Rival Says it Will Build $30K Electric SUV in Ohio
One of the biggest stories in the EV world continues to be if Lordstown Motors (RIDE) – Get Lordstown Motors Corp. Class A Report agreement to sell its Ohio manufacturing to Taiwan-based Foxcon...
Cathie Wood Watch: Ark Buys Coinbase After Rout
Cathie Wood, chief executive of Ark Investment Management, traded familiar names Thursday, purchasing a cryptocurrency exchange and selling a digital entertainment company. All the valuations below ar...
Norwegian Cruise Stock: Is It a Buy After ‘Inflection’ Quarter?
Norwegian Cruise Line (NCLH) – Get Norwegian Cruise Line Holdings Ltd. Report stock on Tuesday has been all over the place. For that matter, the stock has been all over the place for several da...
Billionaire Michael Saylor Tries to Reassure as His Bitcoin Bet Falters
The ongoing crypto market crash is a big test for bitcoin evangelists like Michael Saylor. Prices for the king of cryptocurrencies have plummeted from $69,044.77 in November to around $31,000 current...
Three REITs Stand Strong Amid Slump: Morningstar’s Take
Real estate investments in recent months have hit the skids amid rampant inflation, soaring interest rates and fears of recession. The total return of the FTSE Nareit All Equity REITs index slumped 16...
Forget Caesars and MGM. The Las Vegas Strip Has a Secret Leader.
Las Vegas has a lot of big-name operators that grab the spotlight. Caesars Entertainment (CZR) – Get Caesars Entertainment Inc Report, for example, has its name splashed across its signature pro...
Cramer’s Mad Money Recap 5/9: Nvidia, Rivian, GoodRx
When all else fails, well, that’s pretty much the bottom, Jim Cramer told his Mad Money viewers after another gloomy Monday on Wall Street. This was the day we saw the last beloved sector of the...
Peloton Wants to Believe in Life After Lockdown
On May 24, 2021, Peloton Interactive’s (PTON) – Get Peloton Interactive, Inc. Class A Report then-President William Lynch had exciting news. Lynch announced the interactive fitness compan...
Will Coinbase’s Bet on NFTs Go Wrong?
It is a bold bet in which Coinbase (COIN) has embarked. The crypto trading platform has just opened its non-fungible token trading platform to everyone on May 4, two weeks after its launch. But th...
Lucid Makes a Bold Decision to Solve A Big Problem
Lucid Group (LCID) – Get Lucid Group, Inc. Report tries to send positive signals. The electric vehicle manufacturer, whose main shareholder is Saudi Arabia’s sovereign wealth fund Public...
Ford Might Have Very Bad News for Rivian
The first quarter was very tough for Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report and its shareholders. The latter saw the value of their stake melt away as shares of the upstart...
Robinhood Goes All Out to Stop Bleeding
The past few months have looked like an endless ordeal for Robinhood (HOOD) – Get Robinhood Markets, Inc. Class A Report shareholders. Shares of the brokerage app that wanted to democratize fi...
Embattled Electric Truck Maker Nikola Delivers Good News
Nikola (NKLA) – Get Nikola Corporation Report just kept a promise. The electric truck manufacturer has just taken an important step in its young history. And it’s a step that could chang...
Should I Sell My Stocks Now?
While the May 5 stock market crash shook a lot of investors, it really just continued a trend. A number of stocks that had delivered tremendous returns during the pandemic have seen their prices fall ...
Cathie Wood Watch: Ark Buys Shopify, Coinbase, LatAm E-Commerce Firm
Investment luminary Cathie Wood, chief executive of Ark Investment Management, on Thursday bought and sold familiar names, including a Latin American e-commerce company. Wood snagged several technolog...
Uber Stock Is Rolling Over. Is It a Buy Now?
Uber (UBER) – Get Uber Technologies, Inc. Report stock was hit hard on Wednesday, driven partly by the action in ride-sharing rival Lyft (LYFT) – Get Lyft, Inc. Class A Report. In the fa...
Rivian Has News That May Ease Concern Among Investors
Rivian (RIVN) – Get Rivian Automotive, Inc. Class A Report is trying to break a bad streak. As athletes well know, a few subpar performances can undermine morale. They train, repeat that they&...
Cramer’s Mad Money Recap 5/2: Coca-Cola, American Express, Visa
When there’s no place to hide and every stock is going down at once, that doesn’t have anything to do with the companies themselves, Jim Cramer told his Mad Money viewers Monday. All inves...
Tesla Has Some Bad News for Its Investors and Fans
Tesla’s (TSLA) – Get Tesla Inc Report investors and fans will have to wait — patiently or not. Many of them had May 2 marked on their calendars as the date on which the manufacture...
Cathie Wood Watch: Ark Buys a Sagging Healthcare Stock
Renowned investor Cathie Wood, chief executive of Ark Investment Management, did more selling than buying on April 29, including the sale of a personalized-health-care-benefits provider for companies....
Buffett Blasts Wall Street as a Casino; Munger Attacks Robinhood
Wall Street’s encouragement of investors taking speculative and highly risky moves in their investments have made it more of a “gambling parlor,” Berkshire Hathaway CEO Warren Buffet...
Elon Musk Has an Original Way to Outshine Warren Buffett
Elon Musk is the new Oracle. This title which is accompanied by the respect of both Wall Street and Main Street was previously attributed to the legendary investor Warren Buffett, 91, who is called t...
Billionaire Jeff Bezos lost $20.5 billion in 24 hours
Jeff Bezos is $20.5 billion more poor. The second richest man in the world lost this huge sum in 24 hours. To be more precise, this big loss happened during the April 29 stock market session. Do not...
Amazon and Ford Have a Big Problem They Can’t Control
Amazon (AMZN) – Get Amazon.com, Inc. Report and Ford (F) – Get Ford Motor Company Report operate in two different sectors. The first is in online commerce, streaming, sport and, above a...
Cathie Wood’s Worst Nightmare Comes True
In 2020, the world went into lockdown. Health officials declared Covid-19 a global pandemic and planes stopped flying, bars, gyms and theaters closed, and people retreated to their homes to wait out t...
Apple Stock: Here’s How to Trade It After the Earnings Report
Apple (AAPL) – Get Apple Inc. Report isn’t saving the markets on Friday, but it’s not delivering the other half of the one-two punch that could have crushed the markets either. In other words, ...
Black Friday for The FAANG Who May Lose a Member
It’s a first quarter that will leave a lot of scars. While concerns were already surrounding tech as the Federal Reserve hiked interest rates to curb inflation, there was still hope that tech t...
The Stock Market’s Crashing. Should You Worry?
Despite the stock market’s recent sell-off, sticking to your investment plan is still the best strategy. There’s evidence that the market may bounce soon in what is known as a relief rally...