Text size Cathie Wood’s ARK sold Tesla and bought Nvidia shares in three of its exchange-traded funds on Thursday. Getty Images Cathie Wood seems to have used Nvidia ’s tough day to buy more sto...
Tag: Investing
After selling Nvidia last month, Cathie Wood’s ARK snaps up graphic chipmaker’s stock as it hits 52-week low
That was a quick turnaround. After cutting its stake in Nvidia ahead of the graphic chipmaker’s results last month, Cathie Wood’s ARK Invest has now bought the stock in three of the company’s funds. T...
What does Friday’s jobs report mean for the market? ‘Too hot’ and stocks could tumble, says market pro
With Federal Reserve Chair Powell last week reaffirming plans to keep raising interest rates to bring down inflation despite the risk of recession, Friday’s monthly U.S. jobs report may once again car...
Michael ‘Big Short’ Burry Makes Another Dire Prediction
Michael Burry rose to fame after the 2015 film “The Big Short” depicted his bet on the subprime-mortgage meltdown, which sparked the 2008 financial crisis. The financier has since become ...
Ranking Your 401K Account Against Your Peers
Once in a while, U.S. retirement savers should sit down and compare their 401k amount totals with peers in the same age group. That task is made easier by the California Society of Certified Public Ac...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Broadcom’s Charts Don’t Offer Much Comfort Ahead of Earnings
Broadcom (AVGO) shares are edging lower in pre-market trading here on Thursday ahead of the chipmaker’s third-quarter results after the closing bell. Broadcom is expected to post eanrings of $9....
Jeremy Grantham warns ‘tragedy’ looms as stock ‘superbubble’ may burst
A “superbubble” appears dangerously near its “final act” after the recent rally in U.S. stocks lured some investors back into the market just ahead of potential “tragedy,” according to Jeremy Grantham...
Turn a New Leaf With These Hot Tobacco Dividend Stocks
Tobacco stocks are known for their stable and predictable revenue, high profit margins, and reliable earnings. With their low capital expenditure needs, tobacco stocks also tend to generate significan...
Stock-market summer rally ran out of steam. What history says about September.
A summer U.S. stock-market rally off lows for the year seen in June shuddered to a halt in August, leaving major indexes with monthly losses as investors braced for the start of a traditionally unplea...
The Investment Paradigm Has Flipped
Investing Has Become Much More Difficult getty If your investment portfolio has been struggling recently, it might be time to rethink your strategy. It may well be that what has worked during the past...
Prepare For Labor Day With Three Food Processing Stocks
. Food Processing Stocks Recent News Innovation in food processing technology and an upsurge in the demand for processed food are expected to drive the market over the next few years. The industry is ...
India’s Gautam Adani Becomes World’s Third-Richest person
Elon Musk-Jeff Bezos; Jeff Bezos-Elon Musk: this is the duo that has dominated the ranking of the biggest fortunes in the world for two years now. The Tesla (TSLA) co-founder and Amazon (AMZN) fo...
Opinion: Don’t forget that the big money in stocks is usually made during down markets
The VanEck Semiconductors ETF SMH, -0.90% is down 12%. The Nasdaq Composite Index COMP, -0.29% is down 9%, and the S&P 500 SPX, -0.47%, the Dow Jones Industrial Average DJIA, -0.58% and the Russel...
Dreaming of a Big Inheritance? Don’t Count On It, Financial Advisors Say
Separating fact from fantasy is one of the most valuable services that financial planners can provide to their clients. And a common financial fantasy is that our parents will leave us a sizable inher...
Bitcoin Tests $20k Liquidity Point for Four Consecutive Days
Contributed by Adaptive Analysis. The crypto market has been experiencing a dramatic fall since mid-August. Bitcoin (BTC) has lost almost $100 billion in market capitalization with Ethereum shedding n...
Solana-based Derivative Platform OptiFi Mistakenly Shuts Down Mainnet, Loses Access to $661k
OptiFi, a derivative decentralized exchange (DEX) built on the Solana network, announced the sudden closure of its mainnet on Tuesday, causing users to lose access to the $661,000 worth of assets lock...
Troubled Crypto Lender Hodlnaut Granted Creditor Protection After Suspending Withdrawals
Beleaguered cryptocurrency lender, Hodlnaut, was placed under interim judicial management (IJM) by the Singapore High Court on August 29, a few weeks after the company halted its services due to the r...
Economist predicts a ‘whopper’ of recession in 2023 — and that’s not necessarily due to higher interest rates
Financial markets investors worry the U.S. is on the brink of an economic downturn as central bankers in Jackson Hole reaffirmed their determination to raise interest rates to bring inflation under co...
What? CryptoCom Mistakenly Sent $10M to Woman Instead of $100
Leading cryptocurrency exchange, CryptoCom has made a huge mistake by transferring $10.5 million to a customer while trying to refund $100. The company only realized its mistake seven months after the...
Singapore Investment Firm Temasek to Lead $100M Funding for Animoca Brands
Singapore-based investment firm Temasek Holdings is set to lead a $100 million funding round for the famous Hong Kong-based play-to-earn gaming platform Animoca Brands, Bloomberg reported Tuesday. Te...
The third richest man in the world behind Musk and Bezos is a college dropout whose fortune has surged $60 billion this year
While 499 other billionaires have struggled to add to their fortunes this year, the world’s third richest man has made a whopping $60 billion. With a total net worth of $137 billion, Indian-born Gauta...
Why Financial Independence Starts with Bringing Communities Together
The financial challenges of developing countries are far from those of western countries. Basic financial inclusion is still a big challenge. The ability to send and receive money without hefty paperw...
The stock market typically bottoms before the end of a Fed rate-hike cycle. Here’s how to make that bet pay off.
A lot of money can be made betting on when the Federal Reserve will “pivot” — that is, take its foot at least partially off the rate-hike gas pedal. Yet a lot of money can also be lost, as we saw on A...
5 Essential Ways to Become Rich Investing in Crypto
In order to become successful in any field, including cryptocurrency investment, you need to gain knowledge. Cryptocurrency has become a buzzword in today’s economy. While it is true that the cryptocu...
Baidu Stock Jumps After Q2 Sales Top Forecasts on Cloud Strength
Baidu (BIDU) shares jumped higher Tuesday after the China-based tech giant posted a smaller-than-expected decline in second quarter revenues as cloud sales offset persistent weakness in advertising....
If you need one more reason why stocks will likely lose money in September, here it is.
Finally, investors have a good reason for why the U.S. stock market will suffer above-average volatility and below-average performance this month: It’s the Fed. I say “finally” because market analysts...