September 16, 2021
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September 15, 2021
Cathie Wood Continues To Trim Tesla Stake, Selling Another $66M Worth Of Shares
Ark Invest on Tuesday further lowered some of its exposure in Tesla Inc, booking profits in the stock as it showed some signs of recovery in the recent days after months of dull performance.
September 14, 2021
Amazon, Facebook And 5 Other Internet Companies To Play The Top Tech Themes For 2021 And Beyond
Analyst Eric Sheridan identified the top 10 themes for the U.S. internet sector that could fuel growth in some of these stocks in 2021 and beyond.
September 13, 2021
5 Headlines From This Weekend You May Have Missed
September 7, 2021
Cathie Wood’s Ark Completely Exits All Alibaba Positions, Continues Piling Up Stake In This Chinese Rival
Cathie Wood-led money managing firm Ark Invest on Friday shed all of its exposure in Chinese e-commerce biggie Alibaba while continuing to snap up shares in rival JD.Com.
September 3, 2021
4 Ways Congress Could Move Markets In September
When the U.S. Congress returns from its summer recess in September, it will face four major market-moving issues right out of the gate.
September 2, 2021
Cathie Wood’s Ark Nearly Erases Alibaba Stake, Sells $3M In Google
Cathie Wood’s Ark Invest now holds just about 700 shares in Alibaba Group Holding after the money managing firm on Wednesday further reduced its exposure in the e-commerce giant.
September 1, 2021
Attention Biotech Investors: Mark Your Calendar For September PDUFA Dates
Here’s a look at what’s ahead in September. Mark Your Calendar For September PDUFA Dates.
August 30, 2021
Pinduoduo Better Positioned Than Alibaba, Other Rivals In China: Why Cathie Wood’s Ark Is Bullish
Pinduoduo Inc is better able to improve its relationship with the Chinese government compared to rivals such as Alibaba and JD.com, according to Cathie Wood-led asset management firm Ark Invest.
August 26, 2021
GameStop Powers Up For Bullish Break, Institutions Hammer Calls
GameStop Corporation GME surged 35% higher at one point Tuesday afternoon and slammed into a resistance level at the $277 mark.
August 23, 2021
PayPal Launches Crypto Trading In The UK
According to a press release on Monday, PayPal has opened up crypto trading for its customers based in the U.K., allowing them to buy, sell and hold cryptocurrencies beginning this week.
August 19, 2021
SEC Charges 3 Former Netflix Software Engineers With Insider Trading
Three Netflix Inc engineers and two others were charged by the U.S. Securities and Exchange Commission with insider trading on Wednesday.
August 18, 2021
Palantir’s Unusual Investments In SPACs And Gold: What You Need To Know
Palantir has been forging unique relationships with startup companies, using the investment route to bring them under its client umbrella.
August 16, 2021
Why Regulatory Risk Is A Silver Lining For Apple And Google
The threat of regulation has been looming over big tech giants. The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change.
August 12, 2021
Chip Shortage In Focus With US Automakers
August 9, 2021
Coinbase Joins Google, Salesforce Among Most Active Venture Capital Investors
Coinbase Global Inc’s venture funding arm Coinbase Ventures was the third-most active corporate venture capital fund in the first half of 2021, according to data compiled by CB Insights, which keeps a track on private investments.
August 6, 2021
Apple Supplier Foxconn To Buy $90.7M Wafer Fab In Bid To Ramp Up EV Foray
Apple Inc supplier Hon Hai Precision Industry Co., Ltd, also known as Foxconn, said Thursday that it was buying a semiconductors plant from Macronix International in a deal worth $91 billion.
August 5, 2021
Cathie Wood’s Ark Invest Sells Another $5.7M In Tesla
Cathie Wood-led Ark Invest on Wednesday shed less than half a percent of its position in Elon Musk-led Tesla as the shares of the electric vehicle company climbed.
August 4, 2021
Why An S&P 500 Buyback Boom Could Be Just Around The Corner
Is the burst of earnings growth likely be a huge increase in S&P 500 share buybacks? In 2018 and 2019, 99% and 93% of S&P 500 net operating profits went to either dividends or buybacks.
August 3, 2021
Alibaba Rival JD Plans A Gaming Foray: What You Need To Know
Chinese e-commerce player JD.com Inc
JD
is pumping in money in its gaming business to ensure it becomes the go-to place for young customers to shop all gaming-related goods, CNBC reported on Monday, citing a company executive.
August 2, 2021
Can The US Infrastructure Bill ‘Kill’ Major Cryptocurrencies Like Bitcoin, Ethereum, Dogecoin?
The updated bipartisan infrastructure bill under debate in the Senate, which will be financed in part by cryptocurrency transactions, now specifies that only persons that provide digital asset transfers would be treated as brokers.
July 29, 2021
Nokia Reports Q2 Earnings Beat: Is The Underdog Firmly Back In 5G Race?
Nokia Oyj NOK on Thursday reported second-quarter results that beat analysts’ estimates and also raised its full-year net sales outlook.
July 28, 2021
Goldman Sachs Files An ‘Innovate DeFi And Blockchain’ ETF
Wall Street giant Goldman Sachs Group Inc (NYSE:GS) plans to launch a new investment product that will give investors exposure to the DeFi and blockchain industry.
July 27, 2021
Snapchat, Twitter-Backed Indian Social Media Unicorn Raises Another $145M
Indian social media startup ShareChat has raised $145 million in its latest funding round, it said in a statement late Monday, as reported by Reuters.
July 26, 2021
Bitcoin Teases $40,000 — Are We Seeing A Short Squeeze?
Bitcoin (CRYPTO: BTC) is reportedly ripe for a short squeeze as bullish sentiment picks up and prices move towards the middle point of the $30,000 range.
July 20, 2021
Is Now The Time To Buy Into Nvidia, AMC, Or GameStop?
These stocks (NVDA,AMC,GME) are seeing high retail investor interest on social media at press time early Tuesday.
July 14, 2021
Neighborhood Social Media Platform Nextdoor Lands SPAC Deal With Khosla: What Investors Should Know
The SPAC Deal: Nextdoor announced a deal with Khosla Ventures Acquisition Co. II (KVSB) that values the company at a pro forma equity value of $4.3 billion.
July 12, 2021
Walmart Indian Unit That Rivals Amazon Raises $3.6B In Fresh Capital
Walmart-owned Indian e-commerce retailer Flipkart said on Monday it has raised $3.6 billion from a consortium of investors including Japan’s SoftBank Group.
July 8, 2021
3 Reasons To Stay Bullish On Stocks In The Second Half Of 2021
Bank of America analyst Stephen Suttmeier took a look back at the S&P 500’s historical performance and found at least three reasons history suggests investors should still feel comfortable buying stocks heading into the second half of the year.
July 7, 2021
Universal Pictures Strikes Pay-One Deal With Peacock In A Blow To HBO
Comcast Corp.’s movie studio Universal Pictures has entered into a multi-year deal with sister streaming service Peacock to exclusively stream its new films within four months of their theatrical debut.
