Star Investor Cathie Wood Suffers a Huge Blow
The investor has built her reputation on sensing new tech and biotech trends. But she failed on Nvidia, the new darling in artificial intelligence.
The investor has built her reputation on sensing new tech and biotech trends. But she failed on Nvidia, the new darling in artificial intelligence.
NVIDIA, e.l.f. Beauty, Walt Disney, Walgreens Boots Alliance and Cintas are part of the Zacks Market Edge blog.
Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.
Along with the markets’ recent pullback, so has Cathie Wood’s flagship Ark Innovation ETF (ARKK) handed back some of the year’s prior gains. Nevertheless, it has still outpaced the broader markets this year. And despite growing bearish macro concerns, looking at how Wood expects the landscape to shape up, the ARK Invest CEO is optimistic her innovation-first approach will continue to deliver. “I do think that what’s happening this year is that the market is starting to look over the Fed’s moves…
With the obesity market gaining popularity, analysts are expecting sales to increase. Pharma companies are rushing to enter the market
Startup Flipturn really was named for the swimming maneuver. Now it wants to make trucking electrification just as smooth. The post Flipturn swims into fleet electrification integration appeared first on FreightWaves.
Analysts say that the arrival of cheaper, more convenient obesity pills could mean much broader access for patients, and eventually a larger market.
The September sell-off in Dow Jones and S&P 500 stocks is getting so intense, some wonder if it's already overdone.
Is it a good or bad thing when a stock surpasses resistance at the 20-day simple moving average?
Structure said Friday its experimental pill helped patients lose more than 5% of their body weight, and the small biotech stock rocketed.
The Equal Employment Opportunity Commission is suing electric vehicle maker Tesla for a pervasive pattern of racial abuse at a California plant.
Artificial intelligence (AI) has become the hottest trend in the tech sphere. Just take a look at Nvidia Corp. (NASDAQ:NVDA), which has been one of the biggest beneficiaries of investors' increasing enthusiasm for AI. Shares of the chip-making giant have surged 191% year to date, allowing the company to cross $1 trillion in market cap. But according to ARK Invest CEO Cathie Wood, there could be better ways to gain access to the booming sector. "We're really focused on those companies that most p
BlackBerry's (BB) Q2 performance is affected by a decline in revenues across Cybersecurity and IoT business segments
MediWound (MDWD) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
Based on the average brokerage recommendation (ABR), Nvidia (NVDA) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Zacks.com users have recently been watching Verizon (VZ) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
When Costco lists gold bars for sale online, "they're typically gone within a few hours and we limit two per member," its CFO told investors.
The market landscape for 4Q23 is starting to emerge through the fog, and some of the experts at banking giant J.P. Morgan are pleased with what they’re seeing. Despite an end-of-September sell-off sparked by the Fed’s indications of ‘higher rates for longer,’ JPMorgan Global Wealth Management global investment strategist, AJ Oden, believes the S&P 500 will hit a record high next year. According to Oden, the S&P may gain as much as 11% by the middle of next year, to reach above 4,800. Backing his
Cryptos have languished at depressed levels for more than a month. Some analysts see a possible U.S. government shutdown as a catalyst for action.
Per media sources, NIO is in discussion with Mercedes (MBGAF) to gain investment in exchange for its technology.
Pending home sales for August plunged 7.1% from the month before, according to the National Association of Realtors.