Saevus personal page - To The Moon

Saevus

Saevus

No personal profile

4Follow

1Followers

0Topic

0Badge

02-10

Guys I can't do everything [Cry]

02-09

Top 50 spots are eligible for rewards, we're almost there. Work a little harder and smarter and we'll get some free goodies for CNY :)

03-04

That means we buy now

12 Tech Stocks To Sell Right Now According To Cathie Wood

03-05

I got the moolah

02-07

Time to sell PLTR.

Cathie Wood Joins Palantir Party As Ark Hoards $43M Palantir Stock Following 30% Post-Earnings Spike

04-08

Musk literally said Reuters was lying.

Tesla shifts focus from affordable EVs to 'robotaxis'

01-13

$COIN 20240112 140.0 CALL$ 8.9% gain in capital. If you can't beat them join them. Don't resist the market.

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3582155761498710","uuid":"3582155761498710","gmtCreate":1619071168061,"gmtModify":1706385290643,"name":"Saevus","pinyin":"saevus","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","hatId":"award-a6197a578fe7778e8d49a95ac425bcfc","hatName":"2024新年头像框-虎币抽奖","vip":1,"status":2,"fanSize":1,"headSize":4,"tweetSize":7,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":0,"name":"","nameTw":"","represent":"","factor":"","iconColor":"","bgColor":""},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"4e86300037264823b9bb00ff44fc0f19-3","templateUuid":"4e86300037264823b9bb00ff44fc0f19","name":"Live trading challenger","description":"for 6 months","bigImgUrl":"https://community-static.tradeup.com/news/1f5e9ba8fa00e845d15505fef84941ce","smallImgUrl":"https://community-static.tradeup.com/news/890d6c2bdab9dd1b255a1e7e9ae2264f","grayImgUrl":"https://community-static.tradeup.com/news/aeea12778e0c2c686984e1efc3ed8fd4","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.08.03","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":5600},{"badgeId":"3e5a625780d3411098f7e72115f69f0a-2","templateUuid":"3e5a625780d3411098f7e72115f69f0a","name":"Total trades","description":"Cumulative for 500 trades","bigImgUrl":"https://community-static.tradeup.com/news/2a7aad6bbb003528533cf7367bf71a7d","smallImgUrl":"https://community-static.tradeup.com/news/545c65027673fd17e3ac5c2df0917fc4","grayImgUrl":"https://community-static.tradeup.com/news/4875da396980e5cdbae95a7cbf265454","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.07.12","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":5100},{"badgeId":"23f878ed27704312ae41c7f17e73b319-6","templateUuid":"23f878ed27704312ae41c7f17e73b319","name":"Annualised return","description":"Top 3%","bigImgUrl":"https://community-static.tradeup.com/news/6fbaa8e552e02eae8e6a2ce5d6566431","smallImgUrl":"https://community-static.tradeup.com/news/98862e418516dab972bed7aaf561dec6","grayImgUrl":"https://community-static.tradeup.com/news/3a5ca933a5695ed2e862b228f6c09ee5","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.08","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":5300},{"badgeId":"f00de38e20574ad1abf55a15966547c8-5","templateUuid":"f00de38e20574ad1abf55a15966547c8","name":"Average winning trade","description":"Top 5%","bigImgUrl":"https://community-static.tradeup.com/news/11b371f51be5f5ea4808392abb441ff5","smallImgUrl":"https://community-static.tradeup.com/news/ee729a64671bd9f8eab455f50eb1bb88","grayImgUrl":"https://community-static.tradeup.com/news/a2051caaa16384dbbb843d164610bb2e","redirectLinkEnabled":0,"redirectLink":"https://www.tigerbrokers.com.sg/activity/market/2023/stock-contest?adcode=StockContest2023","hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.02.06","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":5200},{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.23","exceedPercentage":"93.18%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"44212b71d0be4ec88898348dbe882e03-3","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"President Tiger","description":"The transaction amount of the securities account reaches $1,000,000","bigImgUrl":"https://static.tigerbbs.com/fbeac6bb240db7da8b972e5183d050ba","smallImgUrl":"https://static.tigerbbs.com/436cdf80292b99f0a992e78750ac4e3a","grayImgUrl":"https://static.tigerbbs.com/506a259a7b456f037592c3b23c779599","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.18","exceedPercentage":"93.52%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.17","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":9,"currentWearingBadge":{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.01.23","exceedPercentage":"93.70%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},"individualDisplayBadges":null,"crmLevel":8,"crmLevelSwitch":1,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":1,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":292888970027128,"gmtCreate":1712532436125,"gmtModify":1712532440151,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582155761498710","idStr":"3582155761498710"},"themes":[],"htmlText":"Musk literally said Reuters was lying.","listText":"Musk literally said Reuters was lying.","text":"Musk literally said Reuters was lying.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/292888970027128","repostId":"2425675454","repostType":2,"repost":{"id":"2425675454","kind":"highlight","pubTimestamp":1712527383,"share":"https://ttm.financial/m/news/2425675454?lang=&edition=fundamental","pubTime":"2024-04-08 06:03","market":"us","language":"en","title":"Tesla shifts focus from affordable EVs to 'robotaxis'","url":"https://stock-news.laohu8.com/highlight/detail?id=2425675454","media":"Informed Investor","summary":"Goodbye, Tesla, and Elon Musk&#39;s pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead concentrate on the increasingly discredited idea of a &#39;robotaxi.&#39;","content":"<html><body><br/>Goodbye, Tesla, and Elon Musk's pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead concentrate on the increasingly discredited idea of a 'robotaxi.'<br/><br/>That was a development Musk hurriedly confirmed in a post on his X platform soon after the Reuters story appeared.<br/><br/>The Reuters report and Musk's confirmation came the same week as Tesla started an interest-free offer to prospective buyers in China of its Model Y and 3 vehicles produced at its huge factory in Shanghai, as the sales war intensifies.<br/><br/>The exclusive Reuters report drew that immediate reaction from Musk - but not Tesla.<br/><br/>Tesla said nothing, Musk 'Xed' (Tweeted) that Tesla would unveil its robotaxi on August 8 - not the actual vehicle, but the idea.<br/><br/>One analyst reckoned the real story is that the company’s first-quarter results - due out April 23 - will be so weak that Musk needs a diversion and the unwanted robotaxi is it.<br/><br/>Reuters said in its report, and other analysts made similar points over the weekend, that the robotaxi doesn't work and Tesla's self-driving mode for its existing vehicles is a $US12,000 option or a $US199 monthly subscription.<br/><br/>But the company’s online sales brochures make the point in small type that the system needs constant driver scrutiny - in other words, a Tesla with the option still needs to be driven.<br/><br/>Tesla shares fell 3.6% in regular trading in the wake of the Reuters report but around 4% after-hours on the tweet from Musk. The shares lost more than 6% in the week (before the after-hours kick-up).<br/><br/>Overall demand for EVs in the US has slowed significantly — notching just 3.3% growth in sales growth in the March quarter, with stocks of unsold models of Tesla's best-selling car, the Model Y, at their highest ever, prompting big price cuts.<br/><br/>Earlier last week, the company also reported that total deliveries of its vehicles declined for the first time in almost four years.<br/><br/>Reuters had reported in its story that Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by the news agency.<br/><br/>\"The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.<br/><br/>\"The decision represents an abandonment of a longstanding goal that Tesla chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. His first 'master plan' for the company in 2006 called for manufacturing luxury models first, then using the profits to finance a 'low-cost family car.'<br/><br/>\"He has since repeatedly promised such a vehicle to investors and consumers. As recently as January, Musk told investors that Tesla planned to start production of the affordable model at its Texas factory in the second half of 2025, following an exclusive Reuters report detailing those plans.<br/><br/>Tesla’s cheapest current model, the Model 3 sedan, retails for about $US39,000 in the United States. The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $US25,000.<br/><br/>Tesla faces growing competition from Chinese electric-vehicle makers (led by BYD) flooding the market with cars priced as low as $US10,000.<br/><br/>The plan for driverless robotaxis, which could take longer to deliver, presents a stiffer engineering challenge and more regulatory risk.<br/><br/>\"Two sources said they learned of Tesla's decision to scrap the Model 2 in a meeting attended by scores of employees, with one of them saying the gathering happened in late February.\"<br/><br/>“Elon’s directive is to go all-in on robotaxi,” that person said. Reuters reported that the new plans call for robotaxis to be produced, but in much lower volumes than had been projected for the Model 2.<br/><br/>One event last week underlined just how far Tesla had fallen behind China’s EC companies. BYD teased by releasing pictures of a conventionally styled EV pickup to take on the underperforming EV offerings like the Ford Ranger and F-150 Lightning, the Toyota Hilux, and the Tesla Cybertruck.<br/><br/>Chinese car websites said BYD hasn’t talked about price but the reports pointed out that the price will be a lot less than the near $US100,000 Musk has been talking about for its monster Cybertruck (a pickup) and the $US80,000 to $US100,000 for EV versions of Ford and GM pickups.<br/><br/>They pointed out there are a large number of restrictions on owning and operating pickups in China (they can’t go at more than 100 KPH, other cars are allowed to go 20 kph faster, pickups have to be scrapped after 15 years, and they have to undergo annual inspections - ordinary sedans and SUVs don’t.<br/><br/>Geely launched a pickup-style vehicle in 2022 but has been selling it outside China, starting in Laos. Geely controls Volvo, and a pickup-style vehicle could be an option for Europe produced by the Swedish group.<br/><br/>Chinese analysts said it is being aimed at offshore markets southern Asia, India, parts of Africa, Australia, NZ where there is a pickup (ute) culture established).<br/><br/>American business media pointed out that the robotaxi idea is not very successful in the US with several stuttering ventures<br/><br/>Alphabet’s autonomous vehicle unit Waymo operates driverless ride-hailing services in Phoenix, San Francisco, and Los Angeles, and is now ramping up in Tesla’s home base of Austin, Texas.<br/><br/>GM’s Cruise service previously offered self-driving car services in San Francisco, before being wound down under regulatory scrutiny after an accident.</body></html>","source":"informedinvestor","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shifts focus from affordable EVs to 'robotaxis'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shifts focus from affordable EVs to 'robotaxis'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-08 06:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.sharecafe.com.au/2024/04/08/tesla-shifts-focus-from-affordable-evs-to-robotaxis/><strong>Informed Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goodbye, Tesla, and Elon Musk's pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead ...</p>\n\n<a href=\"https://www.sharecafe.com.au/2024/04/08/tesla-shifts-focus-from-affordable-evs-to-robotaxis/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://informed-investor.s3.ap-southeast-2.amazonaws.com/images/News/36ef4c799e69de9ff4c907bf96a36c01e25a6da1.jpg","relate_stocks":{"LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4592":"伊斯兰概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","TSLA":"特斯拉","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4527":"明星科技股","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4588":"碎股","BK4550":"红杉资本持仓","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4574":"无人驾驶","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4581":"高盛持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","BK4099":"汽车制造商","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC"},"source_url":"https://www.sharecafe.com.au/2024/04/08/tesla-shifts-focus-from-affordable-evs-to-robotaxis/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2425675454","content_text":"Goodbye, Tesla, and Elon Musk's pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead concentrate on the increasingly discredited idea of a 'robotaxi.'That was a development Musk hurriedly confirmed in a post on his X platform soon after the Reuters story appeared.The Reuters report and Musk's confirmation came the same week as Tesla started an interest-free offer to prospective buyers in China of its Model Y and 3 vehicles produced at its huge factory in Shanghai, as the sales war intensifies.The exclusive Reuters report drew that immediate reaction from Musk - but not Tesla.Tesla said nothing, Musk 'Xed' (Tweeted) that Tesla would unveil its robotaxi on August 8 - not the actual vehicle, but the idea.One analyst reckoned the real story is that the company’s first-quarter results - due out April 23 - will be so weak that Musk needs a diversion and the unwanted robotaxi is it.Reuters said in its report, and other analysts made similar points over the weekend, that the robotaxi doesn't work and Tesla's self-driving mode for its existing vehicles is a $US12,000 option or a $US199 monthly subscription.But the company’s online sales brochures make the point in small type that the system needs constant driver scrutiny - in other words, a Tesla with the option still needs to be driven.Tesla shares fell 3.6% in regular trading in the wake of the Reuters report but around 4% after-hours on the tweet from Musk. The shares lost more than 6% in the week (before the after-hours kick-up).Overall demand for EVs in the US has slowed significantly — notching just 3.3% growth in sales growth in the March quarter, with stocks of unsold models of Tesla's best-selling car, the Model Y, at their highest ever, prompting big price cuts.Earlier last week, the company also reported that total deliveries of its vehicles declined for the first time in almost four years.Reuters had reported in its story that Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by the news agency.\"The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.\"The decision represents an abandonment of a longstanding goal that Tesla chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. His first 'master plan' for the company in 2006 called for manufacturing luxury models first, then using the profits to finance a 'low-cost family car.'\"He has since repeatedly promised such a vehicle to investors and consumers. As recently as January, Musk told investors that Tesla planned to start production of the affordable model at its Texas factory in the second half of 2025, following an exclusive Reuters report detailing those plans.Tesla’s cheapest current model, the Model 3 sedan, retails for about $US39,000 in the United States. The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $US25,000.Tesla faces growing competition from Chinese electric-vehicle makers (led by BYD) flooding the market with cars priced as low as $US10,000.The plan for driverless robotaxis, which could take longer to deliver, presents a stiffer engineering challenge and more regulatory risk.\"Two sources said they learned of Tesla's decision to scrap the Model 2 in a meeting attended by scores of employees, with one of them saying the gathering happened in late February.\"“Elon’s directive is to go all-in on robotaxi,” that person said. Reuters reported that the new plans call for robotaxis to be produced, but in much lower volumes than had been projected for the Model 2.One event last week underlined just how far Tesla had fallen behind China’s EC companies. BYD teased by releasing pictures of a conventionally styled EV pickup to take on the underperforming EV offerings like the Ford Ranger and F-150 Lightning, the Toyota Hilux, and the Tesla Cybertruck.Chinese car websites said BYD hasn’t talked about price but the reports pointed out that the price will be a lot less than the near $US100,000 Musk has been talking about for its monster Cybertruck (a pickup) and the $US80,000 to $US100,000 for EV versions of Ford and GM pickups.They pointed out there are a large number of restrictions on owning and operating pickups in China (they can’t go at more than 100 KPH, other cars are allowed to go 20 kph faster, pickups have to be scrapped after 15 years, and they have to undergo annual inspections - ordinary sedans and SUVs don’t.Geely launched a pickup-style vehicle in 2022 but has been selling it outside China, starting in Laos. Geely controls Volvo, and a pickup-style vehicle could be an option for Europe produced by the Swedish group.Chinese analysts said it is being aimed at offshore markets southern Asia, India, parts of Africa, Australia, NZ where there is a pickup (ute) culture established).American business media pointed out that the robotaxi idea is not very successful in the US with several stuttering venturesAlphabet’s autonomous vehicle unit Waymo operates driverless ride-hailing services in Phoenix, San Francisco, and Los Angeles, and is now ramping up in Tesla’s home base of Austin, Texas.GM’s Cruise service previously offered self-driving car services in San Francisco, before being wound down under regulatory scrutiny after an accident.","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":280811538694304,"gmtCreate":1709582697237,"gmtModify":1709582703041,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582155761498710","idStr":"3582155761498710"},"themes":[],"htmlText":"I got the moolah&nbsp;","listText":"I got the moolah&nbsp;","text":"I got the moolah","images":[{"img":"https://community-static.tradeup.com/news/1ececd77cfa78c62496580d9a688e838","width":"906","height":"1406"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/280811538694304","isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4169158142908722","authorId":"4169158142908722","name":"DeeToksNZ","avatar":"https://community-static.tradeup.com/news/f403254c751a628c0cd4884f5ef7e512","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4169158142908722","idStr":"4169158142908722"},"content":"That's awesome news! Do the work & get the treats🫡","text":"That's awesome news! Do the work & get the treats🫡","html":"That's awesome news! Do the work & get the treats🫡"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":280732797186376,"gmtCreate":1709563476565,"gmtModify":1709563480378,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582155761498710","idStr":"3582155761498710"},"themes":[],"htmlText":"That means we buy now","listText":"That means we buy now","text":"That means we buy now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/280732797186376","repostId":"2416146168","repostType":2,"repost":{"id":"2416146168","kind":"highlight","pubTimestamp":1709560095,"share":"https://ttm.financial/m/news/2416146168?lang=&edition=fundamental","pubTime":"2024-03-04 21:48","market":"us","language":"en","title":"12 Tech Stocks To Sell Right Now According To Cathie Wood","url":"https://stock-news.laohu8.com/highlight/detail?id=2416146168","media":"Insider Monkey","summary":"In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to 5 Tech Stocks To Sell Right Now According To Cathie Wood.ARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She discussed this approach on CNBC's \"The Exchange\", emphasizing its relevance in the 2024 market landscape. Wood anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Wood's flagship fund, the ARK Innovation ETF, witnessed a noteworthy 70% year-to-date increase in 2023. As the market stabilizes, ARK is diversifying its portfolio, considering the potential reopening of the IPO market and reintroducing previously sold names with improving outlooks.","content":"<html><body><p><span>In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to </span><b>5 Tech Stocks To Sell Right Now According To Cathie Wood. </b></p>\n<p><span>ARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She </span><span>discussed</span><span> this approach on </span><i><span>CNBC's \"The Exchange\"</span></i><span>, emphasizing its relevance in the 2024 market landscape. Wood anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Wood's flagship fund, the <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>, witnessed a noteworthy 70% year-to-date increase in 2023. As the market stabilizes, ARK is diversifying its portfolio, considering the potential reopening of the IPO market and reintroducing previously sold names with improving outlooks. </span></p>\n<p><span>Wood's strategy shift includes an increased focus on companies leading in AI and technology, exemplified by her renewed interest in <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (NASDAQ:META). She highlighted Meta's alignment with CEO Mark Zuckerberg's use of open-source AI. Wood also emphasized the transformative potential of gene editing technologies, particularly mentioning CRISPR Therapeutics, following the FDA approval of the first gene therapy using CRISPR CAS 9 for sickle cell disease. Despite early-stage pricing inefficiencies and cash-burn issues, Wood sees the gene editing sector as an attractive investment opportunity. In another noteworthy development, <a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> (NASDAQ:COIN) surpassed Tesla, Inc. (NASDAQ:TSLA) and became ARK's top holding in Q4 2023. </span></p>\n<p><span>According</span><span> to Cathie Wood, the hype around electric vehicles is just beginning. In the firm's recent \"Big Ideas\" report, Wood predicts that sales of new battery-powered cars could increase by a third each year, reaching 74 million in 2030, with autonomous driving capabilities. Despite approximately 10 million EVs delivered in 2023, the forecast suggests substantial growth. At an average selling price of $20,000 per EV, this could result in over $1.4 trillion in annual revenue potential for EV manufacturers. Wood believes these companies may capture a tenth of that as profit before interest and tax. The downside is a potential decline in demand for internal combustion engine cars, as global new vehicle sales are projected to be around 100 million in 2030. This shift may lead to a \"death spiral for incumbent auto manufacturers,\" warned ARK Invest. Wood gained prominence for her successful bets on Tesla, forecasting a target share price of $2,000 in 2027, primarily driven by Elon Musk solving autonomous driving challenges. Looking ahead to 2040, ARK Invest envisions a \"Cambrian explosion\" in battery technology applications, leading to the transformation of urban landscapes with the advent of flying taxis.</span></p>\n<p><span>Moreover, in January 2024, Cathie Wood </span><span>raised</span><span> her bullish estimate for Bitcoin's price to $1,500,000 by 2030, a 50% increase from her previous prediction of $1 million. Wood attributed the increased likelihood of this optimistic scenario to the recent SEC approval of spot Bitcoin ETFs in the United States. According to her, this approval serves as a green light for the cryptocurrency. In a bear case, Wood anticipates a price of $258,500, while the base case is set at $682,800. ARK Invest supported its projections by pointing to factors such as a higher hashrate, long-term holder supply, and addresses with a non-zero balance. </span></p>\n<p><span>While Cathie Wood is bullish on innovation and disruptive technologies, some of the stocks to sell according to the ARK CEO include NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and <a href=\"https://laohu8.com/S/SSYS\">Stratasys</a> Ltd. (NASDAQ:SSYS). </span></p>\n<p><b><i>Our Methodology </i></b></p>\n<p><span>We scanned Cathie Wood’s ARK portfolio for Q4 2023 and selected the technology stocks where she discarded her stake by at least 20% or more in the last quarter of 2023. We have arranged the list in the ascending order of the percentage of stake discarded. </span><span>We have also assessed the hedge fund sentiment from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the fourth quarter of 2023. Hedge funds’ top 10 consensus stock picks outperformed the S&amp;P 500 Index by more than 140 percentage points over the last 10 years (</span><strong>see the details here</strong><span>).</span></p>\n<img height=\"600\" src=\"https://s1.yimg.com/uu/api/res/1.2/mJ4UNewXLGt3E7bXUfm2ZA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/33ede3b2a4dafa7bc9d5d35b0755b9e1\" width=\"473\"/> Cathie Wood of ARK Investment Management \n<h2><b>Tech Stocks To Sell Right Now According To Cathie Wood</b></h2>\n<h3><b>12. Check Point Software Technologies Ltd. (NASDAQ:CHKP)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 38</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 20%</i></b></p>\n<p><span>Check Point Software Technologies Ltd. (NASDAQ:CHKP) is a global IT security company that develops, markets, and supports a range of products and services. Their offerings include a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IoT solutions. In the fourth quarter of 2023, Cathie Wood trimmed 20% of her stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP), holding 13,702 shares worth $2 million. </span></p>\n<p><span>On February 6, Check Point Software Technologies Ltd. (NASDAQ:CHKP) reported a Q4 non-GAAP EPS of $2.57 and a revenue of $664 million, outperforming Wall Street estimates by $0.09 and $1.5 million, respectively. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 38 hedge funds were long Check Point Software Technologies Ltd. (NASDAQ:CHKP), compared to 31 funds in the earlier quarter. John W. Rogers’ </span><span>Ariel Investments</span><span> is the leading stakeholder of the company, with 1.5 million shares worth $229.2 million. </span></p>\n<p><span>Like NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS), Check Point Software Technologies Ltd. (NASDAQ:CHKP) is one of the stocks to sell according to ARK Invest. </span></p>\n<p><span>Here</span><span> is what Diamond Hill International Fund Concentrated Fund has to say about Check Point Software Technologies Ltd. (NASDAQ:CHKP) in its Q1 2022 investor letter:</span></p>\n<blockquote>\n<p><span>“Check Point reported a solid Q4 as the company continues its lengthy transition towards a subscription-based sales model. We expect the firm to consistently repurchase shares with the substantial free cash flow it generates each year.”</span></p>\n</blockquote>\n<h3><b>11. L3Harris Technologies, Inc. (NYSE:LHX)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 37</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 20%</i></b></p>\n<p><span>L3Harris Technologies, Inc. (NYSE:LHX) ranks 11th on the list of stocks to sell according to Cathie Wood. It is a global provider of mission-critical solutions for government and commercial clients. The company operates in several segments – Integrated Mission Systems, offering intelligence, surveillance, and reconnaissance systems; Space and Airborne Systems, providing space payloads, sensors, and mission solutions; Communication Systems, delivering broadband and tactical communication solutions; and Aerojet Rocketdyne, offering propulsion technologies for defense and space missions. In Q4 2023, Cathie Wood discarded 20% of her stake in L3Harris Technologies, Inc. (NYSE:LHX). She held 63,700 shares worth $13.4 million. </span></p>\n<p><span>On February 23, L3Harris Technologies, Inc. (NYSE:LHX) declared a $1.16 per share quarterly dividend, a 1.8% increase from its prior dividend of $1.14. The dividend is payable on March 22, to shareholders on record as of March 8. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 37 hedge funds were long L3Harris Technologies, Inc. (NYSE:LHX), down from 44 funds in the last quarter. </span></p>\n<p><span>Diamond Hill Mid Cap Strategy made the following comment about L3Harris Technologies, Inc. (NYSE:LHX) in its Q3 2023 investor </span><span>letter</span><span>:</span></p>\n<blockquote>\n<p><span>“L3Harris Technologies, Inc. (NYSE:LHX) is a defense contractor focused primarily on communications, surveillance and electronic warfare. We anticipate the US’s defense budget will be better than expected over the next few years as the Defense Department focuses on preparing for peer-level threats — an area in which LHX’s capabilities fit nicely. We believe there is room for improvement in recent execution — particularly at recently acquired Aerojet Rocketdyne — and we think LHX’s new management team is well-qualified to improve results. We accordingly capitalized on a recent share-price decline to initiate a position at what we consider a compelling valuation.”</span></p>\n</blockquote>\n<h3><b>10. Xerox Holdings Corporation (NASDAQ:XRX)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 25</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 21%</i></b></p>\n<p><span>Xerox Holdings Corporation (NASDAQ:XRX) is a global workplace technology company that integrates hardware, services, and software for enterprises worldwide. In Q4 2023, Cathie Wood’s ARK Invest sold 21% of its stake in Xerox Holdings Corporation (NASDAQ:XRX). At the end of December, Wood owned 9,874 shares of the company worth $180,990. </span></p>\n<p><span>On February 22, Xerox Holdings Corporation (NASDAQ:XRX) declared a quarterly dividend of $0.25 per share, in line with previous. The dividend is distributable on April 30, to shareholders on record as of March 29. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, Xerox Holdings Corporation (NASDAQ:XRX) was part of 25 hedge fund portfolios, compared to 20 in the last quarter. Mark Coe’s </span><span>Intrinsic Edge Capital</span><span> is a prominent stakeholder of the company. </span></p>\n<h3><b>9. CyberArk Software Ltd. (NASDAQ:CYBR)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 50</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 22%</i></b></p>\n<p><span>CyberArk Software Ltd. (NASDAQ:CYBR) is one of the stocks to sell according to Cathie Wood. CyberArk Software Ltd. (NASDAQ:CYBR) develops and sells software-based security solutions and services. The company's solutions include Privileged Access Manager, Vendor Privileged Access Manager, Endpoint Privilege Manager, Cloud Entitlements Manager, as well as Secrets Manager. In the December quarter, Cathie Wood sold 22% of her stake in CyberArk Software Ltd. (NASDAQ:CYBR). She held 10,984 shares of the company worth $2.40 million. </span></p>\n<p><span>On February 8, CyberArk Software Ltd. (NASDAQ:CYBR) reported a Q4 non-GAAP EPS of $0.81 and a revenue of $223.1 million, topping market expectations by $0.34 and $13.36 million, respectively. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 50 hedge funds were bullish on CyberArk Software Ltd. (NASDAQ:CYBR), compared to 32 funds in the prior quarter. </span><span>RGM Capital</span><span> is the largest stakeholder of the company, with 1 million shares worth over $221 million. </span></p>\n<p><span>Wasatch Small Cap Core Growth Strategy made the following comment about CyberArk Software Ltd. (NASDAQ:CYBR) in its Q4 2022 investor </span><span>letter</span><span>:</span></p>\n<blockquote>\n<p><span>“IT accounted for several of the greatest detractors from strategy performance during the fourth quarter. Among these were Paylocity Holding Corp. (PCTY), CyberArk Software Ltd. (NASDAQ:CYBR) and Q2 Holdings, Inc. (QTWO).</span></p>\n<p><span>A cybersecurity company that operates globally, CyberArk specializes in products and services to protect and safeguard customers’ IT networks and devices. A recent flurry of buyouts by private equity firms has fostered an active rumor mill that’s at times produced rapid gyrations in the prices of cybersecurity stocks. We suspect CyberArk may have been the target of some of this speculation during the third quarter. Moreover, the growing slate of security products offered by cloud-computing giants Microsoft, Amazon Web Services and Google may have bruised investor sentiment toward the group.”</span></p>\n</blockquote>\n<h3><b>8. Taboola.com Ltd. (NASDAQ:TBLA)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 26</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 23%</i></b></p>\n<p><span>Taboola.com Ltd. (NASDAQ:TBLA) operates an artificial intelligence-based algorithmic engine platform globally. The company's Taboola platform collaborates with websites, devices, and mobile apps to provide recommendations for editorial content and advertisements on the open web. Taboola.com Ltd. (NASDAQ:TBLA) is one of the stocks to sell as per Cathie Wood. The ARK portfolio, as of Q4 2023, held 523,612 shares worth $2.26 million after Wood slashed 23% of her stake. </span></p>\n<p><span>On February 28, Taboola.com Ltd. (NASDAQ:TBLA) reported a Q4 GAAP EPS of $0.01, beating market consensus by $0.05. The revenue of $419.8 million, however, fell short of Wall Street estimates by $17.7 million. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 26 hedge funds held stakes in Taboola.com Ltd. (NASDAQ:TBLA), compared to 21 funds in the last quarter. Josh Goldberg’s </span><span>G2 Investment Partners Management</span><span> is the largest stakeholder of the company, with 2.6 million shares worth $11.3 million. </span></p>\n<h3><b>7. <a href=\"https://laohu8.com/S/PTC\">PTC Inc.</a> (NASDAQ:PTC)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 47</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 24%</i></b></p>\n<p><span>PTC Inc. (NASDAQ:PTC) is a software company providing solutions for product lifecycle management, industrial Internet of Things, field service management, and more. The company’s diverse offerings include applications for CAD technology, augmented reality, and dynamic publishing. PTC Inc. (NASDAQ:PTC) is one of the stocks to sell according to Cathie Wood, who discarded 24% of her stake in Q4 2023. ARK Invest held 27,220 shares of PTC worth $4.76 million. </span></p>\n<p><span>On January 31, PTC Inc. (NASDAQ:PTC) reported its financial results for the quarter ending December 31, 2023. The company posted a non-GAAP EPS of $1.11 and a revenue of $550.21 million, beating Wall Street estimates by $0.14 and $12.22 million, respectively. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 47 hedge funds were long PTC Inc. (NASDAQ:PTC), compared to 38 funds in the prior quarter. Stephen Mandel’s </span><span>Lone Pine Capital</span><span> is the biggest stakeholder of the company. </span></p>\n<h3><b>6. Autodesk, Inc. (NASDAQ:ADSK)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 46</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 26%</i></b></p>\n<p><span>Autodesk, Inc. (NASDAQ:ADSK) is a global provider of 3D design, engineering, and entertainment technology solutions. The company offers a range of software products, including AutoCAD for design and visualization, Fusion 360 for 3D CAD, CAM, and engineering. Autodesk serves architecture, engineering, construction, product design, manufacturing, and media and entertainment sectors. Cathie Wood slashed 26% of her stake in Autodesk, Inc. (NASDAQ:ADSK) in Q4 2023. She owned 18,316 shares worth $4.46 million. </span></p>\n<p><span>On February 20, Baird noted that Autodesk, Inc. (NASDAQ:ADSK) has an attractive business model, indicating a recommendation for investors to continue buying shares into fiscal years 2025 and 2026. The feedback from resellers in the fourth quarter is viewed as positive and consistent with the previous quarter. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 46 hedge funds were bullish on Autodesk, Inc. (NASDAQ:ADSK), compared to 51 funds in the last quarter. William Von Mueffling’s </span><span>Cantillon Capital Management</span><span> is the largest stakeholder of the company, with 1.70 million shares worth $414.5 million. </span></p>\n<p><span>Like NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS), Autodesk, Inc. (NASDAQ:ADSK) is one of the stocks to sell according to Cathie Wood. </span></p>\n<p><span>RiverPark Large Growth Fund made the following comment about Autodesk, Inc. (NASDAQ:ADSK) in its Q2 2023 investor </span><span>letter</span><span>:</span></p>\n<blockquote>\n<p><span>“Autodesk, Inc. (NASDAQ:ADSK): Autodesk was our next top detractor despite quarterly results reported in late May that were in line with expectations. For 1Q, revenue grew 12%, Remaining Performance Obligation (RPO) grew 15%, and the company generated $714 million of FCF, which increased 69% year over year. Profitability for the company was strong, with a 32% non-GAAP operating margin for the quarter, and management reiterated its outlook for the year.</span></p>\n<p><span>Autodesk has a near monopoly on software for designing, building, and managing buildings, as well as software for infrastructure and manufacturing plants, prototyping software for manufacturers of products (including autos, machinery, and consumer products) and document sharing. As a result, we believe ADSK’s business is very sticky. The company expects to grow revenue mid-teens annually over the next several years, and, as we have seen in similar SaaS businesses, as revenue scales, operating margins are expected to expand significantly from their current 32% to more than 40%, more in-line with peers. We believe that ADSK shares can grow along with its mid-teens free cash flow growth over the next several years.”</span></p>\n</blockquote>       \n<p><strong>Click to continue reading and see 5 Tech Stocks To Sell Right Now According To Cathie Wood. </strong></p>   Suggested articles: \n<ul>\n<li><span>14 Social Security Spousal Benefits and Loopholes You Need to Know</span></li>\n<li><span>25 Countries with Most Gold Reserves in 2024</span></li>\n<li><span>13 Biggest 401(k) Mistakes to Avoid</span></li>\n</ul>   \n<p>Disclosure: None. <strong>12 Tech Stocks To Sell Right Now According To Cathie Wood </strong>is originally published on Insider Monkey.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>12 Tech Stocks To Sell Right Now According To Cathie Wood</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n12 Tech Stocks To Sell Right Now According To Cathie Wood\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 21:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/12-tech-stocks-sell-now-134815433.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to 5 Tech Stocks To Sell Right Now ...</p>\n\n<a href=\"https://finance.yahoo.com/news/12-tech-stocks-sell-now-134815433.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/VFIvepRv_dTLck0n.Amj_g--~B/aD02MDA7dz00NzM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/insidermonkey.com/33ede3b2a4dafa7bc9d5d35b0755b9e1","relate_stocks":{"LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","BK4574":"无人驾驶","PSQ":"纳指反向ETF","CYBR":"Cyber-Ark Software","QLD":"纳指两倍做多ETF","TBLA":"Taboola Com Ltd","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","QTWO":"Q2 Holdings Inc","TSLA":"特斯拉","PCTY":"Paylocity Holding Corporation","BK4581":"高盛持仓","ARKK":"ARK Innovation ETF","CHKP":"Check Point软件科技","BK4085":"互动家庭娱乐","COIN":"Coinbase Global, Inc.","PTC":"PTC Inc.","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","META":"Meta Platforms, Inc.","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","SQQQ":"纳指三倍做空ETF","ADSK":"欧特克","BK4539":"次新股","QQQ":"纳指100ETF","SG9999002620.SGD":"LionGlobal South East Asia SGD","BK4592":"伊斯兰概念","BK4161":"工业机械","BK4532":"文艺复兴科技持仓","SSYS":"Stratasys","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","XRX":"施乐","QID":"纳指两倍做空ETF","SE":"Sea Ltd","BK4595":"比特币概念","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","NVDA":"英伟达","TQQQ":"纳指三倍做多ETF","BK4524":"宅经济概念","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK4527":"明星科技股","LHX":"哈里斯公司",".IXIC":"NASDAQ Composite","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC"},"source_url":"https://finance.yahoo.com/news/12-tech-stocks-sell-now-134815433.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2416146168","content_text":"In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to 5 Tech Stocks To Sell Right Now According To Cathie Wood. \nARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She discussed this approach on CNBC's \"The Exchange\", emphasizing its relevance in the 2024 market landscape. Wood anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Wood's flagship fund, the ARK Innovation ETF, witnessed a noteworthy 70% year-to-date increase in 2023. As the market stabilizes, ARK is diversifying its portfolio, considering the potential reopening of the IPO market and reintroducing previously sold names with improving outlooks. \nWood's strategy shift includes an increased focus on companies leading in AI and technology, exemplified by her renewed interest in Meta Platforms, Inc. (NASDAQ:META). She highlighted Meta's alignment with CEO Mark Zuckerberg's use of open-source AI. Wood also emphasized the transformative potential of gene editing technologies, particularly mentioning CRISPR Therapeutics, following the FDA approval of the first gene therapy using CRISPR CAS 9 for sickle cell disease. Despite early-stage pricing inefficiencies and cash-burn issues, Wood sees the gene editing sector as an attractive investment opportunity. In another noteworthy development, Coinbase Global, Inc. (NASDAQ:COIN) surpassed Tesla, Inc. (NASDAQ:TSLA) and became ARK's top holding in Q4 2023. \nAccording to Cathie Wood, the hype around electric vehicles is just beginning. In the firm's recent \"Big Ideas\" report, Wood predicts that sales of new battery-powered cars could increase by a third each year, reaching 74 million in 2030, with autonomous driving capabilities. Despite approximately 10 million EVs delivered in 2023, the forecast suggests substantial growth. At an average selling price of $20,000 per EV, this could result in over $1.4 trillion in annual revenue potential for EV manufacturers. Wood believes these companies may capture a tenth of that as profit before interest and tax. The downside is a potential decline in demand for internal combustion engine cars, as global new vehicle sales are projected to be around 100 million in 2030. This shift may lead to a \"death spiral for incumbent auto manufacturers,\" warned ARK Invest. Wood gained prominence for her successful bets on Tesla, forecasting a target share price of $2,000 in 2027, primarily driven by Elon Musk solving autonomous driving challenges. Looking ahead to 2040, ARK Invest envisions a \"Cambrian explosion\" in battery technology applications, leading to the transformation of urban landscapes with the advent of flying taxis.\nMoreover, in January 2024, Cathie Wood raised her bullish estimate for Bitcoin's price to $1,500,000 by 2030, a 50% increase from her previous prediction of $1 million. Wood attributed the increased likelihood of this optimistic scenario to the recent SEC approval of spot Bitcoin ETFs in the United States. According to her, this approval serves as a green light for the cryptocurrency. In a bear case, Wood anticipates a price of $258,500, while the base case is set at $682,800. ARK Invest supported its projections by pointing to factors such as a higher hashrate, long-term holder supply, and addresses with a non-zero balance. \nWhile Cathie Wood is bullish on innovation and disruptive technologies, some of the stocks to sell according to the ARK CEO include NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS). \nOur Methodology \nWe scanned Cathie Wood’s ARK portfolio for Q4 2023 and selected the technology stocks where she discarded her stake by at least 20% or more in the last quarter of 2023. We have arranged the list in the ascending order of the percentage of stake discarded. We have also assessed the hedge fund sentiment from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the fourth quarter of 2023. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).\n Cathie Wood of ARK Investment Management \nTech Stocks To Sell Right Now According To Cathie Wood\n12. Check Point Software Technologies Ltd. (NASDAQ:CHKP)\nNumber of Hedge Fund Holders: 38\nPercentage of Stake Discarded: 20%\nCheck Point Software Technologies Ltd. (NASDAQ:CHKP) is a global IT security company that develops, markets, and supports a range of products and services. Their offerings include a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IoT solutions. In the fourth quarter of 2023, Cathie Wood trimmed 20% of her stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP), holding 13,702 shares worth $2 million. \nOn February 6, Check Point Software Technologies Ltd. (NASDAQ:CHKP) reported a Q4 non-GAAP EPS of $2.57 and a revenue of $664 million, outperforming Wall Street estimates by $0.09 and $1.5 million, respectively. \nAccording to Insider Monkey’s fourth quarter database, 38 hedge funds were long Check Point Software Technologies Ltd. (NASDAQ:CHKP), compared to 31 funds in the earlier quarter. John W. Rogers’ Ariel Investments is the leading stakeholder of the company, with 1.5 million shares worth $229.2 million. \nLike NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS), Check Point Software Technologies Ltd. (NASDAQ:CHKP) is one of the stocks to sell according to ARK Invest. \nHere is what Diamond Hill International Fund Concentrated Fund has to say about Check Point Software Technologies Ltd. (NASDAQ:CHKP) in its Q1 2022 investor letter:\n\n“Check Point reported a solid Q4 as the company continues its lengthy transition towards a subscription-based sales model. We expect the firm to consistently repurchase shares with the substantial free cash flow it generates each year.”\n\n11. L3Harris Technologies, Inc. (NYSE:LHX)\nNumber of Hedge Fund Holders: 37\nPercentage of Stake Discarded: 20%\nL3Harris Technologies, Inc. (NYSE:LHX) ranks 11th on the list of stocks to sell according to Cathie Wood. It is a global provider of mission-critical solutions for government and commercial clients. The company operates in several segments – Integrated Mission Systems, offering intelligence, surveillance, and reconnaissance systems; Space and Airborne Systems, providing space payloads, sensors, and mission solutions; Communication Systems, delivering broadband and tactical communication solutions; and Aerojet Rocketdyne, offering propulsion technologies for defense and space missions. In Q4 2023, Cathie Wood discarded 20% of her stake in L3Harris Technologies, Inc. (NYSE:LHX). She held 63,700 shares worth $13.4 million. \nOn February 23, L3Harris Technologies, Inc. (NYSE:LHX) declared a $1.16 per share quarterly dividend, a 1.8% increase from its prior dividend of $1.14. The dividend is payable on March 22, to shareholders on record as of March 8. \nAccording to Insider Monkey’s fourth quarter database, 37 hedge funds were long L3Harris Technologies, Inc. (NYSE:LHX), down from 44 funds in the last quarter. \nDiamond Hill Mid Cap Strategy made the following comment about L3Harris Technologies, Inc. (NYSE:LHX) in its Q3 2023 investor letter:\n\n“L3Harris Technologies, Inc. (NYSE:LHX) is a defense contractor focused primarily on communications, surveillance and electronic warfare. We anticipate the US’s defense budget will be better than expected over the next few years as the Defense Department focuses on preparing for peer-level threats — an area in which LHX’s capabilities fit nicely. We believe there is room for improvement in recent execution — particularly at recently acquired Aerojet Rocketdyne — and we think LHX’s new management team is well-qualified to improve results. We accordingly capitalized on a recent share-price decline to initiate a position at what we consider a compelling valuation.”\n\n10. Xerox Holdings Corporation (NASDAQ:XRX)\nNumber of Hedge Fund Holders: 25\nPercentage of Stake Discarded: 21%\nXerox Holdings Corporation (NASDAQ:XRX) is a global workplace technology company that integrates hardware, services, and software for enterprises worldwide. In Q4 2023, Cathie Wood’s ARK Invest sold 21% of its stake in Xerox Holdings Corporation (NASDAQ:XRX). At the end of December, Wood owned 9,874 shares of the company worth $180,990. \nOn February 22, Xerox Holdings Corporation (NASDAQ:XRX) declared a quarterly dividend of $0.25 per share, in line with previous. The dividend is distributable on April 30, to shareholders on record as of March 29. \nAccording to Insider Monkey’s fourth quarter database, Xerox Holdings Corporation (NASDAQ:XRX) was part of 25 hedge fund portfolios, compared to 20 in the last quarter. Mark Coe’s Intrinsic Edge Capital is a prominent stakeholder of the company. \n9. CyberArk Software Ltd. (NASDAQ:CYBR)\nNumber of Hedge Fund Holders: 50\nPercentage of Stake Discarded: 22%\nCyberArk Software Ltd. (NASDAQ:CYBR) is one of the stocks to sell according to Cathie Wood. CyberArk Software Ltd. (NASDAQ:CYBR) develops and sells software-based security solutions and services. The company's solutions include Privileged Access Manager, Vendor Privileged Access Manager, Endpoint Privilege Manager, Cloud Entitlements Manager, as well as Secrets Manager. In the December quarter, Cathie Wood sold 22% of her stake in CyberArk Software Ltd. (NASDAQ:CYBR). She held 10,984 shares of the company worth $2.40 million. \nOn February 8, CyberArk Software Ltd. (NASDAQ:CYBR) reported a Q4 non-GAAP EPS of $0.81 and a revenue of $223.1 million, topping market expectations by $0.34 and $13.36 million, respectively. \nAccording to Insider Monkey’s fourth quarter database, 50 hedge funds were bullish on CyberArk Software Ltd. (NASDAQ:CYBR), compared to 32 funds in the prior quarter. RGM Capital is the largest stakeholder of the company, with 1 million shares worth over $221 million. \nWasatch Small Cap Core Growth Strategy made the following comment about CyberArk Software Ltd. (NASDAQ:CYBR) in its Q4 2022 investor letter:\n\n“IT accounted for several of the greatest detractors from strategy performance during the fourth quarter. Among these were Paylocity Holding Corp. (PCTY), CyberArk Software Ltd. (NASDAQ:CYBR) and Q2 Holdings, Inc. (QTWO).\nA cybersecurity company that operates globally, CyberArk specializes in products and services to protect and safeguard customers’ IT networks and devices. A recent flurry of buyouts by private equity firms has fostered an active rumor mill that’s at times produced rapid gyrations in the prices of cybersecurity stocks. We suspect CyberArk may have been the target of some of this speculation during the third quarter. Moreover, the growing slate of security products offered by cloud-computing giants Microsoft, Amazon Web Services and Google may have bruised investor sentiment toward the group.”\n\n8. Taboola.com Ltd. (NASDAQ:TBLA)\nNumber of Hedge Fund Holders: 26\nPercentage of Stake Discarded: 23%\nTaboola.com Ltd. (NASDAQ:TBLA) operates an artificial intelligence-based algorithmic engine platform globally. The company's Taboola platform collaborates with websites, devices, and mobile apps to provide recommendations for editorial content and advertisements on the open web. Taboola.com Ltd. (NASDAQ:TBLA) is one of the stocks to sell as per Cathie Wood. The ARK portfolio, as of Q4 2023, held 523,612 shares worth $2.26 million after Wood slashed 23% of her stake. \nOn February 28, Taboola.com Ltd. (NASDAQ:TBLA) reported a Q4 GAAP EPS of $0.01, beating market consensus by $0.05. The revenue of $419.8 million, however, fell short of Wall Street estimates by $17.7 million. \nAccording to Insider Monkey’s fourth quarter database, 26 hedge funds held stakes in Taboola.com Ltd. (NASDAQ:TBLA), compared to 21 funds in the last quarter. Josh Goldberg’s G2 Investment Partners Management is the largest stakeholder of the company, with 2.6 million shares worth $11.3 million. \n7. PTC Inc. (NASDAQ:PTC)\nNumber of Hedge Fund Holders: 47\nPercentage of Stake Discarded: 24%\nPTC Inc. (NASDAQ:PTC) is a software company providing solutions for product lifecycle management, industrial Internet of Things, field service management, and more. The company’s diverse offerings include applications for CAD technology, augmented reality, and dynamic publishing. PTC Inc. (NASDAQ:PTC) is one of the stocks to sell according to Cathie Wood, who discarded 24% of her stake in Q4 2023. ARK Invest held 27,220 shares of PTC worth $4.76 million. \nOn January 31, PTC Inc. (NASDAQ:PTC) reported its financial results for the quarter ending December 31, 2023. The company posted a non-GAAP EPS of $1.11 and a revenue of $550.21 million, beating Wall Street estimates by $0.14 and $12.22 million, respectively. \nAccording to Insider Monkey’s fourth quarter database, 47 hedge funds were long PTC Inc. (NASDAQ:PTC), compared to 38 funds in the prior quarter. Stephen Mandel’s Lone Pine Capital is the biggest stakeholder of the company. \n6. Autodesk, Inc. (NASDAQ:ADSK)\nNumber of Hedge Fund Holders: 46\nPercentage of Stake Discarded: 26%\nAutodesk, Inc. (NASDAQ:ADSK) is a global provider of 3D design, engineering, and entertainment technology solutions. The company offers a range of software products, including AutoCAD for design and visualization, Fusion 360 for 3D CAD, CAM, and engineering. Autodesk serves architecture, engineering, construction, product design, manufacturing, and media and entertainment sectors. Cathie Wood slashed 26% of her stake in Autodesk, Inc. (NASDAQ:ADSK) in Q4 2023. She owned 18,316 shares worth $4.46 million. \nOn February 20, Baird noted that Autodesk, Inc. (NASDAQ:ADSK) has an attractive business model, indicating a recommendation for investors to continue buying shares into fiscal years 2025 and 2026. The feedback from resellers in the fourth quarter is viewed as positive and consistent with the previous quarter. \nAccording to Insider Monkey’s fourth quarter database, 46 hedge funds were bullish on Autodesk, Inc. (NASDAQ:ADSK), compared to 51 funds in the last quarter. William Von Mueffling’s Cantillon Capital Management is the largest stakeholder of the company, with 1.70 million shares worth $414.5 million. \nLike NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS), Autodesk, Inc. (NASDAQ:ADSK) is one of the stocks to sell according to Cathie Wood. \nRiverPark Large Growth Fund made the following comment about Autodesk, Inc. (NASDAQ:ADSK) in its Q2 2023 investor letter:\n\n“Autodesk, Inc. (NASDAQ:ADSK): Autodesk was our next top detractor despite quarterly results reported in late May that were in line with expectations. For 1Q, revenue grew 12%, Remaining Performance Obligation (RPO) grew 15%, and the company generated $714 million of FCF, which increased 69% year over year. Profitability for the company was strong, with a 32% non-GAAP operating margin for the quarter, and management reiterated its outlook for the year.\nAutodesk has a near monopoly on software for designing, building, and managing buildings, as well as software for infrastructure and manufacturing plants, prototyping software for manufacturers of products (including autos, machinery, and consumer products) and document sharing. As a result, we believe ADSK’s business is very sticky. The company expects to grow revenue mid-teens annually over the next several years, and, as we have seen in similar SaaS businesses, as revenue scales, operating margins are expected to expand significantly from their current 32% to more than 40%, more in-line with peers. We believe that ADSK shares can grow along with its mid-teens free cash flow growth over the next several years.”\n       \nClick to continue reading and see 5 Tech Stocks To Sell Right Now According To Cathie Wood.    Suggested articles: \n\n14 Social Security Spousal Benefits and Loopholes You Need to Know\n25 Countries with Most Gold Reserves in 2024\n13 Biggest 401(k) Mistakes to Avoid\n   \nDisclosure: None. 12 Tech Stocks To Sell Right Now According To Cathie Wood is originally published on Insider Monkey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4169158142908722","authorId":"4169158142908722","name":"DeeToksNZ","avatar":"https://community-static.tradeup.com/news/f403254c751a628c0cd4884f5ef7e512","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4169158142908722","idStr":"4169158142908722"},"content":"I missed this post - I definitely would appreciate future insights you might see💯","text":"I missed this post - I definitely would appreciate future insights you might see💯","html":"I missed this post - I definitely would appreciate future insights you might see💯"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272368298344672,"gmtCreate":1707533960286,"gmtModify":1707533964952,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582155761498710","idStr":"3582155761498710"},"themes":[],"htmlText":"Guys I can't do everything&nbsp;[Cry]&nbsp;&nbsp;","listText":"Guys I can't do everything&nbsp;[Cry]&nbsp;&nbsp;","text":"Guys I can't do everything [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/272368298344672","isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272031238725744,"gmtCreate":1707451658217,"gmtModify":1707451662877,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582155761498710","idStr":"3582155761498710"},"themes":[],"htmlText":"Top 50 spots are eligible for rewards, we're almost there. Work a little harder and smarter and we'll get some free goodies for CNY :)","listText":"Top 50 spots are eligible for rewards, we're almost there. Work a little harder and smarter and we'll get some free goodies for CNY :)","text":"Top 50 spots are eligible for rewards, we're almost there. Work a little harder and smarter and we'll get some free goodies for CNY :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272031238725744","isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":271374397325552,"gmtCreate":1707291485901,"gmtModify":1707291561101,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582155761498710","idStr":"3582155761498710"},"themes":[],"htmlText":"Time to sell PLTR.","listText":"Time to sell PLTR.","text":"Time to sell PLTR.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271374397325552","repostId":"1158690985","repostType":4,"repost":{"id":"1158690985","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1707287503,"share":"https://ttm.financial/m/news/1158690985?lang=&edition=fundamental","pubTime":"2024-02-07 14:31","market":"us","language":"en","title":"Cathie Wood Joins Palantir Party As Ark Hoards $43M Palantir Stock Following 30% Post-Earnings Spike","url":"https://stock-news.laohu8.com/highlight/detail?id=1158690985","media":"Benzinga","summary":"ZINGER KEY POINTSPalantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial businessPalantir now accounts for 1.84% of Ark's fl","content":"<html><head></head><body><h4 id=\"id_4294777672\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Palantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial business</p></li><li><p>Palantir now accounts for 1.84% of Ark&#39;s flagship ARKK exchange-traded fund.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b850cdf5e718eafddfd793fcf034caa\" tg-width=\"1024\" tg-height=\"576\"/></p><p style=\"text-align: start;\"><strong>Palantir Technologies, Inc. </strong>shares rallied over 30% Tuesday after the company’sfourth-quarter results and AI opportunity resulted in analysts reratingtheir estimates and price targets. <strong>Cathie Wood’s Ark Invest </strong>bulked up on the shares on their way up, potentially reflecting the faith in the <strong>Alex Karp</strong>-led company’s disruptive potential.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> Ark, through its <strong>Ark Innovation ETF (ARKK)</strong>, <strong>Ark Next Generation Internet ETF (ARKW) </strong>and <strong>Ark Fintech Innovation ETF (ARKF)</strong>, amassed 1,967,732 Palantir shares. At Tuesday’s closing price of $21.87, the firm added Palantir shares worth $43.03 million.</p><p style=\"text-align: start;\">Palantir now accounts for 1.84% of Ark’s flagship ARKK exchange-traded fund. The stock is in the 21st position in terms of weighting in the ETF, with the value of holding roughly around $137 million. The ARKW carries roughly $24 million Palantir shares, which has a 1.58% weighting in the fund.</p><p style=\"text-align: start;\">In ARKF, Palantir makes up 1.29% of weighting or $13.3 million.</p><p style=\"text-align: start;\">Ark’s 13F filing in mid-January showed that the firm held 10.94 million Palantir shares valued at $187.80 million at the end of 2023.</p><p><strong>Why It’s Important:</strong> Palantir reported late Monday fourth-quarter revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial segment revenue. The earnings per share was in line with estimates and the Karp-led company guided 2024 in line with estimates.</p><p style=\"text-align: start;\">Investors also drew encouragement from the management commentary regarding the traction the company’s AI platform, called AIP, is getting with customers.</p><p style=\"text-align: start;\">Following the results, analysts rushed to raise their opinion on the company and its fundamentals.</p><ul style=\"list-style-type: disc;\"><li><p>Jefferies upgraded the stock from Underperform to Hold and lifted the price target from $13 to $22.</p></li><li><p>Wedbush maintained an Overweight rating and upped the price target from $25 to $30.</p></li><li><p>Citigroup upgraded from Neutral to Sell and doubled the price target from $10 to $20.</p></li><li><p>Raymond James maintained Outperform rating and hiked the price target from $22 to $25.</p></li><li><p>Mizuho maintained a Neutral rating and nudged up the price target from $16 to $18.</p></li><li><p>RBC Capital maintained an Underperform rating</p></li></ul><p style=\"text-align: start;\"><strong>Ark Persists With Tesla Buy: </strong>As Tesla rebounded on Tuesday, Ark added another chunk of Tesla shares, continuing its Tesla buying spree. Through ARKK, ARKW and <strong>Ark Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>added 16,478 Tesla shares valued at $3.05 million.</p><p style=\"text-align: start;\">ARKK closed Tuesday’s session up 3.32% at $46.70, according to Benzinga Pro data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Joins Palantir Party As Ark Hoards $43M Palantir Stock Following 30% Post-Earnings Spike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Joins Palantir Party As Ark Hoards $43M Palantir Stock Following 30% Post-Earnings Spike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-02-07 14:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_4294777672\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Palantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial business</p></li><li><p>Palantir now accounts for 1.84% of Ark&#39;s flagship ARKK exchange-traded fund.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b850cdf5e718eafddfd793fcf034caa\" tg-width=\"1024\" tg-height=\"576\"/></p><p style=\"text-align: start;\"><strong>Palantir Technologies, Inc. </strong>shares rallied over 30% Tuesday after the company’sfourth-quarter results and AI opportunity resulted in analysts reratingtheir estimates and price targets. <strong>Cathie Wood’s Ark Invest </strong>bulked up on the shares on their way up, potentially reflecting the faith in the <strong>Alex Karp</strong>-led company’s disruptive potential.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> Ark, through its <strong>Ark Innovation ETF (ARKK)</strong>, <strong>Ark Next Generation Internet ETF (ARKW) </strong>and <strong>Ark Fintech Innovation ETF (ARKF)</strong>, amassed 1,967,732 Palantir shares. At Tuesday’s closing price of $21.87, the firm added Palantir shares worth $43.03 million.</p><p style=\"text-align: start;\">Palantir now accounts for 1.84% of Ark’s flagship ARKK exchange-traded fund. The stock is in the 21st position in terms of weighting in the ETF, with the value of holding roughly around $137 million. The ARKW carries roughly $24 million Palantir shares, which has a 1.58% weighting in the fund.</p><p style=\"text-align: start;\">In ARKF, Palantir makes up 1.29% of weighting or $13.3 million.</p><p style=\"text-align: start;\">Ark’s 13F filing in mid-January showed that the firm held 10.94 million Palantir shares valued at $187.80 million at the end of 2023.</p><p><strong>Why It’s Important:</strong> Palantir reported late Monday fourth-quarter revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial segment revenue. The earnings per share was in line with estimates and the Karp-led company guided 2024 in line with estimates.</p><p style=\"text-align: start;\">Investors also drew encouragement from the management commentary regarding the traction the company’s AI platform, called AIP, is getting with customers.</p><p style=\"text-align: start;\">Following the results, analysts rushed to raise their opinion on the company and its fundamentals.</p><ul style=\"list-style-type: disc;\"><li><p>Jefferies upgraded the stock from Underperform to Hold and lifted the price target from $13 to $22.</p></li><li><p>Wedbush maintained an Overweight rating and upped the price target from $25 to $30.</p></li><li><p>Citigroup upgraded from Neutral to Sell and doubled the price target from $10 to $20.</p></li><li><p>Raymond James maintained Outperform rating and hiked the price target from $22 to $25.</p></li><li><p>Mizuho maintained a Neutral rating and nudged up the price target from $16 to $18.</p></li><li><p>RBC Capital maintained an Underperform rating</p></li></ul><p style=\"text-align: start;\"><strong>Ark Persists With Tesla Buy: </strong>As Tesla rebounded on Tuesday, Ark added another chunk of Tesla shares, continuing its Tesla buying spree. Through ARKK, ARKW and <strong>Ark Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>added 16,478 Tesla shares valued at $3.05 million.</p><p style=\"text-align: start;\">ARKK closed Tuesday’s session up 3.32% at $46.70, according to Benzinga Pro data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","PLTR":"Palantir Technologies Inc.","ARKW":"ARK Next Generation Internation ETF","ARKK":"ARK Innovation ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158690985","content_text":"ZINGER KEY POINTSPalantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial businessPalantir now accounts for 1.84% of Ark's flagship ARKK exchange-traded fund.Palantir Technologies, Inc. shares rallied over 30% Tuesday after the company’sfourth-quarter results and AI opportunity resulted in analysts reratingtheir estimates and price targets. Cathie Wood’s Ark Invest bulked up on the shares on their way up, potentially reflecting the faith in the Alex Karp-led company’s disruptive potential.What Happened: Ark, through its Ark Innovation ETF (ARKK), Ark Next Generation Internet ETF (ARKW) and Ark Fintech Innovation ETF (ARKF), amassed 1,967,732 Palantir shares. At Tuesday’s closing price of $21.87, the firm added Palantir shares worth $43.03 million.Palantir now accounts for 1.84% of Ark’s flagship ARKK exchange-traded fund. The stock is in the 21st position in terms of weighting in the ETF, with the value of holding roughly around $137 million. The ARKW carries roughly $24 million Palantir shares, which has a 1.58% weighting in the fund.In ARKF, Palantir makes up 1.29% of weighting or $13.3 million.Ark’s 13F filing in mid-January showed that the firm held 10.94 million Palantir shares valued at $187.80 million at the end of 2023.Why It’s Important: Palantir reported late Monday fourth-quarter revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial segment revenue. The earnings per share was in line with estimates and the Karp-led company guided 2024 in line with estimates.Investors also drew encouragement from the management commentary regarding the traction the company’s AI platform, called AIP, is getting with customers.Following the results, analysts rushed to raise their opinion on the company and its fundamentals.Jefferies upgraded the stock from Underperform to Hold and lifted the price target from $13 to $22.Wedbush maintained an Overweight rating and upped the price target from $25 to $30.Citigroup upgraded from Neutral to Sell and doubled the price target from $10 to $20.Raymond James maintained Outperform rating and hiked the price target from $22 to $25.Mizuho maintained a Neutral rating and nudged up the price target from $16 to $18.RBC Capital maintained an Underperform ratingArk Persists With Tesla Buy: As Tesla rebounded on Tuesday, Ark added another chunk of Tesla shares, continuing its Tesla buying spree. Through ARKK, ARKW and Ark Autonomous Technology & Robotics ETF (ARKQ) added 16,478 Tesla shares valued at $3.05 million.ARKK closed Tuesday’s session up 3.32% at $46.70, according to Benzinga Pro data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262440494924072,"gmtCreate":1705106434156,"gmtModify":1706406704667,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3582155761498710","idStr":"3582155761498710"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/COIN 20240112 140.0 CALL\">$COIN 20240112 140.0 CALL$ </a> 8.9% gain in capital. If you can't beat them join them. Don't resist the market.","listText":"<a href=\"https://ttm.financial/OPT/COIN 20240112 140.0 CALL\">$COIN 20240112 140.0 CALL$ </a> 8.9% gain in capital. If you can't beat them join them. Don't resist the market.","text":"$COIN 20240112 140.0 CALL$ 8.9% gain in capital. If you can't beat them join them. Don't resist the market.","images":[{"img":"https://community-static.tradeup.com/news/32079a5792fb469775e713565b82735f","width":"894","height":"1508"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262440494924072","isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":272368298344672,"gmtCreate":1707533960286,"gmtModify":1707533964952,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582155761498710","authorIdStr":"3582155761498710"},"themes":[],"htmlText":"Guys I can't do everything&nbsp;[Cry]&nbsp;&nbsp;","listText":"Guys I can't do everything&nbsp;[Cry]&nbsp;&nbsp;","text":"Guys I can't do everything [Cry]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/272368298344672","isVote":1,"tweetType":1,"viewCount":420,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":272031238725744,"gmtCreate":1707451658217,"gmtModify":1707451662877,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582155761498710","authorIdStr":"3582155761498710"},"themes":[],"htmlText":"Top 50 spots are eligible for rewards, we're almost there. Work a little harder and smarter and we'll get some free goodies for CNY :)","listText":"Top 50 spots are eligible for rewards, we're almost there. Work a little harder and smarter and we'll get some free goodies for CNY :)","text":"Top 50 spots are eligible for rewards, we're almost there. Work a little harder and smarter and we'll get some free goodies for CNY :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/272031238725744","isVote":1,"tweetType":1,"viewCount":370,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":280732797186376,"gmtCreate":1709563476565,"gmtModify":1709563480378,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582155761498710","authorIdStr":"3582155761498710"},"themes":[],"htmlText":"That means we buy now","listText":"That means we buy now","text":"That means we buy now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/280732797186376","repostId":"2416146168","repostType":2,"repost":{"id":"2416146168","kind":"highlight","pubTimestamp":1709560095,"share":"https://ttm.financial/m/news/2416146168?lang=&edition=fundamental","pubTime":"2024-03-04 21:48","market":"us","language":"en","title":"12 Tech Stocks To Sell Right Now According To Cathie Wood","url":"https://stock-news.laohu8.com/highlight/detail?id=2416146168","media":"Insider Monkey","summary":"In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to 5 Tech Stocks To Sell Right Now According To Cathie Wood.ARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She discussed this approach on CNBC's \"The Exchange\", emphasizing its relevance in the 2024 market landscape. Wood anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Wood's flagship fund, the ARK Innovation ETF, witnessed a noteworthy 70% year-to-date increase in 2023. As the market stabilizes, ARK is diversifying its portfolio, considering the potential reopening of the IPO market and reintroducing previously sold names with improving outlooks.","content":"<html><body><p><span>In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to </span><b>5 Tech Stocks To Sell Right Now According To Cathie Wood. </b></p>\n<p><span>ARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She </span><span>discussed</span><span> this approach on </span><i><span>CNBC's \"The Exchange\"</span></i><span>, emphasizing its relevance in the 2024 market landscape. Wood anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Wood's flagship fund, the <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>, witnessed a noteworthy 70% year-to-date increase in 2023. As the market stabilizes, ARK is diversifying its portfolio, considering the potential reopening of the IPO market and reintroducing previously sold names with improving outlooks. </span></p>\n<p><span>Wood's strategy shift includes an increased focus on companies leading in AI and technology, exemplified by her renewed interest in <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (NASDAQ:META). She highlighted Meta's alignment with CEO Mark Zuckerberg's use of open-source AI. Wood also emphasized the transformative potential of gene editing technologies, particularly mentioning CRISPR Therapeutics, following the FDA approval of the first gene therapy using CRISPR CAS 9 for sickle cell disease. Despite early-stage pricing inefficiencies and cash-burn issues, Wood sees the gene editing sector as an attractive investment opportunity. In another noteworthy development, <a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> (NASDAQ:COIN) surpassed Tesla, Inc. (NASDAQ:TSLA) and became ARK's top holding in Q4 2023. </span></p>\n<p><span>According</span><span> to Cathie Wood, the hype around electric vehicles is just beginning. In the firm's recent \"Big Ideas\" report, Wood predicts that sales of new battery-powered cars could increase by a third each year, reaching 74 million in 2030, with autonomous driving capabilities. Despite approximately 10 million EVs delivered in 2023, the forecast suggests substantial growth. At an average selling price of $20,000 per EV, this could result in over $1.4 trillion in annual revenue potential for EV manufacturers. Wood believes these companies may capture a tenth of that as profit before interest and tax. The downside is a potential decline in demand for internal combustion engine cars, as global new vehicle sales are projected to be around 100 million in 2030. This shift may lead to a \"death spiral for incumbent auto manufacturers,\" warned ARK Invest. Wood gained prominence for her successful bets on Tesla, forecasting a target share price of $2,000 in 2027, primarily driven by Elon Musk solving autonomous driving challenges. Looking ahead to 2040, ARK Invest envisions a \"Cambrian explosion\" in battery technology applications, leading to the transformation of urban landscapes with the advent of flying taxis.</span></p>\n<p><span>Moreover, in January 2024, Cathie Wood </span><span>raised</span><span> her bullish estimate for Bitcoin's price to $1,500,000 by 2030, a 50% increase from her previous prediction of $1 million. Wood attributed the increased likelihood of this optimistic scenario to the recent SEC approval of spot Bitcoin ETFs in the United States. According to her, this approval serves as a green light for the cryptocurrency. In a bear case, Wood anticipates a price of $258,500, while the base case is set at $682,800. ARK Invest supported its projections by pointing to factors such as a higher hashrate, long-term holder supply, and addresses with a non-zero balance. </span></p>\n<p><span>While Cathie Wood is bullish on innovation and disruptive technologies, some of the stocks to sell according to the ARK CEO include NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and <a href=\"https://laohu8.com/S/SSYS\">Stratasys</a> Ltd. (NASDAQ:SSYS). </span></p>\n<p><b><i>Our Methodology </i></b></p>\n<p><span>We scanned Cathie Wood’s ARK portfolio for Q4 2023 and selected the technology stocks where she discarded her stake by at least 20% or more in the last quarter of 2023. We have arranged the list in the ascending order of the percentage of stake discarded. </span><span>We have also assessed the hedge fund sentiment from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the fourth quarter of 2023. Hedge funds’ top 10 consensus stock picks outperformed the S&amp;P 500 Index by more than 140 percentage points over the last 10 years (</span><strong>see the details here</strong><span>).</span></p>\n<img height=\"600\" src=\"https://s1.yimg.com/uu/api/res/1.2/mJ4UNewXLGt3E7bXUfm2ZA--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/33ede3b2a4dafa7bc9d5d35b0755b9e1\" width=\"473\"/> Cathie Wood of ARK Investment Management \n<h2><b>Tech Stocks To Sell Right Now According To Cathie Wood</b></h2>\n<h3><b>12. Check Point Software Technologies Ltd. (NASDAQ:CHKP)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 38</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 20%</i></b></p>\n<p><span>Check Point Software Technologies Ltd. (NASDAQ:CHKP) is a global IT security company that develops, markets, and supports a range of products and services. Their offerings include a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IoT solutions. In the fourth quarter of 2023, Cathie Wood trimmed 20% of her stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP), holding 13,702 shares worth $2 million. </span></p>\n<p><span>On February 6, Check Point Software Technologies Ltd. (NASDAQ:CHKP) reported a Q4 non-GAAP EPS of $2.57 and a revenue of $664 million, outperforming Wall Street estimates by $0.09 and $1.5 million, respectively. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 38 hedge funds were long Check Point Software Technologies Ltd. (NASDAQ:CHKP), compared to 31 funds in the earlier quarter. John W. Rogers’ </span><span>Ariel Investments</span><span> is the leading stakeholder of the company, with 1.5 million shares worth $229.2 million. </span></p>\n<p><span>Like NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS), Check Point Software Technologies Ltd. (NASDAQ:CHKP) is one of the stocks to sell according to ARK Invest. </span></p>\n<p><span>Here</span><span> is what Diamond Hill International Fund Concentrated Fund has to say about Check Point Software Technologies Ltd. (NASDAQ:CHKP) in its Q1 2022 investor letter:</span></p>\n<blockquote>\n<p><span>“Check Point reported a solid Q4 as the company continues its lengthy transition towards a subscription-based sales model. We expect the firm to consistently repurchase shares with the substantial free cash flow it generates each year.”</span></p>\n</blockquote>\n<h3><b>11. L3Harris Technologies, Inc. (NYSE:LHX)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 37</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 20%</i></b></p>\n<p><span>L3Harris Technologies, Inc. (NYSE:LHX) ranks 11th on the list of stocks to sell according to Cathie Wood. It is a global provider of mission-critical solutions for government and commercial clients. The company operates in several segments – Integrated Mission Systems, offering intelligence, surveillance, and reconnaissance systems; Space and Airborne Systems, providing space payloads, sensors, and mission solutions; Communication Systems, delivering broadband and tactical communication solutions; and Aerojet Rocketdyne, offering propulsion technologies for defense and space missions. In Q4 2023, Cathie Wood discarded 20% of her stake in L3Harris Technologies, Inc. (NYSE:LHX). She held 63,700 shares worth $13.4 million. </span></p>\n<p><span>On February 23, L3Harris Technologies, Inc. (NYSE:LHX) declared a $1.16 per share quarterly dividend, a 1.8% increase from its prior dividend of $1.14. The dividend is payable on March 22, to shareholders on record as of March 8. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 37 hedge funds were long L3Harris Technologies, Inc. (NYSE:LHX), down from 44 funds in the last quarter. </span></p>\n<p><span>Diamond Hill Mid Cap Strategy made the following comment about L3Harris Technologies, Inc. (NYSE:LHX) in its Q3 2023 investor </span><span>letter</span><span>:</span></p>\n<blockquote>\n<p><span>“L3Harris Technologies, Inc. (NYSE:LHX) is a defense contractor focused primarily on communications, surveillance and electronic warfare. We anticipate the US’s defense budget will be better than expected over the next few years as the Defense Department focuses on preparing for peer-level threats — an area in which LHX’s capabilities fit nicely. We believe there is room for improvement in recent execution — particularly at recently acquired Aerojet Rocketdyne — and we think LHX’s new management team is well-qualified to improve results. We accordingly capitalized on a recent share-price decline to initiate a position at what we consider a compelling valuation.”</span></p>\n</blockquote>\n<h3><b>10. Xerox Holdings Corporation (NASDAQ:XRX)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 25</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 21%</i></b></p>\n<p><span>Xerox Holdings Corporation (NASDAQ:XRX) is a global workplace technology company that integrates hardware, services, and software for enterprises worldwide. In Q4 2023, Cathie Wood’s ARK Invest sold 21% of its stake in Xerox Holdings Corporation (NASDAQ:XRX). At the end of December, Wood owned 9,874 shares of the company worth $180,990. </span></p>\n<p><span>On February 22, Xerox Holdings Corporation (NASDAQ:XRX) declared a quarterly dividend of $0.25 per share, in line with previous. The dividend is distributable on April 30, to shareholders on record as of March 29. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, Xerox Holdings Corporation (NASDAQ:XRX) was part of 25 hedge fund portfolios, compared to 20 in the last quarter. Mark Coe’s </span><span>Intrinsic Edge Capital</span><span> is a prominent stakeholder of the company. </span></p>\n<h3><b>9. CyberArk Software Ltd. (NASDAQ:CYBR)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 50</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 22%</i></b></p>\n<p><span>CyberArk Software Ltd. (NASDAQ:CYBR) is one of the stocks to sell according to Cathie Wood. CyberArk Software Ltd. (NASDAQ:CYBR) develops and sells software-based security solutions and services. The company's solutions include Privileged Access Manager, Vendor Privileged Access Manager, Endpoint Privilege Manager, Cloud Entitlements Manager, as well as Secrets Manager. In the December quarter, Cathie Wood sold 22% of her stake in CyberArk Software Ltd. (NASDAQ:CYBR). She held 10,984 shares of the company worth $2.40 million. </span></p>\n<p><span>On February 8, CyberArk Software Ltd. (NASDAQ:CYBR) reported a Q4 non-GAAP EPS of $0.81 and a revenue of $223.1 million, topping market expectations by $0.34 and $13.36 million, respectively. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 50 hedge funds were bullish on CyberArk Software Ltd. (NASDAQ:CYBR), compared to 32 funds in the prior quarter. </span><span>RGM Capital</span><span> is the largest stakeholder of the company, with 1 million shares worth over $221 million. </span></p>\n<p><span>Wasatch Small Cap Core Growth Strategy made the following comment about CyberArk Software Ltd. (NASDAQ:CYBR) in its Q4 2022 investor </span><span>letter</span><span>:</span></p>\n<blockquote>\n<p><span>“IT accounted for several of the greatest detractors from strategy performance during the fourth quarter. Among these were Paylocity Holding Corp. (PCTY), CyberArk Software Ltd. (NASDAQ:CYBR) and Q2 Holdings, Inc. (QTWO).</span></p>\n<p><span>A cybersecurity company that operates globally, CyberArk specializes in products and services to protect and safeguard customers’ IT networks and devices. A recent flurry of buyouts by private equity firms has fostered an active rumor mill that’s at times produced rapid gyrations in the prices of cybersecurity stocks. We suspect CyberArk may have been the target of some of this speculation during the third quarter. Moreover, the growing slate of security products offered by cloud-computing giants Microsoft, Amazon Web Services and Google may have bruised investor sentiment toward the group.”</span></p>\n</blockquote>\n<h3><b>8. Taboola.com Ltd. (NASDAQ:TBLA)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 26</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 23%</i></b></p>\n<p><span>Taboola.com Ltd. (NASDAQ:TBLA) operates an artificial intelligence-based algorithmic engine platform globally. The company's Taboola platform collaborates with websites, devices, and mobile apps to provide recommendations for editorial content and advertisements on the open web. Taboola.com Ltd. (NASDAQ:TBLA) is one of the stocks to sell as per Cathie Wood. The ARK portfolio, as of Q4 2023, held 523,612 shares worth $2.26 million after Wood slashed 23% of her stake. </span></p>\n<p><span>On February 28, Taboola.com Ltd. (NASDAQ:TBLA) reported a Q4 GAAP EPS of $0.01, beating market consensus by $0.05. The revenue of $419.8 million, however, fell short of Wall Street estimates by $17.7 million. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 26 hedge funds held stakes in Taboola.com Ltd. (NASDAQ:TBLA), compared to 21 funds in the last quarter. Josh Goldberg’s </span><span>G2 Investment Partners Management</span><span> is the largest stakeholder of the company, with 2.6 million shares worth $11.3 million. </span></p>\n<h3><b>7. <a href=\"https://laohu8.com/S/PTC\">PTC Inc.</a> (NASDAQ:PTC)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 47</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 24%</i></b></p>\n<p><span>PTC Inc. (NASDAQ:PTC) is a software company providing solutions for product lifecycle management, industrial Internet of Things, field service management, and more. The company’s diverse offerings include applications for CAD technology, augmented reality, and dynamic publishing. PTC Inc. (NASDAQ:PTC) is one of the stocks to sell according to Cathie Wood, who discarded 24% of her stake in Q4 2023. ARK Invest held 27,220 shares of PTC worth $4.76 million. </span></p>\n<p><span>On January 31, PTC Inc. (NASDAQ:PTC) reported its financial results for the quarter ending December 31, 2023. The company posted a non-GAAP EPS of $1.11 and a revenue of $550.21 million, beating Wall Street estimates by $0.14 and $12.22 million, respectively. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 47 hedge funds were long PTC Inc. (NASDAQ:PTC), compared to 38 funds in the prior quarter. Stephen Mandel’s </span><span>Lone Pine Capital</span><span> is the biggest stakeholder of the company. </span></p>\n<h3><b>6. Autodesk, Inc. (NASDAQ:ADSK)</b></h3>\n<p><b><i>Number of Hedge Fund Holders: 46</i></b></p>\n<p><b><i>Percentage of Stake Discarded: 26%</i></b></p>\n<p><span>Autodesk, Inc. (NASDAQ:ADSK) is a global provider of 3D design, engineering, and entertainment technology solutions. The company offers a range of software products, including AutoCAD for design and visualization, Fusion 360 for 3D CAD, CAM, and engineering. Autodesk serves architecture, engineering, construction, product design, manufacturing, and media and entertainment sectors. Cathie Wood slashed 26% of her stake in Autodesk, Inc. (NASDAQ:ADSK) in Q4 2023. She owned 18,316 shares worth $4.46 million. </span></p>\n<p><span>On February 20, Baird noted that Autodesk, Inc. (NASDAQ:ADSK) has an attractive business model, indicating a recommendation for investors to continue buying shares into fiscal years 2025 and 2026. The feedback from resellers in the fourth quarter is viewed as positive and consistent with the previous quarter. </span></p>\n<p><span>According to Insider Monkey’s fourth quarter database, 46 hedge funds were bullish on Autodesk, Inc. (NASDAQ:ADSK), compared to 51 funds in the last quarter. William Von Mueffling’s </span><span>Cantillon Capital Management</span><span> is the largest stakeholder of the company, with 1.70 million shares worth $414.5 million. </span></p>\n<p><span>Like NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS), Autodesk, Inc. (NASDAQ:ADSK) is one of the stocks to sell according to Cathie Wood. </span></p>\n<p><span>RiverPark Large Growth Fund made the following comment about Autodesk, Inc. (NASDAQ:ADSK) in its Q2 2023 investor </span><span>letter</span><span>:</span></p>\n<blockquote>\n<p><span>“Autodesk, Inc. (NASDAQ:ADSK): Autodesk was our next top detractor despite quarterly results reported in late May that were in line with expectations. For 1Q, revenue grew 12%, Remaining Performance Obligation (RPO) grew 15%, and the company generated $714 million of FCF, which increased 69% year over year. Profitability for the company was strong, with a 32% non-GAAP operating margin for the quarter, and management reiterated its outlook for the year.</span></p>\n<p><span>Autodesk has a near monopoly on software for designing, building, and managing buildings, as well as software for infrastructure and manufacturing plants, prototyping software for manufacturers of products (including autos, machinery, and consumer products) and document sharing. As a result, we believe ADSK’s business is very sticky. The company expects to grow revenue mid-teens annually over the next several years, and, as we have seen in similar SaaS businesses, as revenue scales, operating margins are expected to expand significantly from their current 32% to more than 40%, more in-line with peers. We believe that ADSK shares can grow along with its mid-teens free cash flow growth over the next several years.”</span></p>\n</blockquote>       \n<p><strong>Click to continue reading and see 5 Tech Stocks To Sell Right Now According To Cathie Wood. </strong></p>   Suggested articles: \n<ul>\n<li><span>14 Social Security Spousal Benefits and Loopholes You Need to Know</span></li>\n<li><span>25 Countries with Most Gold Reserves in 2024</span></li>\n<li><span>13 Biggest 401(k) Mistakes to Avoid</span></li>\n</ul>   \n<p>Disclosure: None. <strong>12 Tech Stocks To Sell Right Now According To Cathie Wood </strong>is originally published on Insider Monkey.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>12 Tech Stocks To Sell Right Now According To Cathie Wood</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n12 Tech Stocks To Sell Right Now According To Cathie Wood\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-03-04 21:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/12-tech-stocks-sell-now-134815433.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to 5 Tech Stocks To Sell Right Now ...</p>\n\n<a href=\"https://finance.yahoo.com/news/12-tech-stocks-sell-now-134815433.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/VFIvepRv_dTLck0n.Amj_g--~B/aD02MDA7dz00NzM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/insidermonkey.com/33ede3b2a4dafa7bc9d5d35b0755b9e1","relate_stocks":{"LU1992135472.HKD":"ALLIANZ GLOBAL INTELLIGENT CITIES \"AT\" (HKD) ACC","BK4574":"无人驾驶","PSQ":"纳指反向ETF","CYBR":"Cyber-Ark Software","QLD":"纳指两倍做多ETF","TBLA":"Taboola Com Ltd","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","QTWO":"Q2 Holdings Inc","TSLA":"特斯拉","PCTY":"Paylocity Holding Corporation","BK4581":"高盛持仓","ARKK":"ARK Innovation ETF","CHKP":"Check Point软件科技","BK4085":"互动家庭娱乐","COIN":"Coinbase Global, Inc.","PTC":"PTC Inc.","LU0672654240.SGD":"FTIF - Franklin US Opportunities A Acc SGD-H1","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","META":"Meta Platforms, Inc.","LU0708995401.HKD":"FRANKLIN U.S. OPPORTUNITIES \"A\" (HKD) ACC","BK4170":"电脑硬件、储存设备及电脑周边","SQQQ":"纳指三倍做空ETF","ADSK":"欧特克","BK4539":"次新股","QQQ":"纳指100ETF","SG9999002620.SGD":"LionGlobal South East Asia SGD","BK4592":"伊斯兰概念","BK4161":"工业机械","BK4532":"文艺复兴科技持仓","SSYS":"Stratasys","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","XRX":"施乐","QID":"纳指两倍做空ETF","SE":"Sea Ltd","BK4595":"比特币概念","LU0208291251.USD":"FRANKLIN MUTUAL U.S. VALUE \"A\" (USD) INC","NVDA":"英伟达","TQQQ":"纳指三倍做多ETF","BK4524":"宅经济概念","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","BK4527":"明星科技股","LHX":"哈里斯公司",".IXIC":"NASDAQ Composite","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC"},"source_url":"https://finance.yahoo.com/news/12-tech-stocks-sell-now-134815433.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2416146168","content_text":"In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to 5 Tech Stocks To Sell Right Now According To Cathie Wood. \nARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She discussed this approach on CNBC's \"The Exchange\", emphasizing its relevance in the 2024 market landscape. Wood anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Wood's flagship fund, the ARK Innovation ETF, witnessed a noteworthy 70% year-to-date increase in 2023. As the market stabilizes, ARK is diversifying its portfolio, considering the potential reopening of the IPO market and reintroducing previously sold names with improving outlooks. \nWood's strategy shift includes an increased focus on companies leading in AI and technology, exemplified by her renewed interest in Meta Platforms, Inc. (NASDAQ:META). She highlighted Meta's alignment with CEO Mark Zuckerberg's use of open-source AI. Wood also emphasized the transformative potential of gene editing technologies, particularly mentioning CRISPR Therapeutics, following the FDA approval of the first gene therapy using CRISPR CAS 9 for sickle cell disease. Despite early-stage pricing inefficiencies and cash-burn issues, Wood sees the gene editing sector as an attractive investment opportunity. In another noteworthy development, Coinbase Global, Inc. (NASDAQ:COIN) surpassed Tesla, Inc. (NASDAQ:TSLA) and became ARK's top holding in Q4 2023. \nAccording to Cathie Wood, the hype around electric vehicles is just beginning. In the firm's recent \"Big Ideas\" report, Wood predicts that sales of new battery-powered cars could increase by a third each year, reaching 74 million in 2030, with autonomous driving capabilities. Despite approximately 10 million EVs delivered in 2023, the forecast suggests substantial growth. At an average selling price of $20,000 per EV, this could result in over $1.4 trillion in annual revenue potential for EV manufacturers. Wood believes these companies may capture a tenth of that as profit before interest and tax. The downside is a potential decline in demand for internal combustion engine cars, as global new vehicle sales are projected to be around 100 million in 2030. This shift may lead to a \"death spiral for incumbent auto manufacturers,\" warned ARK Invest. Wood gained prominence for her successful bets on Tesla, forecasting a target share price of $2,000 in 2027, primarily driven by Elon Musk solving autonomous driving challenges. Looking ahead to 2040, ARK Invest envisions a \"Cambrian explosion\" in battery technology applications, leading to the transformation of urban landscapes with the advent of flying taxis.\nMoreover, in January 2024, Cathie Wood raised her bullish estimate for Bitcoin's price to $1,500,000 by 2030, a 50% increase from her previous prediction of $1 million. Wood attributed the increased likelihood of this optimistic scenario to the recent SEC approval of spot Bitcoin ETFs in the United States. According to her, this approval serves as a green light for the cryptocurrency. In a bear case, Wood anticipates a price of $258,500, while the base case is set at $682,800. ARK Invest supported its projections by pointing to factors such as a higher hashrate, long-term holder supply, and addresses with a non-zero balance. \nWhile Cathie Wood is bullish on innovation and disruptive technologies, some of the stocks to sell according to the ARK CEO include NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS). \nOur Methodology \nWe scanned Cathie Wood’s ARK portfolio for Q4 2023 and selected the technology stocks where she discarded her stake by at least 20% or more in the last quarter of 2023. We have arranged the list in the ascending order of the percentage of stake discarded. We have also assessed the hedge fund sentiment from Insider Monkey’s database of 933 elite hedge funds tracked as of the end of the fourth quarter of 2023. Hedge funds’ top 10 consensus stock picks outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here).\n Cathie Wood of ARK Investment Management \nTech Stocks To Sell Right Now According To Cathie Wood\n12. Check Point Software Technologies Ltd. (NASDAQ:CHKP)\nNumber of Hedge Fund Holders: 38\nPercentage of Stake Discarded: 20%\nCheck Point Software Technologies Ltd. (NASDAQ:CHKP) is a global IT security company that develops, markets, and supports a range of products and services. Their offerings include a multilevel security architecture, cloud, network, mobile devices, endpoints information, and IoT solutions. In the fourth quarter of 2023, Cathie Wood trimmed 20% of her stake in Check Point Software Technologies Ltd. (NASDAQ:CHKP), holding 13,702 shares worth $2 million. \nOn February 6, Check Point Software Technologies Ltd. (NASDAQ:CHKP) reported a Q4 non-GAAP EPS of $2.57 and a revenue of $664 million, outperforming Wall Street estimates by $0.09 and $1.5 million, respectively. \nAccording to Insider Monkey’s fourth quarter database, 38 hedge funds were long Check Point Software Technologies Ltd. (NASDAQ:CHKP), compared to 31 funds in the earlier quarter. John W. Rogers’ Ariel Investments is the leading stakeholder of the company, with 1.5 million shares worth $229.2 million. \nLike NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS), Check Point Software Technologies Ltd. (NASDAQ:CHKP) is one of the stocks to sell according to ARK Invest. \nHere is what Diamond Hill International Fund Concentrated Fund has to say about Check Point Software Technologies Ltd. (NASDAQ:CHKP) in its Q1 2022 investor letter:\n\n“Check Point reported a solid Q4 as the company continues its lengthy transition towards a subscription-based sales model. We expect the firm to consistently repurchase shares with the substantial free cash flow it generates each year.”\n\n11. L3Harris Technologies, Inc. (NYSE:LHX)\nNumber of Hedge Fund Holders: 37\nPercentage of Stake Discarded: 20%\nL3Harris Technologies, Inc. (NYSE:LHX) ranks 11th on the list of stocks to sell according to Cathie Wood. It is a global provider of mission-critical solutions for government and commercial clients. The company operates in several segments – Integrated Mission Systems, offering intelligence, surveillance, and reconnaissance systems; Space and Airborne Systems, providing space payloads, sensors, and mission solutions; Communication Systems, delivering broadband and tactical communication solutions; and Aerojet Rocketdyne, offering propulsion technologies for defense and space missions. In Q4 2023, Cathie Wood discarded 20% of her stake in L3Harris Technologies, Inc. (NYSE:LHX). She held 63,700 shares worth $13.4 million. \nOn February 23, L3Harris Technologies, Inc. (NYSE:LHX) declared a $1.16 per share quarterly dividend, a 1.8% increase from its prior dividend of $1.14. The dividend is payable on March 22, to shareholders on record as of March 8. \nAccording to Insider Monkey’s fourth quarter database, 37 hedge funds were long L3Harris Technologies, Inc. (NYSE:LHX), down from 44 funds in the last quarter. \nDiamond Hill Mid Cap Strategy made the following comment about L3Harris Technologies, Inc. (NYSE:LHX) in its Q3 2023 investor letter:\n\n“L3Harris Technologies, Inc. (NYSE:LHX) is a defense contractor focused primarily on communications, surveillance and electronic warfare. We anticipate the US’s defense budget will be better than expected over the next few years as the Defense Department focuses on preparing for peer-level threats — an area in which LHX’s capabilities fit nicely. We believe there is room for improvement in recent execution — particularly at recently acquired Aerojet Rocketdyne — and we think LHX’s new management team is well-qualified to improve results. We accordingly capitalized on a recent share-price decline to initiate a position at what we consider a compelling valuation.”\n\n10. Xerox Holdings Corporation (NASDAQ:XRX)\nNumber of Hedge Fund Holders: 25\nPercentage of Stake Discarded: 21%\nXerox Holdings Corporation (NASDAQ:XRX) is a global workplace technology company that integrates hardware, services, and software for enterprises worldwide. In Q4 2023, Cathie Wood’s ARK Invest sold 21% of its stake in Xerox Holdings Corporation (NASDAQ:XRX). At the end of December, Wood owned 9,874 shares of the company worth $180,990. \nOn February 22, Xerox Holdings Corporation (NASDAQ:XRX) declared a quarterly dividend of $0.25 per share, in line with previous. The dividend is distributable on April 30, to shareholders on record as of March 29. \nAccording to Insider Monkey’s fourth quarter database, Xerox Holdings Corporation (NASDAQ:XRX) was part of 25 hedge fund portfolios, compared to 20 in the last quarter. Mark Coe’s Intrinsic Edge Capital is a prominent stakeholder of the company. \n9. CyberArk Software Ltd. (NASDAQ:CYBR)\nNumber of Hedge Fund Holders: 50\nPercentage of Stake Discarded: 22%\nCyberArk Software Ltd. (NASDAQ:CYBR) is one of the stocks to sell according to Cathie Wood. CyberArk Software Ltd. (NASDAQ:CYBR) develops and sells software-based security solutions and services. The company's solutions include Privileged Access Manager, Vendor Privileged Access Manager, Endpoint Privilege Manager, Cloud Entitlements Manager, as well as Secrets Manager. In the December quarter, Cathie Wood sold 22% of her stake in CyberArk Software Ltd. (NASDAQ:CYBR). She held 10,984 shares of the company worth $2.40 million. \nOn February 8, CyberArk Software Ltd. (NASDAQ:CYBR) reported a Q4 non-GAAP EPS of $0.81 and a revenue of $223.1 million, topping market expectations by $0.34 and $13.36 million, respectively. \nAccording to Insider Monkey’s fourth quarter database, 50 hedge funds were bullish on CyberArk Software Ltd. (NASDAQ:CYBR), compared to 32 funds in the prior quarter. RGM Capital is the largest stakeholder of the company, with 1 million shares worth over $221 million. \nWasatch Small Cap Core Growth Strategy made the following comment about CyberArk Software Ltd. (NASDAQ:CYBR) in its Q4 2022 investor letter:\n\n“IT accounted for several of the greatest detractors from strategy performance during the fourth quarter. Among these were Paylocity Holding Corp. (PCTY), CyberArk Software Ltd. (NASDAQ:CYBR) and Q2 Holdings, Inc. (QTWO).\nA cybersecurity company that operates globally, CyberArk specializes in products and services to protect and safeguard customers’ IT networks and devices. A recent flurry of buyouts by private equity firms has fostered an active rumor mill that’s at times produced rapid gyrations in the prices of cybersecurity stocks. We suspect CyberArk may have been the target of some of this speculation during the third quarter. Moreover, the growing slate of security products offered by cloud-computing giants Microsoft, Amazon Web Services and Google may have bruised investor sentiment toward the group.”\n\n8. Taboola.com Ltd. (NASDAQ:TBLA)\nNumber of Hedge Fund Holders: 26\nPercentage of Stake Discarded: 23%\nTaboola.com Ltd. (NASDAQ:TBLA) operates an artificial intelligence-based algorithmic engine platform globally. The company's Taboola platform collaborates with websites, devices, and mobile apps to provide recommendations for editorial content and advertisements on the open web. Taboola.com Ltd. (NASDAQ:TBLA) is one of the stocks to sell as per Cathie Wood. The ARK portfolio, as of Q4 2023, held 523,612 shares worth $2.26 million after Wood slashed 23% of her stake. \nOn February 28, Taboola.com Ltd. (NASDAQ:TBLA) reported a Q4 GAAP EPS of $0.01, beating market consensus by $0.05. The revenue of $419.8 million, however, fell short of Wall Street estimates by $17.7 million. \nAccording to Insider Monkey’s fourth quarter database, 26 hedge funds held stakes in Taboola.com Ltd. (NASDAQ:TBLA), compared to 21 funds in the last quarter. Josh Goldberg’s G2 Investment Partners Management is the largest stakeholder of the company, with 2.6 million shares worth $11.3 million. \n7. PTC Inc. (NASDAQ:PTC)\nNumber of Hedge Fund Holders: 47\nPercentage of Stake Discarded: 24%\nPTC Inc. (NASDAQ:PTC) is a software company providing solutions for product lifecycle management, industrial Internet of Things, field service management, and more. The company’s diverse offerings include applications for CAD technology, augmented reality, and dynamic publishing. PTC Inc. (NASDAQ:PTC) is one of the stocks to sell according to Cathie Wood, who discarded 24% of her stake in Q4 2023. ARK Invest held 27,220 shares of PTC worth $4.76 million. \nOn January 31, PTC Inc. (NASDAQ:PTC) reported its financial results for the quarter ending December 31, 2023. The company posted a non-GAAP EPS of $1.11 and a revenue of $550.21 million, beating Wall Street estimates by $0.14 and $12.22 million, respectively. \nAccording to Insider Monkey’s fourth quarter database, 47 hedge funds were long PTC Inc. (NASDAQ:PTC), compared to 38 funds in the prior quarter. Stephen Mandel’s Lone Pine Capital is the biggest stakeholder of the company. \n6. Autodesk, Inc. (NASDAQ:ADSK)\nNumber of Hedge Fund Holders: 46\nPercentage of Stake Discarded: 26%\nAutodesk, Inc. (NASDAQ:ADSK) is a global provider of 3D design, engineering, and entertainment technology solutions. The company offers a range of software products, including AutoCAD for design and visualization, Fusion 360 for 3D CAD, CAM, and engineering. Autodesk serves architecture, engineering, construction, product design, manufacturing, and media and entertainment sectors. Cathie Wood slashed 26% of her stake in Autodesk, Inc. (NASDAQ:ADSK) in Q4 2023. She owned 18,316 shares worth $4.46 million. \nOn February 20, Baird noted that Autodesk, Inc. (NASDAQ:ADSK) has an attractive business model, indicating a recommendation for investors to continue buying shares into fiscal years 2025 and 2026. The feedback from resellers in the fourth quarter is viewed as positive and consistent with the previous quarter. \nAccording to Insider Monkey’s fourth quarter database, 46 hedge funds were bullish on Autodesk, Inc. (NASDAQ:ADSK), compared to 51 funds in the last quarter. William Von Mueffling’s Cantillon Capital Management is the largest stakeholder of the company, with 1.70 million shares worth $414.5 million. \nLike NVIDIA Corporation (NASDAQ:NVDA), Sea Limited (NYSE:SE), and Stratasys Ltd. (NASDAQ:SSYS), Autodesk, Inc. (NASDAQ:ADSK) is one of the stocks to sell according to Cathie Wood. \nRiverPark Large Growth Fund made the following comment about Autodesk, Inc. (NASDAQ:ADSK) in its Q2 2023 investor letter:\n\n“Autodesk, Inc. (NASDAQ:ADSK): Autodesk was our next top detractor despite quarterly results reported in late May that were in line with expectations. For 1Q, revenue grew 12%, Remaining Performance Obligation (RPO) grew 15%, and the company generated $714 million of FCF, which increased 69% year over year. Profitability for the company was strong, with a 32% non-GAAP operating margin for the quarter, and management reiterated its outlook for the year.\nAutodesk has a near monopoly on software for designing, building, and managing buildings, as well as software for infrastructure and manufacturing plants, prototyping software for manufacturers of products (including autos, machinery, and consumer products) and document sharing. As a result, we believe ADSK’s business is very sticky. The company expects to grow revenue mid-teens annually over the next several years, and, as we have seen in similar SaaS businesses, as revenue scales, operating margins are expected to expand significantly from their current 32% to more than 40%, more in-line with peers. We believe that ADSK shares can grow along with its mid-teens free cash flow growth over the next several years.”\n       \nClick to continue reading and see 5 Tech Stocks To Sell Right Now According To Cathie Wood.    Suggested articles: \n\n14 Social Security Spousal Benefits and Loopholes You Need to Know\n25 Countries with Most Gold Reserves in 2024\n13 Biggest 401(k) Mistakes to Avoid\n   \nDisclosure: None. 12 Tech Stocks To Sell Right Now According To Cathie Wood is originally published on Insider Monkey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4169158142908722","authorId":"4169158142908722","name":"DeeToksNZ","avatar":"https://community-static.tradeup.com/news/f403254c751a628c0cd4884f5ef7e512","crmLevel":1,"crmLevelSwitch":0,"idStr":"4169158142908722","authorIdStr":"4169158142908722"},"content":"I missed this post - I definitely would appreciate future insights you might see💯","text":"I missed this post - I definitely would appreciate future insights you might see💯","html":"I missed this post - I definitely would appreciate future insights you might see💯"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":280811538694304,"gmtCreate":1709582697237,"gmtModify":1709582703041,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582155761498710","authorIdStr":"3582155761498710"},"themes":[],"htmlText":"I got the moolah&nbsp;","listText":"I got the moolah&nbsp;","text":"I got the moolah","images":[{"img":"https://community-static.tradeup.com/news/1ececd77cfa78c62496580d9a688e838","width":"906","height":"1406"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/280811538694304","isVote":1,"tweetType":1,"viewCount":443,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4169158142908722","authorId":"4169158142908722","name":"DeeToksNZ","avatar":"https://community-static.tradeup.com/news/f403254c751a628c0cd4884f5ef7e512","crmLevel":1,"crmLevelSwitch":0,"idStr":"4169158142908722","authorIdStr":"4169158142908722"},"content":"That's awesome news! Do the work & get the treats🫡","text":"That's awesome news! Do the work & get the treats🫡","html":"That's awesome news! Do the work & get the treats🫡"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":271374397325552,"gmtCreate":1707291485901,"gmtModify":1707291561101,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582155761498710","authorIdStr":"3582155761498710"},"themes":[],"htmlText":"Time to sell PLTR.","listText":"Time to sell PLTR.","text":"Time to sell PLTR.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/271374397325552","repostId":"1158690985","repostType":4,"repost":{"id":"1158690985","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1707287503,"share":"https://ttm.financial/m/news/1158690985?lang=&edition=fundamental","pubTime":"2024-02-07 14:31","market":"us","language":"en","title":"Cathie Wood Joins Palantir Party As Ark Hoards $43M Palantir Stock Following 30% Post-Earnings Spike","url":"https://stock-news.laohu8.com/highlight/detail?id=1158690985","media":"Benzinga","summary":"ZINGER KEY POINTSPalantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial businessPalantir now accounts for 1.84% of Ark's fl","content":"<html><head></head><body><h4 id=\"id_4294777672\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Palantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial business</p></li><li><p>Palantir now accounts for 1.84% of Ark&#39;s flagship ARKK exchange-traded fund.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b850cdf5e718eafddfd793fcf034caa\" tg-width=\"1024\" tg-height=\"576\"/></p><p style=\"text-align: start;\"><strong>Palantir Technologies, Inc. </strong>shares rallied over 30% Tuesday after the company’sfourth-quarter results and AI opportunity resulted in analysts reratingtheir estimates and price targets. <strong>Cathie Wood’s Ark Invest </strong>bulked up on the shares on their way up, potentially reflecting the faith in the <strong>Alex Karp</strong>-led company’s disruptive potential.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> Ark, through its <strong>Ark Innovation ETF (ARKK)</strong>, <strong>Ark Next Generation Internet ETF (ARKW) </strong>and <strong>Ark Fintech Innovation ETF (ARKF)</strong>, amassed 1,967,732 Palantir shares. At Tuesday’s closing price of $21.87, the firm added Palantir shares worth $43.03 million.</p><p style=\"text-align: start;\">Palantir now accounts for 1.84% of Ark’s flagship ARKK exchange-traded fund. The stock is in the 21st position in terms of weighting in the ETF, with the value of holding roughly around $137 million. The ARKW carries roughly $24 million Palantir shares, which has a 1.58% weighting in the fund.</p><p style=\"text-align: start;\">In ARKF, Palantir makes up 1.29% of weighting or $13.3 million.</p><p style=\"text-align: start;\">Ark’s 13F filing in mid-January showed that the firm held 10.94 million Palantir shares valued at $187.80 million at the end of 2023.</p><p><strong>Why It’s Important:</strong> Palantir reported late Monday fourth-quarter revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial segment revenue. The earnings per share was in line with estimates and the Karp-led company guided 2024 in line with estimates.</p><p style=\"text-align: start;\">Investors also drew encouragement from the management commentary regarding the traction the company’s AI platform, called AIP, is getting with customers.</p><p style=\"text-align: start;\">Following the results, analysts rushed to raise their opinion on the company and its fundamentals.</p><ul style=\"list-style-type: disc;\"><li><p>Jefferies upgraded the stock from Underperform to Hold and lifted the price target from $13 to $22.</p></li><li><p>Wedbush maintained an Overweight rating and upped the price target from $25 to $30.</p></li><li><p>Citigroup upgraded from Neutral to Sell and doubled the price target from $10 to $20.</p></li><li><p>Raymond James maintained Outperform rating and hiked the price target from $22 to $25.</p></li><li><p>Mizuho maintained a Neutral rating and nudged up the price target from $16 to $18.</p></li><li><p>RBC Capital maintained an Underperform rating</p></li></ul><p style=\"text-align: start;\"><strong>Ark Persists With Tesla Buy: </strong>As Tesla rebounded on Tuesday, Ark added another chunk of Tesla shares, continuing its Tesla buying spree. Through ARKK, ARKW and <strong>Ark Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>added 16,478 Tesla shares valued at $3.05 million.</p><p style=\"text-align: start;\">ARKK closed Tuesday’s session up 3.32% at $46.70, according to Benzinga Pro data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Joins Palantir Party As Ark Hoards $43M Palantir Stock Following 30% Post-Earnings Spike</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Joins Palantir Party As Ark Hoards $43M Palantir Stock Following 30% Post-Earnings Spike\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2024-02-07 14:31</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4 id=\"id_4294777672\" style=\"text-align: start;\">ZINGER KEY POINTS</h4><ul style=\"list-style-type: disc;\"><li><p>Palantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial business</p></li><li><p>Palantir now accounts for 1.84% of Ark&#39;s flagship ARKK exchange-traded fund.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2b850cdf5e718eafddfd793fcf034caa\" tg-width=\"1024\" tg-height=\"576\"/></p><p style=\"text-align: start;\"><strong>Palantir Technologies, Inc. </strong>shares rallied over 30% Tuesday after the company’sfourth-quarter results and AI opportunity resulted in analysts reratingtheir estimates and price targets. <strong>Cathie Wood’s Ark Invest </strong>bulked up on the shares on their way up, potentially reflecting the faith in the <strong>Alex Karp</strong>-led company’s disruptive potential.</p><p style=\"text-align: start;\"><strong>What Happened:</strong> Ark, through its <strong>Ark Innovation ETF (ARKK)</strong>, <strong>Ark Next Generation Internet ETF (ARKW) </strong>and <strong>Ark Fintech Innovation ETF (ARKF)</strong>, amassed 1,967,732 Palantir shares. At Tuesday’s closing price of $21.87, the firm added Palantir shares worth $43.03 million.</p><p style=\"text-align: start;\">Palantir now accounts for 1.84% of Ark’s flagship ARKK exchange-traded fund. The stock is in the 21st position in terms of weighting in the ETF, with the value of holding roughly around $137 million. The ARKW carries roughly $24 million Palantir shares, which has a 1.58% weighting in the fund.</p><p style=\"text-align: start;\">In ARKF, Palantir makes up 1.29% of weighting or $13.3 million.</p><p style=\"text-align: start;\">Ark’s 13F filing in mid-January showed that the firm held 10.94 million Palantir shares valued at $187.80 million at the end of 2023.</p><p><strong>Why It’s Important:</strong> Palantir reported late Monday fourth-quarter revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial segment revenue. The earnings per share was in line with estimates and the Karp-led company guided 2024 in line with estimates.</p><p style=\"text-align: start;\">Investors also drew encouragement from the management commentary regarding the traction the company’s AI platform, called AIP, is getting with customers.</p><p style=\"text-align: start;\">Following the results, analysts rushed to raise their opinion on the company and its fundamentals.</p><ul style=\"list-style-type: disc;\"><li><p>Jefferies upgraded the stock from Underperform to Hold and lifted the price target from $13 to $22.</p></li><li><p>Wedbush maintained an Overweight rating and upped the price target from $25 to $30.</p></li><li><p>Citigroup upgraded from Neutral to Sell and doubled the price target from $10 to $20.</p></li><li><p>Raymond James maintained Outperform rating and hiked the price target from $22 to $25.</p></li><li><p>Mizuho maintained a Neutral rating and nudged up the price target from $16 to $18.</p></li><li><p>RBC Capital maintained an Underperform rating</p></li></ul><p style=\"text-align: start;\"><strong>Ark Persists With Tesla Buy: </strong>As Tesla rebounded on Tuesday, Ark added another chunk of Tesla shares, continuing its Tesla buying spree. Through ARKK, ARKW and <strong>Ark Autonomous Technology &amp; Robotics ETF (ARKQ) </strong>added 16,478 Tesla shares valued at $3.05 million.</p><p style=\"text-align: start;\">ARKK closed Tuesday’s session up 3.32% at $46.70, according to Benzinga Pro data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","PLTR":"Palantir Technologies Inc.","ARKW":"ARK Next Generation Internation ETF","ARKK":"ARK Innovation ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158690985","content_text":"ZINGER KEY POINTSPalantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial businessPalantir now accounts for 1.84% of Ark's flagship ARKK exchange-traded fund.Palantir Technologies, Inc. shares rallied over 30% Tuesday after the company’sfourth-quarter results and AI opportunity resulted in analysts reratingtheir estimates and price targets. Cathie Wood’s Ark Invest bulked up on the shares on their way up, potentially reflecting the faith in the Alex Karp-led company’s disruptive potential.What Happened: Ark, through its Ark Innovation ETF (ARKK), Ark Next Generation Internet ETF (ARKW) and Ark Fintech Innovation ETF (ARKF), amassed 1,967,732 Palantir shares. At Tuesday’s closing price of $21.87, the firm added Palantir shares worth $43.03 million.Palantir now accounts for 1.84% of Ark’s flagship ARKK exchange-traded fund. The stock is in the 21st position in terms of weighting in the ETF, with the value of holding roughly around $137 million. The ARKW carries roughly $24 million Palantir shares, which has a 1.58% weighting in the fund.In ARKF, Palantir makes up 1.29% of weighting or $13.3 million.Ark’s 13F filing in mid-January showed that the firm held 10.94 million Palantir shares valued at $187.80 million at the end of 2023.Why It’s Important: Palantir reported late Monday fourth-quarter revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial segment revenue. The earnings per share was in line with estimates and the Karp-led company guided 2024 in line with estimates.Investors also drew encouragement from the management commentary regarding the traction the company’s AI platform, called AIP, is getting with customers.Following the results, analysts rushed to raise their opinion on the company and its fundamentals.Jefferies upgraded the stock from Underperform to Hold and lifted the price target from $13 to $22.Wedbush maintained an Overweight rating and upped the price target from $25 to $30.Citigroup upgraded from Neutral to Sell and doubled the price target from $10 to $20.Raymond James maintained Outperform rating and hiked the price target from $22 to $25.Mizuho maintained a Neutral rating and nudged up the price target from $16 to $18.RBC Capital maintained an Underperform ratingArk Persists With Tesla Buy: As Tesla rebounded on Tuesday, Ark added another chunk of Tesla shares, continuing its Tesla buying spree. Through ARKK, ARKW and Ark Autonomous Technology & Robotics ETF (ARKQ) added 16,478 Tesla shares valued at $3.05 million.ARKK closed Tuesday’s session up 3.32% at $46.70, according to Benzinga Pro data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":292888970027128,"gmtCreate":1712532436125,"gmtModify":1712532440151,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582155761498710","authorIdStr":"3582155761498710"},"themes":[],"htmlText":"Musk literally said Reuters was lying.","listText":"Musk literally said Reuters was lying.","text":"Musk literally said Reuters was lying.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/292888970027128","repostId":"2425675454","repostType":2,"repost":{"id":"2425675454","kind":"highlight","pubTimestamp":1712527383,"share":"https://ttm.financial/m/news/2425675454?lang=&edition=fundamental","pubTime":"2024-04-08 06:03","market":"us","language":"en","title":"Tesla shifts focus from affordable EVs to 'robotaxis'","url":"https://stock-news.laohu8.com/highlight/detail?id=2425675454","media":"Informed Investor","summary":"Goodbye, Tesla, and Elon Musk&#39;s pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead concentrate on the increasingly discredited idea of a &#39;robotaxi.&#39;","content":"<html><body><br/>Goodbye, Tesla, and Elon Musk's pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead concentrate on the increasingly discredited idea of a 'robotaxi.'<br/><br/>That was a development Musk hurriedly confirmed in a post on his X platform soon after the Reuters story appeared.<br/><br/>The Reuters report and Musk's confirmation came the same week as Tesla started an interest-free offer to prospective buyers in China of its Model Y and 3 vehicles produced at its huge factory in Shanghai, as the sales war intensifies.<br/><br/>The exclusive Reuters report drew that immediate reaction from Musk - but not Tesla.<br/><br/>Tesla said nothing, Musk 'Xed' (Tweeted) that Tesla would unveil its robotaxi on August 8 - not the actual vehicle, but the idea.<br/><br/>One analyst reckoned the real story is that the company’s first-quarter results - due out April 23 - will be so weak that Musk needs a diversion and the unwanted robotaxi is it.<br/><br/>Reuters said in its report, and other analysts made similar points over the weekend, that the robotaxi doesn't work and Tesla's self-driving mode for its existing vehicles is a $US12,000 option or a $US199 monthly subscription.<br/><br/>But the company’s online sales brochures make the point in small type that the system needs constant driver scrutiny - in other words, a Tesla with the option still needs to be driven.<br/><br/>Tesla shares fell 3.6% in regular trading in the wake of the Reuters report but around 4% after-hours on the tweet from Musk. The shares lost more than 6% in the week (before the after-hours kick-up).<br/><br/>Overall demand for EVs in the US has slowed significantly — notching just 3.3% growth in sales growth in the March quarter, with stocks of unsold models of Tesla's best-selling car, the Model Y, at their highest ever, prompting big price cuts.<br/><br/>Earlier last week, the company also reported that total deliveries of its vehicles declined for the first time in almost four years.<br/><br/>Reuters had reported in its story that Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by the news agency.<br/><br/>\"The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.<br/><br/>\"The decision represents an abandonment of a longstanding goal that Tesla chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. His first 'master plan' for the company in 2006 called for manufacturing luxury models first, then using the profits to finance a 'low-cost family car.'<br/><br/>\"He has since repeatedly promised such a vehicle to investors and consumers. As recently as January, Musk told investors that Tesla planned to start production of the affordable model at its Texas factory in the second half of 2025, following an exclusive Reuters report detailing those plans.<br/><br/>Tesla’s cheapest current model, the Model 3 sedan, retails for about $US39,000 in the United States. The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $US25,000.<br/><br/>Tesla faces growing competition from Chinese electric-vehicle makers (led by BYD) flooding the market with cars priced as low as $US10,000.<br/><br/>The plan for driverless robotaxis, which could take longer to deliver, presents a stiffer engineering challenge and more regulatory risk.<br/><br/>\"Two sources said they learned of Tesla's decision to scrap the Model 2 in a meeting attended by scores of employees, with one of them saying the gathering happened in late February.\"<br/><br/>“Elon’s directive is to go all-in on robotaxi,” that person said. Reuters reported that the new plans call for robotaxis to be produced, but in much lower volumes than had been projected for the Model 2.<br/><br/>One event last week underlined just how far Tesla had fallen behind China’s EC companies. BYD teased by releasing pictures of a conventionally styled EV pickup to take on the underperforming EV offerings like the Ford Ranger and F-150 Lightning, the Toyota Hilux, and the Tesla Cybertruck.<br/><br/>Chinese car websites said BYD hasn’t talked about price but the reports pointed out that the price will be a lot less than the near $US100,000 Musk has been talking about for its monster Cybertruck (a pickup) and the $US80,000 to $US100,000 for EV versions of Ford and GM pickups.<br/><br/>They pointed out there are a large number of restrictions on owning and operating pickups in China (they can’t go at more than 100 KPH, other cars are allowed to go 20 kph faster, pickups have to be scrapped after 15 years, and they have to undergo annual inspections - ordinary sedans and SUVs don’t.<br/><br/>Geely launched a pickup-style vehicle in 2022 but has been selling it outside China, starting in Laos. Geely controls Volvo, and a pickup-style vehicle could be an option for Europe produced by the Swedish group.<br/><br/>Chinese analysts said it is being aimed at offshore markets southern Asia, India, parts of Africa, Australia, NZ where there is a pickup (ute) culture established).<br/><br/>American business media pointed out that the robotaxi idea is not very successful in the US with several stuttering ventures<br/><br/>Alphabet’s autonomous vehicle unit Waymo operates driverless ride-hailing services in Phoenix, San Francisco, and Los Angeles, and is now ramping up in Tesla’s home base of Austin, Texas.<br/><br/>GM’s Cruise service previously offered self-driving car services in San Francisco, before being wound down under regulatory scrutiny after an accident.</body></html>","source":"informedinvestor","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shifts focus from affordable EVs to 'robotaxis'</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shifts focus from affordable EVs to 'robotaxis'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-08 06:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.sharecafe.com.au/2024/04/08/tesla-shifts-focus-from-affordable-evs-to-robotaxis/><strong>Informed Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Goodbye, Tesla, and Elon Musk's pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead ...</p>\n\n<a href=\"https://www.sharecafe.com.au/2024/04/08/tesla-shifts-focus-from-affordable-evs-to-robotaxis/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://informed-investor.s3.ap-southeast-2.amazonaws.com/images/News/36ef4c799e69de9ff4c907bf96a36c01e25a6da1.jpg","relate_stocks":{"LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","BK4592":"伊斯兰概念","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","TSLA":"特斯拉","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","TSLL":"Direxion Daily TSLA Bull 2X Shares","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU0823411888.USD":"法巴消费创新基金 Cap","BK4534":"瑞士信贷持仓","BK4585":"ETF&股票定投概念","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0082616367.USD":"摩根大通美国科技A（dist）","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4555":"新能源车","LU0056508442.USD":"贝莱德世界科技基金A2","LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BK4527":"明星科技股","LU0820562030.AUD":"ALLIANZ INCOME AND GROWTH \"AMH2\" (AUDHDG) H2 INC","BK4588":"碎股","BK4550":"红杉资本持仓","LU2063271972.USD":"富兰克林创新领域基金","LU2756315664.SGD":"ALLIANZ INCOME AND GROWTH \"AMI\" (SGDHDG) INC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4574":"无人驾驶","LU0823414478.USD":"法巴经典能源转换基金","LU0466842654.USD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"A\" (USD) ACC","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4581":"高盛持仓","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","BK4511":"特斯拉概念","BK4548":"巴美列捷福持仓","BK4099":"汽车制造商","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU2602419157.SGD":"HSBC ISLAMIC GLOBAL EQUITY INDEX \"AC\" (SGD) ACC"},"source_url":"https://www.sharecafe.com.au/2024/04/08/tesla-shifts-focus-from-affordable-evs-to-robotaxis/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2425675454","content_text":"Goodbye, Tesla, and Elon Musk's pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead concentrate on the increasingly discredited idea of a 'robotaxi.'That was a development Musk hurriedly confirmed in a post on his X platform soon after the Reuters story appeared.The Reuters report and Musk's confirmation came the same week as Tesla started an interest-free offer to prospective buyers in China of its Model Y and 3 vehicles produced at its huge factory in Shanghai, as the sales war intensifies.The exclusive Reuters report drew that immediate reaction from Musk - but not Tesla.Tesla said nothing, Musk 'Xed' (Tweeted) that Tesla would unveil its robotaxi on August 8 - not the actual vehicle, but the idea.One analyst reckoned the real story is that the company’s first-quarter results - due out April 23 - will be so weak that Musk needs a diversion and the unwanted robotaxi is it.Reuters said in its report, and other analysts made similar points over the weekend, that the robotaxi doesn't work and Tesla's self-driving mode for its existing vehicles is a $US12,000 option or a $US199 monthly subscription.But the company’s online sales brochures make the point in small type that the system needs constant driver scrutiny - in other words, a Tesla with the option still needs to be driven.Tesla shares fell 3.6% in regular trading in the wake of the Reuters report but around 4% after-hours on the tweet from Musk. The shares lost more than 6% in the week (before the after-hours kick-up).Overall demand for EVs in the US has slowed significantly — notching just 3.3% growth in sales growth in the March quarter, with stocks of unsold models of Tesla's best-selling car, the Model Y, at their highest ever, prompting big price cuts.Earlier last week, the company also reported that total deliveries of its vehicles declined for the first time in almost four years.Reuters had reported in its story that Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker, according to three sources familiar with the matter and company messages seen by the news agency.\"The automaker will continue developing self-driving robotaxis on the same small-vehicle platform, the sources said.\"The decision represents an abandonment of a longstanding goal that Tesla chief Elon Musk has often characterized as its primary mission: affordable electric cars for the masses. His first 'master plan' for the company in 2006 called for manufacturing luxury models first, then using the profits to finance a 'low-cost family car.'\"He has since repeatedly promised such a vehicle to investors and consumers. As recently as January, Musk told investors that Tesla planned to start production of the affordable model at its Texas factory in the second half of 2025, following an exclusive Reuters report detailing those plans.Tesla’s cheapest current model, the Model 3 sedan, retails for about $US39,000 in the United States. The now-defunct entry-level vehicle, sometimes described as the Model 2, was expected to start at about $US25,000.Tesla faces growing competition from Chinese electric-vehicle makers (led by BYD) flooding the market with cars priced as low as $US10,000.The plan for driverless robotaxis, which could take longer to deliver, presents a stiffer engineering challenge and more regulatory risk.\"Two sources said they learned of Tesla's decision to scrap the Model 2 in a meeting attended by scores of employees, with one of them saying the gathering happened in late February.\"“Elon’s directive is to go all-in on robotaxi,” that person said. Reuters reported that the new plans call for robotaxis to be produced, but in much lower volumes than had been projected for the Model 2.One event last week underlined just how far Tesla had fallen behind China’s EC companies. BYD teased by releasing pictures of a conventionally styled EV pickup to take on the underperforming EV offerings like the Ford Ranger and F-150 Lightning, the Toyota Hilux, and the Tesla Cybertruck.Chinese car websites said BYD hasn’t talked about price but the reports pointed out that the price will be a lot less than the near $US100,000 Musk has been talking about for its monster Cybertruck (a pickup) and the $US80,000 to $US100,000 for EV versions of Ford and GM pickups.They pointed out there are a large number of restrictions on owning and operating pickups in China (they can’t go at more than 100 KPH, other cars are allowed to go 20 kph faster, pickups have to be scrapped after 15 years, and they have to undergo annual inspections - ordinary sedans and SUVs don’t.Geely launched a pickup-style vehicle in 2022 but has been selling it outside China, starting in Laos. Geely controls Volvo, and a pickup-style vehicle could be an option for Europe produced by the Swedish group.Chinese analysts said it is being aimed at offshore markets southern Asia, India, parts of Africa, Australia, NZ where there is a pickup (ute) culture established).American business media pointed out that the robotaxi idea is not very successful in the US with several stuttering venturesAlphabet’s autonomous vehicle unit Waymo operates driverless ride-hailing services in Phoenix, San Francisco, and Los Angeles, and is now ramping up in Tesla’s home base of Austin, Texas.GM’s Cruise service previously offered self-driving car services in San Francisco, before being wound down under regulatory scrutiny after an accident.","news_type":1},"isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":262440494924072,"gmtCreate":1705106434156,"gmtModify":1706406704667,"author":{"id":"3582155761498710","authorId":"3582155761498710","name":"Saevus","avatar":"https://static.tigerbbs.com/1f589bc77c76ec1798a06a29ba2d935d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3582155761498710","authorIdStr":"3582155761498710"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/COIN 20240112 140.0 CALL\">$COIN 20240112 140.0 CALL$ </a> 8.9% gain in capital. If you can't beat them join them. Don't resist the market.","listText":"<a href=\"https://ttm.financial/OPT/COIN 20240112 140.0 CALL\">$COIN 20240112 140.0 CALL$ </a> 8.9% gain in capital. If you can't beat them join them. Don't resist the market.","text":"$COIN 20240112 140.0 CALL$ 8.9% gain in capital. If you can't beat them join them. Don't resist the market.","images":[{"img":"https://community-static.tradeup.com/news/32079a5792fb469775e713565b82735f","width":"894","height":"1508"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262440494924072","isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}