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2021-09-10

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Cathie Wood’s Ark Invest Sells $110 Million In Tesla Stock As Insiders Also Dump Shares

2021-08-17

Okay yes agreed

3 Competitive Advantages Airbnb Holds Over Hotels

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09:36","market":"us","language":"en","title":"Cathie Wood’s Ark Invest Sells $110 Million In Tesla Stock As Insiders Also Dump Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1117851011","media":"Forbes","summary":"TOPLINE\nArk Invest, the New York City investment firm founded by famed Wall Street stock-picker Cath","content":"<p><b>TOPLINE</b></p>\n<p>Ark Invest, the New York City investment firm founded by famed Wall Street stock-picker Cathie Wood, sold off a massive stake in Tesla on Wednesday, joining a crop of insiders in cashing out of shares this week as the stock recovers from its lackluster performance this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc103935157e669bd98f2c9995a47698\" tg-width=\"960\" tg-height=\"540\" width=\"100%\" height=\"auto\"><span>Famed Wall Street money manager Cathie Wood has previously said the electric-vehicle company could ... [+] ELI WARREN FOR FORBES</span></p>\n<p><b>KEY FACTS</b></p>\n<p>According to Ark's daily transaction reports, three of the firm's funds, includings its flagship Ark Innovation ETF, sold a combined 142,708 shares of Tesla on Wednesday, representing a stake worth about $108 million and adding to separate sales of about $166 million since late July.</p>\n<p>The newest transactions come just days after Wood touted Tesla's success and gave shares a price target of $3,000 (nearly 300% more than current levels) in aninterviewwith Yahoo! Finance, saying the company's growing market share makes it poised to benefit from a nearly 18-fold increase in electric-vehicle sales by 2025.</p>\n<p>Though they've climbed about 6% over the last month, shares of Tesla, priced at about $757.50, are down nearly 15% from an all-time high in January.</p>\n<p>Meanwhile, Wood isn't alone among noteworthy Tesla investors selling off shares after the recent runup in prices: Three company officers, including two c-suite executives, sold about $4 million worth of stock in a series of transactions this week, according toregulatory filings.</p>\n<p>Ark and Tesla did not immediately respond to Forbes' requests for comment.</p>\n<p><b>SURPRISING FACT</b></p>\n<p>Though Wood is notably bullish on Tesla, the consensus on Wall Street doesn't reflect the same lofty expectations. According to Bloomberg data, the average analyst price target for Tesla shares is $701, suggesting shares could fall 8% over the next year.</p>\n<p><b>KEY BACKGROUND</b></p>\n<p>In the past, Wood has said Ark likes to trade around Tesla's outsized volatility, taking advantage of low prices to buy, and selling when she feels prices could take a hit. \"When we feel like analysts are hyperventilating about a stock—including Tesla—we naturally just take profits because we know we’re going to get another opportunity associated with controversy to buy the stock lower,” Woodsaidlast year after a wave of selling. Despite the recent sales, Tesla still makes up nearly 11% of Ark's flagship fund, which holds about 3.1 million shares worth a staggering $2.3 billion and alsoownsoutsized stakes in Coinbase, Zoom Video Communications and Spotify. On Wednesday, Ark also sold shares of chipmakers Nvidia and NXP Semiconductors, while picking up stock in software firm UiPath, real estate website Zillow and ecommerce companies Etsy and JD.com.</p>\n<p><b>TANGENT</b></p>\n<p>Technology stocks led the market's rally last year, generatingmassivereturns for tech-heavy investors like Ark. Starting this spring, however, accelerating economic growth and the threat ofrising interest ratesspurred a stock-market rotation away from growth stocks, like those in tech, to cyclical and value-leaning slices of the market that struggled during the pandemic (like energy and financials). Despite skyrocketing nearly 90% over the past year, the ARK Innovation ETF is up only 5% this year.</p>","source":"fors","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’s Ark Invest Sells $110 Million In Tesla Stock As Insiders Also Dump Shares</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’s Ark Invest Sells $110 Million In Tesla Stock As Insiders Also Dump Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.forbes.com/sites/jonathanponciano/2021/09/09/cathie-woods-ark-invest-sells-110-million-in-tesla-stock-as-insiders-also-dump-shares/?sh=64a3239aed57><strong>Forbes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOPLINE\nArk Invest, the New York City investment firm founded by famed Wall Street stock-picker Cathie Wood, sold off a massive stake in Tesla on Wednesday, joining a crop of insiders in cashing out ...</p>\n\n<a href=\"https://www.forbes.com/sites/jonathanponciano/2021/09/09/cathie-woods-ark-invest-sells-110-million-in-tesla-stock-as-insiders-also-dump-shares/?sh=64a3239aed57\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.forbes.com/sites/jonathanponciano/2021/09/09/cathie-woods-ark-invest-sells-110-million-in-tesla-stock-as-insiders-also-dump-shares/?sh=64a3239aed57","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117851011","content_text":"TOPLINE\nArk Invest, the New York City investment firm founded by famed Wall Street stock-picker Cathie Wood, sold off a massive stake in Tesla on Wednesday, joining a crop of insiders in cashing out of shares this week as the stock recovers from its lackluster performance this year.\nFamed Wall Street money manager Cathie Wood has previously said the electric-vehicle company could ... [+] ELI WARREN FOR FORBES\nKEY FACTS\nAccording to Ark's daily transaction reports, three of the firm's funds, includings its flagship Ark Innovation ETF, sold a combined 142,708 shares of Tesla on Wednesday, representing a stake worth about $108 million and adding to separate sales of about $166 million since late July.\nThe newest transactions come just days after Wood touted Tesla's success and gave shares a price target of $3,000 (nearly 300% more than current levels) in aninterviewwith Yahoo! Finance, saying the company's growing market share makes it poised to benefit from a nearly 18-fold increase in electric-vehicle sales by 2025.\nThough they've climbed about 6% over the last month, shares of Tesla, priced at about $757.50, are down nearly 15% from an all-time high in January.\nMeanwhile, Wood isn't alone among noteworthy Tesla investors selling off shares after the recent runup in prices: Three company officers, including two c-suite executives, sold about $4 million worth of stock in a series of transactions this week, according toregulatory filings.\nArk and Tesla did not immediately respond to Forbes' requests for comment.\nSURPRISING FACT\nThough Wood is notably bullish on Tesla, the consensus on Wall Street doesn't reflect the same lofty expectations. According to Bloomberg data, the average analyst price target for Tesla shares is $701, suggesting shares could fall 8% over the next year.\nKEY BACKGROUND\nIn the past, Wood has said Ark likes to trade around Tesla's outsized volatility, taking advantage of low prices to buy, and selling when she feels prices could take a hit. \"When we feel like analysts are hyperventilating about a stock—including Tesla—we naturally just take profits because we know we’re going to get another opportunity associated with controversy to buy the stock lower,” Woodsaidlast year after a wave of selling. Despite the recent sales, Tesla still makes up nearly 11% of Ark's flagship fund, which holds about 3.1 million shares worth a staggering $2.3 billion and alsoownsoutsized stakes in Coinbase, Zoom Video Communications and Spotify. On Wednesday, Ark also sold shares of chipmakers Nvidia and NXP Semiconductors, while picking up stock in software firm UiPath, real estate website Zillow and ecommerce companies Etsy and JD.com.\nTANGENT\nTechnology stocks led the market's rally last year, generatingmassivereturns for tech-heavy investors like Ark. Starting this spring, however, accelerating economic growth and the threat ofrising interest ratesspurred a stock-market rotation away from growth stocks, like those in tech, to cyclical and value-leaning slices of the market that struggled during the pandemic (like energy and financials). Despite skyrocketing nearly 90% over the past year, the ARK Innovation ETF is up only 5% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833398572,"gmtCreate":1629203533396,"gmtModify":1676529964439,"author":{"id":"4088561952230250","authorId":"4088561952230250","name":"butterfolks","avatar":"https://static.tigerbbs.com/6b64343b9c57e311ec8d5e06f0c07798","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088561952230250","authorIdStr":"4088561952230250"},"themes":[],"htmlText":"Okay yes agreed&nbsp;","listText":"Okay yes agreed&nbsp;","text":"Okay yes agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833398572","repostId":"2160209570","repostType":4,"repost":{"id":"2160209570","pubTimestamp":1629201657,"share":"https://ttm.financial/m/news/2160209570?lang=&edition=fundamental","pubTime":"2021-08-17 20:00","market":"us","language":"en","title":"3 Competitive Advantages Airbnb Holds Over Hotels","url":"https://stock-news.laohu8.com/highlight/detail?id=2160209570","media":"Motley Fool","summary":"The company is disrupting the travel industry and winning over consumers.","content":"<p><b><a href=\"https://laohu8.com/S/ABNB\">Airbnb, Inc.</a></b> was increasing customers and growing revenue rapidly before the onset of the pandemic. The inherent advantages built into its business model were fueling the growth, making it an attractive choice for travelers.</p>\n<p>As widespread COVID-19 vaccinations make a return to travel more likely, here are three use cases where travelers may choose Airbnb over hotels.</p>\n<p><img src=\"https://static.tigerbbs.com/233d76c0bfbe534d0679de39e1ff41a7\" tg-width=\"700\" tg-height=\"462\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>1. Group travel</h2>\n<p>Traveling in a group makes it more likely you will choose Airbnb. The company's platform offers entire homes to book for short-term stays. Unlike a hotel, where you may need to reserve several rooms for your group, on Airbnb, you can book <a href=\"https://laohu8.com/S/AONE.U\">one</a> home for your whole party. In many cases, the experience on Airbnb will be better as well. If you book a home with a swimming pool, for example, you won't have to share it with anyone outside of the group, unlike in a hotel.</p>\n<p>Importantly, group and family travelers spend more on their trips than individuals. With the need for more space to accommodate more people, Airbnb has a lucrative edge over hotels in this category. Airbnb has already observed an increase in group travel as the company bounces back from the pandemic.</p>\n<h2>2. Out-of-the-way locations</h2>\n<p>Hotels usually focus their offerings on locations where tourist count is high. Think Los Angeles, Paris, London, and Miami. These are cities hundreds of thousands of people want to visit every year. Hotels need large markets to justify the costs of building expensive buildings. They typically shy away from rural locations that don't attract large swarms of visitors.</p>\n<p>This is another area where Airbnb wins. With far fewer hotels in non-urban locations, Airbnb offers listings of rooms, and even entire homes, in non-urban areas. Indeed, from the first quarter of 2019 to Q1 2021, active listing in non-urban areas has grown by 30% on Airbnb. The company now has 4 million hosts with listings across 100,000 cities worldwide.</p>\n<h2>3. Long-term stays</h2>\n<p>Folks looking for a place to stay for an extended period of time are more likely to choose Airbnb. A hotel is not very comfortable when staying for more than a week. Few have kitchens, laundry rooms, or other accommodations that become more important during long-term stays. On Airbnb, the host will often make available such accommodations to guests renting a room. And they are certainly available to guests renting an entire home, condo, guest house, or apartment.</p>\n<p>The coronavirus pandemic is making remote work a real possibility for many professionals worldwide. That means you don't need to be stuck to being within close proximity to your workplace. You can live someplace for two months and another for three weeks. Airbnb is watching this trend develop. In its fiscal first quarter, 24% of stays were for more than 28 days, a substantial increase from 14% in 2019.</p>\n<p>Airbnb was already gaining favor with travelers before the pandemic. Major changes in lifestyle caused by the pandemic are likely to reignite that trend. Investors looking for a stock that will benefit from reopening economies can put Airbnb on their lists.</p>","source":"fool_stock","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>3 Competitive Advantages Airbnb Holds Over Hotels</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\">\n3 Competitive Advantages Airbnb Holds Over Hotels\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/17/3-competitive-advantage-airbnb-holds-over-hotels/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Airbnb, Inc. was increasing customers and growing revenue rapidly before the onset of the pandemic. The inherent advantages built into its business model were fueling the growth, making it an ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/17/3-competitive-advantage-airbnb-holds-over-hotels/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.fool.com/investing/2021/08/17/3-competitive-advantage-airbnb-holds-over-hotels/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160209570","content_text":"Airbnb, Inc. was increasing customers and growing revenue rapidly before the onset of the pandemic. The inherent advantages built into its business model were fueling the growth, making it an attractive choice for travelers.\nAs widespread COVID-19 vaccinations make a return to travel more likely, here are three use cases where travelers may choose Airbnb over hotels.\n\nImage source: Getty Images.\n1. Group travel\nTraveling in a group makes it more likely you will choose Airbnb. The company's platform offers entire homes to book for short-term stays. Unlike a hotel, where you may need to reserve several rooms for your group, on Airbnb, you can book one home for your whole party. In many cases, the experience on Airbnb will be better as well. If you book a home with a swimming pool, for example, you won't have to share it with anyone outside of the group, unlike in a hotel.\nImportantly, group and family travelers spend more on their trips than individuals. With the need for more space to accommodate more people, Airbnb has a lucrative edge over hotels in this category. Airbnb has already observed an increase in group travel as the company bounces back from the pandemic.\n2. Out-of-the-way locations\nHotels usually focus their offerings on locations where tourist count is high. Think Los Angeles, Paris, London, and Miami. These are cities hundreds of thousands of people want to visit every year. Hotels need large markets to justify the costs of building expensive buildings. They typically shy away from rural locations that don't attract large swarms of visitors.\nThis is another area where Airbnb wins. With far fewer hotels in non-urban locations, Airbnb offers listings of rooms, and even entire homes, in non-urban areas. Indeed, from the first quarter of 2019 to Q1 2021, active listing in non-urban areas has grown by 30% on Airbnb. The company now has 4 million hosts with listings across 100,000 cities worldwide.\n3. Long-term stays\nFolks looking for a place to stay for an extended period of time are more likely to choose Airbnb. A hotel is not very comfortable when staying for more than a week. Few have kitchens, laundry rooms, or other accommodations that become more important during long-term stays. On Airbnb, the host will often make available such accommodations to guests renting a room. And they are certainly available to guests renting an entire home, condo, guest house, or apartment.\nThe coronavirus pandemic is making remote work a real possibility for many professionals worldwide. That means you don't need to be stuck to being within close proximity to your workplace. You can live someplace for two months and another for three weeks. Airbnb is watching this trend develop. In its fiscal first quarter, 24% of stays were for more than 28 days, a substantial increase from 14% in 2019.\nAirbnb was already gaining favor with travelers before the pandemic. Major changes in lifestyle caused by the pandemic are likely to reignite that trend. Investors looking for a stock that will benefit from reopening economies can put Airbnb on their lists.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":883627897,"gmtCreate":1631239109819,"gmtModify":1676530505352,"author":{"id":"4088561952230250","authorId":"4088561952230250","name":"butterfolks","avatar":"https://static.tigerbbs.com/6b64343b9c57e311ec8d5e06f0c07798","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088561952230250","authorIdStr":"4088561952230250"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/883627897","repostId":"1117851011","repostType":4,"repost":{"id":"1117851011","pubTimestamp":1631237804,"share":"https://ttm.financial/m/news/1117851011?lang=&edition=fundamental","pubTime":"2021-09-10 09:36","market":"us","language":"en","title":"Cathie Wood’s Ark Invest Sells $110 Million In Tesla Stock As Insiders Also Dump Shares","url":"https://stock-news.laohu8.com/highlight/detail?id=1117851011","media":"Forbes","summary":"TOPLINE\nArk Invest, the New York City investment firm founded by famed Wall Street stock-picker Cath","content":"<p><b>TOPLINE</b></p>\n<p>Ark Invest, the New York City investment firm founded by famed Wall Street stock-picker Cathie Wood, sold off a massive stake in Tesla on Wednesday, joining a crop of insiders in cashing out of shares this week as the stock recovers from its lackluster performance this year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc103935157e669bd98f2c9995a47698\" tg-width=\"960\" tg-height=\"540\" width=\"100%\" height=\"auto\"><span>Famed Wall Street money manager Cathie Wood has previously said the electric-vehicle company could ... [+] ELI WARREN FOR FORBES</span></p>\n<p><b>KEY FACTS</b></p>\n<p>According to Ark's daily transaction reports, three of the firm's funds, includings its flagship Ark Innovation ETF, sold a combined 142,708 shares of Tesla on Wednesday, representing a stake worth about $108 million and adding to separate sales of about $166 million since late July.</p>\n<p>The newest transactions come just days after Wood touted Tesla's success and gave shares a price target of $3,000 (nearly 300% more than current levels) in aninterviewwith Yahoo! Finance, saying the company's growing market share makes it poised to benefit from a nearly 18-fold increase in electric-vehicle sales by 2025.</p>\n<p>Though they've climbed about 6% over the last month, shares of Tesla, priced at about $757.50, are down nearly 15% from an all-time high in January.</p>\n<p>Meanwhile, Wood isn't alone among noteworthy Tesla investors selling off shares after the recent runup in prices: Three company officers, including two c-suite executives, sold about $4 million worth of stock in a series of transactions this week, according toregulatory filings.</p>\n<p>Ark and Tesla did not immediately respond to Forbes' requests for comment.</p>\n<p><b>SURPRISING FACT</b></p>\n<p>Though Wood is notably bullish on Tesla, the consensus on Wall Street doesn't reflect the same lofty expectations. According to Bloomberg data, the average analyst price target for Tesla shares is $701, suggesting shares could fall 8% over the next year.</p>\n<p><b>KEY BACKGROUND</b></p>\n<p>In the past, Wood has said Ark likes to trade around Tesla's outsized volatility, taking advantage of low prices to buy, and selling when she feels prices could take a hit. \"When we feel like analysts are hyperventilating about a stock—including Tesla—we naturally just take profits because we know we’re going to get another opportunity associated with controversy to buy the stock lower,” Woodsaidlast year after a wave of selling. Despite the recent sales, Tesla still makes up nearly 11% of Ark's flagship fund, which holds about 3.1 million shares worth a staggering $2.3 billion and alsoownsoutsized stakes in Coinbase, Zoom Video Communications and Spotify. On Wednesday, Ark also sold shares of chipmakers Nvidia and NXP Semiconductors, while picking up stock in software firm UiPath, real estate website Zillow and ecommerce companies Etsy and JD.com.</p>\n<p><b>TANGENT</b></p>\n<p>Technology stocks led the market's rally last year, generatingmassivereturns for tech-heavy investors like Ark. Starting this spring, however, accelerating economic growth and the threat ofrising interest ratesspurred a stock-market rotation away from growth stocks, like those in tech, to cyclical and value-leaning slices of the market that struggled during the pandemic (like energy and financials). Despite skyrocketing nearly 90% over the past year, the ARK Innovation ETF is up only 5% this year.</p>","source":"fors","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’s Ark Invest Sells $110 Million In Tesla Stock As Insiders Also Dump Shares</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’s Ark Invest Sells $110 Million In Tesla Stock As Insiders Also Dump Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 09:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.forbes.com/sites/jonathanponciano/2021/09/09/cathie-woods-ark-invest-sells-110-million-in-tesla-stock-as-insiders-also-dump-shares/?sh=64a3239aed57><strong>Forbes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOPLINE\nArk Invest, the New York City investment firm founded by famed Wall Street stock-picker Cathie Wood, sold off a massive stake in Tesla on Wednesday, joining a crop of insiders in cashing out ...</p>\n\n<a href=\"https://www.forbes.com/sites/jonathanponciano/2021/09/09/cathie-woods-ark-invest-sells-110-million-in-tesla-stock-as-insiders-also-dump-shares/?sh=64a3239aed57\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.forbes.com/sites/jonathanponciano/2021/09/09/cathie-woods-ark-invest-sells-110-million-in-tesla-stock-as-insiders-also-dump-shares/?sh=64a3239aed57","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117851011","content_text":"TOPLINE\nArk Invest, the New York City investment firm founded by famed Wall Street stock-picker Cathie Wood, sold off a massive stake in Tesla on Wednesday, joining a crop of insiders in cashing out of shares this week as the stock recovers from its lackluster performance this year.\nFamed Wall Street money manager Cathie Wood has previously said the electric-vehicle company could ... [+] ELI WARREN FOR FORBES\nKEY FACTS\nAccording to Ark's daily transaction reports, three of the firm's funds, includings its flagship Ark Innovation ETF, sold a combined 142,708 shares of Tesla on Wednesday, representing a stake worth about $108 million and adding to separate sales of about $166 million since late July.\nThe newest transactions come just days after Wood touted Tesla's success and gave shares a price target of $3,000 (nearly 300% more than current levels) in aninterviewwith Yahoo! Finance, saying the company's growing market share makes it poised to benefit from a nearly 18-fold increase in electric-vehicle sales by 2025.\nThough they've climbed about 6% over the last month, shares of Tesla, priced at about $757.50, are down nearly 15% from an all-time high in January.\nMeanwhile, Wood isn't alone among noteworthy Tesla investors selling off shares after the recent runup in prices: Three company officers, including two c-suite executives, sold about $4 million worth of stock in a series of transactions this week, according toregulatory filings.\nArk and Tesla did not immediately respond to Forbes' requests for comment.\nSURPRISING FACT\nThough Wood is notably bullish on Tesla, the consensus on Wall Street doesn't reflect the same lofty expectations. According to Bloomberg data, the average analyst price target for Tesla shares is $701, suggesting shares could fall 8% over the next year.\nKEY BACKGROUND\nIn the past, Wood has said Ark likes to trade around Tesla's outsized volatility, taking advantage of low prices to buy, and selling when she feels prices could take a hit. \"When we feel like analysts are hyperventilating about a stock—including Tesla—we naturally just take profits because we know we’re going to get another opportunity associated with controversy to buy the stock lower,” Woodsaidlast year after a wave of selling. Despite the recent sales, Tesla still makes up nearly 11% of Ark's flagship fund, which holds about 3.1 million shares worth a staggering $2.3 billion and alsoownsoutsized stakes in Coinbase, Zoom Video Communications and Spotify. On Wednesday, Ark also sold shares of chipmakers Nvidia and NXP Semiconductors, while picking up stock in software firm UiPath, real estate website Zillow and ecommerce companies Etsy and JD.com.\nTANGENT\nTechnology stocks led the market's rally last year, generatingmassivereturns for tech-heavy investors like Ark. Starting this spring, however, accelerating economic growth and the threat ofrising interest ratesspurred a stock-market rotation away from growth stocks, like those in tech, to cyclical and value-leaning slices of the market that struggled during the pandemic (like energy and financials). Despite skyrocketing nearly 90% over the past year, the ARK Innovation ETF is up only 5% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833398572,"gmtCreate":1629203533396,"gmtModify":1676529964439,"author":{"id":"4088561952230250","authorId":"4088561952230250","name":"butterfolks","avatar":"https://static.tigerbbs.com/6b64343b9c57e311ec8d5e06f0c07798","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4088561952230250","authorIdStr":"4088561952230250"},"themes":[],"htmlText":"Okay yes agreed&nbsp;","listText":"Okay yes agreed&nbsp;","text":"Okay yes agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/833398572","repostId":"2160209570","repostType":4,"repost":{"id":"2160209570","pubTimestamp":1629201657,"share":"https://ttm.financial/m/news/2160209570?lang=&edition=fundamental","pubTime":"2021-08-17 20:00","market":"us","language":"en","title":"3 Competitive Advantages Airbnb Holds Over Hotels","url":"https://stock-news.laohu8.com/highlight/detail?id=2160209570","media":"Motley Fool","summary":"The company is disrupting the travel industry and winning over consumers.","content":"<p><b><a href=\"https://laohu8.com/S/ABNB\">Airbnb, Inc.</a></b> was increasing customers and growing revenue rapidly before the onset of the pandemic. The inherent advantages built into its business model were fueling the growth, making it an attractive choice for travelers.</p>\n<p>As widespread COVID-19 vaccinations make a return to travel more likely, here are three use cases where travelers may choose Airbnb over hotels.</p>\n<p><img src=\"https://static.tigerbbs.com/233d76c0bfbe534d0679de39e1ff41a7\" tg-width=\"700\" tg-height=\"462\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>1. Group travel</h2>\n<p>Traveling in a group makes it more likely you will choose Airbnb. The company's platform offers entire homes to book for short-term stays. Unlike a hotel, where you may need to reserve several rooms for your group, on Airbnb, you can book <a href=\"https://laohu8.com/S/AONE.U\">one</a> home for your whole party. In many cases, the experience on Airbnb will be better as well. If you book a home with a swimming pool, for example, you won't have to share it with anyone outside of the group, unlike in a hotel.</p>\n<p>Importantly, group and family travelers spend more on their trips than individuals. With the need for more space to accommodate more people, Airbnb has a lucrative edge over hotels in this category. Airbnb has already observed an increase in group travel as the company bounces back from the pandemic.</p>\n<h2>2. Out-of-the-way locations</h2>\n<p>Hotels usually focus their offerings on locations where tourist count is high. Think Los Angeles, Paris, London, and Miami. These are cities hundreds of thousands of people want to visit every year. Hotels need large markets to justify the costs of building expensive buildings. They typically shy away from rural locations that don't attract large swarms of visitors.</p>\n<p>This is another area where Airbnb wins. With far fewer hotels in non-urban locations, Airbnb offers listings of rooms, and even entire homes, in non-urban areas. Indeed, from the first quarter of 2019 to Q1 2021, active listing in non-urban areas has grown by 30% on Airbnb. The company now has 4 million hosts with listings across 100,000 cities worldwide.</p>\n<h2>3. Long-term stays</h2>\n<p>Folks looking for a place to stay for an extended period of time are more likely to choose Airbnb. A hotel is not very comfortable when staying for more than a week. Few have kitchens, laundry rooms, or other accommodations that become more important during long-term stays. On Airbnb, the host will often make available such accommodations to guests renting a room. And they are certainly available to guests renting an entire home, condo, guest house, or apartment.</p>\n<p>The coronavirus pandemic is making remote work a real possibility for many professionals worldwide. That means you don't need to be stuck to being within close proximity to your workplace. You can live someplace for two months and another for three weeks. Airbnb is watching this trend develop. In its fiscal first quarter, 24% of stays were for more than 28 days, a substantial increase from 14% in 2019.</p>\n<p>Airbnb was already gaining favor with travelers before the pandemic. Major changes in lifestyle caused by the pandemic are likely to reignite that trend. Investors looking for a stock that will benefit from reopening economies can put Airbnb on their lists.</p>","source":"fool_stock","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>3 Competitive Advantages Airbnb Holds Over Hotels</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\">\n3 Competitive Advantages Airbnb Holds Over Hotels\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 20:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/17/3-competitive-advantage-airbnb-holds-over-hotels/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Airbnb, Inc. was increasing customers and growing revenue rapidly before the onset of the pandemic. The inherent advantages built into its business model were fueling the growth, making it an ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/17/3-competitive-advantage-airbnb-holds-over-hotels/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"source_url":"https://www.fool.com/investing/2021/08/17/3-competitive-advantage-airbnb-holds-over-hotels/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160209570","content_text":"Airbnb, Inc. was increasing customers and growing revenue rapidly before the onset of the pandemic. The inherent advantages built into its business model were fueling the growth, making it an attractive choice for travelers.\nAs widespread COVID-19 vaccinations make a return to travel more likely, here are three use cases where travelers may choose Airbnb over hotels.\n\nImage source: Getty Images.\n1. Group travel\nTraveling in a group makes it more likely you will choose Airbnb. The company's platform offers entire homes to book for short-term stays. Unlike a hotel, where you may need to reserve several rooms for your group, on Airbnb, you can book one home for your whole party. In many cases, the experience on Airbnb will be better as well. If you book a home with a swimming pool, for example, you won't have to share it with anyone outside of the group, unlike in a hotel.\nImportantly, group and family travelers spend more on their trips than individuals. With the need for more space to accommodate more people, Airbnb has a lucrative edge over hotels in this category. Airbnb has already observed an increase in group travel as the company bounces back from the pandemic.\n2. Out-of-the-way locations\nHotels usually focus their offerings on locations where tourist count is high. Think Los Angeles, Paris, London, and Miami. These are cities hundreds of thousands of people want to visit every year. Hotels need large markets to justify the costs of building expensive buildings. They typically shy away from rural locations that don't attract large swarms of visitors.\nThis is another area where Airbnb wins. With far fewer hotels in non-urban locations, Airbnb offers listings of rooms, and even entire homes, in non-urban areas. Indeed, from the first quarter of 2019 to Q1 2021, active listing in non-urban areas has grown by 30% on Airbnb. The company now has 4 million hosts with listings across 100,000 cities worldwide.\n3. Long-term stays\nFolks looking for a place to stay for an extended period of time are more likely to choose Airbnb. A hotel is not very comfortable when staying for more than a week. Few have kitchens, laundry rooms, or other accommodations that become more important during long-term stays. On Airbnb, the host will often make available such accommodations to guests renting a room. And they are certainly available to guests renting an entire home, condo, guest house, or apartment.\nThe coronavirus pandemic is making remote work a real possibility for many professionals worldwide. That means you don't need to be stuck to being within close proximity to your workplace. You can live someplace for two months and another for three weeks. Airbnb is watching this trend develop. In its fiscal first quarter, 24% of stays were for more than 28 days, a substantial increase from 14% in 2019.\nAirbnb was already gaining favor with travelers before the pandemic. Major changes in lifestyle caused by the pandemic are likely to reignite that trend. Investors looking for a stock that will benefit from reopening economies can put Airbnb on their lists.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}