To The Moon

(Reuters) - China's central bank and financial regulators have held meetings with key financial institutions, urging them to swiftly implement expansive policies to support the economy and the capital

"Now AI has to play out elsewhere in a very big way for Nvidia and others to deserve their valuations."Cathie Wood, chief executive and chief investment officer of ARK Invest. That's ARK Invest's chief executive and CIO, Cathie Wood, saying that Nvidia needs help from other artificial-intelligence companies for the AI boom to continue.Wood had nothing but praise for Nvidia and its founder and CEO, Jensen Huang - who not surprisingly appears to be something of a workaholic - in comments at the Greenwich Economic Forum in Hong Kong Thursday, according to Bloomberg.She said ARK started investing in Nvidia in 2014 when it traded at just over $4 on a split-adjusted basis. "We rode that stock in the flagship portfolio up to roughly $400," she said, adding that the company's stock performance would have to be matched by other companies in the AI arena as well.Wood said the market is too dominated by Nvidia and other technology stocks. "We have never seen concentration in the market like we're

Cathie Wood-led Ark Investment Management has shed all its holdings in Peter Thiel-backed Palantir T

SummaryI respond to reader feedback on my most recent Palantir article.Reader feedback is divided in