To The Moon

NEW YORK, June 11 - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th

(Bloomberg) -- KKR & Co. has acquired an almost $800 million loan portfolio from CIT Group Inc. as i

Facebook beat on both earnings and revenue in Q1, and the stock rose as much as 6% after hours. The

Tesla reported record net income of $438 million during the quarter, as well as earnings of 93 cents per share on $10.39 billion in revenue.In its earnings release, the company said it has weathered chip shortages that have plagued the auto industry in part by “pivoting extremely quickly to new microcontrollers, while simultaneously developing firmware for new chips made by new suppliers.”On an earnings call, CEO Elon Musk said the delayed new version of the company’s Model S sedan will be deliv

Tesla not only has to contend with pure-play EV-makers. It will also face new entrants such as Apple and Chinese smartphone makers Huawei and Xiaomi.More traditional automakers will also be producing electric vehicles. Even if the demand side is plausible, it would mean Tesla needs to build many more factories.However, if analysts are right that Tesla's true potential lies in a future rollout of an autonomous ride-hailing fleet, its share price has much room to head north based on the consensus

Cathie Wood and ARK Invest see record trade volumes in their five actively managed exchange traded f

The Leuthold Group’s Jim Paulsen has a message for investors: Don’t give up on Big Tech. According t

A handful of Nasdaq 100 stocks have broken their long-term trend as tech names came under pressure.

(March 5) Palantir plunged more than 13%.