Cathie Wood Loads Up $34.5M Worth Of Tesla As Shares Retreat Post Q1 Earnings Report
Cathie Wood-led Ark Investment Management bought 49,755 shares, worth about $34.55 million, inTesla Inc on Wednesday as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter.Tesla shares closed 1.47% lower at $694.40 on Wednesday and are down 5.9% since Monday's close of $738.20.Wood made the latest purchase for Ark Innovation ETF. Tesla holds the highest position in ARKK among a total of 58 stocks and contributed about 9.67% of the weight of th
What to Expect From Tesla's Q1 Earnings Report On Monday
EV giant Tesla, Inc. is scheduled to release its first-quarter results Monday, after the market close.Key Q1 Metrics to Watch For: Tesla is expected to report non-GAAP earnings per share, or EPS, of 79 cents in the first quarter of 2021, up sharply from 23 cents in the year-ago quarter.The consensus revenue forecast for the quarter is at $10.29 billion, up 72% year-over-year.Focus On Regulatory Credits, Automotive Margins: The focus is likely to be on regulatory credits, which accounted for 4
2 Top Stocks You Can Buy and Hold for the Next Decade
These two tech stocks provide a combination of stability and growth that investors can confidently buy and hold for the long term.The hot stock of the day might sound too good to pass up, but your long-term investment portfolio should focus on stocks that should have strong fundamentals both today and a decade into the future. It's hard to see 10 years into the future, and the unexpected can always leap up to disrupt a sound narrative.However, there are steps we can take to identify companies wi