To The Moon

We recently published a list of 10 Worst ARK Stocks To Buy According to Short Sellers. In this article, we are going to take a look at where SoFi Technologies, Inc. stands against other worst ARK stocks to buy according to short sellers.Cathie Wood ofARK Investmentis one of Wall Street’s most well-known hedge fund bosses. In a hedge fund industry dominated by players that focus on quantitative trading, value stocks, and balanced portfolios, Wood stands out from the pack by focusing on disruptive innovation and firms that she and her firm believe will change the world.At the heart of Ark Invest’s trading strategy is the fund’s flagship ARK Innovation ETF fund. Over the past five years, this fund has gained a modest 23% which is substantially lower than the flagship S&P index’s 93.5%. Zooming into its 2024 performance, this fund has gained 20.5% while the index is up by 28.3%.

The U.S. Department of Justice has aggressively pursued Google as a monopolist in recent years, going back to the first Trump administration. And it's gotten a federal judge to rule in its favor.But the DOJ's full intentions weren't fully clear until late last night when the department filed specific remedies that it would like to see the U.S. District judge impose. The DOJ is out for a pound of flesh.An end to search payments: The payments that Google makes to be the default on mobile devices were at the heart of the DOJ's case. Most prominent among these are Google's payouts to Apple, which were pegged at $20 billion in 2022 during the trail. That number represented 16% of Google's cost-of-revenue. But they're also material to Apple, comprising 5% of its 2022 revenue. Assuming that stream of payments all falls to the bottom line, it would have been roughly 21% of Apple's net income that year.The ban goes beyond third-party payments. The DOJ has said it wants to stop Google from using

Google faces an anxious wait on Wednesday, with the Biden administration expected to ask a judge to consider breaking up the Big Tech company.Having climbed 1.6% the previous session as part of a broader tech rally, shares in parent company Alphabet gave up those gains early Tuesday, slipping 2.2% to $174.21. The benchmark S&P 500 slipped 0.8%.Alphabet’s decline was in line with that of its Big Tech peers. Nvidia fell 2.1%, Amazon was also 1.9% down and Microsoft stock slipped 1.6%.In a court fi

-- Top Justice Department antitrust officials have decided to ask a judge to force Alphabet Inc.’s Google to sell off its Chrome browser in what would be a historic crackdown on one of the biggest tech companies in the world.The department will ask the judge, who ruled in August that Google illegally monopolized the search market, to require measures related to artificial intelligence and its Android smartphone operating system, according to people familiar with the plans.Antitrust officials, along with states that have joined the case, also plan to recommend Wednesday that federal judge Amit Mehta impose data licensing requirements, said the people, who asked not to be named discussing a confidential matter.If Mehta accepts the proposals, they have the potential to reshape the online search market and the burgeoning AI industry. The case was filed under the first Trump administration and continued under President Joe Biden. It marks the most aggressive effort to rein in a technology

PayPal CFO on Holiday Quarter Spending Trends Says "Consumer Feels Strong at This Point"

- Conference Call

Alibaba Group Holding Ltd. plunged nearly 9% in pre-market trading on Monday, as the Chinese e-commerce giant was caught in a broad sell-off of Hong Kong-listed technology stocks and investor disappointment over Beijing's lack of new stimulus measures.Hong Kong's Hang Seng Tech Index tumbled 7.9% at the midday break, with Alibaba and other major tech firms like Meituan and Alibaba Health Information suffering sharp declines. The overall Hang Seng Index fell 5.6%, as investors took profits after

I reiterate a 'Sell' rating for Apple stock with a fair value of $192 per share due to concerns about growth in China.Huawei's launch of the Mate XT Ultimate trifold smartphone could significantly imp