To The Moon

How do they live? What are they doing for money?

Cathie Wood’s exchange-traded funds sold more Tesla Inc. shares, taking the total value of the electric vehicle maker’s stock they’ve offloaded this month to about $266 million.The ARK Innovation and ARK Next Generation Internet ETFs sold over 81,600 shares in Tesla on Wednesday, according to ARK Investment’s daily trading update. At closing prices, that puts the value at about $62 million.Ark funds have sold more than 350,000 Tesla shares in September so far. Still, the Elon Musk-led company is

Sept 9 - Wall Street ended lower on Thursday after weekly jobless claims fell to a near 18-month low, allaying fears of a slowing economic recovery, but also stoking worries the Fed could move sooner than expected to scale back its accommodative policies.The Labor Department said initial claims for state unemployment benefits dropped 35,000 to a seasonally adjusted 310,000 for the week ended Sept. 4, the lowest level since mid-March 2020. That suggested that job growth could be hindered by labo

TSLA stock has a large short interest, but don’t expect a short squeeze.Short squeezes have been all the rage on Wall Street in 2021. But even with its massive short interest, traders shouldn’t expect a short squeeze fromTesla. GameStop andAMC Entertainment are just two examples of stocks that skyrocketed this year thanks to short squeezes. Short sellers have always liked TSLA stock. But it takes more than just a large amount of short interest to trigger a short squeeze.The most important factor

Who will follow in SPH, Keppel and Sembcorp steps in corporate restructuring? Drivers are in play f

From Robinhood to SoFi Invest, Coinbase to Gemini to eToro, here are some of the ways to invest in c