To The Moon

Goodbye, Tesla, and Elon Musk's pioneering work on making EVs mainstream. According to a lengthy Reuters report, the company has dropped its plans to make a smaller and cheaper EV and will instead concentrate on the increasingly discredited idea of a 'robotaxi.'

In this article, we discuss 12 tech stocks to sell according to Cathie Wood. If you want to skip our discussion on Cathie Wood’s latest investment plays, head over to 5 Tech Stocks To Sell Right Now According To Cathie Wood.ARK Invest CEO Cathie Wood is adapting her investment strategy to navigate an anticipated deflationary period in 2024, focusing on innovation and technological advancements. She discussed this approach on CNBC's "The Exchange", emphasizing its relevance in the 2024 market landscape. Wood anticipates an aggressive rate cut by the Federal Reserve, creating an economic environment where companies adept at deflation and dedicated to innovation can experience significant expansion. Wood's flagship fund, the ARK Innovation ETF, witnessed a noteworthy 70% year-to-date increase in 2023. As the market stabilizes, ARK is diversifying its portfolio, considering the potential reopening of the IPO market and reintroducing previously sold names with improving outlooks.

ZINGER KEY POINTSPalantir reported late Monday Q4 revenue that exceeded expectations, thanks to a 70% year-over-year increase in its U.S. Commercial businessPalantir now accounts for 1.84% of Ark's fl