To The Moon

On Monday, Cathie Wood’s Ark Invest made significant trades in Amazon, Robinhood, Block, AMD, Meta, Tesla and Palantir. These trades were part of a series of transactions carried out by Ark Invest’s v

Cathie Wood, an ace hedge fund manager and an avid Tesla ($TSLA) enthusiast, capitalized on the EV (electric vehicle) maker’s share price surge on ...

Last week, Tesla Inc unveiled its long-awaited robotaxi, the star of its next chapter. The Cybercab was revealed at the massive Warner Bros Studios in Burbank, California, known as Hollywood. Like the Cybertruck, Tesla’s robotaxi has a futuristic design, but the “We, Robot” event failed to impress. After the event, Tesla CEO Elon Musk’s net worth went down by $15 billion as he holds about 13% of the company’s shares, but he remains the world’s richest person.With production scheduled for some time before 2027, Musk also revealed that the Cybercab, which would compete with rivals including Alphabet Inc -owned Waymo, would cost less than $30,000, which is about the same price as its cheaper Model 3 and Model Y.Moreover, the Cybercab has no plug as it would use inductive charging, one for which Tesla does not currently have infrastructure for, raising many concerns about the cost of making this driverless dream actually happen.This article is from an unpaid external contributor. It does

New York Fed president has confidence inflation is moving down to 2%. Inflation is coming down in a sustainable way towards the Federal Reserve's 2% target and it is now time to cut interest rates, New York Fed President John Williams said, on Friday.With the economy in balance and inflation tracking lower "it is now appropriate to dial down the degree of restrictiveness in the stance of policy by reducing the target range for the federal funds rate," Williams said, in a speech prepared for delivery to the Council on Foreign Relations.Williams prepared remarks came before the Labor Department released the August jobs data Friday morning.Late last month, Fed Chair Jerome Powell said that "the time has come for policy to adjust.". Williams made no mention in his prepared remarks about the potential size of the rate cut.The Fed has kept its benchmark rate in a range of 5.25%-5.5% for the past year.Regarding the future course of easing, Williams said rates can be moved "to a more neutral s

Nvidia Corporation's stock declined by 12% from its recent high, despite beating EPS and revenue estimates, raising questions about the AI bubble and future market trends.Nvidia's technical correction and rebound suggest a buy-in zone around $115-110, with potential for future growth driven by AI market dominance.Nvidia's solid earnings and guidance, including a $50B buyback, indicate strong future sales and profitability potential, despite market expectations for higher sales.Nvidia's long-term growth prospects, robust EPS outperformance, and relatively inexpensive valuation make it a solid buy-and-hold investment, despite the risks. Vertigo3d/E+ via Getty Images I recently discussed Nvidia Corporation in a pre-earnings article. While we witnessed a solid melt-up into earnings, Nvidia's stock got hammered after the Q2 report. It dropped to a low of about $115 in after-hours trading, illustrating a 12% pullback from its recent high above $130. What's perplexing is that Nvidia's stoc

Nvidia Corporation reported strong Q2 earnings, but growth has slowed compared to previous quarters, leading to a 5% drop in after-hours trading.The data center segment drove significant revenue growt

AST SpaceMobile stock has rocketed higher by more than 75% in less than a week. Here's what investors need to know.

On Tuesday, Cathie Wood-led Ark Invest made significant adjustments to its portfolio, offloading a substantial number of shares in $Tesla Inc(TSLA)$ and scooping up a hefty stake in $Palantir Technolo

People sell shares for all kinds of reasons.

Longtime Tesla bear Toni Sacconaghi lowered his price target on the EV maker to $120 from $150, citing growing demand constraints. The new forecast implies downside of 30% over the next 12 months.“Quarter to date, Tesla has experienced soft China/Europe demand and constrained US Model 3 production,” the Bernstein analyst wrote, reiterating his underperform rating and lowering his first-quarter and full-year deliveries estimates.“Despite the stock’s underperformance YTD, we struggle to see a cata