Cathie Wood sells $70 million of surging tech stock
The Nasdaq Composite is up 32.3% this year, while the ARK Innovation ETF has returned 20.2%.
The Nasdaq Composite is up 32.3% this year, while the ARK Innovation ETF has returned 20.2%.
Here's what could happen next to CrowdStrike shares.
Nvidia (NVDA) stock is in correction territory, and rival chipmaker Broadcom’s (AVGO) late-year boost took a hit Tuesday morning.
Pfizer shares rose Tuesday morning after the pharmaceutical company affirmed its full-year 2024 projections and issued 2025 revenue and adjusted profit guidance in line with analysts' estimates.
Wedbush Securities analyst Dan Ives predicts a major tech sector expansion driven by artificial intelligence and deregulation under President-elect Donald Trump‘s administration, forecasting the Nasdaq could reach 25,000 within 18 months. What Happened: Speaking on CNBC’s “Closing Bell,” Ives described Trump’s incoming administration as a “Goldilocks scenario” for tech companies, citing expected regulatory relief from agencies including the Federal Trade Commission. Don’t Miss: Deloitte's fastes
The Fed meeting kicks off with investors on alert for clues to the path of rates after the widely expected December cut.
While the market sees a 25 basis point rate cut this week as all but certain, odds the Fed hits the brakes on further cuts in January have steadily risen.
Alibaba’s (BABA) shares have fallen more than double digits since reaching their 52-week highs in early October, following a rally driven by the announcement of a robust stimulus package for the Chinese economy. However, despite being in correction territory, I believe three bullish factors surrounding the Chinese e-commerce giant have been underestimated by the market. These factors are reflected in the company’s valuation, which appears to be sufficiently de-risked for long-term optimism. As a
Fishman will lead the company’s marketing, creative and corporate communications.
The Dow Jones Industrial Average declined for the ninth straight day as the Federal Reserve kicked o