Cathie Wood, CEO of Ark Investment Management (ARKK), is making waves with a significant portfolio adjustment. Known for her bold bets on disruptive innovation, Wood is recalibrating her focus by trimming her holdings in Tesla (NASDAQ: TSLA) and ramping up investments in Amazon (NASDAQ: AMZN).Over the past few weeks, Ark unloaded a combined total of 404,400 Tesla shares through multiple transactions, including major sales of 85,500 shares on October 24, 120,000 shares on October 28, and additional sales acr ...

Nvidia (NASDAQ: NVDA) has just revealed an update to its equity portfolio through a 13F-HR filing dated November 14, 2024. Nvidia SEC Form 13f. Source: Nvidia Corp This latest 13F-HR report showcases Nvidia's continued focus on advanced technology investments, with a strategic new addition to its portiblio: 7.7 million shares of Applied Digital Corp (NASDAQ: APLD), a high-performance computing and digital infrastructure company. Valued at approximately $63.66 million, this acquisition signals Nvidia's inten ...

In a year dominated by hype surrounding the potential of artificial intelligence, no company has made out better than semiconductor industry leader Nvidia (NASDAQ: NVDA). With cutting-edge solutions that have secured a vast majority of compute market share, the Jensen Huang-led venture has managed to accrue gains of 203.57% on a year-to-date (YTD) basis after rallying by 7.74% over the course of the last 30 days. At press time, NVDA stock was trading at $146.22. NVDA stock monthly and YTD price charts. Sour ...

Though it had its fair share of troubles throughout 2024, even being the worst-performing S&P 500 stock at one point in the year, Tesla Motors (NASDAQ: TSLA) experienced two major rally catalysts in the last 30 days.In fact, TSLA shares gained so much positive momentum that they are up 41.72% in the last 30 days. Still, one of the same events that led to the mid-term rally also triggered Tesla stock’s most recent drop – Donald Trump’s presidential election victory.Specifically, the November 14 news that the ...

Tesla (NASDAQ: TSLA) has been on a significant upward trajectory recently, trading at $311.18 despite a 5.77% dip yesterday. The decline came on the heels of reports that President-elect Donald Trump may seek to eliminate electric vehicle tax credits, a move that could impact demand for Tesla vehicles. Nevertheless, the stock has surged by an impressive 41.72% over the past month, rewarding those who invested before the rally. One of the beneficiaries of Tesla's recent climb is Representative Morgan McGarve ...

Meta Platforms Inc. (NASDAQ: META) has become a focal point for investors this year, driven by advancements in artificial intelligence (AI) and rising engagement across its flagship platforms, Facebook and Instagram.However, recent price volatility and intensifying regulatory scrutiny are causing investors to weigh the potential for further gains against the risk of near-term headwinds.As of the market close on November 14, META is trading at $576, reflecting a 0.5% loss over the past 24 hours. Over the pas ...

Investors generally tend to think, at least subconsciously, that large, well-established companies — household names, to be more precise, don’t go through rough periods. There’s simply something surreal about the thought of, say, Coca-Cola (NYSE: KO) or Walmart (NYSE: WMT) struggling.But it does happen — case in point, entertainment bastion and treasured purveyor of childhood memories Disney (NYSE: DIS). Although it is hard to imagine, the House of Mouse has run into quite a few issues after hitting its all ...

A Wall Street analyst has revised Tesla’s (NASDAQ: TSLA) stock price target upward by over 50% as TSLA shares rally in line with optimism surrounding Donald Trump’s election.Jefferies analyst Philippe Houchois raised the stock target from $195 to $300 while maintaining a ‘Hold’ rating in an investor note to clients on November 14.According to Houchois, the update highlights the optimism around Tesla’s growth across its various ventures, spurred by post-election expectations of deregulation under the Trump a ...

Amidst a flurry of well-performing semiconductor stocks in the current 2-year bull run, Intel (NASDAQ: INTC) has been struggling. The chipmaker failed to respond quickly enough to the AI boom, while revenue decreases, a shrinking market share, and cost-cutting measures have shaken investor confidence. At press time, Intel shares were trading at $24.92 — year-to-date (YTD) losses stood at 47.87%. On November 13, INTC shares unexpectedly rallied by 3.90% — signaling that the processor giant’s fortunes could b ...

Core Insights - Nvidia is set to announce its Q3 2024 earnings on November 20, with significant expectations surrounding its performance in the AI sector [1][2] - The stock has shown volatility, recently closing at $146.27, down 1.36%, but showed minor strength before the upcoming earnings report [2] - Analysts have high expectations for Q3, with revenue guidance of approximately $32.5 billion and gross profit margins around 75% [3][6] Financial Expectations - Nvidia expects Q3 revenue of approximately $32.5 billion, with a gross margin of about 75% and an earnings per share (EPS) estimate of $0.74 [3][6] - Analysts have set a revenue estimate of $32.94 billion and an EPS estimate of $0.74, indicating a closely watched earnings report [3][6] Price Prediction Scenarios - If Nvidia exceeds expectations, the stock price could rise to approximately $153.30 (5% increase) or $160.60 (10% increase) [7] - Conversely, if Nvidia misses expectations, the stock price could drop to around $138.70 (5% decrease) or $131.40 (10% decrease) [7] Market Sentiment and Analyst Outlook - Wall Street analysts have raised their price targets for Nvidia, with Mizuho increasing its target from $140 to $165, citing optimism in AI and data center markets [7][8] - Morgan Stanley's Joseph Moore raised his target from $150 to $160, highlighting the demand for upcoming Blackwell chips, but noted potential supply chain constraints [8] - Piper Sandler analyst Harsh Kumar expects Nvidia's stock to rise to $175, despite similar supply chain concerns [9]