In a decade defined by tech, Cathie Wood has been one of the most forward-thinking investors. The CEO of Ark Investment Management (ARKK) is renowned for her focus on disruptive technologies — but her bets haven’t always paid off.ARKK was the best-performing actively-managed fund of 2020 — it has fallen from grace significantly since. Down from a February 2021 peak of $156.58, shares of the fund are now trading at just $51.11, although the fund has marked a modest 6.38% year-to-date (YTD) gain.ARKK price YT ...

Donald Trump’s victory in the 2024 presidential election has sent Tesla Motors (NASDAQ: TSLA) stock on a somewhat surprising rollercoaster ride.Thanks to Elon Musk’s role in the incoming administration and his political alliance with the Republican President-Elect, TSLA shares began rocketing on November 6. Still, some subsequent policy headwinds – primarily the plans to cut the $7,500 electric vehicle (EV) tax credit – also triggered a significant correction.The latest development, however, was upward as T ...

Chipmaking powerhouse Nvidia (NASDAQ: NVDA) has been the most discussed stock in the market for over a year thanks to its technological leadership and, in many ways, peerless performance.Legendary analyst Tom DeMark, known for advising numerous famous investors and creating TD Sequential, a popular reversal-detecting technical analyst tool, recently weighed in on NVDA shares’ future.As part of a broader analysis, DeMark identified Nvidia’s upcoming earnings – scheduled for November 20 – as a pivotal moment ...

Core Viewpoint - Nvidia's upcoming Q3 earnings report is overshadowed by concerns regarding overheating issues with its next-generation Blackwell chips, which could impact investor sentiment and stock performance [1][5]. Group 1: Blackwell Chip Concerns - The Blackwell chips, initially delayed, are experiencing overheating in server racks, raising concerns about the timely launch of new data centers [1]. - Increased demand for Blackwell chips is expected, potentially benefiting Nvidia's stock price, as analysts have raised price targets based on their role in the AI boom [2][6]. - If Nvidia resolves the overheating issues by early 2025, the stock could rise to between $200 and $250, driven by strong earnings growth [4]. Group 2: Stock Performance - Following the news of the Blackwell chip issues, Nvidia's stock price fell over 2% in premarket trading, dropping below $140 to $138.70 [3]. - The stock has shown a year-to-date surge of 194%, but the current weakness may affect its performance ahead of the earnings report [6][8]. - Analysts project earnings of $0.75 per share and revenues of $33.09 billion for the quarter ending September 2024, indicating over 80% year-over-year growth [7]. Group 3: Market Reactions and Predictions - Nvidia's stock typically experiences volatility before earnings but tends to rise afterward, complicating the current situation due to Blackwell chip issues [8]. - Wall Street analysts have mixed targets for Nvidia post-earnings, with many maintaining that a $200 target is achievable [9].

The share price of electric vehicle manufacturer Tesla (NASDAQ: TSLA) remains at a critical juncture, facing the increasing threat of dropping below the $300 support.To some extent, the stock has cooled down from its post-election momentum, where investors were anticipating the equity would touch the crucial $400 mark. As of press time, TSLA was valued at $320.72, ending the November 15 trading session up over 3%. On the weekly chart, Tesla is down over 7%.  TSLA seven-day price chart. Source: FinboldTSLA s ...

Shopify Inc. (NYSE: SHOP) has cemented its position as a leader in the e-commerce sector. Currently trading at $108.49, Shopify’s stock has surged by 22% in the past five days and is up an impressive 46% year-to-date (YTD). While the stock has delivered an outstanding 85% over the last six months, questions linger about its ability to sustain this growth as 2024 comes to a close. Shopify one-month stock price. Source: Google FinanceTo gain clarity on the stock’s future trajectory, Finbold consulted OpenAI’s ...

After the recent price breakout, Tesla (NASDAQ: TSLA) stock could be facing a potential pullback based on the equity’s technical setup.Tesla closed the week at $320.72, up 3.07%. The stock has seen significant investor interest amid the post-election rally that pushed it toward the $400 resistance. Analysis indicates that TSLA has formed a bearish counter-attack pattern on the weekly chart, a reversal signal that often emerges near resistance zones, according to GDXTrader in an X post on November 16. “TSLA ...

For years, the technology sector has been a cornerstone of substantial returns, consistently outperforming other industries through sustained growth and innovation. The emergence of artificial intelligence (AI) has further accelerated this momentum, reshaping market dynamics and elevating companies at the forefront of this revolution to unprecedented levels.Among these companies, Meta Platforms (NASDAQ: META) and Amazon (NASDAQ: AMZN) stand out by effectively harnessing AI, digital advertising, and e-commer ...

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 ...