The stock market has done extremely well in April, but Wall Street looks like it's ready for a bit of a break. The Nasdaq Composite (NASDAQINDEX: ^IXIC) has made a run toward record highs this week, and investors seem optimistic about its long-term future. Nevertheless, the index
Venture capital giant Andreessen Horowitz is looking to raise a fund of as much as $1 billion to invest in cryptocurrencies and crypto start-ups, the Financial Times reported on Friday.
Cathie Wood, founder of investment management firm ARK Invest and highly watched money manager, is known for her disruptive stock picks. One of her holdings is streaming company Roku (NASDAQ: ROKU), which makes up 5.2% of the ARK Innovation ETF (NYSEMKT: ARKK), an exchange-traded
Should Investors Buy These Electric Vehicle Stocks Right Now?Electric vehicles are racing to capitalize on the shift towards battery-powered cars, and EV stocks have been keeping pace. After such a monstrous run among top EV stocks in 2020, everyone has been looking for the next
Volkswagen plans to design and develop its own high-powered chips for autonomous vehicles, along with the required software, Chief Executive Herbert Diess told a German newspaper.
Electric-car company Tesla (NASDAQ: TSLA) has now produced a profit for seven consecutive quarters. Tesla managed a GAAP net income of $438 million in the first quarter, up from just $16 million one-year prior. It would appear, at least at first glance, that the electric-vehicle
Cathie Wood's flagship Ark Innovation fund has allowed its stake in Tesla Inc, its largest holding, to slip below 10% this week for the first time in over a month.
The S&P 500 hovered near record highs on Thursday, helped by gains in Facebook and upbeat economic data, while the Nasdaq eased as investors locked in profits from certain megacap technology firms.
High-flying electric vehicle leader Tesla (NASDAQ: TSLA) knocked one out of the park during the first quarter of 2021. Total revenue increased 74% from a year ago, and net income hit a new record of $438 million. However, the usual boost to the headline profitability metric (the
For years, Tesla (NASDAQ: TSLA) skeptics and bears have warned that competition is coming, at which point the electric-vehicle (EV) leader would get crushed by legacy automakers with deeper pockets and more established manufacturing operations. Most traditional automakers have be
You don't have to look too far to see the impact of fintech, or financial technology, on your life. It powers your mobile wallet, allows you to pay your bills online, and enables you to trade stocks from the palm of your hand.It was the reason you were able to shop from home unde
Long gone are the days when Tesla dominated the discussions regarding investing in the electric vehicle (EV) space. Over the past year, the competition for attention has intensified dramatically as SPACs have brought a variety of EV start-ups onto investors' radars. One such hope
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