Nasdaq MSFT MicroSoft

The end of the Great Recession in 2009 marked the beginning of a show of force on Wall Street by growth stocks, which fueled the massive gains the market made over the past decade and a half. The S&P 500 has tripled in value over that time period, turning an investment of $10

The crypto revolution reminds me of the internet revolution in the late 20th century. It's that big and that important. While many people are focused on the "currency" aspects and worry about how crypto assets like Bitcoin (CRYPTO: BTC) will affect the dollar or the euro, that's

What happened Shares of DigitalOcean Holdings (NYSE: DOCN) rose by 18.8% Thursday. The stock market overall was volatile as it reacted to Russia's invasion of Ukraine, though the major indexes ultimately finished the day with gains. But the cloud computing platform provider surge

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In one of the most volatile episodes in stock market history, investors early last year took the shares of a company called GameStop (GME) on a wild ride that few would have expected for a business that's mostly a brick-and-mortar antique, the gaming version of a chain of

Wall Street's main indexes fell in volatile trading on Thursday as a Russian invasion of Ukraine sparked a selloff across most sectors, although gains in some megacap stocks helped limit losses on the Nasdaq.

With the Russian incursion into Ukraine and the resultant Western sanctions against Russia hitting the headlines, chances of heavy cybercrime on the global level have come to the fore. Several Ukrainian government websites were offline on Feb 23, 2022 as a result of a mas

A month has gone by since the last earnings report for Microsoft (MSFT). Shares have lost about 5.5% in that time frame, underperforming the S&P 500.

Major U.S. benchmarks ended sharply lower on Wednesday, extending their recent losses as warning from U.S. officials that Russia could attack Ukraine anytime once again raised worries among investors. This coupled with worries of surging inflation and rising interest rate

Salesforce (NYSE: CRM) is often considered a resilient blue-chip tech stock. It owns the largest cloud-based customer relationship management (CRM) platform in the world, and it leverages that dominance to cross-sell additional cloud services for adjacent markets.Salesforce belie

A lot has been said about Meta Platforms (NASDAQ: FB) since its fateful fourth-quarter 2021 earnings update: Its digital advertising dominance is "over," ended by Apple's (NASDAQ: AAPL) user privacy changes; its bet on the "metaverse" will be an ill-fated dystopian tech experimen

Designed to provide broad exposure to the Large Cap Value segment of the US equity market, the Schwab Fundamental U.S. Large Company Index ETF (FNDX) is a passively managed exchange traded fund launched on 08/13/2013.

To bolster their stance in the video game industry across all platforms, Microsoft (MSFT) acquired Activision Blizzard (ATVI) for $68.7 billion dollars back in January. Activision Blizzard is a leader in video game development and an interactive entertainment content publ

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The semiconductor industry produces the advanced computer chips that power our most-prized consumer electronics. These components are becoming increasingly important as more goods and services harness digital capabilities, but they'll also play a critical role in futuristic techn

Some U.S. tech giants may prefer to pay a fine rather than comply with antitrust rules, the European Union's antitrust chief said, and cited Apple's fight with the Netherlands' competition authority as an example.

The odds of running a $1 billion business are slim to none.

Unless you’re Elon Musk. Then you run a few.

The CEO of Tesla Inc (NASDAQ: TSLA), SpaceX and the Boring Co. is now known to head two firms that are both valued north of $25 billion.

With Tesla’s $46-billion market cap and SpaceX’s estimated worth of about $28 billion, Musk is working to cement his fortune and legacy as this century’s Cornelius Vanderbilt.

A Solid Investment

Interestingly, Vanderbilt also made his money in diverse transportation ventures. The shipping and railroad tycoon, together with railroad magnate Andrew Carnegie, proved the industry to be historically lucrative.

The market continues to testify to transportation’s profitability.

SPDR S Tr/S&P TRANSN ETF (NYSE: XTN) trades up 150.5 percent from its 2011 debut price, and iShares Dow Jones Transport. Avg. (ETF) (BATS: IYT) is up 141 percent from its 2003 offering.

A Common Interest

Musk’s contemporaries have transportation assets of their own.

Jeff Bezos, CEO of Amazon.com, Inc. (NASDAQ: AMZN) and owner of The Washington Post, founded Blue Origin for commercial space travel and is an Uber investor. 

Berkshire Hathaway Inc. Class A (NYSE: BRK-A) (NYSE: BRK-B) CEO Warren Buffett counts BNSF Railway, Berkshire Hathaway Automotive and Precision Castparts, an aerospace parts producer, in his portfolio.

Richard Branson, who formerly owned Virgin Atlantic and Virgin Mobile, founded space travel company Virgin Galactic and rail company Virgin Trains. He also invested in Hyperloop One.

Microsoft Corporation (NASDAQ: MSFT) cofounder Paul Allen launched Stratolaunch and funds SpaceShipOne for commercial space travel.

Related Links:

Master Of All Trades: Every Industry Jeff Bezos Has A Hand In

6 Things Elon Musk Is Working On Other Than Tesla

Photo by Maurizio Pesce via Wikimedia. 

Original publication: May 26, 2018

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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Wall Street was set to open higher on Wednesday after modest initial sanctions by Western nations on Moscow, with investors keeping a close watch on the fast-moving developments in the Russia-Ukraine crisis.

The NASDAQ 100 Pre-Market Indicator is up 133.31 to 14,003.84. The total Pre-Market volume is currently 24,148,523 shares traded.The following are the most active stocks for the pre-market session: Bank of America Corporation (BAC) is +0.49 at $46.05, with 3,843,626 shares trade

U.S. stock index futures rose on Wednesday, as investors kept a close watch on the rapidly developing situation in the Russia-Ukraine crisis following a softer-than-expected initial sanctions by the Western nations against Moscow.