This article reported with data that Cathie Wood has bought too many Tesla's share at low price. It's normal for her to take some profit now that Tesla's share price is at all time high and re-balance her portfolio - kind of risk management.
Many bloggers (include one that question me last night) will quick to conclude that the selling is a sign of overvalued. Wood's Ark Invest predicted in late April th...

[Rewards] NIO Q1 margins contracted sharply, and new launches are around the corner
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KEY Figures:
● Q1 total revenues were US$1,554.6 million, representing an increase of 7.7% YoY (year-on-year) and a decrease of 33.5% from the fourth quarter of 2022. The decrease in vehicle sales was mainly due to a lower average selling price as a result of the higher proportion o...

The National Basketball Association (NBA) is reportedly seeking a new television broadcast contract for the next decade of games, which may be estimated to cost more than $5 billion per year.
Currently, Disney , parent company of ABC and ESPN, and Warner Bros. Discovery Channel , owner of TNT, are in an exclusive negotiating window to renew their contracts with the NBA. The current deal expires in ...