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Cathie Wood’s ARK Investment Management LLC is now focusing on shares of largely unprofitable companies.
Recently, Wood’s ARK Innovation bought more than $400 million of shares from companies such as $Roblox (RBLX.US)$ , $Block (SQ.US)$ and $Robinhood (HOOD.US)$ .
Shares of these companies are down at least 25% over the first six weeks of the year.
However, Wood says that the companies dealing with digital...
Recently, Wood’s ARK Innovation bought more than $400 million of shares from companies such as $Roblox (RBLX.US)$ , $Block (SQ.US)$ and $Robinhood (HOOD.US)$ .
Shares of these companies are down at least 25% over the first six weeks of the year.
However, Wood says that the companies dealing with digital...
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$Intel (INTC.US)$ With the EV revolution, the demand for automotive chips is set to explode higher. Hence, the chip shortage could last for years and years. Only a handful of companies can solve this crisis, and Intel is probably the only company that could help abate this semiconductor shortage in the Western Hemisphere. Stock should be trading at $60-$70 right now.
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$NVIDIA (NVDA.US)$
Earlier at sub 284 was a chance to nibble, but I won't chase the climb now. if dips to 280 buy some. Market is still very soft and a lot of C Suits and executive are clearing their stock options and selling down for loss harvesting. Will need to look out, hopefully this is just a pullback.
Earlier at sub 284 was a chance to nibble, but I won't chase the climb now. if dips to 280 buy some. Market is still very soft and a lot of C Suits and executive are clearing their stock options and selling down for loss harvesting. Will need to look out, hopefully this is just a pullback.
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$Moderna (MRNA.US)$ a company with irresponsible CEO has no future, don’t buy any moderna, who knows what a bs CEO will say tmr.
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$Moderna (MRNA.US)$ market will fall..brace for impact
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