The ARK Holdings selection refers to a family of exchange traded funds (ETFs) managed by ARK Investment Management LLC (ARK). ARK was founded in New York City in 2014 by Cathie Wood, a prominent investor known for her bullish stance on technology stocks. The firm's investment philosophy is centered around identifying disruptive technologies and investing in companies that are positioned to benefit from these trends. The ARK ETFs have gained attention from investors and analysts due to their strong performance and unique investment approach. ARK currently has eight ETFs: ARKK, ARKW, ARKG, ARKQ, ARKF, ARKX, PRNT, LZRL.
Potential Trump Victory Could Stir Bitcoin Market, Bernstein Analysts Predict — Implications For These Seven Crypto Stocks Outlined
In the run-up to the upcoming 2024 elections, analysts from research and brokerage firm Bernstein have suggested that Bitcoin (CRYPTO: BTC) traders may not have fully considered the possible victory
Elon Musk Says 'Grok 3 Should Be The Most Powerful AI' Upon Its Release, Gives Timeline For XAI Models Aiming To Beat Gemini, ChatGPT
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Ethereum ETFs Get Final Go-Ahead From The SEC: What Happen's Next?
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Options Market Statistics: Big Tech Stocks Surge on Monday, Boosting S&P 500 and Nasdaq Gains
News Highlights
AU Morning Wrap: Australian Stock Market Gains Momentum with Tech Rally
Australian stock market gains momentum with tech rally. Stocks to watch: Woodside Energy, Transurban, Brainchip.
Bitcoin ETF has seen inflow of funds for four consecutive weeks, and the market is waiting for Trump's speech at the heavyweight cryptos conference this week.
Bitcoin ETF has received inflow of funds for the fourth consecutive week, with a total inflow of more than $3.1 billion in four weeks. Harris has not publicly commented on her views on cryptos, but if her position is similar to Biden's, traders may continue to believe that Trump is more favorable to the industry. Media reports suggest that Trump may propose to list bitcoin as a strategic reserve asset at this week's bitcoin conference.
S&P rose more than 1%, small cap index rose 1.7%, Tesla and Nvidia rose about 5% each, while commodity fell again.
U.S. stocks rose with the S&P up over 1%, the largest increase in seven weeks, and the NASDAQ up 1.6%. Funds have returned to small cap stocks, with the small cap index rising 1.7%. Investors bought U.S. tech stocks on the dip, and only Apple and Amazon among the seven tech giants declined, with Tesla and Nvidia both up about 5%. Cybersecurity leader CrowdStrike, which triggered a global IT failure, fell more than 13%, nearly erasing this year's gains. Some Trump trades cooled down, with electric cars and photovoltaic stocks rising and petroleum stocks falling. There was a new variable in the U.S. presidential election over the weekend, and safe-haven demand initially pulled down U.S. bond yields and the dollar while boosting gold, but panic subsided and the VIX volatility index fell 10% from its highest level in nearly three months. The China concept stock index surged 2.8%, while offshore Renminbi fell more than 110 points to a two-week low. Oil prices initially fell more than 1%, and metal fell sharply.
Notable Earnings After Tuesday's Close
DraftKings Analyst Cautious On Q2, But Optimistic About NFL Season: 'Well-Positioned To Execute' In Second Half Of Year
An analyst says sports betting company DraftKings Inc (NASDAQ:DKNG) could have a challenging second quarter report, but remains optimistic ahead of the 2024 NFL season.The DraftKings Analyst: Bank
Nvidia, Tesla, Rest of Mag 7 Lift Stock Market Higher | Wall Street Today
The S&P 500 Index recovered from its biggest weekly slump since April, and the Nasdaq Composite Index rebounded, buoyed by gains in Nvidia, Tesla and the rest of their Magnificent Seven peers.
Top Crypto Trader Shares His 5 Meme Coin Portfolio Picks, Terms One 'The DOGE Of This Cycle'
Prominent crypto trader Smiley Capital shared his meme coin portfolio, which he believes they will yield significant returns.
DraftKings Sells VSin to Musburger Media Three Years After Acquiring the Sports Media Property
Tesla Q2 Earnings Preview: Analyst Estimates, Key Items To Watch, Can 'Major Turning Point' In Bull Case Continue?
All eyes could be on Tesla Inc's (NASDAQ:TSLA) non-vehicle segments and political catalysts when the company reports second-quarter financial results after market close Tuesday.Here are the earnings
What's Going On With Coinbase Shares Today?
Coinbase Global, Inc. (NASDAQ:COIN) shares are trading higher Monday despite a drop in the price of Bitcoin (CRYPTO: BTC).The Details:Bitcoin has retreated slightly over the past 24 hours, trading
S&P 500, Nasdaq Rebound, as Nvidia, Tesla and Rest of Magnificent Seven Rally
The
The S&P 500 Typically Outperforms in July, Underperforms August-October - RBC Capital Markets
Cantor Fitzgerald Reiterates Overweight on Tesla, Maintains $230 Price Target
Cantor Fitzgerald analyst Andres Sheppard reiterates Tesla (NASDAQ:TSLA) with a Overweight and maintains $230 price target.
Tesla Analyst Ratings
Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 07/22/2024 -8.65% Cantor Fitzgerald $230 → $230 Reiterates Overweight → Overweight 07/18/2024 23.13%
What's Going On With Tesla Stock Monday?
Tesla, Inc. (NASDAQ:TSLA) shares are trading higher on Monday. The vehicle company is anticipated to release quarterly financial earnings on Tuesday after the market closes.The Details: For the 2024
Play The Political Angle In The EV Sector With Direxion's 2X Bull And 1X Bear Funds
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