Cathie Wood Says Nvidia Performance Exceptional But Forecasts 'Short-Term Indigestion' For Company's Business As Customers Reassess AI Strategies
In a recent investor letter, Cathie Wood, the CEO of ARK Invest, emphasized the pivotal role of NVIDIA Corp (NASDAQ:NVDA) in the company's performance, despite short-term challenges.What Happened:
Elon Musk Slams Bond King Bill Gross For Tesla Is 'Meme Stock' Remarks: He Makes 'Investment Decisions By Looking In The Rear-View Mirror'
Elon Musk has fired back at renowned bond investor Bill Gross for his recent comments on Tesla Inc. (NASDAQ:TSLA) stock, suggesting that Gross lacks an understanding of technology.What Happened: Musk'
Google Boosts Fitbit's Heart Health Monitoring, Aims To Simplify Data Sharing With Doctors, Nurses And Researchers
On Wednesday, Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google announced that it is upgrading the heart health monitoring features of Fitbit, making it easier for medical professionals to access
Palantir, Apple, Costco, SoundHound AI, Tesla: Why These 5 Stocks Are On Investors' Radars Today
Major U.S. indices ended higher on Wednesday, with the Dow Jones Industrial Average increasing by 1.1% to 39,271.36, the S&P 500 gaining nearly 1% to reach 5,633.91, and the tech-heavy Nasdaq
Bond king Gross: Tesla is becoming a new concept stock for retail investors.
Seasoned investor Bill Gross believes that Tesla is like a speculative game for retail investors. "Tesla is like an internet-famous concept stock-basic fundamentals are weak, but prices are skyrocketing," said the former Chief Investment Officer and co-founder of PIMCO in an X article on Tuesday. "But now it seems like there's a new internet-famous concept stock every other day, and most of them are 'pumped and dumped.'" Tesla has risen continuously in the past 10 days, and its stock price has risen a staggering 43.6% since June 24, setting a record for the longest consecutive rise in a year. The initial rise was due to Tesla's vehicle production and delivery numbers in the second quarter.
Options Market Statistics: Apple to Increase iPhone Shipments by 10% in 2024, Shares Reach All-Time High, Options Pop
News Highlights
"Congressional stock god" will become history? Senators from both parties in the US Senate seek to ban members of Congress from trading stocks.
A new proposal unveiled by bipartisan Senators on Wednesday proposes to ban Congressional members, their spouses, and minor children from trading individual stocks. If the bill passes, it will require members of Congress to divest from individual stock assets starting from 2027, and violators will be penalized through fines equal to the monthly salary or 10% of the value of each violating asset.
Boosted by demand for AI services, the shipment volume of iPhone 16 in the second half of the year will increase by 10%, and Apple's stock will hit another record high during trading hours.
According to media reports, Apple hopes that AI services can drive consumer demand, and plans to increase the shipment of iPhone by 10% in 2024, with at least 90 million iPhone 16 units shipped. This optimistic expectation drove Apple's stock price up 1.8% to a new high. However, Wall Street analysts expect that Apple's iPhone revenue will decline in the second half of 2024.
MrBeast Celebrates YouTube Record With New Video Featuring 50 Content Creators Competing For $1M
Content creator MrBeast, also known as Jimmy Donaldson, now has the most subscribed channel on YouTube.To celebrate, MrBeast is giving away $1 million to another content creator.What Happened: Known
Nintendo Switch Sees Biggest Drop As All Consoles Face Double-Digit Declines
The U.S. video game market has seen a significant drop in hardware spending, with a 40% decline compared to 2023, according to Circana's May 2024 highlights. This trend reflects double-digit
'Warren Buffett Indicator' Sounds Alarm: Stock Market Levels Now Surpass Dot-Com Bubble, Great Financial Crisis
Few investors have more market experience than Berkshire Hathaway Inc (NYSE:BRK) (NYSE:BRK) CEO Warren Buffett, who's seen his fair share of over-extended bull markets. After the Dot-Com Bubble
HubSpot Stock Sinks After Alphabet Pulls Plug On Potential Deal: What You Need To Know
HubSpot Inc (NYSE:HUBS) shares turned sharply lower in afternoon trading Wednesday following reports that Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL) has shelved interest in acquiring the cloud-based
Xbox Game Pass Ultimate Sets New Price At $19.99: Day One Releases Exclusive To Premium Tier
Microsoft Corp. (NASDAQ:MSFT) has recently announced changes to its Xbox Game Pass subscription service, which will see significant price increases and the restructuring of its tiers. This move,
NBA Sets up Deals With NBC, Amazon, ESPN, but TNT Can Still Match - Athletic
Apple, Microsoft, Meta, Google: Which Would You Buy At All-Time High? Investor Poll Reveals Split Opinions
Four of the largest companies in the world have hit new all-time highs in recent weeks with Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Meta Platforms (NASDAQ:META) and Alphabet
Apple Poised For Revenue Boost: Analyst Sees Advertising As Key Growth Driver
Apple Inc. (NASDAQ:AAPL) is not just coasting on its iconic devices and services; it's gearing up for a significant boost in its revenue trajectory. With a $110 billion share repurchase
Samsung Takes On Apple With New Galaxy Ring And Watch Ultra
Samsung Electronics Co Ltd (OTC:SSNLF) is stepping up its competition with Apple Inc. (NASDAQ:AAPL) in the wearables market by launching a smart ring and a new high-end wearable similar to the Apple
Delta Air Sees Financial Giants Pile on Bullish Options Ahead of Earnings
Delta Air Lines options are seeing the heaviest trading volume since May as financial giants pile on positions that could pay off should the share price rebound after the company reports second quarter earnings Thursday.
HubSpot Sinks Amid Report Google Has Shelved Acquisition Plans
Google Parent Alphabet Reportedly Shelves Interest In HubSpot; Deal Interest Did Not Reach Detailed Talks
Google Parent Alphabet Reportedly Shelves Interest In HubSpot; Deal Interest Did Not Reach Detailed