“I've been following Nvidia my whole life; it's a highly cyclical stock” — because of this, “Cathie Wood” made less than a billion dollars!
Driven by the artificial intelligence boom, Nvidia's stock price has soared more than six times this year, but apparently the biggest winner in this round of markets does not include Cathie Wood (Sister Mu), a former star fund manager in tech stocks. Regulatory documents show that in the first quarter of this year, Cathie Wood chose to continue selling Nvidia, selling 81,239 shares. As of March 31, Cathie Wood Toujie's Ark Investment held 67,000 Nvidia shares worth about 75 million US dollars. Over the past year or so, even though Nvidia's stock price has reached new highs, Cathie Wood has decided to continue selling Nvidia, causing Ark Investment to miss out on more than 12
Most S&P 500 Firms Beat EPS Expectations but Fell Short on Revenue This Week - Earnings Scorecard
Real Estate Stocks Gain After Inflation Report Even as Major Market Averages Lose
Tesla Fires Back At Hostile Proxy Advisory Firms, Rivian's 'Messy' Q2 Warning, Faraday Future Stock Deflates And More: Biggest EV Stories Of The Week
Electric-vehicle shares finished the week ending on May 31 on a mixed note, with market leader Tesla, Inc. (NASDAQ:TSLA) recording modest losses. The lackluster market mood amid the release of some we
Benzinga Bulls And Bears: Nvidia, Tesla, Alphabet And Shiba Inu Investor Turns $2,625 Into $1.1M
Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.The S&P 500 and Nasdaq ended their five-week winning streaks with decl
'Stick With What's Working' as Markets Head Into June Trade: Fundstrat's Tom Lee
Watch These Consumer Stocks for a Potential Boost From a Stock Split Announcement
Netflix Co-Founder Says You Don't Need MBA Or Investors To Start A Business: 'Search For Pain... And Fall In Love With Trying To Solve Problems'
Netflix Inc. co-founder Marc Randolph on Friday shared his unique perspective on the key ingredients for business success.What Happened: Randolph took to X, formerly Twitter, and in a series of posts
Fueled By Craze For Nvidia, South Korean Crypto Traders Embrace Risky AI-Linked Tokens
South Korean traders are showing a growing interest in digital assets linked to artificial intelligence (AI.) This surge in interest has seen the country's share of global trading volumes for Nvidia C
Netflix's Mike Tyson Vs. Jake Paul Boxing Match Postponed Due To Tyson's Health Issues: 'My Body Is In Better Overall Shape Than It Has Been Since The 1990s'
Netflix Inc. has announced the postponement of the highly anticipated boxing match between Mike Tyson and Jake Paul due to the former's health issues.What Happened: On Friday, Netflix's official accou
June's Must-See Financial Events: Fed Interest Rate Decision, Nvidia Stock Split, Apple WWDC 2024, Tesla Shareholder Meeting
Check out key events in June here.
Elon Musk Faces $7.5B Insider Trading Allegation From Tesla Shareholder
Tesla shareholder Michael Perry on Thursday filed a lawsuit against Elon Musk alleging insider trading when the CEO sold shares worth over $7.5 billion in the last two months of 2022.
Elon Musk Reveals Tesla's FSD Will Have Three Modes for Drivers to Choose From: 'Chill, Standard and Hurry'
Tesla CEO Elon Musk on Friday said that its full self-driving (FSD) driver assistance software will have three modes in the future, namely 'chill,' 'standard,' and 'hurry.'
Apple took the lead. In May, US stocks announced repurchases of more than 200 billion US dollars, a record high for the same period
Apple's record buyback program has boosted repurchase activity across US stocks. According to Birinyi Associates data, US listed companies announced a $2010 billion share repurchase plan in May, up more than 41% year over year, setting a record high for that month in history, and the fifth highest since records began. At the beginning of May, Apple officially announced a stock repurchase plan of 110 billion US dollars during the first quarter earnings call, accounting for more than half of the total US stock repurchase plan. Analysts believe that large-scale stock repurchase plans may help support underperforming US stocks since the end of March. Stock repurchases
Tesla's Humanoid Bot Optimus Guides Shareholders On Voting Process Ahead Of Key June Meeting
EV giant Tesla Inc (NASDAQ:TSLA) on Friday released a step-by-step guide for shareholders to vote ahead of the company's upcoming meeting in June.What Happened: Tesla used its humanoid bot, Optimus, t
The AI concept stock boom has cooled down, and this US power company, which is stronger than Nvidia's gains, has plummeted
On Friday, Texas power producer Vistra, the “hidden winner” of the AI boom, fell sharply by 10% in the intraday session. Although the decline narrowed at the close and closed down by nearly 6%, the performance was clearly weak compared to the NASDAQ 100, which had the same deep decline during the day but recovered almost all of its decline at the end of the session. In fact, Vistra only hit an all-time high earlier this week. The company's plans to expand natural gas production capacity have raised a certain level of concern in the market. Combined with the overall sentiment of the market, which is becoming more risky in recent days, the stock price increase has come to a standstill. Vistra has increased by more than 300% in the past 12 months, becoming
Ontario Court Approves AstraZeneca/Fusion Acquisition Plan
J&J Says Rybrevant Combo Bests AstraZeneca's Tagrisso in Type of Lung Cancer
$100 Invested In CDW 5 Years Ago Would Be Worth This Much Today
CDW (NASDAQ:CDW) has outperformed the market over the past 5 years by 3.43% on an annualized basis producing an average annual return of 16.89%. Currently, CDW has a market capitalization of $30.05 bi
Here's How Much You Would Have Made Owning Linde Stock In The Last 20 Years
Linde (NASDAQ:LIN) has outperformed the market over the past 20 years by 5.08% on an annualized basis producing an average annual return of 13.0%. Currently, Linde has a market capitalization of $209.