ARK Investment Management LLC’s winning bets on disruptive technology companies cemented Cathie Wood’s status as Wall Street’s most popular fund manager since Peter Lynch or Bill Gross. Now those tactics threaten to …
Read More »Cathie Wood’s ARK ETF just entered a bear market, a sign of the times?
ARK Investment, one of the fastest growing fund managers in 2020, has just seen its flagship company enter a bear market, highlighting a strong selloff in growing tech-related stocks amid a persistent …
Read More »Tesla’s market share in Europe continues to decline as China regains top spot in the global electric vehicle race
Tesla’s share of the critical European battery electric vehicle market collapsed in the first month of 2021, and China has taken Europe’s first place in the electric vehicle race, according to new …
Read More »How Europe became the world’s largest electric car market and why it might not last
European consumers are buying electric cars at a faster rate than ever, encouraged by government subsidies and the availability for the first time of models made by their favorite brands. The boom …
Read More »Nikola shares gain after narrower fourth-quarter loss for electric truck maker
Nikola Corp. on Thursday night reported a narrower-than-expected adjusted quarterly loss and said it is reorienting its “core businesses” around heavy-duty battery and fuel cell electric trucks. Nikola NKLA, -6.81% It said …
Read More »Foxconn to build cars for Fisker electric vehicle startup
Foxconn Technology Group, the world’s largest contract manufacturer of electronics, has agreed to assemble cars for electric vehicle startup Fisker Inc., the latest deal for Apple’s iPhone assembler in its eager expansion …
Read More »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
Read More »The Bitcoin bubble could be bursting. It’s a headwind for some high-flying action.
Text size Bitcoin has dropped 10% in 24 hours. Dream time A bear market may be forming in Bitcoin, which could contribute to the sell off of some high-yielding stocks, if not …
Read More »Tangled Tesla-bitcoin-ARK investment market network could spell trouble for investors, strategist warns
Tuesday is shaping up to be a tough day for tech stocks, after a selloff welcomed investors to start the week. The Nasdaq Composite COMP, -2.46% – Up 40% in the past …
Read More »Bitcoin falls further below key $ 50,000 level after Yellen calls it ‘extremely inefficient’
The prices of Bitcoin and other cryptocurrencies fell on Tuesday, following a strong warning from Treasury Secretary Janet Yellen. “It is an extremely inefficient way to conduct transactions, and the amount of …
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