One of Cathie Wood’s signature moves is buying stocks when they pull back, looking for names she believes will recover over time.
The CEO of Ark Investment Management followed that playbook again in the past week, picking up a tech stock that dropped 16.3% over the last five trading days.
» Read more about: Cathie Wood buys $13.8 million of tumbling tech stock »
Cathie Wood, CEO of ARK Invest, remains confident in Bitcoin‘s (CRYPTO: BTC) future, even in the face of market volatility.
During a podcast, Wood reaffirmed her $1 million price target for the cryptocurrency.
» Read more about: Cathie Wood Confirms $1 Million Bitcoin Price Target Despite Market Volatility »
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there is this need to prove that ROI and prove that success at the same time that you have these frothy valuations. So, at a time when there are these concerns about about the valuations, where should investors sort of be looking for um,
» Read more about: How to spot non-infrastructure AI plays worth investing in »
Uzbekistan has signed multi-billion dollar agreements with the United States after President Shavkat Mirziyoyev met with his US counterpart Donald Trump, following a private bilateral meeting in the Oval Office on Thursday ahead of the “C5+1 Summit” at the White House.
The so-called C5+1 Summit was a gathering involving the leaders of Uzbekistan,
Demand for data center components necessary to underpin AI has soared in recent years.
Broadcom’s wide range of semiconductor and infrastructure products has gotten a lift thanks to soaring demand for AI.
Despite its crucial position in the AI ecosystem,
The week gone by was quite an eventful one for AI investors as they started feeling the tremors. Stocks such as CoreWeave, Super Micro Computer and SoftBank tanked over 20 per cent. These three stocks have lost 44 per cent, 40 per cent and 22 per cent, respectively, from their highs recorded this year.
Oracle,
Eli Lilly delivered fantastic third-quarter results, largely thanks to tirzepatide.
The company’s current lineup and pipeline make the stock attractive.
» Read more about: This Unstoppable Growth Stock Just Gave Investors More Reasons to Buy »
Global investment firm Think Investments acquired a 0.41% stake in edtech unicorn PhysicsWallah for approximately Rs 136 crore through a secondary share transaction completed on November 4, days before the company’s Rs 3,480-crore IPO scheduled to open on November 11.
The $3-billion investment firm purchased 10.72 million shares from 14 PhysicsWallah employees at Rs 127 apiece—17% higher than the IPO’s upper price band of Rs 109 per share,
» Read more about: Think Investments infuses Rs 136 crore in PhysicsWallah »
The stock is feeling the gravity of its success.
Palantir Technologies (PLTR +1.66%) has arguably been the hottest stock in the artificial intelligence (AI) boom.
Shares traded at just $6 a few years ago but changed hands above $200 at the beginning of November.
» Read more about: Is Palantir Stock Still a Buy? Wall Street Is Telegraphing a Clear Answer »
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Leo Nelissen is an analyst focusing on major economic developments related to supply chains, infrastructure,
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