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Stocks closed out a volatile week on a relatively quiet note as market participants caught their breath after Thursday’s broad-based beatdown.
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Today’s US market recovered from the sharpest decline in 19 months seen the previous day, with the Nasdaq Composite (+1.09%) and S&P 500 (+0.32%) rebounding. Broad buying returned to the semiconductor and tech sectors, including Nvidia and AMD, and the Philadelphia Semiconductor Index (SOX) also bounced back. On the other hand,
Cathie Wood, chief of Ark Investment Management, often sees a broad market sell-off as a great opportunity to add to her favorite technology investments.
That’s what she just did, buying millions of dollars worth of Nvidia (NVDA) shares as the AI chipmaker plunged more than 9% amid a sharp decline in technology stocks.
» Read more about: Cathie Wood buys $47 million of popular semiconductor stock »
Claiming Social Security early or late can look like a coin flip until you test it against how long you actually live. One surprising claiming age beats both extremes in the middle, and the gaps at the edges can reach…
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Tesla (TSLA) stock faced significant selling pressure, plunging 10.8% on Nov. 5 after midterm election results showed Democrats securing majorities in both chambers of Congress and gaining in key state-level contests,
» Read more about: Why You Shouldn’t Buy the Dip in Tesla Stock »
Bitcoin settled near $75,600 on Friday after a steep 6% plunge from above $80,000, mirroring a broader selloff in high-risk assets sparked by poor chipmaker earnings and the Democratic victory in the US midterm elections. Digital assets like Ether, Solana, and BNB remained flat as selling pressure eased, though analysts cautioned against viewing the brief pause as a full recovery without stronger catalysts.
Wall Street uberbull Dan Ives on Friday said this week’s tech stock sell-off presents a “golden buying opportunity” for investors to buy marquee stocks like Apple (AAPL), Microsoft (MSFT) and Nvidia (NVDA). Ives, an analyst with Yorkville Ives, called the tech sell-off “way overdone” and pounded the table for Magnificent Seven names Alphabet (GOOGL),
» Read more about: Tech Stock Sell-Off 'Golden Buying Opportunity,' Says Dan Ives »
Why is Cathie Wood buying SpaceX and Nvidia stocks during the AI market crash while selling $120 million in Broadcom? Wall Street is questioning how much money technology companies can continue to spend on artificial intelligence. Cathie Wood is taking a different approach. ARK Invest bought nearly $49 million in SpaceX and $46 million in Nvidia after both stocks plunged on Thursday.
Cloudflare’s earnings pop lit up a few thematic funds while barely nudging the big index funds most investors own. Which ETFs carry the biggest stakes, and what hidden overlap could leave you holding the same stocks twice?
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» Read more about: Cloudflare Just Surged on Earnings. Here’s What It Means for Your ETFs »
Covered calls pay the bills, but they also cap your gains when stocks rally. Five monthly payers draw income from dividends, preferreds, and bonds instead, and each one carries a risk worth knowing before you buy.
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» Read more about: Here Are 5 ETFs Retirees Use to Collect Monthly Income Without Covered Calls »
