Cathie Wood's Favorite Biotech Stock Is Under Pressure Amid Insider Sales And Slow Revenue Growth: Momentum Score Drops
Swiss-American biotechnology company, CRISPR Therapeutics AG (NASDAQ:CRSP), has come under renewed pressure in recent weeks, amid insider sales, slow revenue growth, and weak adoption of its core products.
The company, which often features at the top of several funds managed by Cathie Wood’s Ark Invest,
Bitcoin ETFs Update: Net Inflow Hits $6.84 Million as BlackRock’s IBIT Takes the Lead
TLDR
- Bitcoin ETFs recorded a $6.84 million daily net inflow, with cumulative inflows reaching $56.50 billion as of January 26.
- IBIT led all Bitcoin ETFs with a $15.93 million daily inflow and the highest trading value at $2.19 billion.
5 ETFs That Could Outperform the S&P 500 in the Next 5 Years
Even professional investors have a hard time beating the returns of the S&P 500,
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Read MoreForget Tech Stocks: The Power Stock That AI Can't Live Without
Planned data center build-outs are working in its favor.
As artificial intelligence (AI) has gone mainstream, the tech sector has rightfully been the biggest beneficiary. These companies are responsible for building high-power hardware, developing and training AI, and creating the apps that people interact with daily. AI is largely why nine of the world’s 10 most valuable public companies are tech companies.
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Read MoreGiving to donor-advised funds surges on expiring tax cuts and a hot stock market
The Burst
How To Trade The Crashing Markets
Lots of finger-pointing has taken place. Was it Buffett selling Apple? The jobs report? The unwind of the Japanese carry trade, which is essentially nothing more than borrowing at low rates in Japan and investing at higher yields in the US. Or was it the re-pricing from inflation concerns to recession worries?
Regardless,
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Read MoreThe Ivy
The Formula Behind Billionaire’s 30-Year Win Streak
Stanley Druckenmiller may be best known for his role with George Soros in shorting the British pound in 1992, which famously became known as breaking the Bank of England. That position resulted in a cumulative profit of over a billion dollars, and all while Druckenmiller was only in his late 30s.
At a time when many professional investors consider themselves in their early innings of their careers,
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Read MoreThe Spotlight
The Best Stock Buffett Just Bought Is…
According to Berkshire Hathaway’s fourth-quarter 13F and 13G filings, Buffett and his investment team added shares to several existing positions, including Lousiana-Pacific Corp. (LPX), Paramount Global (PARA),