Cathie Wood Just Bought More SpaceX Stock. Here's Why I Wouldn't Copy Her
Space Exploration Technologies (NASDAQ: SPCX) has grand ambitions, including sending humans to Mars. This may require breakthroughs in space travel even more impressive than those the company has already achieved. It’s not surprising, then, that Ark Investment Management — a firm led by the famous investor Cathie Wood, a staunch believer in the power of innovation —
2 Vanguard ETFs Built to Thrive as Big Tech Loses Its Market Grip
Big tech and artificial intelligence (AI) stocks have been the driving force behind the magnificent ongoing bull market that’s been charging for the past three-plus years.
But in recent months, big tech stocks have sputtered as investors have grown wary of historically high large-cap valuations and concerns about whether the massive investment in AI infrastructure will actually pay off.
» Read more about: 2 Vanguard ETFs Built to Thrive as Big Tech Loses Its Market Grip »
Read MoreMU Stock Loses Some Steam After Korea Chip Selloff — But Retail Is Eyeing Clean Rebound Above $1,000
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MU stock, however, declined in overnight trading, tracking a sharp sell-off in the South Korean market.
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On Thursday, the S&P 500 posted its biggest drop in a month, while the Nasdaq fell for a third straight session to a more-than one-month low.
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Retail sentiment for MU and peer memory stocks was ‘bearish’
Mutual funds explained: Types, features and how to choose the right one
A mutual fund offers investors access to a professionally managed portfolio of securities. Since investors have different financial goals, investment horizons, and risk preferences, there are various types of mutual fund schemes designed to cater to different investment objectives.
Understanding these categories can help investors make informed decisions when considering a mutual fund investment.
» Read more about: Mutual funds explained: Types, features and how to choose the right one »
Read MoreWhy Did SKHY, EOSE, OKLO Stocks Plunge To 52-Week Lows Today?
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SK Hynix stock faced pressure as Q2 revenue missed Street expectations.
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Eos Energy shares hit a 52-week low after CEO Joe Mastrangelo sold 159,154 shares.
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Oklo shares fell to a yearly low of $37.80 as investors scaled back exposure to advanced nuclear companies.
» Read more about: Why Did SKHY, EOSE, OKLO Stocks Plunge To 52-Week Lows Today? »
Read MoreThe Burst
1 Bitcoin Miner You Cannot Afford To Miss
Shares of bitcoin miner CleanSpark, Inc. (NASDAQ:CLSK) soared more than bitcoin over the past six months. However, the stock lost its momentum over the past month and declined by more than 11%.
The stock underwent significant volatility due to their correlation with bitcoin’s movement.
» Read more about: 1 Bitcoin Miner You Cannot Afford To Miss »
Read MoreThe Ivy
1 Titan Health Stock Is Way Too Cheap
Merck & Co. (NYSE: MRK) might be best known for its drugs like Keytruda and Gardasil, but those blockbusters haven’t been enough to get shareholders excited as the share price has fallen under water this year, down 6%.
It may well be a pharmaceutical powerhouse but recent price weakness suggests that Merck may be flying under the radar for investors,
» Read more about: 1 Titan Health Stock Is Way Too Cheap »
Read MoreThe Spotlight
