Cathie Wood Snaps $12 Million of Bullish (BLSH) Stock Despite 27% Monthly Drop, Here’s Why
Key Notes
- Despite a 27% drop for the Bullish (BLSH) stock over the past month, Ark Invest has continued with its purchases.
- Bullish recently reported over $82 million in trading volume within five days of launching its crypto options platform.
- Following its BitLicense approval, Bullish expanded into 20 US states,
Tesla's Stock Just Got Riskier, but Is It Still a Buy?
Key Points
It’s no secret that Tesla‘s (NASDAQ: TSLA) valuation isn’t based on it being just another car company,
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Read MoreTesla Stock Drops Before Shareholder Meeting As Major Investor Plans Vote Against Musk Pay Plan
Topline
Tesla’s stock dropped 2.6% after markets opened on Tuesday, shortly after Norway’s sovereign wealth fund, which owns a 1.14% stake in the electric car maker, announced it would vote Thursday against a pay package for CEO Elon Musk that could be worth $1 trillion.
Norway’s sovereign wealth fund announced it would vote against a $1 trillion pay package for Tesla CEO Elon Musk.
Tesla investors set to vote on Elon Musk's proposed $1 trillion pay package
Tesla shareholders are voting this week on whether to award CEO Elon Musk a new pay package potentially worth up to $1 trillion over a decade, with some prominent investors in the electric car maker criticizing the compensation plan.
Norway’s sovereign wealth fund, which holds a stake in Tesla,
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Read MoreApple's Q4 Earnings Beat, $1 Billion Google AI Deal Fuel Surge In Growth Rankings
The Burst
Is Meta Breaking Out?
Headlines swirled in recent days that Mark Zuckerberg was meeting with President-Elect Donald Trump at Mar-a-Lago.
Some speculated Zuckerberg was going to “bend the knee” while others thought he was looking for an active role in the new administration.
What we haven’t seen anyone discuss yet is whatever conversation did take place in that room appears to have been received well by markets because Meta now seems to be breaking higher.
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Read MoreThe Ivy
Has Medical Properties Trust Bottomed Out? The Case for a Comeback
Medical Properties Trust (NYSE:MPW) is a REIT that focuses on hospitals and other medical facilities. The company has been through an extremely trying couple of years, resulting in both dividend cuts and deteriorating share prices.
Now, however, things seem to finally be improving at Medical Properties Trust. Is MPW a buy as the business turns itself around,
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Read MoreThe Spotlight
Spotlight: What to Buy If Things Get Crazy Soon
Among the first lessons any great investor learns is “Don’t Fight The Fed.” Simply put, it means when the Fed is accommodative and engaging in quantitative easing, money is cheap and economies boom. Some call this the Fed Put because as markets fall, the Federal Reserve acts swiftly to provide liquid support by buying bonds.
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