Cathie Wood’s ARK Invest Dumps Over $100 Million Worth of Tesla Stock

A few ARK Invest exchange-traded funds run by ETF star Cathie Wood made a huge sale on Wednesday. Specifically, these funds sold nearly a million shares of Tesla Inc. (NASDAQ: TSLA), as the prices of these funds were down around 2% on Wednesday. Note though that they are up a fair amount in the past… Continue reading Cathie Wood’s ARK Invest Dumps Over $100 Million Worth of Tesla Stock

You can't go far with Zoom alone

(NYTIMES) – In my 17 years on Wall Street advising corporate executives on restructurings, leveraged buyouts, and mergers and acquisitions, I was far from God’s gift to the profession. But watching and learning from Wall Street giants such as Mr Felix Rohatyn at Lazard and Mr Ray McGuire at Merrill Lynch were invaluable. Sitting in… Continue reading You can't go far with Zoom alone

Cathie Wood’s ARK Invest Sells Nearly 3,000 Shares of Alphabet

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood sold nearly 3,000 shares of Alphabet Inc. (NASDAQ: GOOG) on Thursday, as the share price of this fund traded up around 1% in the day’s session. The share prices of these funds have greatly improved over the past year. ARK Autonomous Technology… Continue reading Cathie Wood’s ARK Invest Sells Nearly 3,000 Shares of Alphabet

Costly electric cars deter drivers from switching

(NYTIMES) – Mr Robert Teglia bought a Tesla Model 3 sedan even though he knew it cost more than many luxury cars. The commercial real estate appraiser tallied the costs of a petrol vehicle and a Tesla, and realised that even after paying more to buy a battery-powered car, he would end up saving money… Continue reading Costly electric cars deter drivers from switching

Costly electric cars deter drivers from switching

(NYTIMES) – Mr Robert Teglia bought a Tesla Model 3 sedan even though he knew it cost more than many luxury cars. The commercial real estate appraiser tallied the costs of a petrol vehicle and a Tesla, and realised that even after paying more to buy a battery-powered car, he would end up saving money… Continue reading Costly electric cars deter drivers from switching

Should the Fed tackle the US property bubble?

(NYTIMES) – Mr Robert Kaplan, president of the Federal Reserve Bank of Dallas, has been nervously eyeing the housing market as he ponders the path ahead for monetary policy. Home prices are rising at a double-digit pace this year. The typical house in and around the city he calls home sold for US$306,031 (S$415,835) in… Continue reading Should the Fed tackle the US property bubble?

5 myths about diversifying investments

Most people have probably heard of the adage: “Do not put all your eggs in the same basket”. Applied to investments, it advises that you should not invest all your money into a single security. This seems like a very intuitive way to invest. Moreover, it seems that spreading your portfolio around more securities would… Continue reading 5 myths about diversifying investments

Panic selling is crypto investors’ biggest mistake, new survey reveals

The importance of storage and passwords is best known by crypto enthusiasts who know how easy it is to lose access to their digital assets. A recent survey conducted by Cryptovantage named “Coin Storage Security: A closer look at crypto storage and passwords” aimed to identify investors’ sentiment toward the safekeeping of their crypto investments.… Continue reading Panic selling is crypto investors’ biggest mistake, new survey reveals

Cathie Wood’s ARK Invest Buys Over 240,000 Shares of Fate Therapeutics

A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought over 240,000 shares of Fate Therapeutics Inc. (NASDAQ: FATE) altogether, as the price of these ETFs were somewhat mixed on the day. Note that these funds are up significantly in the past… Continue reading Cathie Wood’s ARK Invest Buys Over 240,000 Shares of Fate Therapeutics

Cathie Wood’s ARK Invest Buys Over 240,000 Shares of Fate Therapeutics

A couple of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought over 240,000 shares of Fate Therapeutics Inc. (NASDAQ: FATE) altogether, as the price of these ETFs were somewhat mixed on the day. Note that these funds are up significantly in the past… Continue reading Cathie Wood’s ARK Invest Buys Over 240,000 Shares of Fate Therapeutics

Tata Motors to invest ₹28,900 crore in FY22, says Chandrasekaran

‘In time, EVs to contribute 25% of sales’ Tata Motors group will invest ₹28,900 crore across its domestic business and JLR in 2021-22, and in the development of hydrogen fuel cell vehicles, Chairman N. Chandrasekaran said. The company will also look to raise capital separately for its electric vehicles (EV) business ‘at an appropriate time’.… Continue reading Tata Motors to invest ₹28,900 crore in FY22, says Chandrasekaran

Ark Invest Sells Chinese Stocks, Buys Bitcoin

Ark Invest has been getting out of Chinese stocks amid a sell off that has plunged most Chinese stocks down 10% over the past month following surprising intervention in the market by the Chinese Communist Party (CCP). The ARK Innovation ETF has reduced its exposure to just 0.32% of its $23 billion in assets invested… Continue reading Ark Invest Sells Chinese Stocks, Buys Bitcoin

Cathie Wood’s ARK Invest Sells Over 2 Million Shares of KE Holdings

A couple of ARK Invest exchange-traded funds run by ETF star Cathie Wood sold over 2 million shares of KE Holdings Inc. (NYSE: BEKE) on Friday, as the share price of this fund traded up less than 1% in Friday’s session. The fund’s share price has pushed much higher in the past year. ARK Innovation… Continue reading Cathie Wood’s ARK Invest Sells Over 2 Million Shares of KE Holdings

Cathie Wood’s ARK Invest Buys Over 280,000 Shares of Quantum-Si

One of the ARK Invest exchange-traded funds run by ETF star Cathie Wood made a sizable purchase on Tuesday. The fund bought over 280,000 shares of Quantum-Si Inc. (NASDAQ: QSI), as the price of this ETF lost over 2% on the day. Note that this fund is up significantly in the past year. Specifically, ARK… Continue reading Cathie Wood’s ARK Invest Buys Over 280,000 Shares of Quantum-Si