There never seems to be a bad time for Cathie Wood to reshape her portfolios. The founder, CEO, and main stock-picker for the Ark Invest family of exchange-traded funds has been busy adding to some of her positions this week. She has also been pruning some of her holdings, but let’s talk about the buys. […]
Warren Buffett.AP Images Warren Buffett’s Berkshire Hathaway recently bought the final 20% of Pilot Travel Centers. The truck-stop chain ranks among America’s biggest companies in terms of revenue and headcount. Pilot made $55 billion in nine months in 2022, more than Nike or Netflix’s annual revenue that year. Warren Buffett’s company recently bought out a business […]
Great businesses across a myriad of industries, including healthcare to tech, are shaping the future of the economy and changing the way people will live five, 10, or 20 years from now. As an investor, you can snag a piece of the action in these businesses and benefit from their growth trajectory through the decades. […]
(Reuters) – Alibaba co-founder Jack Ma and Chairman Joe Tsai bought millions worth of shares in the Chinese e-commerce giant in the fourth quarter, the New York Times reported on Tuesday, sending the company’s U.S.-listed shares up around 7%. Ma bought $50 million worth of Hong Kong-traded stock, the report said, citing a person with […]
Call it a COVID-life crisis, but way back in February 2021 I finally caved and bought myself an air fryer for my birthday. While everyone else was fixated on baking bread, I was determined to find out what was so amazing about the countertop appliance that practically dethroned the Instant Pot as a No. 1 […]
An autopsy confirmed a human head and hands were found inside a freezer at a newly bought home in western Colorado, but investigators said further testing is required to help establish the identity of the victim. “These types of tests take a significant amount of time,” the Mesa County Sheriff’s Office said in a statement […]
An autopsy confirmed a human head and hands were found inside a freezer at a newly bought home in western Colorado, but investigators said further testing is required to help establish the identity of the victim. “These types of tests take a significant amount of time,” the Mesa County Sheriff’s Office said in a statement […]
The Victorian dress in the Maine antique mall was unlike anything Sara Rivers Cofield had seen before. Its fitted bodice, puffy bustle and lace cuffs reflected a bygone era. As a vintage costume collector, Rivers Cofield recognized it as a dress from the 1880s — but despite its age, its delicate embroidery, bronze silk and […]
Booming interest in artificial intelligence (AI) helped fuel the Nasdaq Composite‘s 43% return in 2023. While use cases for AI continue to explode, one company in particular is front and center in the action. Semiconductor giant Nvidia produces some of the most cutting-edge graphics processing units (GPUs) on the market — chips that are used […]
CRISPR Therapeutics (NASDAQ: CRSP) has put itself on the map of the healthcare industry as a serious player in gene editing. Now that it has an approved treatment in Casgevy, there’s undoubtedly going to be more of a spotlight on the company. Gene-therapy treatments are growing in popularity, and for a larger healthcare company that […]
Artificial intelligence (AI) stocks were the place to be in 2023. Investors earned significant gains in leading AI names like Nvidia, Microsoft, and Amazon. Those companies are generating most of their AI-related revenue from the data center and the cloud, which is where businesses are developing, training, and deploying their latest AI applications. However, not […]
After a tough 2022, Cathie Wood’s investment in innovation paid off last year. The superstar investor’s flagship Ark Innovation soared 67%, well surpassing the gains of the S&P 500 index. This is great, but Wood counts on taking her bets many steps further — she expects stocks in Ark Innovation and her other funds to […]