ARK Innovation ETF Increases Stake in Tesla
Cathie Wood's highly regarded flagship ETF, ARK Innovation (ARKK), has taken a surprising turn by increasing its stake in Tesla Inc. (TSLA). On Wednesday, they acquired 93,965 shares of Tesla,…
Carnival Corp. Reports Strong Q4 Results and Positive Outlook
Shares of Carnival Corp. (CCL) surged 1.8% in premarket trading Thursday, following the cruise operator's impressive fiscal fourth-quarter results and optimistic full-year profitability outlook. Q4 Performance: Net losses for the…
Federal Judge Questions Motivation Behind Transgender Health-Care Ban in Florida
TALLAHASSEE, Fla. — In a recent hearing regarding a challenge to Florida's transgender health-care ban for minors and restrictions for adults, a federal judge raised doubts about the motivations behind…
Stock Market Update
With the opening of the U.S. stock markets just two hours away, several companies have already seen significant gains in pre-market trading. Karuna Therapeutics Inc. (KRTX) is up 49.8%, while…
Nike’s Disappointing Sales Outlook
Nike's fiscal second-quarter earnings report brings disappointing news for the footwear industry as a whole. While Nike's results beat expectations, investors are concerned about its warning of softening sales in…
Consumer Prices Dip for the First Time in Over Three Years
Consumer prices, as measured by the personal-consumption expenditures price index, have experienced a rare decline, marking the first decrease in more than three years. However, it's important not to get…
Stocks Keep Soaring: It’s Not Too Late to Enter the Market
The stock market continues to experience remarkable growth, and there is still an opportunity to get in on the action. Despite its impressive performance, investors should take note of the…
The Impact of Inflation in Colombia
It is no secret that inflation poses significant challenges for visitors in Colombia. While the country's inflation rate of slightly over 10% per year may not be deemed as alarming…
SoftBank Receives $7.6 Billion in T-Mobile Shares
SoftBank Group shares are experiencing a surge following the announcement that the company will be receiving $7.6 billion worth of T-Mobile shares as part of a contingent payout. This payout…
Plug Power Installs Hydrogen Fuel System at Amazon Fulfillment Center
Plug Power, the leading provider of hydrogen fuel cell solutions, has successfully installed its first system at an Amazon.com fulfillment center in Aurora, Colo. The system includes an electrolyzer that…
Outlook for Retail Stocks in 2024
While many households continue to embrace the holiday spirit, the financial world is already looking ahead to the new year. The future of retail stocks remains uncertain, with analysts grappling…
General Motors sues San Francisco over unfair taxes
General Motors, the Detroit-based auto maker, has filed a lawsuit against the city of San Francisco, claiming that it has been unfairly taxed $108 million over the span of seven…