Text size Cathie Wood focuses on high-growth stocks. Lauren Justice/Bloomberg High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia , the group said in a statement. ARK snapped up about $35 million worth of Shopify shares. The stock has …
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Text size Oppenheimer expects Nvidia to forecast 9% growth in data-center revenue for its first fiscal quarter from the prior year. Courtesy of NVIDIA Nvidia should be insulated from any slowdown in the broader economy by increased spending on artificial intelligence, said analysts at Oppenheimer and KeyBanc, who lifted their …
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Text size DraftKings raised its forecast for fiscal 2023. Gabby Jones/Bloomberg Stock futures pointed to another day of losses Friday after equities slumped during the previous session on fears that higher inflation will keep the Federal Reserve aggressive in its campaign to tame rising prices. These stocks were poised to make …
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WILMINGTON, Del. — Hosts at Fox News had serious concerns about allegations of voter fraud in the 2020 presidential election being made by guests who were allies of former President Donald Trump, according to court filings in a $1.6 billion defamation lawsuit against the network. “Sidney Powell is lying,” about …
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Shopify Inc. shares suffered one of their worst days on record Thursday, after financial results failed to provide much clarity about the road ahead in 2023. Shopify SHOP, -15.88%, which acts as the bones of many e-commerce websites and operations, disappointed with first-quarter guidance in an earnings report Wednesday afternoon …
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