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 …
Read More »HubSpot Pops On Earnings Beat, Web Marketing Software Maker’s Guidance
HubSpot earnings and revenue for the December quarter handily beat analyst estimates while the company’s outlook also came in above expectations. HUBS stock soared on the news. X Cambridge, Mass.-based HubSpot (HUBS) reported Q4 earnings after the market close on Thursday. Adjusted Q4 earnings came in at $1.11 a share, …
Read More »DraftKings, DoorDash, Moderna, Deere, AutoNation, and More Stock Market Movers
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 …
Read More »Shopify stock suffers one of its worst days yet as Wall Street wonders what is to come
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 …
Read More »Tesla recalling 363K cars with self-driving beta software due to ‘crash risk’
Tesla is recalling about 363,000 cars equipped with the beta version of its Full Self-Driving technology due to a crash risk, the federal government announced on Thursday. The National Highway Traffic Safety Administration said the software enables the vehicle to “exceed speed limits or travel through intersections in an unlawful …
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