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Major Buys ARKG bought 147,242 shares of Quantum-SI Inc. (QSI) ARKG bought 60,000 shares of Veracyte Inc. (VCYT) ARKW bought 332,305 shares of Vuzix Corp (VUZI) Major Sells ARKG sold 800 shares of Pluristem Therapeutics (PSTI) ARKW sold 1942 shares of Lending Club Corp. (LC) ARKW sold 59,961 shares of Pagerduty Inc. […]
Major Buys ARKG bought 350,312 shares of Quantum-SI Inc. (QSI) ARKG bought 52,532 shares of Seer Inc. (SEER) ARKW bought 242,938 shares of Kanzhun Ltd. (BZ) ARKW bought 354,128 shares of Vuzix Corp (VUZI) Major Sells ARKQ sold 400 shares of Galileo Acquisition Corp. (GLEO) ARKG sold 20,399 shares of CareDx Inc […]
Robinhood Financial LLC, which has been charged by the U.S. regulator for allegedly misleading customers and lack of supervision, on Wednesday agreed to pay about $70 million to settle the matter, WSJ reported. The online brokerage, which emerged as the darling of investors who used the platform to bet on meme stocks like GameStop Corp. […]
Richard Branson is taking competition to a higher level, literally. The U.K. billionaire’s space company Virgin Galactic Holdings Inc. (SPCE) on Thursday said Branson will be on board a flight that is scheduled for space travel on July 11. If all goes well, Branson’s flight will take off nine days before Jeff Bezos’s scheduled travel […]
Starlink, the satellite broadband service offered by Elon Musk’s rocket company SpaceX, has gained legions of admirers most of whom are employees working from remote locations outside cities during the pandemic. Elon Musk is scheduled to discuss the progress made by Starlink at an event at the Mobile World Congress on Tuesday. If the service […]
Virgin Galactic Holdings Inc. (SPCE), billionaire Richard Branson’s space company, on Friday said it has received regulatory approval to fly customers to space. The Federal Aviation Administration (FAA) updated the company’s current commercial space transportation operator license, giving the company the approval to fly customers. Virgin Galactic said a review of its test flight conducted […]
Shares of Chinese ride-hailing company DiDi Global Inc. (DIDI) fell as much as 8% in premarket trading Friday after China announced a cybersecurity review of the company, according to a CNBC report. According to the communique from Chinese authorities, new users will not be able to register for DiDi’s ride hailing service during the cybersecurity […]
BMO Capital Markets analyst Ambrish Srivastava is bullish about the growing relevance of software to Nvidia’s business model. The analyst raised his price target on Nvidia Corp. (NVDA) shares to $1,000 from $750, the highest among analysts who cover the stock, according to a MarketWatch report. “As we look further out to the company’s data […]
U.S. stock futures traded slightly higher on Friday as the June jobs report came in above expectations. Futures tied to the S&P 500 edged up 0.3%, while contracts linked to the Dow Jones Industrial Average ticked up 0.2% and those tied to the Nasdaq-100 added 0.6%. Stock Upgrades Eli Lilly (LLY) stock price target […]
Electric-car maker Tesla Inc. (TSLA) on Friday said it delivered 201,250 vehicles in the second quarter. The numbers fell short of estimates from FactSet of around 207,000 cars, CNBC reported. Tesla produced 206,421 vehicles in total during the second quarter, which included 204,081 number of its Model 3 and Y, its mid-range cars. Tesla produced […]
Charles Schwab Corp. (SCHW) said it is being investigated by the Securities and Exchange Commission related to the Schwab Intelligent Portfolios digital advisory business. The company said it is cooperating with the SEC in the investigation, MarketWatch reported. Charles Schwab said it expects to book a charge of $200 million in the second quarter. The […]
Chinese electric car start-up Li Auto (LI), which is listed in the U.S., on Friday said it delivered 7,713 units of its only model in the market, the Li One SUV, in the month of June, according to a CNBC report. With the release of June numbers, Li Auto has overtaken its local competitor Xpeng […]
Robinhood Markets has filed for an initial public offering, one of the most anticipated IPOs of this year. However, the documents made public on Thursday contained a startling disclosure: its dependence on dogecoin. Robinhood’s regulatory filing mentioned trading in dogecoin as a “risk factor” for prospective investors ahead of the trading platform’s listing on the […]
Tesla Inc. (TSLA) and SpaceX Chief Executive Elon Musk, an avid Twitter user with a huge fan following, has influenced the prices of cryptocurrencies such as bitcoin with his passing references. While bitcoin has benefited immensely from Musk’s endorsements, some of his adverse remarks have sent the world’s most popular crypto asset tumbling in recent […]
The second quarter is turning out to be an eminently forgettable one for the world’s leading cryptocurrencies, bitcoin and ether. Bitcoin, invented in the aftermath of the 2008-09 financial crisis, shot to fame early this year following endorsements from crypto aficionados like Elon Musk and acceptance from some Wall Street grandees. Musk’s Tesla Inc. (TSLA) […]
