Cathie Wood’s ARK Invest was a poster child for success in 2020.Between the March 2020 “COVID Crash” lows and February 2021, its top exchange-traded fund, ARK Innovation ETF (NYSEARCA: ARKK) gained more than 313%.This made ARKK one of the top-performing ETFs, and thrust ARK honcho Cathie Wood into the spotlight as a top stock picker.
The Snowflake IPO date is finally here.
The stock will begin trading on the NYSE Sept.
It's been one of the most talked-about public offerings of 2020.
The company hopes to raise more than $2.7 billion in its IPO.
And it just lifted its IPO price from the $75 to $85 range to $100 to $110.
Valued at $23 billion, Snowflake is a one-of-a-kind cloud platform.
The company has 100,000 active users and counting.
Some of the biggest names in the world – Sony, Capital One, 2k Games, to name a few – use its services.
Still, many investors are unsettled about whether to buy on the IPO date, wait and see what happens, or avoid it altogether.
The cloud computing industry was worth $266 billion in 2019.
Markets and Markets projects It will be $832 billion by 2025.
212% is a lot of growth five years.
Today, we're going to show you the best cloud stocks to buy as this industry erupts.
There's an old adage that goes, "The bulls climb up the stairs, and the bears fall out the window."
Basically, stocks fall faster than they rise – and that statement has never rung more true.
The Dow was climbing to new highs all year long. And then, Monday, Feb. 24, hit and erased every single one of those gains all in one day.
People are scared – and fear grows like wildfire. As wealth dissipates, fear increases, and a vicious circle ensues…
But there's a way to measure the fear in this market and use it to your advantage – to make money on the free fall.
While investors are moving their money around in a desperate cry for help, smart traders are grabbing cash like it's floating in an arcade's wind booth.
And now, it's your turn.
All you need to know is how to snag "high-probability" profits… Full Story
Expect the Dow Jones today to rise ahead of 2 p.m. as investors anticipate the first interest rate cut by the Federal Reserve in more than a decade. Markets have 100% priced in a rate cut by the Fed.
The Dow Jones today is flat in pre-markets hours after Democrats were swept to victory in Virginia and New Jersey during statewide elections last night.
Dow Jones futures are down nine points as traders are now uncertain over what the elections will mean for Congress, especially as the House gears up for their election in 2018.
The top three stocks to watch today are WTW, ETSY, and TWLO.
With over 300 companies reporting today, earnings are going to be the main driver of the market today.
The markets are at an all-time high, leaving many investors wondering how to profit from a potential market pullback.
Shorting stocks is one of the best strategies to use in a market pullback. This strategy allows you to sell high and buy low and markets drop.
Wall Street is anxiously waiting for Snapchat stock to hit the market.
It could be one of the biggest IPOs of the last three years.