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How Tesla Could Use Its $2B In Offering Cash: A Cybertruck Plant, China, Debt Payoff
Friday, February 14, 2020 - 11:21am | 788Read More...On Friday, Tesla Inc (NASDAQ: TSLA) priced its surprise $2-billion equity offering at $767 per share, a 4.6% discount to Thursday’s closing price. Tesla will sell 2.65 million shares of stock, and CEO Elon Musk will buy $10 million in stock himself. Now that the offering has been priced,...
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Pro: Why Apple's Stock Is Undervalued
Friday, November 30, 2018 - 12:09pm | 408Read More...With the stock down more than 15 percent over the past month alone, Apple Inc. (NASDAQ: AAPL) could be seen as being in a "period of undervaluation," ARK Investment Management CEO Cathie Wood told Bloomberg TV. What Happened Wall Street analysts are wrongly focusing their attention...
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Facebook's Valuation Exceeds Exxon's: This Investment Pro Is OK With That Metric
Tuesday, August 2, 2016 - 11:28am | 383Read More...Facebook Inc (NASDAQ: FB) has seen its stock rise more than 18 percent since the start of 2016 and recently hit an all-time high of $128.33 after the company reported its second-quarter results. As a result, the social media's empire market capitalization has surged to around $355 billion now and...
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Wood: iPhone Installment Plans, Apple Watch Could Catch Investors By Surprise
Tuesday, January 26, 2016 - 3:15pm | 393Read More...Some investors are forgetting Apple Inc. (NASDAQ: AAPL) could still surprise in its earnings report, set to be released Tuesday after the bell. According to ARK Invest CEO Cathie Wood, installment plans may give iPhone sales additional growth. "Accelerating the sales cycle could be quite...
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Netflix's Biggest Surprise In Q2: Subscriber Growth In U.S. 50% Above Expectations
Thursday, July 16, 2015 - 7:42am | 382Read More...Netflix, Inc. (NASDAQ: NFLX) reported impressive second quarter numbers on Wednesday afternoon, with subscribers base reaching an all-time high and surpassing the 65 million mark. Cathie Wood, CEO & CIO of ARK Invest, was on CNBC to weigh in on Netflix's earnings. Tipping Point...
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How Apple Could Help Tesla By Building A Car
Friday, May 15, 2015 - 1:43pm | 617Read More...Apple Inc. (NASDAQ: AAPL) has yet to reveal its roadmap for automobiles, which might be limited to the dashboard but could involve the production of an entirely new car. If Apple moves in this direction, it could help the leading manufacturer of electric vehicles. "I think [Apple would...
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3 Ways Apple And Tesla Are Actually Alike
Friday, February 13, 2015 - 10:56am | 677Read More...Tesla Motors Inc (NASDAQ: TSLA) is often compared to Apple Inc. (NASDAQ: AAPL), but do the two firms really have anything in common? Cathie Wood, founder and CIO of ARK Investment Management, recently shared a few ways in which the two companies are actually alike. Their Stocks Were Undervalued...
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Will Tesla Get More Specific About The Model X's Release Date?
Wednesday, February 11, 2015 - 2:50pm | 580Read More...Tesla Motors Inc (NASDAQ: TSLA) is only hours away from releasing its fourth quarter results. In addition to the actual earnings numbers, Cathie Wood, founder and CIO of ARK Investment Management, expects investors to look for an update regarding the Model X's launch date. "How delayed...
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Twitter: The Next Big Financial Services Company?
Tuesday, February 10, 2015 - 8:29am | 522Read More...Twitter Inc (NYSE: TWTR) has risen more than 30 percent this year as investors recognize the company's improving results. Cathie Wood, founder and CIO of ARK Investment Management, thinks it is just the beginning. "In the last quarter, the sales surprised on maybe five percent on the...
