Expert Idea

Entertainment giant Walt Disney Co. (NYSE:DIS) does not inspire enough confidence in a bullish analyst to continue recommending the stock at this juncture. The Disney Analyst: KeyBanc Capital Markets analyst Brandon Nispel downgraded the stock from Overweight to Sector Weight. The Disney Thesis:...

Cathie Wood's Ark Invest is a big believer in Tesla, Inc's (NASDAQ:TSLA) AI potential. On Friday, the money manager weighed in on one of the electric vehicle maker's AI-driven opportunities. What Happened: Ark Invest analyst Frank Downing tweeted that Tesla's AI training capacity will likely grow...

Shares of Richard Branson-owned space tourism company Virgin Galactic Holdings, Inc. (NYSE:SPCE) fell sharply in premarket trading on Friday. The company filed with the SEC a prospectus for an at-the-market common stock offering, which will allow it to sell $400 million worth of shares over time....

In a big quarter-end push, Tesla, Inc. (NASDAQ:TSLA) offered discounts on new inventory Model S, X vehicles. An analyst shared his thoughts on this pricing strategy. What Happened: Inventory discounts on existing Model S, X vehicles, which account for roughly 4% of Tesla's total volume, will...

CNBC “Mad Money” host Jim Cramer weighed in on the Chinese economy and offered a bleak outlook for the U.S. market in the first session after the Federal Reserve's June rate-setting meeting. Cramer's China Take: Cramer offered his take on a monetary policy action...

Apple, Inc.'s (NASDAQ:AAPL) Vision Pro launch did not cut ice with investors, primarily due to the pricier nature of the product. The company could soon roll out a more affordable version, according to Bloomberg columnist Mark Gurman. Scope For Price Cuts: Apple is already working on a cheaper...

Cathie Wood-run Ark Invest loaded up shares in Jack Dorsey-run Block, Inc. (NYSE:SQ) on Wednesday, daily trade disclosure from the firm showed. Ark, through its flagship Ark Innovation ETF (NYSE:ARKK), and Ark Next Generation Internet ETF (NYSE:ARKW), and Ark Fintech Innovation ETF (NYSE:ARKF),...

Coinbase Global, Inc. (NYSE:COIN) shares shed 12% on Tuesday after the SEC filed a broad-based lawsuit against the cryptocurrency exchange, alleging that many parts of its business violate securities laws. What Happened: CNBC "Mad Money" host Jim Cramer on Wednesday took to Twitter to offer his...

The CBOE Volatility Index, popularly known as the VIX, settled below the 14 mark for the first time in more than three years. What Happened: The VIX is one of the most commonly used measures of market sentiment and it is often used by traders as a tool for assessing risk. The VIX tracks the S&P...

Former Treasury Secretary Larry Summers took to Twitter on Tuesday to express his worst fears concerning the economy. He lamented the bloating fiscal deficit. What Happened: “For all of the post-financial crisis/pre-pandemic period, I feared secular stagnation and opposed fiscal alarmism,...

The weekend belonged to the ratification of the budget bill after months of bickering and this is expected to bring much-needed calm to the financial markets. OPEC+, the oil cartel that controls much of the global crude supplies, also took the spotlight during the weekend that went past. Here...

OPEC+ on Sunday announced that it will limit combined oil production to 40.463 million barrels per day in 2024, with voluntary cuts announced by some of the members that were set to expire by 2023 extended to 2024. Saudi Arabia said it would implement an additional 1 million barrel per day cut for...

Apple, Inc.'s (NASDAQ:AAPL) mixed-reality headset is widely expected to launch on the first day of the company's annual Worldwide Developers Conference, which kickstarts on Monday and will run through Friday. The Agenda: The WWDC 2023, which has been promoted with the tagline "Code new worlds,"...

Shares of C3.ai, Inc. (NYSE:AI) fell over 21% in premarket trading on Thursday as investors took exception to the company's conservative forward guidance. Notwithstanding the stock reaction, an analyst at Wedbush upgraded the shares of the company. The c3.ai Analyst: Daniel Ives upgraded the shares...

Despite Nvidia Corp.’s (NASDAQ:NVDA) impressive AI prospects that have garnered widespread attention from investors and analysts, Ark Investment Management founder Cathie Wood remains unconvinced. Is Nvidia Overvalued? Wood took to Twitter on Monday to...