Cathie Wood built a name for herself and her investment firm Ark Invest by racking up some huge gains between 2017 and 2020 in the exchange-traded fund Ark Innovation ETF (ARKK 1.02%). However, since 2020 the ETF’s performance has been much more volatile, including a 67% decline in 2022 followed by a nearly 68% gain in 2023. This year the fund is trading down more than 10% despite the strong performance by the broader market. Looking to help turn around her ETF’s performance around this month, Wood has made some adjustments to her portfolio in recent months. One adjustment was…
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The Mercedes-AMG GLS 63, despite its impressive performance and luxurious features, often takes a backseat to its smaller sibling, the GLE 63. While both SUVs share the same platform and powertrain, the GLE 63’s slightly smaller size and lower price tag make it a more appealing option for some deep-pocketed car enthusiasts. Despite their similarities, the GLE 63 offers a significant advantage in terms of acceleration. Thanks to its lighter weight, it can sprint from 0 to 60 mph in just 3.7 seconds, while the GLS 63 takes a slightly longer 4.1 seconds. Both SUVs are powered by the same…
By David Alire Garcia MEXICO CITY (Reuters) – An Argentine claim that European contact brought civilization to the Americas has provoked rebukes from across Latin America, where heated debates often flare up over the era’s contested historical legacy. Commemorating Christopher Columbus’ landing in the Americas on Oct. 12, 1492, the office of Argentina’s libertarian President Javier Milei posted on social media on Saturday that the Italian explorer’s arrival introduced enlightenment to the region. “It marked the beginning of civilization in the American continent,” the post boasted, accompanied by a slick video set to triumphant music that elaborated on the claim.…
The Chevrolet Chevelle, a mid-sized muscle car that debuted in 1964, quickly gained popularity among American drivers. Its stylish design, coupled with its powerful engines, made it a desirable option for those seeking performance and comfort. The Chevelle’s success was further bolstered by its affordability compared to larger and more expensive muscle cars like the Chevrolet Impala. By 1966, the Chevelle had undergone a significant redesign, featuring a more aggressive stance and additional options like dual exhaust and cruise control. These enhancements further solidified the Chevelle’s position as a desirable muscle car. The Super Sport (SS) variant, known for its…
Everyone knows megacap stocks like Apple, Microsoft, and Nvidia. But what about the little guys? Small-cap stocks — companies with a market cap of between $250 million and $2 billion — can be a valuable addition to many portfolios. After all, these smaller companies sometimes catch fire and produce outsized returns.With that in mind, let’s take a closer look at three small-cap stocks worthy of further consideration for investors looking to put $1,000 to work: Innodata (NASDAQ: INOD), Amplitude (NASDAQ: AMPL), and SoundHound AI (NASDAQ: SOUN).Image source: Getty Images.An AI-driven surge could transform this software companyWill Healy (Innodata): Innodata is…
A 1993 Chevrolet Camaro Z/28, seemingly untouched by time, has been making headlines for its unusual sales history. Despite its pristine condition with under 100 miles on the odometer, the car has been sold multiple times, never staying long with a single owner. The mystery behind its frequent turnover lies in the car’s unique history. The protective plastic foil still covers the steering wheel, a testament to the owners’ reluctance to even touch the car. The original window sticker, detailing its price and features, remains in place as if the car was purchased yesterday. Pristine 1993 Chevrolet Camaro Z/28 with…
Image source: Getty Images As a committed Fool, I try to only buy stocks that I’d want to own for years. Even so, I can’t deny the attraction of snapping them up just before they go ex-dividend and securing some lovely passive income from the off. Here are three that I’m currently thinking of adding to my portfolio very soon. On my (income) radar An increasingly unstable Middle East and the ongoing, dreadful conflict between Ukraine and Russia has led to an earnings purple patch for passive income powerhouse BAE Systems (LSE: BAE). Looked at purely from an investment perspective,…
Late last year, Warren Buffett’s holding company, Berkshire Hathaway, started buying up shares of a mysterious company. No one knew the company in question because Berkshire had requested an exemption from the SEC that allowed it to skirt disclosure rules. But in early 2024, the mystery stock was revealed as Chubb (NYSE: CB).Here’s the strange part: Chubb runs a business model very similar to Berkshire’s. It was strange that Buffett would opt to buy shares of a close competitor instead of simply repurchasing Berkshire stock directly. Might Buffett believe that Chubb could become the next Berkshire — signaling a huge growth…
While many luxury car manufacturers have already transition to electric vehicles, Ferrari has remained steadfast in its commitment to internal combustion engines. However, the iconic Italian automaker is finally set to embrace the electric era with its first-ever EV. Although the official name remains a mystery, prototypes of this groundbreaking model have been spotted undergoing rigorous testing. These sightings have naturally sparked a flurry of speculation and unofficial renderings, some of which are more accurate than others. One such rendering, created by the talented pixel artist Kelsonik, has garnered significant attention. Inspired by recent spy shots, this digital illustration offers…
By Aditya Kalra and Aditi Shah NEW DELHI (Reuters) – Indian billionaire Mukesh Ambani’s Reliance has privately argued that the telecom regulator incorrectly concluded that home satellite broadband spectrum should be allocated by New Delhi and not auctioned, intensifying a face-off with Elon Musk’s Starlink. How spectrum for satellite services in India will be given out has been a contentious issue since last year. Musk’s Starlink and its global peers like Amazon (NASDAQ:)’s Project Kuiper back an administrative allocation, while Ambani – Asia’s wealthiest man who runs India’s Reliance Jio – is arguing for an auction process. The current dispute…