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Cathie Wood’s Ark Invest sees Tesla stock hitting as much as $5,000 by 2031 in its bull case, more than 13 times where it trades today. 🤯
Even Ark's bear case of $3,300 would be roughly nine times the stock's current price of around $366.
Cathie Wood’s Ark Invest sees $TSLA hitting $5,000 by 2031.
That would be more than 13 times the stock’s current price of around $366.
Read more: yhoo.it/3VVp1SI
Anthropic’s new planned 5% public-benefit allocation would be one of the largest philanthropic capital raises ever.
"That's more than the Gates foundation ever raised, and is enough money to run NASA for four years straight," @cryptopunk7213 explains. 🎙️
Watch the full episode now on YouTube: piped.video/-4_ePpZeeM8?si=aua9…
Jensen Huang wants his investments to turn to gold in Germany. 😂 🇩🇪
The Nvidia CEO was joking with German Chancellor Friedrich Merz after Merz announced the country is "open to investment" in AI infrastructure on October 19.
$GM beat on earnings, but the outlook let investors down. 😔
It expects adjusted earnings of about $13.25 per share this year, below Wall Street’s $13.41 estimate.
The "optimal" U.S. road trip is back, and the gas budget is about $1,000 higher than it was when Randal Olson created the original map in 2015.
His new site maps out the fastest route to the top landmark in every lower-48 state and D.C. It adds up to 49 stops, nearly 14,000 miles and about 224 hours behind the wheel.
At today’s $4.29 national average, gas alone would run about $2,350. That excludes hotels, food and ferries.
Read more: yhoo.it/4sekc2J
United Airlines CEO Scott Kirby told the New York Times, "We have to charge enough that it covers the cost of flying, and it’s expensive to fly airplanes."
Black Monday turns 39 today, and a modern echo of its selling spiral is near record size.
In 1987, portfolio insurance had investors selling as prices fell, but too many did it at once.
Today, leveraged ETFs generally have to do something similar to hit their targets, selling after losses and buying after gains.
Read more: yhoo.it/4eH6Eat
US bank stocks have fallen for six straight weeks, their longest run of weekly declines since the 2008 financial crisis.
That’s happening even though $JPM, $BAC, $C, and $WFC just showed their customers are holding up despite high borrowing costs.
Crypto vaults, which pool money to earn yield through lending, now hold more than $10 billion, and regulators are starting to ask questions.
@scottmelker breaks it down 👇
Almost two years after their $24.6 billion merger was blocked, Albertsons is seeking more than $8 billion from Kroger at trial.
Albertsons says Kroger broke its promise to win regulatory approval.
Kroger says regulators and the courts killed the deal.
Read more: yhoo.it/47p4rN5
Is the Fed about to pull the car over? 🚗
On Market Hang, @thewallstskinny, @juleshyman, @CoryTV, and Mark Malek debated whether a Fed chair who “has said very explicitly inflation is a choice” can back that up, when so much of today’s inflation comes from things the Fed can’t control: AI spending, tariffs, and high fuel prices.
Malek compared the Fed’s silence to their dad threatening to pull the car over on family drives.
“Did he ever actually pull the car over? But, you know, it quieted us down for a few minutes,” Malek said.
Weight Watchers' Former CEO @mindygrossman was on a mission with Oprah to help transform people's lives.
"It was very personal to me," Grossman tells @BrianSozzi.
Watch the full interview: finance.yahoo.com/video/one-…
Elon Musk wants to give SpaceX stock to every kid in America. @juleshyman sees a problem.
Musk posted Monday that next year he’ll give one of his SpaceX shares to every kid in America, adding, “This will be the first of many.”
On today's Market Hang, Julie said putting money into index funds for kids is one thing, but “when you start donating specific companies, you run into some real conflict of interest problems.”