Cathie Wood, chief of Ark Investment Management, often buys her highest-conviction stocks during sharp pullbacks. That’s exactly what she’s doing with Nvidia (NVDA), adding more shares after the semiconductor giant fell more than 6% over Read more…
In his autobiography, Sam Walton: Made In America, Walmart (WMT) founder Sam Walton said that “the more you share profits with your associates — whether it’s in salaries or incentives or bonuses or stock discounts Read more…
Every technology that eventually reshaped ordinary life spent its first years working as a salesman. Sewing machines toured county fairs. Televisions sat in appliance store windows so crowds could gather on the sidewalk. The personal Read more…
FIFA gave its 211 member organizations until mid-September to consider its proposal to “unleash the commercial potential and opportunity” of its flagship tournament by selling stakes in the World Cup to interested investors. But apparently, Read more…
A massive loss of satellite internet subscribers over the last six years has caught up with EchoStar’s Hughes Network Systems, forcing the company to restructure its huge debt obligations, which could lead the company to Read more…
Anyone who has shopped for a new phone, laptop, or VR headset this summer probably noticed something odd. The usual discount that comes with an aging model never showed up. Prices held steady, and in Read more…
Coca-Cola’s glass bottle has become one of the most recognizable pieces of packaging in history. PepsiCo has spent decades trying to create a similar connection with consumers. “Every consumer goods company wants to find a Read more…
Ford Motor Company (F) has failed to attract many Wall Street players for most of the past year. Now one firm has decided to reconsider its stance on it. Jefferies upgraded Ford to buy from Read more…
The S&P 500 has spent much of the year under scrutiny as elevated valuations and signs of overextension fueled expectations of a market correction. After the index broke through 7,000 for the first time and Read more…
For two years, BMW was the German automaker that seemed to have figured it out. While Volkswagen was announcing 35,000 job cuts and Mercedes-Benz was launching its own redundancy program, BMW kept its head down Read more…