Omer Taha Cetin | Anadolu | Getty ImagesA major thesis around bitcoin ETFs was that financial advisors needed regulated funds like them to direct their wealthy clients to invest in bitcoin.Almost six months after the launch of those ETFs, there are few signs that advisors are clamoring for the funds. Many remain...
Category: Investing
Now you can invest in Elon Musk’s xAI through Cathie Wood’s ARK Venture Fund
Catherine Wood, chief executive officer of ARK Investment Management LLC, speaks during the Bitcoin 2022 conference in Miami, Florida, U.S., on Thursday, April 7, 2022.Eva Marie Uzcategui | Bloomberg | Getty ImagesCathie Wood's ARK Invest has taken a stake in Elon Musk's startup xAI as she deepens her big bet...
Op-ed: How activist investors are deactivating with proxy battle losses
Jeffrey Sonnenfeld, Yale School of ManagementScott Mlyn | CNBCAs this year's proxy season draws to a close, defeat after defeat for activist investors in proxy fights this year – most prominently at Disney and Norfolk Southern – raises the question: Are activist investors increasingly getting de-activated, losing their credibility and...
Top Wall Street analysts like these 3 dividend stocks for high yields
A favorable consumer price index report for April lifted investors' hopes for rate cuts from the Federal Reserve – and that environment could prove favorable for dividend-paying stocks.A lower interest rate environment makes dividend payers more compelling to income investors, especially because those stocks would be offering competitive yields versus...
Stanley Druckenmiller cut his Nvidia stake in late March, says AI may be a bit overhyped short term
Billionaire investor Stanley Druckenmiller revealed Tuesday that he slashed his big bet in chipmaker Nvidia earlier this year, saying the swift artificial intelligence boom could be overdone in the short run."We did cut that and a lot of other positions in late March. I just need a break. We've had a...