Browsing: Cathie Wood

It’s not every day that Cathie Wood labels a stock market darling of the innovation economy too expensive.

Cathie Wood’s Ark Investment Management now expects Tesla shares to more than quadruple to $4 600 by 2026.

International investors are feeling bruised and uncertain as days of heavy selling hammered China’s top technology stocks that began to seep into currency and debt markets.

The more Elon Musk blends payment U-turns, social media memes and stand-up comedy, the harder it will be to detect where the future of money ends and the “hustle” begins. Which might be the whole point.

Tesla surged nearly 20% on Tuesday, rebounding from a deep selloff with its largest daily gain in a year after data showed an increase in China sales and an analyst raised his rating on the stock.