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Cathie Wood Disposes Of Her Xpeng Motors Stock Before The March Delivery Report

Cathie Wood Disposes Of Her Xpeng Motors Stock Before The March Delivery Report

NIO and Xpeng Motors, two Chinese EV (electric vehicle) companies, will shortly begin shipping their March deliveries to us. Prior to the delivery report, Cathie Wood of ARK Invest had sold almost all of the Xpeng Motors shares. Earlier this week, the ARK Autonomous Technology & Robotics ETF sold 226,727 shares of XPEV. Wood constantly …

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Price Of Meta Stock Has Dropped By 66%! Opportunity To Purchase?

The price of Meta has dropped. We investigate the causes to see if this presents a buying opportunity for our portfolio. Near the start of this year, we debated purchasing Meta, the parent company of Facebook (NASDAQ: META). We are relieved that we refrained from doing so. Over the past year, Meta stock has decreased …

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Asian Stocks Market Fall As Wall Street Enters A Bear Market

On fears that aggressive U.S. interest rate hikes might force the world’s largest economy into recession, Asian stocks plummeted on Tuesday after Wall Street reached a certified bear market milestone and bond rates touched a two-decade high. The MSCI Asia-Pacific stock index outside of Japan was down 0.9 percent. In early trading, Australia’s S&P/ASX200 (.AXJO) …

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