In The News

7.14.2021

Ark Invest's Cathie Wood warns of a valuation reset in Chinese stocks amid crackdown by Beijing - CNBC

"Ark Invest's Cathie Wood is warning investors that major Chinese companies are losing value amid an anti-monopoly and data security crackdown by Beijing."

 

Moderna's Next Act Is Using mRNA vs. Flu, Zika, HIV, and Cancer - Bloomberg

"The biotech is closing in on a $100 billion market cap. But after Covid, the challenges get even bigger."

 

Bigger Tech: Apple, Microsoft, and Alphabet All Hit New Highs - Barron's

"Investors continue to show utter disinterest in the hand-wringing of regulators, prosecutors, and legislators about the power of giant tech companies."

 

Volkswagen Looks Beyond Car Ownership, Even as It Surges - WSJ

"The parallel is with smartphones: Apple gets much of its growth from selling services through its iPhones rather than the devices themselves. As cars become connected to the internet and updatable, in-vehicle services seem likely to proliferate. If cars become autonomous, freeing drivers to be passengers and even undermining current dominant model of car ownership, demand for services could skyrocket."

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