The Street

By Dan Weil ‘We have a five-year horizon. I’ve never seen innovation on sale like it is today,’ said Wood, CEO of Ark Investment Management. Cathie Wood, CEO of Ark Investment Management, said Tuesday that she can feel her investors’ pain but things wi…

By Rob Daniel DNEG, the Academy Award winner for visual special effects in films like “Tenet” and “Blade Runner 2049,” is going public in a SPAC merger. DNEG, the Academy Award winner for visual special effects in films like “Tenet” and “Blade Runner 2…

By Tony Owusu Sports bettors have a ton of promotional offers as gaming platforms battle for control of the New York market. Sports betting is finally legal in New York. New York, The Empire State, became one of the 30, along with the District of Colum…

By Doug Kass “When it is time to buy stocks, you won’t want to.” \- Walter Deemer “Buy to the sound of cannons, sell to the sound of trumpets.” \- Nathan Mayer Rothschild “Price has a way of changing sentiment.” \- The Divine Ms M (Helene Meisler) Equi…

By Luc Olinga New leaked prototype images show there’s at least one Cybertruck but Tesla still has not shared a production date. Elon Musk likes to play cat and mouse. While press articles report delays and postponements in the production date of the h…

By M. Corey Goldman Verizon posts stronger-than-expected fourth-quarter earnings and gives an optimistic forecast for 2022 on strong demand for its wireless services, particularly 5G. Verizon Communications (VZ) – Get Verizon Communications Inc. Report…

By Dan Weil Bill Nygren says Netflix is ‘very cheap,’ trading at less than 25 times expected earnings and about five times revenue. Video-content titan Netflix (NFLX) – Get Netflix, Inc. Report has seen its stock slide 36% so far this year, after annou…

By TheStreet Staff What Is EBITDA?EBITDA is the acronym for earnings before interest, taxes, depreciation, and amortization. As its name implies, it is income before interest expenses, tax payments and costs for depreciation, and amortization are deduc…

By Rob Lenihan Gucci continues to embrace the metaverse as it announces Vault, ‘where the past, present and future co-exist.’ Gucci (PPRUF) is opening up the vault. The iconic Italian luxury brand recently announced the launch on discord, a digital dis…

By Brian O’Connell Some are beginning to wonder whether chips have already peaked. The benchmark PHLX Index started the week at 3,434 this week before Monday’s wild session, which saw it end up 1.3%. As of the end of trading Friday, the index had lost …