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Cathie Wood Further Sells $38M In DocuSign Despite Being Bullish, Adds $41M In Bitcoin Play Coinbase
Wednesday, June 9, 2021 - 11:57pm | 516Cathie Wood-led Ark Investment Management on Wednesday diluted its stake in DocuSign Inc (NASDAQ: DOCU) for the third straight session after boosting confidence in the e-signature company's ability of continuing to draw customers post-pandemic. Shares of the San Francisco, California-based...
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Cathie Wood Sells Snapchat, DocuSign For Second Straight Day, Buys Spotify
Wednesday, June 9, 2021 - 1:11am | 597Cathie Wood-led Ark Investment Management on Monday booked profit in DocuSign Inc (NASDAQ: DOCU) for a second straight day, after boosting confidence in the e-signature company's ability to draw more customers. Ark Invest sold 46,938 shares, estimated to be worth about $11.37 million...
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Ark Invest On DocuSign Says Confident Pandemic-Induced Transition To e-Agreements 'Not A Temporary Shift'
Monday, June 7, 2021 - 1:01am | 343Cathie Wood-led Ark Investment Management believes the e-signature company DocuSign Inc (NASDAQ: DOCU) could continue pulling more customers beyond the COVID-induced transition to online electronic agreements. What Happened: The San Francisco, California-based company’s shares jumped 19% on...
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Cathie Wood Buys $10.5M In Google, Loads Up Another $31.6M In Zoom
Friday, June 4, 2021 - 12:46am | 541Cathie Wood-led Ark Investment Management on Thursday bought 4,496 shares, estimated to be worth about $10.55 million, in Google parent Alphabet Inc (NASDAQ: GOOGL) (NASDAQ: GOOG) on the dip. Alphabet Class A shares closed 0.97% lower at $2,347.58 and Class C shares closed 0.69%...
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Cathie Wood Loads Up $27.4M In Okta On Dip, Also Adds Zoom
Thursday, May 27, 2021 - 11:21pm | 457Cathie Wood-led Ark Investment Management bought 123,385 shares, estimated to be worth about $27.44 million, in Okta Inc (NASDAQ: OKTA) on Thursday. Okta shares closed 10% lower at $222.40 on the day after the San Francisco-headquartered identity management company’s “solid but noisy...
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'House Of Pain' Made Up Of Stocks Like Tesla, Zoom 'Falling Apart,' Says Cramer
Tuesday, April 20, 2021 - 2:11am | 570Jim Cramer said Monday that the stock market is divided between houses of pleasure and pain, one made up of traditional stocks and the other made up of stocks favored by younger investors, CNBC reported. What Happened: The “Mad Money” host said that the “house of pleasure has...
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Deja Vu: Markets Get Big Vaccine News Boost To Start The Week
Monday, November 16, 2020 - 9:57am | 419Stocks are surging higher Monday morning in a case of déjà vu to last Monday. What Happened: Phase 3 results for Moderna Inc’s (NASDAQ: MRNA) COVID-19 vaccine were reported with the results showing a 94% efficacy rate. The mRNA-1273 vaccine from Moderna requires...
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Microsoft Teams Adds 475% Daily Active Users In About A Year
Wednesday, October 28, 2020 - 12:55am | 538Microsoft Corporation’s (NASDAQ: MSFT) workplace collaboration software, called "Teams," has 115 million daily active users (DAUs) as of 2021 first quarter's end, CEO Satya Nadella revealed in an earnings call Tuesday, as earlier reported by GeekWire. What Happened:...
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Why is Logitech Rallying After Earnings
Tuesday, October 20, 2020 - 8:19am | 394Logitech International SA (NASDAQ: LOGI) beat top and bottom-line expectations in the fiscal second quarter of 2021, Monday overnight. President and CEO Bracken Darrell believes that the adoption of remote work culture coupled with the booming esports markets will be crucial factors that could...
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Zoomtopia 2020: Zoom Video Unveils Zapps, New Features To Take On Microsoft, Google
Wednesday, October 14, 2020 - 5:24pm | 577Zoom Video kicked off its Zoomtopia two-day event Wednesday with the announcement of several new features for its massively growing platform. Zoom Announces Zapps: One of the biggest announcements from Zoom Video Communications (NASDAQ: ZM): the ability to have apps directly in video meetings....
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Fastly Plummets 30% On Lowered Guidance, Poor TikTok Results
Wednesday, October 14, 2020 - 4:51pm | 342Shares of cloud platform provider Fastly are down significantly after-hours due to lower revenue expected from its top client TikTok. What Happened: Fastly (NYSE: FSLY) announced preliminary revenue results for its third quarter. The company had to file a resale registration statement due to its...
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3 Tech Stocks Trading At A Discount To Analyst Estimates
Monday, October 12, 2020 - 5:16am | 805The coronavirus has decimated companies across multiple sectors including airlines, energy, hospitality, and retail. At the same time, the pandemic has acted as a tailwind for tech companies, driving stocks in this sector to record highs. The broader markets entered bear market territory...
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Takeaways From 6 Zoom Video Analysts On Work-From-Home Stock's Big Q2 Beat
Tuesday, September 1, 2020 - 11:15am | 692Zoom Video Communications (NASDAQ: ZM) reported a blowout second quarter Monday that saw revenue up 355%. The company’s customer base grew by 458% to 370,200. Here's what the Street has to say. The Zoom Analysts: BTIG analyst Matt VanVliet upgraded Zoom from Neutral to Buy and added...