As Elon Musk Completes Massive Sale Of Shares...Tesla (TSLA) Chief Executive Elon Musk has defied big odds and consistently beat expectations since taking the helm of the electric-vehicle manufacturer in 2008. Now, with Musk having sold billions Musk is selling a 10% ownership stake in the electric car company, a process that caused Tesla stock to fall but is just about finished. Musk recently said that he'd sold "enough stock" to reach his goal. "There are still a few tranches left, but almost done," he tweetedMusk sold more than 934,000 Tesla shares, valued at around $928.6 million, to cover tax withholdings, according to regulatory filings. He also exercised more than 2.1 million Tesla stock options. His Tesla stock holdings now top 177 million shares.The stock sale began after Tesla re

Equities with the disruptive growth label are sagging this year, disappointing investors who flocked to the nascent investment style as it was flourishing.Predictably, next-generation growth stocks are drawing sour tones and bearish commentary from analysts. That happens when stocks falter. However, disruptive growth as a style is itself enduring ample criticism, some of it directed toward exchange traded funds such as the ARK Innovation ETF (NYSEArca: ARKK).ARKK critics are out in force this year, far outnumbering the chorus that praised the actively managed ETF when it was soaring in 2020. It's easy to kick a fund when it's down, and ARKK's concentration is a point of contention, but that strategy could reward investors when innovative growth stocks rebound.“Historically and according to

Highlight-Point :An Exchange Traded Fund : is a basket of securities that holds multiple underlying assets rather than only one like a stock does.Type of Popular ETFs

An exchange traded fund (ETF) is a type of security that tracks an index, sector, commodity, or other asset, but which can be purchased or sold on a stock exchange the same way a regular stock can. An ETF can be structured to track anything from the price of an individual commodity to a large and diverse collection of securities. ETFs can even be structured to track specific investment strategies.A well-known example is the SPDR S&P 500 ETF (SPY), which tracks the S&P 500 Index. ETFs can contain many types of investments, including stocks, commodities, bonds, or a mixture of investment types. An exchange traded fund is a marketable security, meaning it has an associated price that allows it to be easily bought and sold.An exchange traded fund (ETF) is a basket of securities that tr

Wall Street finished mostly lower on Friday, weighed down by Big Tech as investors digested the Federal Reserve's decision to end its pandemic-era stimulus faster.All three main U.S. stock indexes ended with a decline for the week after the Fed on Wednesday signaled three quarter-percentage-point interest rate hikes by the end of 2022 to combat surging inflation. Apple (AAPL.O), Microsoft (MSFT.O) and Alphabet (GOOGL.O) slipped for much of the session, weighing on the S&P 500 and Nasdaq.Adding to uncertainty, Pfizer (PFE.N) said on Friday the pandemic could extend through next year. European countries geared up for further travel and social restrictions and a study warned that the rapidly spreading Omicron coronavirus variant was five times more likel

Stock futures steady after sell-off in tech shares.Stock futures opened slightly higher Thursday evening after a rout in technology stocks earlier during the regular trading day, as investors turned away from growth stocks in anticipation of tighter monetary policy next year.Contracts on the S&P 500 ticked up. Earlier, the index closed lower, with the tech-heavy information technology and consumer discretionary sectors leading the way lower. The Nasdaq underperformed to drop 2.5% to give back all gain after a rally on Wednesday. The Dow ended just slightly in the red. Shares of FedEx (FDX) jumped in late trading after the shipping giant raised its full-year earnings forecast, delivered better-than-expected fiscal second-quarter results and authorized a new $5 billion stock buyback prog

Buy The DipsWhat Is Buy the Dips?"Buy the dips" means purchasing an asset after it has dropped in price. The belief here is that the new lower price represents a bargain as the "dip" is only a short-term blip and the asset, with time, is likely to bounce back and increase in value.KEY TAKEAWAYSBuying the dips refers to going long an asset or security after its price has experienced a short-term decline, in repeated fashion.Buying the dips can be profitable in long-term uptrends, but unprofitable or tougher during secular downtrends.Dip buying can lower one's average cost of owning a position, but the risk and reward of dip-buying should be constantly evaluated.Understanding Buy the Dips"Buy the dips" is a common phrase investors and traders hear after an asset has declined in price in the

Apple (AAPL) appears well on its way to being the first company to hit a $3 trillion market cap. As of the opening bell on Thursday, the company’s stock was sitting at $174.91 per share, and it only needs to hit $182.85 before crossing the historic point.So what’s behind the run on Apple’s stock? The continued success of the company’s iPhone lineup, not to mention its accessories like the Apple Watch and AirPods are, of course, a large part of the story.But the build-up in anticipation of its next-generation of products including the company’s rumored AR/VR glasses and its decision to produce its own chips seem to have investors eager to jump on the company’s bandwagon.“We believe ... Apple is well on its way to being a $3 trillion market cap during 2022 (or sooner) as the Street catches u