Like most automotive brands, the future of sports car brands like Ferrari (RACE) is defined by the advent of high performance electric-powered vehicles. Though rivals like Lamborghini can claim that their EVs will be an “emotional” experience, Ferrari is pouring in major amounts of money into actual key research for its electric future. Scientists at
Cathie Wood, head of Ark Investment Management, is doing quite well in the fame game. Known to her devotees as Mama Cathie, Wood rocketed to prominence thanks to a stupendous return of 153% in 2020 and clear presentations of her investment philosophy in ubiquitous media appearances. But her longer-term returns are less stellar. Wood’s flagship
Twice this week, government reports did not show inflation falling as many had expected. In fact, inflation pressures were stronger than expected. There was an immediate effect on mortgage rates: Up. × This page requires Javascript. Javascript is required for you to be able to read premium content. Please enable it in your browser settings.
Universal Studios Florida and Disney World compete for the same theme park customers. Walt Disney and Comcast have a massive rivalry but they also have multiple partnerships. It’s a confusing relationship where Universal’s theme parks in Florida have the rights to a number of Marvel characters including Spider-man and the X-Men. That deal, which grants
On March 26, 2021, a company called Archegos Capital Management defaulted on margin calls from several investment banks. The collapse of the firm, which was founded and run by the investor and trader Bill Hwang, rattled some of the biggest names on Wall Street, including Credit Suisse, which collapsed last year after a series of