By: Spencer Israel Cathie Wood has made a name for herself and her firm, ARK Invest, by making extraordinarily bullish calls on tech stocks. Her biggest was the 2018 prediction that Tesla (TSLA) would hit $4,000 per share within five years. At the time, Tesla was trading around $325. Three years and one 5-for-1 stock.. Read more
By: Montana Timpson With the dawn of 2021 upon us, stakeholders and the public alike prepare for a wave of last year’s highly anticipated annual earnings reports. Though there are many exceptions, a large majority of U.S. companies define their fiscal year-end simultaneously with the calendar year-end, and, as SEC guidelines require, we expect to.. Read more
By: Montana Timpson As the 2020 fiscal year draws to a close, annual rates of return hit professional traders’ radars as they seek to distinguish years’ top performers. For investors with diverse portfolios, calculating rates of return can help compare the relative performance of multiple investments, making clear which assets won big in 2020. Calculating.. Read more
By: Montana Timpson Economist Mark Schug, Ph.D., Professor Emeritus at the University of Wisconsin-Milwaukee, joined Lightspeed last month to present a live webinar recapping 2020’s unprecedented fiscal year and its economic implications for 2021. Detailed insights included market predictions regarding ongoing impacts of COVID-19, general economic uncertainty and the recent growth in the GDP. GDP.. Read more
By: Spencer Israel As more details about the hack of IT company SolarWinds continue to emerge by the day, it’s becoming clearer that the full scope of the attack, purported to be by Russia, may not be known for some time, if at all. Microsoft disclosed it was victimized, as has FireEye, Cisco, Equifax, and.. Read more
Copyright © 2001-2021, Lightspeed, LLC. All Rights Reserved.