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September 1
- Cathie Wood Buys $6.6 Million of Two Rising Tech Stocks➀ Cathie Wood's Ark Investment Management purchased $6.6 million worth of Shopify and DraftKings shares. ➁ The purchases were made through the Ark Next Generation Internet ETF. ➂ Both stocks have seen significant growth recently, with Shopify up 37% since August 6 and DraftKings up 22% in the past 12 months.
August 18
- Financials Beat Wall Street, Here's How to Buy Applied Materials➀ Applied Materials reported strong Q3 fiscal results with adjusted EPS of $2.12 and revenue of $6.778 billion, beating Wall Street expectations. ➁ The company's gross margin improved to 47.3%, and operating margin to 28.7%, showcasing operational efficiency. ➂ Guidance for the current quarter is optimistic, with expected net sales of $6.93 billion and adjusted EPS between $2.00 and $2.36. ➃ The balance sheet remains robust with a strong cash position and manageable debt levels, indicating financial health.