Two stocks I think fit this description are Alphabet (NASDAQ: GOOGL) and MercadoLibre (NASDAQ: MELI). Alphabet is the parent company of Google, YouTube, and the Android operating system. Despite having a broad portfolio of brands, Alphabet's revenue depends on one thing: Advertising. Read More...
Cathie Wood Plows Millions Into Her Newest Investment
While Ark Invest owner Cathie Wood is beloved by some and reviled by others, one thing is for sure — whatever she does in the world of finance gets plenty of attention. Another sector Wood has been bullish on is crypto — despite major collapses in 2022 that sent many investors running for the hills in a panic. Nine investors put in a total of $7,281,630, raised by The ARK Crypto Revolutions U.S. Fund LLC. The additional eight million was raised by the ARK Crypto Revolutions Cayman Fund LLC. Both funds are private and open to a limited number of investors.