Cathie Wood Is Trouncing the Market So Far in 2023 Mainly Due to These 3 Stocks

To be sure, Coinbase still faces significant challenges. The company continues to post steep losses. Wood, though, remains bullish about the stock, and bought additional shares for the ARK Innovation ETF earlier this month. Read More...

Motley Fool

Why Apple Stock Was Climbing Today

Shares of Apple (NASDAQ: AAPL) were moving higher today after two analysts reiterated buy ratings on the FAANG stock with one noting that Apple seems likely to beat its own vague guidance due to the weakening dollar. In a note this morning, UBS analyst David Vogt maintained his buy rating and a price target of $180 on the stock, noting that his earlier decision to lower his estimates on supply chain issues didn’t account for the weakening dollar, especially against currencies in Apple’s top foreign markets like Europe, the U.K., China, and Japan. On its fiscal fourth-quarter earnings call, Apple had guided for a 10 percentage-point headwind in foreign currency, but Vogt believes the actual headwind will be four to five percentage points less than that.

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