Tech
Tesla Shares Will Hit $4,000, Says Ark CEO Catherine Wood | CNBC
Ark Investment Management founder and CEO Catherine Wood, a money manager known for making bold calls, told CNBC on Wednesday that she believes Tesla stock will one day trade at $4,000 per share.
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Tesla Shares Will Hit $4,000, Says Ark CEO Catherine Wood | CNBC
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Tech
To keep growing, Best Buy wants to go smaller
Best Buy is at a critical juncture as the consumer electronics retailer aims to revitalize its performance under incoming CEO Jason Bonfig, who spoke exclusively with CNBC about his strategy for the company.
Find the full report in related video.
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Tech
How AI is influencing the Federal Reserve
The Federal Reserve is forecasting relatively strong GDP growth in 2026, attributable to gains in worker productivity.
One long-run economic model indicates that generative AI may have dramatic effects on both labor productivity and employment.
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China wants in on U.S. AI data center boom
China and the U.S. may be competing for dominance in artificial intelligence, but some Chinese manufacturers are eyeing the U.S. data center buildout as an opportunity.
CNBC’s Eunice Yoon has the details.
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How Kalshi and Polymarket are trying to copy the crypto playbook
There’s a land grab underway in the U.S. for perpetual futures, one of the biggest and riskiest parts of the crypto trading world — and prediction markets Kalshi and Polymarket reportedly want a piece of it.
Watch the related video to learn why prediction markets are preparing to invade one of crypto’s biggest and riskiest trades.
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The ‘Socialist’ Bank Thriving In Trump Country
Progressive political candidates have clamored to launch public banks in the lead-up to the 2026 midterm elections. However, there is just one active example in the United States: the Bank of North Dakota. Chartered in 1919, this bank uses tax revenue from the state to fund and execute strategic economic development priorities for North Dakota. The bank has assisted in sales of fossil fuel assets, a presidential library, and general lending to citizens and businesses in need. CNBC’s Garrett Downs reports on this “socialist experiment” unfolding deep in Trump country.
Chapters:
00:00 Introduction
01:14 Strategic investments
03:32 Cowboy socialism
06:34 Politics
Reporter: Garrett Downs
Produced and Shot by: Carlos Waters
Edited by: Andrea Miller
Additional Camera by: David Soltis
Animation: Jason Reginato, Emily Park
Senior Managing Producer: Shawn Baldwin
Additional Footage: Getty Images
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The ‘Socialist’ Bank Thriving In Trump Country
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@takenoshortcuts
January 10, 2024 at 9:21 am
Cathie Wood is smart and her company does quality research BUT she and her ARK investment corp are messed up! She is ALWAYS selling the Tesla story of endless potential while her company is ALWAYS selling TSLA shares. Oh, and ARK is losing money regularly for her ARK investment holders.
@cohenkevinloriqueen818
January 10, 2024 at 9:21 am
Almost everyone snickered at her… She was correct !!!! 100%… WoW.. What a call…That made me a ton of Money… Because for some reason I believed her and Bought, Bought, Bought and am still buying TSLA.. Thank you CAthie….
@grahamstrouse1165
January 10, 2024 at 9:21 am
Haha!
@pomp4401
January 10, 2024 at 9:21 am
Aged like milk.
@theonlyenvyokay9923
January 10, 2024 at 9:21 am
Tesla stock down to 200 YouTube and their manipulation is the worst, they even botted the comments to worship her how much worse can they possibly get, ppl wake up the ppl in charge of the world are evil and are willing to do anything to screw you over. we need to over throw them people like Kathy is a perfect example of someone who sold their soul, the ppl in charge of the matrix are just like the devil.
@TeslaEVolution
January 10, 2024 at 9:21 am
Fun to in retrospect watch this – 4 years later and her prediction came true and then some! Fun to see how dim-witted/entrenched the news reporters are.
@JK-sy4ym
January 10, 2024 at 9:21 am
Solid views. Ark invest is expiring the worst pull back in the history, and I think she would prove her vision once again.
@2r380
January 10, 2024 at 9:21 am
I love her
@ArangarXRukia
January 10, 2024 at 9:21 am
Gods, we were young then.
@mikesetera2677
January 10, 2024 at 9:21 am
TLSA just closed at 5859.85, adjusted for splits.
@michaelantony1446
January 10, 2024 at 9:21 am
I'm very impressed with CW..very sharp person..
@jamiek1714
January 10, 2024 at 9:21 am
Cathie Wood's prediction on TSLA was one of the greatest calls of all time.
@jeffgriffith7087
January 10, 2024 at 9:21 am
Mr. Wonderful being an idot as usual
@WesleyJeggo
January 10, 2024 at 9:21 am
Its 5000 now
@SuperDraupnir
January 10, 2024 at 9:21 am
Rewatching this in 2021 is great.
@Filmstarindamaking
January 10, 2024 at 9:21 am
This aged well, like fine wine and it was about the time I got in on Tesla. And the big boys are still coming! LOL!
@weili3188
January 10, 2024 at 9:21 am
In 2018, Cathie predicted Tesla price to hit $4000. Now in 2021, she says Tesla to hit $3000 post split, by 2025.
@tommytruong4255
January 10, 2024 at 9:21 am
I came here to find those haters, skeptics, and doubters. Where are you guys
@Patrick-ud3vu
January 10, 2024 at 9:21 am
She also said buy Amazon when they were still selling books. She's also said buy Bitcoin back in 2016.
@d1sregard662
January 10, 2024 at 9:21 am
Cathie is bae.