DocuSign, Didi, Nvidia, Tesla and more

The passenger Didi Chuxing logo is displayed on a building in Hangzhou, east China’s Zhejiang Province. STR | AFP | Getty Images Check out which companies are making the headlines in midday trading. DocuSign – Software stock fell 40% after the company released fourth-quarter sales guidance that was lower than analysts had expected. DocuSign gave … Read more

Ark Invest’s Wood dumps nearly all of her Zillow holdings

Katherine Wood, CEO of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, October 18, 2021. Kyle Grelot | Bloomberg | Getty Images Innovation investor Cathy Wood dumped all but a handful of Zillow shares from its flagship fund on Wednesday after flagging that problems with the … Read more

Opendoor Q3 earnings beat estimates

Eric Wu, founder and CEO of Opendoor, a home-turning startup, at its headquarters in San Francisco, May 18, 2017. Kristi there cluck | New York times A week after Zillow announced its abrupt departure from the home-buying market, rival Opendoor reported third-quarter results that beat estimates and issued an optimistic outlook for the rest of … Read more

Cathie Wood says Zillow’s decision to shut iBuying unit could be a warning signal for housing market

Katherine Wood, CEO of ARK Investment Management LLC, speaks during the Milken Institute Global Conference in Beverly Hills, California, on Monday, October 18, 2021. Kyle Grelot | Bloomberg | Getty Images Closely followed innovation investor Cathy Wood interprets closing Zillow’s volatile home business as a warning sign for the housing market in general. .

Opendoor shares soar on optimism of gains in iBuying after Zillow exit

OpenDoor is disrupting the real estate market with its new paradigm. You buy and sell homes on its platform. Open door Zillow’s sudden exit from the home buying market prompted investors to see an Opendoor opening. A day after Zillow’s stock plunged to a 16-month low, Opendoor shares are up as much as 19%. The … Read more

Cathie Wood sells big chunk of her Zillow stock after company exits the home-buying business

Cathy Wood, founder and CEO of ARK Investment Management LLC, speaks during the Skybridge Capital SALT New York 2021 conference in New York City, September 13, 2021. Brendan McDermid | Reuters Ark Invest’s Cathy Wood sold a large portion of one of its top positions on Wednesday as Zillow’s real estate company shares collapsed. .

Zillow stock plunges 24% after company exits home-buying business

Zillow Home Source: Zillow Shares of Zillow fell 24% Wednesday, after the company announced plans to exit the home-flipping business due to the inability to accurately predict home prices. Once the pandemic winner due to its central position in the red-hot housing market, Zillow has lost two-thirds of its value since February and is trading … Read more

Ark Invest’s Cathie Wood buys more Zillow shares as they dive

Katherine Wood, CEO of ARK Investment Management LLC, speaks during the Milken Institute World Conference in Beverly Hills, California, on Monday, October 18, 2021. Kyle Grelot | Bloomberg | Getty Images Cathy Wood buys her favorite real estate stock, despite revelations that Zillow Group is giving up its home business. .

5 things to know before the stock market opens Wednesday, Nov. 3

Here are the top news, trends and analysis that investors need to start their trading day: 1. Wall Street awaits Fed decision after another record day Traders on the floor of the New York Stock Exchange Source: NYSE US stock futures were little changed on Wednesday ahead of the conclusion of the two-day Federal Reserve … Read more

New York Times, CVS Health, Humana and more

Check out the companies making headlines before the bell: The New York Times (New York Times) – Shares of the newspaper publisher jumped 3.9% in the primary market after beating estimates by 3 cents with adjusted quarterly profit of 23 cents per share. Revenue also exceeded estimates amid rising advertising and digital sales. CVS Health … Read more