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August 2, 2021

Zillow Group Inc

Unicorn start-up Pacaso seeks to capitalize on surging vacation home prices

CNBC Real Estate
As home prices surge, a real estate start-up launched in October by two former Zillow executives sees opportunity. Cincinnati-based Pacaso purchases luxury single-family vacation homes and then sells them to groups of buyers through a fractional ownership model as part of an LLC, co-founder and CEO Austin Allison told CNBC......

These are the best long-term stocks to own right now, top Wall Street analysts say

CNBC
CNBC – For more and to sign up click here Zillow home page Source: Zillow Investors looking for stock ideas into the second half of 2021 may want consider some of these fresh ideas. These are stocks that Wall Street analysts believe are primed to surge over the long run......

AMC CEO Adam Aron’s wealth soared by more than $200 million from retail investor rally

CNBC
CNBC – For more and to sign up click here AMC Entertainment CEO Adam Aron has seen his wealth soar by more than $200 million since the start of the year thanks to a retail-investor fueled rally, according to securities filings. The theater chain, which has become a favorite of......

Dubbed ‘WoodStocks,’ Jim Cramer sees Cathie Wood’s top tech picks heading lower

CNBC
CNBC – For more and to sign up click here Investors in technology stocks should buckle up for a wild ride as the group turns toxic in a rising inflation environment, CNBC’s Jim Cramer said Wednesday. “If you own the turbo-charged growth stocks … you either need to steel yourself......

Cathie Wood’s ARK Innovation ETF falls to new low for the year, off nearly 35% from recent high

CNBC
CNBC – For more and to sign up click here Cathie Wood’s flagship fund Ark Innovation hit its lowest point of the year on Monday amid further selling in innovation stocks. Ark Innovation‘s drop of as much as 5% on Monday dragged the “disruptive innovation” ETF below its March low,......

Cathie Wood’s Ark Innovation ETF is down 10% this week, nearing new low for the year

CNBC
CNBC – For more and to sign up click here Star fund manager Cathie Wood’s flagship fund is getting hit this week and seeing big investor outflows amid a sell-off. Shares of Ark Innovation are down another 3% on Thursday, bringing its weekly losses to nearly 10%. The “disruptive innovation”......

Stocks making the biggest moves after the bell: Activision Blizzard, T-Mobile, Lyft and more

CNBC
CNBC – For more and to sign up click here Gamers of the Philadelphia Fusion, left, and London Spitfire teams compete during the Activision Blizzard Inc. Overwatch League Grand Finals at Barclay Center in the Brooklyn Borough of New York, U.S., on Friday, July 27, 2018. Christopher Lee | Bloomberg......

Cathie Wood’s ARK Innovation ETF drops more than 3% amid tech sell-off, off almost 30% from high

CNBC
CNBC – For more and to sign up click here Cathie Wood, chief executive officer and chief investment officer of ARK Investment Management LLC, speaks during the Sooner Than You Think conference in the Brooklyn borough of New York on Tuesday, Oct. 16, 2018. Alex Flynn | Bloomberg | Getty......

Zillow president expects increase in home listings as Covid certainty improves

CNBC Real Estate
Zillow President Susan Daimler told CNBC on Friday that the housing market remains hot, despite the drop in pending home sales in the month of February. The National Association of Realtors reported that signed contracts on existing homes declined more than 10% that month from January. Daimler said it was......

Cathie Wood’s Ark Innovation fund is set for a big rebound Tuesday as Tesla, other tech darlings pop

CNBC
CNBC – For more and to sign up click here Cathie Wood, CEO and founder of ARK Invest. CNBC Widely followed investor Cathie Wood is about to recoup some of her recent sharp losses as tech stocks rebounded Tuesday after a brutal correction triggered by surging bond yields. Wood’s flagship......

Cathie Wood says the underlying bull market is strengthening, will benefit Ark’s strategy over time

CNBC
CNBC – For more and to sign up click here Cathy Wood Crystal Mercedes | CNBC This is a breaking news story. Please check back for updates. Ark Investment Management founder and CEO Cathie Wood said she was not worried about the recent drop in her funds and that the......

Real estate brokerage Compass files for IPO amid pandemic boom in housing prices

CNBC
CNBC – For more and to sign up click here Robert Reffkin, CEO of Compass, speaks on stage on November 06, 2019 in New York City. Brad Barket | Getty Images Compass, a real estate brokerage firm with more than 19,000 agents across the country, filed to go public on......

Cathie Wood’s funds take big morning hit before rebounding as the tech trade stumbles

CNBC
CNBC – For more and to sign up click here Cathy Wood Crystal Mercedes | CNBC Some called it the “Cathie Wood sell-off.”   At the open Tuesday, the top names owned by Ark Investment Management were the biggest decliners in the market.  Shares of Palantir, Tesla, Roku, Square, Paypal, Teladoc,......

Stocks making the biggest moves in the premarket: Dish Networks, Boeing, Cooper Tire & more

CNBC
CNBC – For more and to sign up click here Take a look at some of the biggest movers in the premarket: Dish Networks (DISH) – The satellite TV provider rose 3.2% in premarket trading after it reported quarterly earnings of $1.24 per share, well above the consensus estimate of......

Strength of housing market has broadened out, says CEO of homebuilder Taylor Morrison

CNBC
CNBC – For more and to sign up click here Taylor Morrison CEO Sheryl Palmer told CNBC Thursday the strength in the housing market has broadened out in recent months, adding another layer to the pandemic-era residential real estate boom. “It’s a phenomenal dynamic we’re seeing out in the marketplace,”......

Zillow hopes to turn flood of ‘real estate porn’ users during Covid into actual sales

CNBC Real Estate
Zillow CEO Richard Barton told CNBC on Thursday the company hopes to turn the wave of people who dreamily browsed its website last year into actual homebuyers. Zillow has long been associated with so-called “real estate porn,” Barton acknowledged in a “Squawk on the Street” interview. He noted a headline in a San......

Zillow hopes to turn flood of real estate porn users during Covid into actual sales

CNBC Real Estate
Zillow CEO Richard Barton told CNBC Thursday the company hopes to turn the wave of people who dreamingly browsed its website last year into actual homebuyers. Zillow has long been associated with so-called “real estate porn,” Barton acknowledged in a “Squawk on the Street” interview. He noted a headline in a San Francisco......

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