ARK Next Generation Internet ETF [ARKW] Stock Forecast

NVIDIA has evolved into a key enabler of the life sciences industry with graphics processing units (GPUs), which were originally developed for the gaming industry, now being used to accelerate computational tasks like deep learning.

Investors should look to the expansion of cloud computing, along with a next-generation internet sector-themed exchange traded fund strategy to capture this growing opportunity. In the recent webcast, An Advisors Guide to Cloud Computing and the Future of the Internet, Analyst Will Summerlin projected that global A.I.

ARK Invest has shaken up the management of its passive ETF offerings by removing CIO Cathie Woods from the day-to-day management of the funds.

Cloud computing has become the backbone of technology infrastructure. It helps companies expand their reach across new internet-based products and services, payment methods, big data, the internet of things, social distribution, and media.

Zoom reported second-quarter earnings last week, which beat consensus expectations for eps but missed on revenues, sending shares of the video-telephony software company down 16%.   Revenue grew 8% on a year-over-year basis, slowing down in response to churn in non-enterprise online customers as small businesses reacted to the recessionary environment by slashing budgets.

Tesla has updated its full self-driving beta program with occupancy network perception and prediction, ARK Invest wrote in an August 29 newsletter. Tesla last week released a significant upgrade to its Full Self Driving (FSD) beta software to a select group of user vehicles.

Tesla's (TSLA) 3-for-1 stock split took effect late on Wednesday. Shares of the electric vehicle company have climbed 28% since June 10, when Tesla announced plans to split its stock.

Zoom shares crashed following earnings, but major analysts are buying the dip.

Most popular growth stocks have bounced faster than the broader indices. We tell you why this is just a bear market rebound and the pain is not yet over.

Consensus capital spending forecasts suggest that Tesla could continue to take electric vehicle (EC) market share.  Commenting on competition in the EV space, media pundits tend to frame new EV capital spending (capex) announcements as threats to Tesla.