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The Future Fund Active ETF (NY: FFND )

22.03 +0.15 (+0.68%)
Official Closing Price Updated: 4:10 PM EDT, May 2, 2024 Add to My Watchlist
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Headline News about The Future Fund Active ETF

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'Wow:' Elon Musk Stunned By Reminder Of How Tesla Bull's Optimistic 2021 Rivian Prediction 'Didn't Age Well'
Future Fund's Gary Black expressed optimism about Rivian in 2021, even at a $70 billion market cap, expecting them to produce 150,000 EVs annually by 2024 with $10 billion in revenue. 
Via Benzinga
Why Celsius Holdings Shares Are Gaining Today
Celsius Holdings shares surge as the company plans expansion into Australia and New Zealand, partnering with Suntory Oceania for exclusive distribution. 
Via Benzinga
Tesla's Growth Engine Stuttering? Deliveries Miss Looms As Analyst Questions High Valuation: 'Looks Vulnerable'
Black expressed concern about the second quarter, which saw 466,000 units sold last year. He believes it may be challenging to surpass this figure. 
Via Benzinga
Tesla Bull Recommends A 'Great Deal' For Elon Musk's EV Giant As It Grapples With Slowing Sales Growth
Tesla bull reiterated his view that advertising will help the company to bring non-EV users into its fold. 
Via Benzinga
'Nothing Short Of Amazing:' Nvidia Analysts Praise AI Chipmaker's GTC Unveilings, But Stock Dips As Investors Digest News
CEO Huang's keynote was largely in line with expectations, according to KeyBanc Capital Markets analyst John Vinh. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Tesla Bull Suggests EV Giant Break Out AI Revenue And Profit As 4th Segment In Earnings Reports To Grab More Investor Eyeballs
Currently, Tesla's earnings reports consist of three segments: automotive, energy, and services. 
Via Benzinga
Topics Artificial Intelligence
Exposures Artificial Intelligence
Cathie Wood To Tesla's Rescue? Ark Invest Scoops Up $35M Of EV Giant's Sliding Stock
Ark purchased a total of 216,682 Tesla shares across three of its actively managed exchange-traded funds on Thursday. 
Via Benzinga
First Of Many Wall Street Cuts For Tesla? Fund Manager Sees Domino Effect In Motion After Deutsche Bank Lowers Delivery Estimate
Deutsche Bank reduced its first-quarter deliveries estimate for Tesla from 476,000 units to 427,000 units, Black said in a post on social media 
Via Benzinga
Tesla Q1 Deliveries Worries Mount, Rivian's New R2 Pre-Orders Surge, Nio Readying Model Y Rival And More: Biggest EV Stories Of The Week
Electric vehicle stocks defied the broader market optimism and ended mostly lower in the week that ended on March 8, led by Tesla, Inc. (NASDAQ: 
Via Benzinga
Topics Electric Vehicles
Exposures Electric Vehicles
Rivian's Stock Grossly Undervalued? Fund Manager Predicts Tesla-Like Turnaround Following New Vehicle Line-Up Announcements
EV startup has evinced confidence in this fund manager after the Irvine, California-based company announced three new models this week. 
Via Benzinga
Fund Manager Substantially Reduces Tesla Holding, Citing 2 Reasons That Undermine His Positive View
Tesla's fundamental underperformance has given a reason for investors to desert the stock and a fund manager now sees more trouble ahead. 
Via Benzinga
Why Is Networking Company Ciena Stock Plunging Thursday?
Ciena reported Q1 revenue decline of 1.8% to $1.04B, beating estimates. EPS of $0.66 also beat consensus. Margins improved. Ciena expects fiscal 2024 revenue of $4 billion - $4.3 billion, down from... 
Via Benzinga
Tesla Bull Wants Musk's Company To Think About How Apple Convinced Dumb Phone Users To Switch To iPhones Amid EV Slowdown: 'Effective Communication'
Black's remarks were prompted by a Globe and Mail opinion piece discussing the fading "EV hype." 
Via Benzinga
Tesla Investor Shows Love For Battered Rivian: 4 Reasons Why He Is Positive About The EV Maker
While some Rivian investors may have given up their hopes on the EV maker, a fund manager still sees it as a credible number 2 to Tesla by 2030. 
Via Benzinga
Tesla Bull Admits He's 'Been Wrong' On EV Giant For 3 Years, Calls This His 'Greatest Research Mistake'
"Where I've been massively wrong is not anticipating that TSLA would start a price war, which has caused TSLA 2024 and 2025 earnings power to collapse," he said. 
Via Benzinga
Walmart's Solid Quarter Proves Tesla 'Uberbulls' Wrong? Fund Manager Explains Why High-Interest Rates, Dissatisfied Customers Aren't Hurting EV Maker
He saw the strong performance of Walmart as a testament that the "American consumer is alive and well." 
Via Benzinga
Tesla Investor Questions Rationale Of EV Maker Building Up Cash At 'Stupid Rate,' Suggests This 'Sensible' Alternative
With Tesla cash pile estimated to hit $150 billion by 2030 and the stock languishing, a Tesla investor recommended a strategy to prop up the stock. 
Via Benzinga
Fund Manager Gary Black Puzzled By Tesla Analyst's 'Weird' Take On EV Giant's Stock: 'MS Sales Team Will Have A Hard Time With This Call'
The analyst lowered the 2024 adjusted EPS estimate below the consensus of $3.82, despite having the second-highest price target among 50 analysts covering Tesla. 
Via Benzinga
'Let's Get Real:' Tesla Analyst Shrugs Off 4% Stock Drop, But Hints At Slowest Delivery Growth In A Decade
Tesla's stock had a big run-up in 2023, having advanced 102% compared to Nasdaq's 54% advance, Future Fund's Gary Black pointed out. 
Via Benzinga
Musk's D-Day: Will Tesla Hit 2023 Target Of 1.8M Deliveries? What To Expect From Q4 Report Today
Wall Street analysts, as per a Tesla-compiled consensus estimate, project 480,500 units for the fourth quarter, notes Future Fund co-founder Gary Black. 
Via Benzinga
Tesla Bull Gary Black Rues Attacks From Fellow Bulls, Says Opposing Management Strategy Is Not 'Attacking Elon'
He emphasized that in the institutional world, challenging convictions is a norm to identify potential risks a stock might face. 
Via Benzinga
Tesla Investor Says Elon Musk Overplayed Macro Card As He Details Game Plan To Lift Sagging Volume
Tesla can not reinvigorate sales growth unless the company uses a combination of price cuts and ad spending, says an analyst. 
Via Benzinga
Tesla's Rare Double Miss: Analyst Expects Wall Street To Revise Estimates After Q3 Earnings Call Earns 'Not Good' To 'Terrible' Reviews
Tesla's revenue fell short of expectations, marking the first time both headline numbers missed estimates since the second quarter of 2019. 
Via Benzinga
Topics Earnings
Exposures Financial
Eli Lilly To Fly Higher? Fund Manager Gary Black Envisions Blockbuster Potential For Diabetes Drug Mounjaro
Lilly stock has been on a tear this year, thanks to the huge potential its GLP-1 agonist Mounjaro promises. 
Via Benzinga
Tesla Investor Says 'Short-Term Narcotic' Price Cuts Won't Work: 'Sad That..Mgmt Doesn't Get This'
Via Benzinga
Tesla Analyst Explains Stock's 12% Post-Earnings Pullback: 9 Catalysts That Can Stall The Sell-Off
Tesla stock began declining in the session ahead of its earnings release and it has been broadly lower since then. 
Via Benzinga
Tesla's Price Cuts Produce 'Sugar High' But Lack Long-Term Benefit, Says Analyst: Ad Campaign 'Would Surely Help'
Wall Street analysts have not been big fans of Tesla, Inc. 
Via Benzinga
WeightWatchers Latest Strategic Acquisition: Simplify Insurance Reimbursement For Costly Weight-Loss Drugs
Via Benzinga
Goldman Sachs Thesis On Weight Watchers Is 'Absurd,' Fund Manager Says Why He'd Short The Stock
Via Benzinga
Tesla Bull Weighs In On EV Maker's Near-Term Stock Trajectory — 8 Catalysts That Can Lead To Upside
Tesla Inc. (NASDAQ: TSLA) stock has seen an uneven recovery this year, alternating between recoveries and pullbacks. 
Via Benzinga
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