These five companies are changing the world — and their shares have made investors rich

With political strife and worries about global warming, economic growth and debt, it’s easy to lose sight of the fact that the human race isn’t doomed just yet.

Before you turn irrationally exuberant on ARK ETFs and load up on them, it’s worth pointing out that not all of its funds are winners. The 3D Printing ETF PRNT, +0.17% has lagged behind the Nasdaq considerably since its July 2016 launch. It is only up around 15%. Bears who are short the stock point to problems like slowing sales, dwindling cash and the arrival of major car companies like Ford F, -0.05% General Motors GM, +0.13% and BMW BMWYY, +0.44% in the electric-vehicle space. Bears also cite high management turnover and the erratic behavior of Tesla TSLA, -0.72% founder Elon Musk as big negatives that spell doom. They even take the low road by accusing him of drug addiction despite having no evidence for this.

Regardless of whether Tesla is on the road to ruin, you have to give it credit for being an innovator that pushed the world into electric vehicles. Tesla was recently a top holding of the ARK Innovation ETF, and the second-largest holding of the ARK Web x.0 and ARK Industrial Innovation ETFs. Nvidia estimates that its high-performance computing data center market will grow to $50 billion in 2023 from $37 billion last year. “The world needs more computing. And a lot of that computing is related to machine learning, data analytics, deep learning. It’s related to the things that we’re working on,” Nvidia CEO Jensen Huang said in the company’s most recent conference call.

It’s quite a jumble. So it can be confusing to navigate. Enter Nutanix NTNX, -0.30% Its software helps companies set up “hybrid clouds.” This means they pick and choose what apps and services they want to run on various clouds and how to best serve them up. Nutanix calls this hyper convergence.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Companies Make Room for Investors Pushing Climate, Social IssuesThe largest U.S. companies are beginning to pay heed to the demands of investors focused on environmental and social issues, a shift for shareholders long relegated to the sidelines.
Source: WSJ - 🏆 98. / 63 Read more »

Investors are demanding record amounts to hold Tesla debt as the company's profit woes mountTesla's junk bonds reached a record premium after the company reported another quarterly loss on Wednesday night.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Five companies are under investigation following the collapse of a Seattle crane that killed 4 peopleThe crane fell from the roof of a building on Saturday, crushing cars on the street below and killing four people. Will the crane be charged with manslaughter? What took you so long to report? This happened Sunday for God's sake. People died, CNN. The News? It’s Obama’s fault!!!!!!
Source: CNN - 🏆 4. / 95 Read more »

Google's parent company struggles with mobile clicks, YouTube changesShares of Alphabet dropped 7 percent after hours after closing up 1.5 percent at a record-high of $1,296.20.
Source: NBCNews - 🏆 10. / 86 Read more »