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Silicon Valley Scorecard: Top 3 Winners And Losers Last Week

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What’s up #WealthGANG. In our Scorecard series, we break down the previous week’s winners and losers in a given category. In this edition, we take a look at popular Silicon Valley stocks—and which ones were the best and worst performers last week.

Winner: Workday

Shares of Workday [WDAY] gained 9% in the last week. The company is expected to report its third-quarter fiscal 2019 results in a couple of days and investors are optimistic about the company beating Wall Street earnings estimates.

Market Cap: $30.43B

Change: 9%

Total Gain: $2.5B

Winner: Splunk

Shares of Splunk [SPLK] gained over 5% in the last week. This stock seems to be in recovery mode after it burned significant investor wealth over the last two months. Splunk has fallen close to 21% since the start of Oct. 2018.

Splunk was not spared during the tech sell-off witnessed recently. Further, the stock might also have been a tad overvalued and expensive that led to a significant correction.

Market Cap: $14B

Change: 5%

Total Gain: $660M

Winner: ServiceNow

ServiceNow [NOW] shares rose close to 7% last week. This stock has recovered after a difficult 50-day period. The last quarter of 2018 has been a difficult one for investors as companies have been hit by analyst downgrades driven by poor guidance.

ServiceNow is down 14.5% since the start of Oct. 2018. The company’s fundamentals though remain strong. Its growth story is intact and the current price might be an attractive entry point for investors.

Market Cap: $30B

Change: 6.7%

Total Gain: $1.9B

Loser: Apple

Apple  [AAPL] shares have been in a downward spiral for some time now. The stock lost over 11% in market value last week. There have been concerns over lower iPhone shipments this holiday season.

Apple had earlier stated that it would stop publishing device sales going forward. This raised a red flag among analysts. Wall Street remains concerned over supply chain forecasts that are generally a solid indicator for iPhone shipments.

Market Cap: $828.64B

Change: -11%

Total Loss: $105B

Loser: Tesla

Tesla  [TSLA] shares fell close to 8% last week. Tesla had announced that it would slash prices of the Model S and Model X in China to offset the impact of tariffs imposed by President Donald Trump.

While this move would make cars more affordable, Tesla would absorb a significant cost of tariffs which will impact profit margins.

Market Cap: $59.42B

Change: -7.8%

Total Loss: $5B

Loser: Netflix

Netflix [NFLX] stock tumbled 9.6% last week. There are growing concerns over Netflix’s rising competition leading to a cut in analyst target prices. Macquarie Research analyst Tim Nollen reduced Netflix’s price target from $410 to $315.

Wall Street expects competition from media companies such as Amazon [AMZN] and Disney [DIS] to weigh in on Netflix revenue. Despite the recent pullback, Netflix has outperformed markets in 2018 and gained 36% this year.

Market Cap: $114B

Change: -9.6%

Total Loss: $13B

Money

3 Ways To Invest From Your Smartphone For Under $5

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The numbers say 80% of millennials don’t invest in stocks.

Reason? Half say they don’t have money, one-third says it’s too early and another third says they don’t know how.

In addition to that, there’s demographic gap. “The average age of a financial advisor is 55,” said Douglas Boneparth, a New York City-based financial planner. “There are more financial advisors over the age of 70 than there are under 30.”

Despite these beliefs, you don’t really need much money, nor experience, to get started. (Just look at our fearless co-founder Odunayo Eweniyi and what she’s pulled off here)

Be that as it may, here are three ways to get started for $5 or less.

1. Stash

Image result for stash app

What: A micro-investment app (iOS and Android) with over 30 ETFs according to industry, sector and risk tolerance.

How it works: Download the app and choose your investment.

Minimum investment: $5

Cost: Fees range from $1 a month for accounts under $5,000 to 0.25% a year.

“We help people who don’t have a lot save money on a weekly basis,” CEO and co-founder Brandon Krieg said in one interview. “Stashers look like America, they look like people you meet every day: they are nurses and teachers and Uber and Lyft drivers.”

2. Acorns

 

What: iOS and Android app.

How it works: Download the app and choose one of six index funds. When you buy, say a cup of coffee for $1.75, it rounds up the change to $2 and deposits the difference.

Minimum investment: $5

Cost: Just like Stash, fees range from $1 a month for accounts under $5,000 to 0.25% a year.

“We’re not trying to preach austerity to the client, because that’s a bummer,” CMO Manning Field says. “Some people will say, ‘Don’t have the cup of coffee.’ We’ll tell you to have the cup of coffee and invest along the way.”

3. Robinhood

What: A commission-free investment app (iOS and Android).

How it works: Download and start buying stocks.

Minimum investment: Whatever stock you want to buy.

Cost: Free.

And by the way, if you want to get a fast start on real estate, here’s Forbes’ list of nine REITs with yields between 8% and 10%.

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CHART: How Blockchain Powers Bitcoin

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Blockchain, Bitcoin. Bitcoin, blockchain.

The two terms go hand in hand—and have become almost ubiquitous with this year’s insane rise (and fall) of Bitcoin.

But what does it all really mean? How does it come together? In this week’s chart, our friends at CB Insights break down exactly how blockchain powers Bitcoin.

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VIDEO: Shark Tank’s Mr. Wonderful Demonstrates Compound Interest

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How young should your children be when you start teaching them about money? How should I teach my children about money?

The key to children and money is explaining what it is to them early in life. Shark Tank’s Mr. Wonderful, Kevin O’Leary, answers all these questions with this tip on explaining compound interest to your kids.

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