ARK ETF Founder Cathie Wood joins Yahoo Finance Live for a wide-ranging interview on the state of the crypto market, Elon Musk, Fed policy, Teladoc, and more.
Yahoo Finance Live’s Brad Smith discusses Amazon, Pinduoduo, and Tesla stock performance.
"When there are macroeconomic risks, it is generally wise to avoid using margin loans on any company, as stocks may move in ways that are decoupled from their long-term potential," Musk tweeted late on Thursday, without naming any companies. The view comes as Musk's bankers consider providing him with new margin loans, backed by Tesla's stock, to replace some of the high-interest debt on his Twitter deal, as per a Bloomberg News report. Musk closed the Twitter acquisition with $13 billion in loans from banks and a $33.5 billion equity commitment.