Cathie Wood, chief executive of Ark Investment Management, traded familiar names Thursday, purchasing a cryptocurrency exchange and selling a digital entertainment company. All the valuations below ar...
Tag: ARK
Cathie Wood’s Ark Invest Grabs More Than Half a Million Coinbase Shares as Exchange’s Stock Plummets
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Cathie Wood’s Ark Invest makes first-ever bet on General Motors after criticizing automaker
Famed stock picker Cathie Wood has had a sudden change of heart on General Motors (GM). Wood’s Ark Investment Management snapped up 158,187 shares of the Detroit-based car manufacturer on beha...
Cathie Wood: The ARK Founder Indicates The End Of Bear Market, Bullish About Blockchain Tech
Cathie Wood recently expressed her optimistic views about the crypto industry in a new video update. Bitcoin (BTC) dropping along with the stock market is a temporary phenomenon, highlights the ...
ARK Invest’s Cathie Wood Says Crypto Nearing End of Bear Market, Predicts Explosion in Blockchain Technology
ARK Invest founder Cathie Wood says that the increasing correlation between crypto and traditional assets indicates that the bear market will soon be over. In a new video update, Wood says that the bo...
Cathie Wood Watch: Ark Buys Shopify, Coinbase, LatAm E-Commerce Firm
Investment luminary Cathie Wood, chief executive of Ark Investment Management, on Thursday bought and sold familiar names, including a Latin American e-commerce company. Wood snagged several technolog...
Cathie Wood’s ARK Innovation Sees Biggest Cash Inflow in a Year
(Bloomberg) — Cathie Wood’s fans are pouring cash back into her flagship ARK Innovation ETF, the growth-stock fund that is starting to rebound from the steep losses seen this year. Most Read fro...
Cathie Wood Watch: Ark Buys a Sagging Healthcare Stock
Renowned investor Cathie Wood, chief executive of Ark Investment Management, did more selling than buying on April 29, including the sale of a personalized-health-care-benefits provider for companies....
ARK Crushed By Concentrated Bet In Teladoc
Shares of Teladoc (TDOC) crumbled on Thursday after the company reported dismal earnings for the first quarter. The 47% drop in shares of the telemedicine provider was a big blow for Cathie Wood’s ARK...
Cathie Wood’s Ark Fund Plunges To Two-Year Low As Teladoc Stock Crashes, Tesla Slips Again
Topline New York City-based Ark Invest’s flagship fund posted staggering losses Thursday as top holdings like Tesla, cryptocurrency exchange Coinbase and virtual healthcare firm Teladoc slumped ...
Cathie Wood Watch: Ark Adds to Tech Favorites, Swaps EV Producers
Renowned investor Cathie Wood, chief executive of Ark Investment management, on Thursday continued to bulk up on some of her favorite technology stocks. She also bought shares of one major electric-ve...
Cathie Wood’s Ark Invest Sold $160 Million In Tesla Stock But Splurged On Streaming Giant Roku Amid Netflix Crash
Topline As a rash of disappointing earnings battered the already-struggling technology industry this week, famed stock-picker Cathie Wood, the CEO of New York City’s ARK Invest, cashed in on rec...
Which ARK Innovation Stocks Are Most Bounce-Worthy?
Popular innovation investor Cathie Wood of ARK Invest has seen her funds sink at a rapid pace over the past few quarters. Her flagship ARK Innovation Fund (ARKK) has already lost over two-thirds of it...
Cathie Wood’s Ark Now Sees Tesla Shares More Than Quadrupling
(Bloomberg) — Cathie Wood’s Ark Investment Management now expects Tesla Inc. shares to more than quadruple to $4,600 by 2026. Most Read from Bloomberg Ark last year said it saw shares of the ele...
Cathie Wood Watch: Ark Buys a Fascinating Tech Stock, More Biotech
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on Tuesday continued her recent patterns, buying biotechnology stocks, a spectrometry stock, a 3D printer maker and a robot...
Cathie Wood: ARK Invest ‘Chose Block Over PayPal’ Due To Cash App’s Bitcoin Focus
ARK Invest, the New York-based investment house helmed by long-time Bitcoin supporter Cathie Wood, has sold off all of its holdings in PayPal and is now leaning towards Jack Dorsey’s firm Block ...
Cathie Wood Watch: Ark Buys Roku, Bulks Up on Biotech, Sells Twitter
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on Monday bought shares of a top video-streaming company, several biotechnology companies and an array of other tech-relate...
Ark Invest ditches PayPal for Cash App
The founder of crypto investment firm Ark Invest, Cathie Wood, has sold all her shares in PayPal to invest in the Cash App payment system that uses Bitcoin Lightning Network. Ark Invest invests in Cas...
Cathie Wood’s Ark Invest Bets Big on Cash App, Dumps PayPal
American asset management company Ark Invest has sold its holdings of fintech giant PayPal and backed Bitcoin-friendly Cash App. This comes after Cathie Wood, CEO of Ark Invest, revealed her preferenc...
Cathie Wood’s Ark Invest Shows Back To PayPal, Turns Head Towards BTC inclined Cash App
Ark Invest founder Cathie Wood has recently taken the move to opt for a cash app and has taken down the confidence in PayPal. She believes that Venmo has initiated to accommodate Bitcoin, but it...
Ark Invest drops PayPal for CashApp 1
TL; DR Breakdown Ark Invest chooses CashApp ahead of PayPal The firm explains its reasons for picking CashApp Cathie Wood drums support for Bitcoin Ark Invest will no longer be holding on to its PayPa...
Ark Invest CEO Wagers on Cash App over PayPal’s Venmo for the Long Run
Ark Invest CEO Cathie Wood thinks Cash App is a better bet than Venmo in terms of long-term opportunities. Wood opined that PayPal’s Venmo is merely following the trail set by Cash App and will always...
Ark Invest dumps PayPal holdings for Cash App
Ark Invest, a popular company, operating in the cryptocurrency sector, has announced dumping all its holdings in PayPal. The company is now showing a positive investment stand for CashApp, a subsidiar...
Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App
Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which us...
Ark CEO Cathie Wood Is As Bullish As Ever, Sees Bitcoin Hitting $1 Million By 2030
Cathie Wood repeated her positive view on bitcoin this week at the Bitcoin 2022 conference in Miami, Florida. The Ark Invest chief executive forecasts the crypto will reach $1 million by 2030 in a pre...
MicroStrategy’s Saylor and ARK Invest’s Wood aren’t worried about bitcoin and regulation
MicroStrategy CEO Michael Saylor said that two years ago, Merrill Lynch laughed him out the door when he said he wanted to buy bitcoin. “They said ‘not only are we not going to sell it to you, we’ll g...
Cathie Wood’s ARK Snaps Up Nearly $20 Million of UiPath Stock
Text size Cathie Wood’s ARK Innovation ETF purchased 867,331 shares of UiPath on Monday. Courtesy of ARK Cathie Wood’s ARK Innovation exchange-traded fund purchased 867,331 shares of UiPath , th...
ARK Invest’s Cathie Wood Says Bitcoin Part of Wave of Disruptive Innovation, Compares BTC to Tesla, Amazon
ARK Invest founder Cathie Wood says she views Bitcoin (BTC) as a “disruptive innovation” in line with corporate giants like Amazon, Apple and Tesla. In a new YouTube video, Wood explains how recent hi...
Ark Invest’s Cathie Wood: Federal Reserve Interest Hikes a Big Mistake
Founder of Ark Investment Management and crypto evangelist Cathie Wood has been airing her views on the Federal Reserve interest rate adjustments over the weekend. In a series of tweets over the weeke...