High-profile fund manager Cathie Wood’s ARK Investment Management has increased holdings of e-commerce company Shopify and shed chip maker Nvidia the group said in a statement. ARK snapped up about $3...
Tag: ARKK
The Stock Market Is in the Mood to Rally, Even if It Defies Logic
Text size John Taggart/Bloomberg Oh, what a difference a few simple words can make. “The disinflationary process has started,” said Federal Reserve Chairman Jerome Powell at Wednesday’s press conferen...
Cathie Wood Says ARKK Is ‘the New Nasdaq’
(Bloomberg) — Cathie Wood’s funds had a scorching start to the year and she wants investors to know it. Most Read from Bloomberg The founder and chief executive officer of ARK Investment Managem...
Where Are Stocks, Bonds and Crypto Headed Next? Five Investors Look Into Crystal Ball
A new trading year kicked off just weeks ago. Already it bears little resemblance to the carnage of 2022. After languishing throughout last year, growth stocks have zoomed higher. Tesla Inc. and Nvidi...
Tesla, ARKK rally as 2021 energy returns to 2023 stock market
A market rally on Friday accentuated by rips higher in some battered and bruised technology stocks that faltered last year are making this year’s price action look a lot like 2021’s rally....
Bonds say inflation has peaked, but here’s what Cathie Wood says the stock market needs to hear to stage a bona fide rally
Bullish stock investors have gotten punched in the month so far this week, after a relatively cheery kickoff to 2023 following an ugly 2022. Cathie Wood, however, has some thoughts about what might tr...
ARK’s Cathie Wood Isn’t Backing Down. She Explains Exactly Why.
The core ARK Innovation ETF run by Wood fell 67% last year. But she remains staunchly bullish on the likes of Tesla, Zoom, and Roku. Updated Jan. 6, 2023 1:45 pm ET / Original Jan. 6, 2023 1:42 pm ET ...
Cathie Wood Buys $19 Million In Tesla Stock As New ‘Major Worry’ Emerges
Topline Ark Invest, the firm led by prominent stock picker Cathie Wood, bought up millions worth of Tesla during the electric vehicle maker’s worst daily dip in more than two years as Wood continues t...
BTC performed better than ARKK, MSTR, COIN despite 65% fall in 2022
CryptoSlate looked into Glassnode data representing year-to-date (YTD) reviews of leading assets and currencies and revealed that Bitcoin (BTC) performed better than Ark Innovation ETF (ARKK), MicroSt...
Don’t buy ARKK ETF stock in 2023: Buy this alternative instead
Ark Innovation Fund (NYSE: ARKK) stock price has been in a freefall as constituent companies implode. Cathie Wood’s flagship ETF crashed to a low of $29.29, the lowest level since August 2017. It has ...
Will Cathie Wood’s ARKK Fund Bottom This Year? Check the Chart.
It hasn’t been this bad for growth stocks in 20 years, since the dot-com boom and bust. If the ARK Innovation ETF (ARKK) – Get Free Report was around then, it would have likely experienced mov...
Hedge Fund Billionaire Loeb Slams ‘Stonk’ Picker Cathie Wood
Topline Daniel Loeb, the billionaire founder of the hedge fund Third Point, took to Twitter Wednesday to criticize famed investor Cathie Wood for her investing strategies, piling onto recent pushback ...
Cathie Wood says the better historical parallel for the current high inflation environment is World War I, not the 1970s
Ark Invest CEO Cathie Wood says investors are looking at the wrong historical period in making comparisons with the current high inflation environment. “If you go back to the 19-teens, then the period...
Battered SPACs and Closed-End Funds Finally Look Tempting. How Investors Can Play Them.
With apologies to the Bard, SPACs are now in disgrace with fortune and men’s eyes, along with other excesses, such as meme stocks and nonfungible tokens. But some special purpose acquisition companies...
Zoom,Tesla Growth Made Arkk Surged Upto 14%
Approximately 48 million shares of ARKK have a 30-day average volume of about 25 million. Ark Investment Management investment management company, headquartered in St. Petersburg, Florida, controls va...
Cathie Wood’s ARKK hits 2017 low as FTX collapse spurs crypto wreck
The flagship exchange-traded fund of ARK Invest has fallen to its lowest level in five years after cryptoworld’s latest crisis sent risk assets into a tailspin this week. Ark Innovation (ARKK), the fi...
Cathie Wood’s ARKK Slips on Roku Downgrade
Cathie Wood’s ARKK Innovation ETF (ARKK) slipped again as shares of Roku Inc., known for its television streaming services, plummeted after reporting lackluster quarterly earnings. Roku, ARKK’s third-...
ARK Innovation ETF Closed Below Its Covid-Era Low. Why It Might Stay There.
Cathie Wood’s flagship exchange-traded fund finally closed below its early pandemic lows on Friday, after slipping below that line in intraday trading twice this week. The $7.1 billion ARK Innovation ...
Amazon and Other Growth Stocks Have Been Hammered. Get Ready to Buy.
Text size Amazon shares are down 27% for the year. Mark Makela/Getty Images Growth stocks have been crushed this year, but several indicators point to a recovery soon—and investors should get ready to...
Cathie Wood’s ARKK Sees Biggest Monthly Outflow in Nearly a Year
(Bloomberg) — Cathie Wood’s fans turned tail last month, pulling out the most money from her flagship fund in nearly a year as it continues to flounder. The $8 billion Ark Innovation ETF (ticker...
Cathie Wood’s ARK Innovation ETF tumbles after Fed Chair Powell’s Jackson Hole speech
Cathie Wood’s flagship ARK Innovation ETF ARKK, -6.42% has taken a steep drop in midday trading as the technology sector sinks following Fed Chair Jerome Powell’s speech Friday morning at ...
Should You Do a Roth Conversion? How It Can Help With Your Taxes.
The first half of this year marked the worst performance for the S&P 500 since 1970. With inflation soaring and interest rates rising, the index posted a loss of 20.6%. The dire sentiment may hav...
Stocks Could Keep Rising If the Fed Shows Restraint
Text size As the market rebounds, speculative stocks are stirring. For proof, consider Cathie Wood’s ARK Innovation ETF, up about 40% since mid-June. David Swanson/Reuters/Alamy What bear market? Stoc...
Opinion: Elon Musk shows in ‘funding secured’ trial that he does not live in the real world
San Francisco has been home in recent days to an upside-down world of contrasts where one of the world’s richest men, Elon Musk, enters a federal courtroom with four security staff in tow to portray h...