Text size Cathie Wood’s ARK sold Coinbase stock but still owns 3.5% of the company. Marco BelloGetty Images Investors in Coinbase Global have been taken on a painfully vertical ride this year, w...
Tag: ARKK
Tech Rebound Drives Equity Advance As The Dollar Hits New Highs
(Photo by Andrew Burton/Getty Images) Getty Images Stocks indices in the U.S. posted significant gains last week, led by a recovery in beaten-down technology companies. The Ark Innovation Fund ETF, $A...
S&P 500, Nasdaq book 3rd day of gains after Fed minutes point to another big rate increase this month to tackle inflation
U.S. stocks end higher Wednesday after minutes of the Federal Reserve’s June policy meeting signaled another big interest rate-hike is likely later this month despite the risk of slowing economic grow...
Cathie Wood’s ARKK Posts Longest Inflow Streak in Over a Year
(Bloomberg) — Cathie Wood’s flagship fund has posted its longest streak of inflows in over a year as it fights back from an interest rate hike-fueled decline. Most Read from Bloomberg Investors ...
Energy and these 2 other sectors led the S&P 500. Now they’ve tanked. Here’s why that could be good for the stock market.
An unwind of the stock market’s best performing sectors had to happen eventually. And that may be just what this bear market ordered, according to Jonathan Krinsky, chief market technician at BTIG. Si...
Pro: ‘Cathie Wood’s ARKK will continue to go down in the long term’
Chances of a recovery in Cathie Wood’s flagship Ark Innovation ETF are rather slim, says Danielle Shay. She’s the Director of Options at Simpler Trading. Shay sees more downside in ARKK AR...
Could These Be The Best Dividend Stocks Of The 2020s?
BURBANK, CA – FEBRUARY 01: An Exxon gas station advertises its gas prices on February 1, 2008 in … [+] Burbank, California. Exxon Mobil Corp. has posted an annual profit of $40.6 billion, ...
Cathie Wood’s ARKK tests pandemic low as sell-off batters fund
A meltdown across equity and cryptocurrency markets has dragged the flagship ETF for Cathie Wood’s ARK Invest closer to pandemic-era lows. The ARK Innovation ETF (ARKK) fell 8.8% Monday to $36.5...
Oil-stock trade is ‘too obvious,’ says this fund manager, who expects a pullback in prices
(Updates original story with Tuttle’s purchase of additional shares of OXY in last paragraph.) Investors’ memories can be short. The same can be said for those of stock traders. Matthew Tuttle sees th...
Cathie Wood has a simple response to Tesla getting booted out of an S&P 500 ESG index: ‘Ridiculous’
Cathie Wood isn’t pleased about one of her most popular investments, Tesla Inc., being excluded from a prominent index that tracks eco- and socially friendly companies. “Ridiculous,” was essentially W...
Has Cathie Wood’s ARKK Bottomed? Here’s a Look at the Chart.
Ark Innovation Fund (ARKK) – Get ARK Innovation ETF Report has held investors’ attention for several years. When the covid-19 pandemic struck, it was hit hard like everything else. The fu...
Stocks Nearly Entered a Bear Market. What History Says Happens Next.
Text size Everything in the markets seemed on the verge of collapse this week. NYSE It’s the moment of truth for stocks—and investors might not enjoy what comes next. For a moment this past week, the ...
As Ark’s flagship fund plunges 76% from its peak, Cathie Wood still views her stocks as residing in ‘deep value territory’
The wheels have really come off the wagon of the stock market and Cathie Wood’s ARK Invest has, arguably, seen the most dramatic fall from its parabolic rise, amid the current downdraft in markets. Ho...
Cathie Wood’s ARKK is extremely oversold. Is it a good buy now?
Things keep getting worse for Cathie Wood. The Ark Innovation Fund (ARKK) stock crashed to the lowest level since March 2020. It has declined by more than 75% from its all-time high, meaning that it h...
Every ARKK Holding Is in the Red This Year Except for Its Cash
(Bloomberg) — The violent stock selloff on Thursday means every single bet in Cathie Wood’s flagship strategy has lost money this year, with the sole exception of a money-market cash holding. Mo...
These stocks soared during the pandemic, and then crashed. Ten are now expected to double in price.
A screen of stocks that popped during the coronavirus pandemic highlights dozens that have crashed. But some are considered worthy of purchase by a majority of analysts. You might want to keep an eye ...
Cathie Wood Leads the Market in Schadenfreude – And It’s Not Hard to See Why
The ARK Invest ETFs, which are operated by Cathie Wood, are leading the market in schadenfreude. Schadenfreude is the German word for taking pleasure in the misfortune of others. In this miserable mar...
Cathie Wood’s Flagship Fund Is Down 45% This Year. Money Is Still Flowing In.
Cathie Wood’s ARK Innovation exchange-traded fund keeps falling, but investors aren’t jumping ship. Shares of the popular ETF, which is known by its ticker ARKK, have declined 45% so far in 2022—inclu...
Cathie Wood’s ARKK falls 60% from its peak, erasing all post-pandemic gains
A broad sell-off in technology stocks has dragged Cathie Wood’s main Ark Invest fund into the gutter – and it looks like it will take a long time for the popular ETF to dig itself out. The average hol...
ARK’s Cathie Wood: ‘Private markets get it,’ but disruptive tech is beaten-up in the stock market
When it comes to valuing disruptive innovation, private markets seem to understand the opportunity better than the stock market, according to Cathie Wood, founder and chief executive of ARK Investment...
Cathie Wood’s ARKK is worst-performing US equity fund in Q1 2022: Morningstar
Market watchers were taken aback when Cathie Wood’s flagship Ark Innovation fund fell 24% in 2021. This year, the widely popular ETF logged an even bigger loss in just the first quarter alone. Accor...
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...
ARKK ETF is staging a comeback. 3 constituents to buy
The Ark Innovation Fund (ARKK) stock price has rebounded in the past few weeks as investors price in a resurgence of technology stocks. The fund is trading at $70.50, which is about 35% above the lowe...
Cathie Wood Sold Tesla Stock. She Is as Bullish as Ever.
Text size Tesla stock remains the biggest position in Cathie Wood’s ARK Innovation ETF. Courtesy of ARK Cathie Wood’s ARK Innovation ETF sold about 22,000 Tesla shares Thursday, according to her...
Cathie Wood’s ARK Innovation Has Had a Bad Year. Why It Could Get Even Worse.
Text size Cathie Wood’s success in 2020 made her one of the most high-profile fund managers. Alex Flynn/Bloomberg Investors in ARK Innovation ETF, Cathie Wood’s flagship exchange-traded fund, sh...
Recession Looms, But Markets Haven’t Got the Message
After 28 trading days away from the markets*, I’ve come back to find that a new narrative of impending recession is quickly taking hold. Yet, look at the markets themselves and the story isn’t much re...