After Coinbase Global Inc. COIN’s positive quarterly results, it was reported by Coindesk that Cathie Wood-headed ARK Investment Management bought 213,519 shares for an estimated $13 million. Interest...
Tag: Arks
Ark’s Cathie Wood Stands by $500,000 Bitcoin (BTC) Price Prediction
Alex Dovbnya Superstar investor heaped praise on Bitcon and Ethereum during recent interview During a Wednesday interview with CNBC, Ark Invest head Cathie Wood doubled down on her uber-bullish predic...
ARK’s Cathie Wood predicts these innovations will soar 40% in value every year to over $200 trillion by 2030
Hypersonic flight, 3D printed humanoid robots, groceries delivered by drones, molecular biomarkers for early detection of malignant tumors – these are just some of the many goods and services that cou...
SEC bats down ARK’s and 21Shares’ second bitcoin ETF proposal
The Securities and Exchange Commission has rejected a spot bitcoin exchange-traded fund proposed by ARK Investment Management and 21Shares. The decision marks the second time ARK and 21Shares ...
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 ...
Investor Daniel Loeb Unleashes Criticism of Ark’s Cathie Wood
Star investor Daniel Loeb, chief executive of Third Point, is none too impressed with his counterpart Cathie Wood, chief executive of Ark Investment Management. Ark’s exchange-traded funds (ETFs) have...
Ark’s Cathie Wood Raises Concerns Over Hiking Interest Rates
12 seconds ago | 2 mins read Bitcoin News It will be more like 1929 if the Fed doesn’t change course, she said. Wood said it’s possible we’re going back to the Roaring Twenties. Cathie Wood, founder,...
ARK’s Cathie Wood Bought $100K Worth of Bitcoin Years Ago at $250 and Has Never Sold It
Appearing on Peter McCormack’s “What Bitcoin Did” podcast, ARK Investment Management CEO Cathie Wood said she purchased $100,000 worth of bitcoin (BTC) when it was trading around $25...
Ark’s Cathie Woods Bought $100,000 Worth of Bitcoin at $250, Here’s What Happened Next
Arman Shirinyan Famous investment manager made small fortune by investing in first cryptocurrency back in the day Contents Woods’ $7 million investment Accurate prediction According to Cathie Wo...
Ark’s Cathie Wood Continues to Stumble
It’s been a rough 2022 for famed money manager Cathie Wood, chief executive of Ark Investment Management, as her exchange-traded funds sink. Wood’s flagship fund, Ark Innovation ETF (ARKK) , plunged ...
ARK’s Cathie Wood issues open letter to the Fed, saying it is risking an economic ‘bust’
Cathie Wood, Founder, CEO, and CIO of ARK Invest, speaks at the 2022 Milken Institute Global Conference in Beverly Hills, California, May 2, 2022. David Swanson | Reuters The Federal Reserve likely is...
ARK’s Cathie Wood Sees 50% GDP Increase Over Next Decade
Cathie Wood said investors could look forward to a 50% increase in global GDP over the next decade, driven by artificial intelligence. In a wide-ranging interview with Bloomberg’s Ed Ludlow at the inv...
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 criticism has gone too far, despite ARK’s worst ever month
Shortly over a year ago, the market thought Cathie Wood’s ARK Innovation Fund was the best ARK since Noah’s iteration saved the animal kingdom. ARKK was up 668% since its launch in late 2014, with inv...
ARK’s Cathie Wood: ‘Doesn’t Make Sense’ No Bitcoin Spot ETF Yet
On April 1, Cathie Wood’s ARK Invest became the latest applicant to get denied by the SEC for a Bitcoin spot ETF. The ETF would have traded on the Cboe in partnership with 21Shares and Coinbase,...
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...
SEC Rejects Ark’s Bitcoin Spot ETF Application
Key Takeaways The SEC has rejected an ETF proposed by Ark Invest and 21shares that was intended to be offered via the Cboe BZX exchange. The proposal was rejected on the grounds that the exchange̵...
Ark’s Cathie Wood Doesn’t Think Zoom is a ‘Pandemic’ Stock
Ark Investing CEO Cathie Wood seemingly went from never being wrong to never being right during the span of the pandemic. Her company invested in a lot of stocks that flew high during the early days o...
Ark’s Cathie Wood Says Passive Investing Sparked The ‘Most Massive Misallocation Of Capital In The History Of Mankind’
Topline Speaking at the Forbes 30/50 Summit in Abu Dhabi on Monday, famed stock picker, Cathie Wood, of Ark Invest sharply criticized passive investing and touted disruptive innovation stocks, even as...
‘I think we’re going to see some spectacular returns,’ says ARK’s Cathie Wood
“Given our expectations for growth in these new technologies, I think we’re going to see some spectacular returns.” That was the chief executive officer of ARK Invest, Cathie Wood, who gave an optimis...
Ark’s Cathie Wood Makes the Case for Her Stocks
Star investor Cathie Wood of Ark Investment Management has been adamant in recent weeks that the decline of tech stocks represents a buying opportunity rather than a sign of distress. She defended her...