Summary Tesla, Zoom, Roku, UiPath and Exact Sciences were impacted by inflation, interest rates and other factors. As we head into a new year, investors are taking a look at their portfolios to determ...
Tag: cathie wood
Cathie Wood’s Ark Invest adds another $2.5 million in Coinbase shares
Cathie Wood’s Ark Invest loaded up on more Coinbase shares Thursday, continuing this week’s spending spree as the stock rallies. Ark added 52,813 Coinbase shares to its Ark Innovati...
Cathie Wood sees ‘wall of worry’ ignoring blockchain tech, digital wallets and ChatGPT
Ark Invest founder and CEO Cathie Wood said equity markets plagued by a “wall of worry” have “largely ignored” game-changing innovation last year that included blockchain techn...
Tesla Bulls Show What Unconditional Love Really Is
What’s not to love? Wall Street analysts are standing by their man despite going through a rough patch. (Photo by Christian Marquardt – Pool/Getty Images) Getty Images If Wall Street’s lov...
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...
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’s Ark Buys $60 Million In Bitcoin, Crypto Stocks After FTX Collapse Even As Analysts Fear Contagion Risk
Topline Though bitcoin prices have plunged to the lowest level in two years, Ark Invest, the investment firm helmed by high-profile stock picker Cathie Wood, has doubled down on the struggling sector ...
Ark Invest picks up $2.8 million worth of Grayscale Bitcoin Trust shares
Cathie Wood’s Ark Invest bought shares in Grayscale’s Bitcoin Trust (GBTC) on Monday, days after the trust’s discount reached a new low. Ark purchased 315,259 shares of GBTC o...
Cathie Wood buys Coinbase dip, crypto stocks rise
Crypto-related stocks rose, far outpacing the broader crypto market and slightly outpacing the S&P 500, following positive inflation data in the U.S and news that Ark Invest bought the Coinbase di...
Cathie Wood Loads Up On Tesla Stock During Sell-Off
Summary The ARK Innovation ETF purchased $13.7 biliion worth of stock. Tesla reported its earnings on Wednesday evening. After Tesla Inc. (TSLA, Financial) shares fell on Thursday on the back of lackl...
Cathie Wood Warns Against Extreme Fear Of Innovation Gripping The Market
The famed stockpicker is doubling down on her favorite “disruptive innovation” stocks despite a market drubbing. Jamel Toppin/The Forbes Collection Undeterred by the market selloff this year, Ark Inve...
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...
Cathie Wood’s Ark Splurged On $32 Million In Tesla Shares During $70 Billion Stock Plunge
Topline Cathie Wood’s Ark Invest splurged on shares of Tesla on Monday as shares of the electric vehicle-maker helmed by Elon Musk tumbled to their lowest level in 11 weeks—doubling down on a lofty in...
Cathie Wood’s Ark Invest Buys $60 Million In Nvidia Stock After Chipmaker’s $40 Billion Plunge
Topline Cathie Wood’s Ark Invest splurged on shares of Nvidia on Monday after the gaming-focused chipmaker warned it likely missed revenue projections last quarter—doubling down on a lofty investment ...
Cathie Wood Claims Economy Already In A Recession—Warns Inflation And Inventories Pose ‘Big Problem’
Topline High-profile stock picker Cathie Wood conceded to being wrong about the duration of high inflation that’s contributed to her fund’s steep decline this year while doubling down on h...
Ark Invest CEO Cathie Wood’s Net Worth Slashed By 65% As Tech Bets Sour In 2022
Ark’s flagship ETF is crashing but Wood is doubling down, increasing her stake in her firm and betting on tech outfits like Tesla, Zoom and Coinbase to eventually rebound. Cathie Wood became a cult he...
The S&P 500 Is Missing The Energy Bull Market, Are You?
Spiking energy prices are taking a bite out of consumers’ wallets. getty “We’re going to make sure everyone knows Exxon’s profits. Exxon made more money than God last year,” President Biden said...
Cathie Wood’s Ark Invest Buys Moderna Stock After $100 Billion Crash—And Sells Rival Vaccine-Maker Pfizer
Topline New York City investment firm Ark Invest, helmed by high-profile stock picker Cathie Wood, offloaded a large chunk of top-holding Pfizer on Wednesday and poured into rival vaccine-maker Modern...
Musk Lashes Out At ESG As The Brand Starts To Lose Its Luster
BEIJING, CHINA – OCTOBER 23: (CHINA OUT) Elon Musk, Chairman, CEO and Product Architect of Tesla … [+] Motors, addresses a press conference to declare that the Tesla Motors releases v7.0 S...
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’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 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...
Cathie Wood And Michael Saylor Take A Victory Lap Over Bitcoin Skeptics Coming Around
MicroStrategy CEO Michael Saylor and Ark Invest CEO Cathie Wood Bitcoin 2022 Taking the stage at the Bitcoin 2022 conference in Miami, MicroStategy CEO Michael Saylor and Ark Invest CEO Cathie Wood ar...
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...
Cathie Wood Defends Struggling Tech Stocks As Flagship Fund Craters
Topline Famed stock picker Cathie Wood, the CEO of New York City investment firm Ark Invest, doubled down on her staunch bullishness for disruptive technology even while Ark’s flagship fund crat...
3 REITs Growing Dividends 62%+
Real estate investment trusts REITs. Shopping cart and model of house. getty There’s a “double shot” of upside waiting for us in real estate investment trusts (REITs) right now, and some of these comp...
A Structured Note Pays 8%. Is This A Good Deal?
At Wall Street’s casino, it’s heads you break even, tails you lose. Vegas, 1966. Bettmann Archive “I am a recent retiree and my financial advisor recommended that I invest in structured investments th...
Cathie Wood Buys More Robinhood And Tesla, Tells Investors To Take ‘Advantage’ Of Volatility
Topline Widely-followed stock picker Cathie Wood of Ark Invest, looking to bounce back as her funds continue to underperform, is using recent market volatility to buy the dip on big growth names like ...