The official GDP estimate for Q2 won’t be available until later next month, but many experts – including Ark Invest’s Cathie Wood – are calling for a recession. “We think we are in a recession,” Wood ...
Tag: Cathie
Cathie Wood Does Not Understand Algorithmic Stablecoins
The recent crypto slump may have left many investors shaken in fear, as bad news like major crypto firms falling prey to liquidity crisis and exchanges drastically cutting headcounts continue occupyin...
Cathie Wood Says Crypto Revolution Will Not Be Stopped
Alex Dovbnya Ark Invest CEO Cathie Wood is convinced that cryptocurrency revolution will not be stopped In a recent interview with CNBC, Ark Invest CEO Cathie Wood sounded upbeat about the future of c...
Cathie Wood: the importance of digital property rights
Today’s NFT News includes a speech by Cathie Wood, CEO of Ark Invest, who claims that digital property rights related to Non-Fungible Tokens and DeFi, “will become incredibly important”. Not only that...
Cathie Wood’s Take On Future Of Algorithmic Stablecoins
Cathie Wood, CEO of Ark Invest, said there is no stopping the crypto revolution despite the ongoing downturn in the space. She said the revolution around crypto is underway and it will not be stopped....
Cathie Wood’s flagship fund has taken in over $600 million
Investors are pouring millions of dollars into Cathie Wood’s flagship ARK Innovation ETF (ARKK), despite its free-fall from pandemic highs. Even as the strategy comes off of its worst drawdown since i...
Cathie Wood: I Erred On Inflation, But Recession is Here
Hotshot investor Cathie Wood, chief executive of Ark Investment Management, has said repeatedly in recent weeks that we’re headed for disinflation soon. But she acknowledges that she failed to realize...
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’s Cathie Wood says the U.S. is already in a recession
Ark Invest CEO Cathie Wood said Tuesday that the U.S. is already in an economic downturn, and she admitted that she underestimated the severity and lasting power of inflation. “We think we are i...
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 ...
Cathie Wood Watch: Ark Sells Spatial Data Company’s Stock
Famed investor Cathie Wood sold shares of a spatial data company and a familiar biotechnology name June 22. And for the second day in a row, she bought shares of an autonomous vehicle company and a di...
Cathie Wood warns the Fed are ignoring dangerous signals as it plows ahead with draconian rate hikes
The U.S. Federal Reserve risks weak economic growth throughout this year due to its backward-looking, “draconian” rate hikes, warned Wall Street’s best-known tech sector bull. ARK Invest founder Cathi...
Cathie Wood’s Ark Invest says a coming ‘worker backlash’ could see Zoom skyrocket 1,263% by 2026
Cathie Wood’s Ark Invest says a coming ‘worker backlash’ could see Zoom skyrocket 1,263% by 2026 Zoom Video Communications (ZM) was one of the hottest stocks during the early days of the p...
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...
With remote workers ready to strike back, Cathie Wood’s Ark Invest says Zoom could skyrocket 1,227% by 2026
With remote workers ready to strike back, Cathie Wood’s Ark Invest says Zoom could skyrocket 1,227% by 2026 Zoom Video Communications (ZM) was one of the hottest stocks during the early days of the pa...
Cathie Wood: They Have Got Some Strong HODLers
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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...
Cathie Wood’s Zoom Price Target is Amazing
Zoom Video Communications (ZM) – Get Zoom Video Communications Inc. Report was a big winner during the early part of the covid pandemic. Shares of the video conferencing company shot higher thr...
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...
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...
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...
Cathie Wood Sees Huge Inventories as Evidence Inflation Will Ebb
(Bloomberg) — Cathie Wood says the massive inventories now held by US companies suggest that inflation will die down. Most Read from Bloomberg “I’ve never seen inventory surges like this in my c...
Cathie Wood: Big Upside Volatility For Bitcoin, On-Chain Data Shows Green For BTC
ARK Investment’s Cathie Wood has recently expressed her views about Bitcoin (BTC) and Bitcoin futures. The on-chain metrics counsel that Bitcoin is within the technique of carving a backside, ci...
Cathie Wood’s Asset Plunge Is Biggest Among ETF Issuers in 2022
(Bloomberg) — Cathie Wood’s Ark Investment Management is suffering a steeper drop in assets than almost any other US exchange-traded fund issuer this year. Most Read from Bloomberg Ark’s lineup ...
Cathie Wood’s Ark Rebounds: A Dead-Cat Bounce?
Is it just a dead-cat bounce or the sign of something bigger? Renowned investor Cathie Wood’s flagship Ark Innovation ETF (ARKK) – Get ARK Innovation ETF Report is on the rebound. It has bounc...
ARK Invest’s Cathie Wood Says Big Upside Volatility Coming for Bitcoin As On-Chain Data Flashes Green for BTC
ARK Invest founder Cathie Wood is predicting a big upswing for Bitcoin as BTC’s on-chain metrics flash bullish signals. In a new episode of the hedge fund’s In the Know YouTube series, Wood says that...
Cathie Wood Watch: Ark Piles Into Nvidia, Buys an AI Biotech
Renowned investor Cathie Wood, chief executive of Ark Investment Management, for a second day bought big into one of the world’s biggest semiconductor makers after staying away from it for at least se...
Nvidia Revives After 7 Months As Cathie Woods Acquires $44 Million Of Its Stocks
Ark Invest’s Cathie Woods, a well-liked stock picker made a massive investment in Nvidia Inc. The quarterly revenue of Nvidia’s data center crossed that of its gaming business for the initial time in ...
Cathie Wood Watch: Buys Nvidia, Organ-Transplant-Services Provider
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on May 26 bought into one of the world’s biggest and most prominent semiconductor makers, for the first time in at least se...
Cathie Wood Watch: Buys Tesla, Roku, Coinbase, Gene-Editing Firm
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on May 25 bought and sold some familiar names. All valuations below are as of Thursday’s close. For the third straight day,...