Cathie Wood, chief executive officer and chief investment officer, Ark Invest, gestures as she speaks during the Bitcoin 2022 Conference at Miami Beach Convention Center on April 7, 2022 in Miami, Flo...
Tag: Cathie
Elon Musk and Cathie Wood Say Passive Investing Has Gone Too Far
(Bloomberg) — Elon Musk and Cathie Wood criticized passive investing in a Twitter thread, weighing in on a controversial and unresolved debate. Most Read from Bloomberg Their discussion was spar...
Cathie Wood Watch: Ark Buys a Sagging Healthcare Stock
Renowned investor Cathie Wood, chief executive of Ark Investment Management, did more selling than buying on April 29, including the sale of a personalized-health-care-benefits provider for companies....
Cathie Wood’s Worst Nightmare Comes True
In 2020, the world went into lockdown. Health officials declared Covid-19 a global pandemic and planes stopped flying, bars, gyms and theaters closed, and people retreated to their homes to wait out t...
Cathie Wood Watch: Doubling Down on Falling Stock
True to her style, Cathie Wood, chief executive of Ark Investment Management, doubled down on one of her stocks when it was in trouble on April 28. Ark funds bought 609,665 shares of online health-ser...
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,...
Cathie Wood Stock Pick Teladoc Sinks 40% After Slashing Forecast
(Bloomberg) — Teladoc Health Inc., a telemedicine company that is one of Cathie Wood’s biggest investments, lost almost half its value Thursday after slashing its forecast on cost inflation and ...
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 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 Thanks Musk for Twitter Deal Despite Tesla Stock Hit
(Bloomberg) — Cathie Wood, a long-time champion of Elon Musk’s Tesla Inc., thanked him for his purchase of Twitter Inc. — a move he said would unleash the site’s “tremendous potential.” Mo...
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 Says Fed Won’t Hike as Much as Market Priced In
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg The Federal Reserve isn’t going to hike rates as much as m...
Cathie Wood Watch: Ark Adds to Tech Favorites, Swaps EV Producers
Renowned investor Cathie Wood, chief executive of Ark Investment management, on Thursday continued to bulk up on some of her favorite technology stocks. She also bought shares of one major electric-ve...
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’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...
Cathie Wood’s Ark Now Sees Tesla Shares More Than Quadrupling
(Bloomberg) — Cathie Wood’s Ark Investment Management now expects Tesla Inc. shares to more than quadruple to $4,600 by 2026. Most Read from Bloomberg Ark last year said it saw shares of the ele...
BlockchainCom Co-Founder Rebuts Cathie Wood’s Swipe
BlockchainCom Co-Founder Nicolas Cary called out Cathie Wood’s positions having been trimmed off 50% after Wood implied the crypto exchange’s valuation was unjustifiable. Last month, the company rais...
Why Blockchain.com Co-Founder Disagrees With Cathie Wood’s ‘Valuations’
In an interview with CNBC, Ark Invest CEO Cathie Wood compared the valuations of Blockchain.com and Coinbase. Wood had remarked, “If you look at the others like Blockchain.com, its valuation over the ...
Cathie Wood Watch: Ark Buys a Fascinating Tech Stock, More Biotech
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on Tuesday continued her recent patterns, buying biotechnology stocks, a spectrometry stock, a 3D printer maker and a robot...
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: ARK Invest ‘Chose Block Over PayPal’ Due To Cash App’s Bitcoin Focus
ARK Invest, the New York-based investment house helmed by long-time Bitcoin supporter Cathie Wood, has sold off all of its holdings in PayPal and is now leaning towards Jack Dorsey’s firm Block ...
Cathie Wood Watch: Ark Buys Roku, Bulks Up on Biotech, Sells Twitter
Renowned investor Cathie Wood, chief executive of Ark Investment Management, on Monday bought shares of a top video-streaming company, several biotechnology companies and an array of other tech-relate...
Cathie Wood’s Ark Invest Bets Big on Cash App, Dumps PayPal
American asset management company Ark Invest has sold its holdings of fintech giant PayPal and backed Bitcoin-friendly Cash App. This comes after Cathie Wood, CEO of Ark Invest, revealed her preferenc...
Cathie Wood’s Ark Invest Shows Back To PayPal, Turns Head Towards BTC inclined Cash App
Ark Invest founder Cathie Wood has recently taken the move to opt for a cash app and has taken down the confidence in PayPal. She believes that Venmo has initiated to accommodate Bitcoin, but it...
Cathie Wood Invest Chose Block Over PayPal, SQ Shares Down 2%
Cathie Wood and Ark Invest have invested in Bitcoin and blockchain technology through the decentralized financial ecosystem (DeFi). In an interview with CNBC correspondent Kate Rooney during the 2022 ...
Cathie Wood’s Ark Invest dumps PayPal favoring Bitcoin-friendly Cash App
Crypto investment company Ark Invest founder, Cathie Wood, has dumped all of the firm’s holdings of PayPal and showed greater confidence in the long-term growth of the Cash App payment system which us...
Is Cathie Wood is a Victim of Her Own Success?
Fund manager Cathie Wood has been having a tough time of it lately as many of the tech stocks she favors have fallen sharply in this year’s market swoons. Wood runs seven different ARK ETFs and...
Crypto has possessed a big problem for the banks, Says Cathie Wood
Wood said how much premium financial backers are appearing in or decentralized money could undermine the conventional financial world There’s been a share shift when it comes to loans in DeFi Decentra...