Deflation is a general decline in prices for goods and services, typically associated with a contraction in money supply and available credit in the economy. The value of money typically increases. It...
Tag: Cathie
Cathie Wood’s Ark ETF is getting crushed – the basic investing lesson we can all learn
New York –News Direct– Masterworks It’s been two years since Cathie Wood’s ARK Invest’s breakout during the pandemic, and in the time since, the fund has hit a major rough patch. In 2021, ...
Nvidia Is on Sale and Cathie Wood Is a Big Buyer
(Bloomberg) — A rebound for Cathie Wood’s exchange-traded funds may depend in part on an equally battered large-cap technology stock that’s a long-time favorite of hers — Nvidia Corp. Most...
Markets Are Spooked by Inflation. Cathie Wood and Elon Musk See a Bigger Issue
It’s no secret that investors are worried about runaway prices for goods and services, with the stock market on track to post its worst weekly run since mid-June and also nearing its worst performance...
Dow Jones Up As Stocks Struggle; New Cathie Wood Buy Rockets On This; Bitcoin Falls Investor’s Business Daily
The Dow Jones Industrial Average squeezed out a slight gain as stocks struggled. New Cathie Wood buy Twilio (TWLO) soared after the firm announced a staff cull. Coinbase (COIN) and Riot Blockchain (RI...
Cathie Wood bought these three tech stocks after the CPI print
Tech stocks were hit hard on Tuesday after the U.S. Bureau of Labour Statistics said inflation, in August, was up 0.1% (month-over-month). Cathie Wood went on a buying spree Cathie Wood – Founder of A...
Cathie Wood’s contrarian deflation call gets endorsements from Elon Musk, Jeffrey Gundlach
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...
Elon Musk, Cathie Wood sound ‘deflation’ alarm — Is Bitcoin at risk of falling below $14K?
Bitcoin (BTC) has rebounded by 20% to almost $22,500 since Sept. 7. But bull trap risks abound in the long run as Elon Musk and Cathie Wood sound an alarm over a potential deflation crisis. Cathie Woo...
Cathie Wood Sees Deflation, Lays Blame on Powell
For months famed investor Cathie Wood has said that the Federal Reserve should cease raising interest rates, that the economy is seeing deflation rather than inflation and that it’s in recession...
Reality Bites: Cathie Wood’s Flagship Suffers Outflow
Ark Innovation ETF (ARKK) , the flagship fund of renowned investor Cathie Wood’s Ark Investment Management, is finally starting to pay a price for its underperformance. Ark funds have tumbled in rece...
Cathie Wood swaps Tesla for Nvidia Corporation
Nvidia Corporation (NASDAQ: NVDA) was hit hard yesterday after the U.S. announced new restrictions on export of high-end chips to China. Cathie Wood remains bullish on Nvidia Corp Shares slid 7.0% as ...
After selling Nvidia last month, Cathie Wood’s ARK snaps up graphic chipmaker’s stock as it hits 52-week low
That was a quick turnaround. After cutting its stake in Nvidia ahead of the graphic chipmaker’s results last month, Cathie Wood’s ARK Invest has now bought the stock in three of the company’s funds. T...
Cathie Wood’s ARKK Sees Biggest Monthly Outflow in Nearly a Year
(Bloomberg) — Cathie Wood’s fans turned tail last month, pulling out the most money from her flagship fund in nearly a year as it continues to flounder. The $8 billion Ark Innovation ETF (ticker...
Cathie Wood’s ARK Innovation ETF tumbles after Fed Chair Powell’s Jackson Hole speech
Cathie Wood’s flagship ARK Innovation ETF ARKK, -6.42% has taken a steep drop in midday trading as the technology sector sinks following Fed Chair Jerome Powell’s speech Friday morning at ...
Cathie Wood dumps Nvidia stock ahead of results
Is Cathie Wood fearing more bad news from Nvidia? Wood’s ARK Invest funds trimmed their stake in Nvidia NVDA, +0.86% ahead of the graphics chipmaker’s results. Nvidia has already warned on second-quar...
Cathie Wood Buys Zoom’s Dip to Pre-Pandemic Level After Results
(Bloomberg) — Cathie Wood bought Zoom Video Communications Inc’s shares as they tumbled to levels seen before the stock’s meteoric rise during the pandemic. Most Read from Bloomberg Two Ark Inve...
Cathie Wood Doubles Down on These 2 “Strong Buy” Stocks
Not many hedge managers have ignited as much controversy as Cathie Wood. The founder of Ark Invest has built her brand on running against the crowd. From her early embrace of tech stocks to her outspo...
Cathie Wood’s ETF ARK halved since the start of the year
The ARK Next Generation Internet ETF (ARKW) is down 54% from last year’s closing value. Cathie Wood’s ETF is on the decline This is an actively managed ETF that also includes GBTC (Grayscale Bitcoin ...
Here’s Why Cathie Wood Dumped It
Shares of popular crypto-exchange platform Coinbase (COIN) have been under an absurd amount of selling pressure over the past year, tanking 75% from peak to trough. The negative momentum has been unfo...
Cathie Wood Explains Why ARK Invest Sold off Its Coinbase Shares Last Month
Veteran hedge fund manager Cathie Wood is revealing why her firm, ARK Invest, sold shares of US-based crypto exchange Coinbase last month. An update on a website tracking the holdings of ARKW, ARK Inv...
Here’s why Cathie Wood believes the Fed will actually cut rates in 2023 — plus 3 stocks she likes right now to capitalize
‘The economy is very weak’: Here’s why Cathie Wood believes the Fed will actually cut rates in 2023 — plus 3 stocks she likes right now to capitalize In an effort to tame rampant inflation, the ...
This beaten down Cathie Wood stock is a ‘buy’: DA Davidson
Shares of Teladoc Health Inc (NYSE: TDOC) are in focus on Friday after a DA Davidson analyst said the beaten down telemedicine company is a “buy” at current levels. Teladoc Health has upside to $45 a ...
Cathie Wood of ARK Invest Says BlackRock’s Entrance to Crypto Could More Than Double Price of Bitcoin
ARK Invest founder Cathie Wood thinks BlackRock’s entry into the crypto space could have huge implications for the price of Bitcoin (BTC). Last week, US-based crypto giant Coinbase announced that it t...
Cathie Wood is betting on Nvidia shares
Cathie Wood, the Rock Star of the stock market, sells 235,489 shares of Block, Jack Dorsey’s former Square, liquidating more than $20 million, to target three separate funds to buy shares in Nvidia. ...
Cathie Wood Watch: Buys Nvidia, Output Platform; Sells DraftKings
Cathie Wood, chief executive of Ark Investment Management, bought and sold familiar stocks Monday, including a sports gambling company and a top semiconductor maker. All valuations below are as of Mon...
Cathie Wood is loading up on shares of Nvidia Corporation
Cathie Wood is loading up on shares of Nvidia Corporation (NASDAQ: NVDA) on the weakness post its preliminary second-quarter results. Nvidia says its gaming revenue was hit hard in Q2 On Monday, the c...
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 ...