A Trex deck. Trex Company Rising interest rates and an uncertain economy may slow the pell-mell home sales boom. But home remodeling still looks strong for this year. As we learned when the pandemic t...
Tag: Wood
Cathie Wood Buys Into a Biotech With a Covid Connection
Star investor Cathie Wood, chief executive of Ark Investment Management, has recently built a stake in a biotechnology company that earlier this month received a dose of good news. The stock is Adapti...
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...
Cathie Wood Watch: Ark Buys E-Commerce, Sells Payments
Investment manager Cathie Wood, chief executive of Ark Investment Management, was active buying and selling big-name technology stocks on Monday. She also continued her foray into the biotechnology s...
Last Week Provided Good News for Cathie Wood, Ark
The stock market soared last week, with the S&P 500 index climbing 6% and the technology-heavy Nasdaq Composite gaining 8%. That was good news for Cathie Wood’s exchange-traded funds at Ark Invest...
Gavin Wood Made Multi-Chain NFTs A Reality On Polkadot & Kusama
Polkadot and Kusama have become the first blockchains to enable multi-chain NFTs following a key update to its consensus mechanism. The update, which enables support for NFTs on the Cross-Consensus M...
Cathie Wood Watch: Ark Buys Aerospace, China Car Maker; Sells Pharma
Star investor Cathie Wood, chief executive of Ark Investment Management, remains active in the tumultuous stock market, on Monday buying aerospace and Chinese-vehicle shares. She sold pharmaceutical s...
Cathie Wood Watch: Ark Catches 3D Printer Bug
Investment star Cathie Wood, Chief Executive of Ark Investment Management, continues her buying and selling of stocks — mostly buying — amid the equity market’s turmoil. On Friday, she ven...
Cathie Wood Watch: Ark Buys Biotech Stocks
Investment star Cathie Wood, chief executive of Ark Investment Management, on Tuesday had focused some of her buying on biotechnology stocks. Recent purchases including Atai Life Sciences (ATAI) R...
Cathie Wood of ARK Invest Says Decentralized Finance a Threat to All Financial Institutions
ARK Invest founder Cathie Wood says decentralized finance (DeFi) could threaten the supremacy of financial institutions. In a recent conversation with Miami Herbert Business School, the hedge fund fou...
Cathie Wood Got Oil Wrong. It Isn’t Going to $12. Here’s What She Missed.
ARK Invest’s Cathie Wood predicted in 2020 that oil prices were headed to $12 a barrel. The prediction wasn’t correct, providing a lesson in commodity investing. Kyle Grillot/Bloomberg Tex...
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 says Ark Invest will make major gains in five years
Cathie Wood has defended the investment portfolio of Ark Invest. Her recent sentiments come from a major sell-off recorded across the technological financial sector. Tech financial products have been ...
‘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...
Cathie Wood Watch: Ark Next-Gen Internet Buys Cybersecurity, Sells Splunk
Investment star Cathie Wood, CEO of Ark Investment Management, bought into a couple of cybersecurity firms on behalf of Ark Next Generation Internet ETF. (ARKW) – Get ARK Next Generation Intern...
Cathie Wood Watch: Ark Buys Zoom, Sells Key Entertainment Name
Investment star Cathie Wood, chief executive of Ark Investment Management, continues to buy beleaguered technology stocks, as she promised she would. On Wednesday, Ark exchange-traded funds purchased ...
Cathie Wood Watch: Ark Funds Sell ETSY, Palantir
Much of Ark Investment Management CEO Cathie Wood’s trading in recent weeks has consisted of buying beaten-down technology stocks. But she also has done some selling. And on Tuesday, the investment st...
Gavin Wood Kickstarts Fund With $5m
Polkadot CEO Gavin Wood has made good on his public promise to donate $5m to Ukraine’s defense efforts after the Ukrainian government announced a Polkadot (DOT) address for donations. On Tuesday, the ...
Polkadot founder Gavin Wood donates $5.8 million to Ukraine
advertisement Polkadot founder Gavin Wood has followed through on his promise to donate $5 million to Ukraine to support its efforts in its war with Russia. On February 27, Wood tweeted that if Ukrain...
Polkadot Founder Gavin Wood Donates $5M In DOT To Ukraine
Gavin Wood – founder of Polkadot – recently donated $5 Million worth of DOT to support Ukraine’s defense against Russian military aggression. The founder promised to provide the funds so long as Ukrai...
Ukraine post DOT address, hence Polkadot’s Gavin Wood donates $5.7M
As the war in Ukraine continues and unfolds, with terrible consequences for the country’s population, people and organizations around the world line up to donate to the Ukrainian war effort and its mi...
Ukraine accepts DOT, founder Gavin Wood donates $5.8 million
Calls from the crypto community for Ukraine to accept other cryptocurrencies have been answered. The official Ukraine Twitter account shared that it will now accept donations from Polkadot (DOT), whil...
Cathie Wood Watch: Ark Sells Palantir Stock, Buys Tesla
Investment manager Cathie Wood, chief executive of Ark Investment Management, continues to buy and sell stocks as volatility rules the equity market. In recent days she had been unloading the stock of...
Polkadot’s Gavin Wood to donate $5M to Ukraine, if they post a DOT address
More and more people are donating to the Ukrainian side of the conflict since Russia’s decision to invade the neighboring country. Most of these donations are funneled through traditional means of fun...
Cathie Wood went on TV to defend her ARK fund’s bad performance. It didn’t go as planned
Cathie Wood’s flagship fund, the ARK Innovation ETF (ARKK), is down 30% year to date and is more wildly volatile than practically any fund on the market. So when Wood was invited on CNBC’s Halftime Re...
Is Bitcoin A Long-Term Investment? Inside A Mine In Norway That Also Dries Wood
A 5,000 square metre warehouse on the outskirts of Hnefoss, a little town 40 miles west of Oslo, is home to Norway’s largest bitcoin mining facility, a line of gigantic blue skips loaded with chopped ...
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...
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...
Cathie Wood says her innovation stocks are ‘way undervalued’ and recent fund losses temporary
Cathie Wood of Ark Invest said Thursday the technology companies in her innovation-focused portfolio are drastically undervalued, and she believes that her fund’s recent sell-off is short-lived....
The Norwegian Bitcoin Mine That Uses Green Energy And Dries Wood As A By-Product
Another day, another bitcoin mine that uses green energy to operate. We have to highlight these initiatives to show how bitcoin and green energy are a complete match. They’re not at odds with each oth...