ARK Investment Management, the firm led by star manager Cathie Wood, predicts that bitcoin’s price could exceed $1 million by 2030 as the cryptocurrency’s global usage is still only in its early days....
Tag: woods
Oil is at a 7-year high, but Exxon CEO Darren Woods sees lower trend
Darren Woods, CEO, ExxonMobil Michael Newberg | CNBC Oil prices rose to a seven-year high Tuesday amid ongoing supply concerns and escalating tensions in the Middle East, but Exxon Mobil CEO Darren Wo...
Cathie Wood’s ARK Invest Opens Position in Company Merging With Stablecoin Giant Circle: Report
Veteran hedge fund manager Cathie Wood’s ARK Invest is buying up shares of a special-purpose acquisitions company (SPAC) that is merging with a prominent stablecoin firm. According to a report from Ma...
Cathie Wood’s ARK ETF reportedly buys 6.93M shares of SPAC merging with Circle
Cathie Wood’s Ark Invest has reportedly purchased 6.93 million shares of the special purchase acquisition company, or SPAC, that is merging with Circle, for $70.6 million through the company’s A...
How a Flood of Money Swamped Cathie Wood’s ARK
Fund manager Cathie Wood became a superstar in 2020, after her ARK exchange-traded funds earned some of the highest returns in history. So far this year, ARK Innovation, the largest of Ms. Wood’s ETFs...
Cathie Wood’s Ark Sees Near-Record Short Bets in Tech Wreck
(Bloomberg) — Even after Cathie Wood’s largest fund plunged almost 15% in the new year tech rout, traders are betting there’s more pain in store. Most Read from Bloomberg Short interest as a per...
Cathie Wood’s Rollercoaster Performance Offers A Familiar Lesson About Volatility
Source: Getty getty Volatility is a two way street. It can be an investor’s friend or foe, depending on the direction. Cathie Wood of ARK Invest has the type of investment track record to demonstrate ...
Unprofitable tech trades are off to an ugly 2022. Here are the ETFs to consider as Cathie Wood’s Ark sinks.
Happy Thursday! In mythology, Janus is a god of transitions who is often depicted as a two-faced deity. A mere three sessions into the month of January, and some investors already may be feeling whipl...
Tesla Triumphs Among Cathie Wood’s Top Holdings
Summary Tesla outperformed the S&P 500 in 2021. Wood’s other top holdings underperformed the benchmark index. Heading into a new year, investors are taking a look at their portfolios to dete...
Cathie Wood’s flagship Ark ETF off to a rough start to 2022 — down 45% from its peak
With every new year comes a clean slate. For Cathie Wood’s Ark Invest, that doesn’t seem to be the case. The firm’s beaten-down Ark Innovation Fund (ARKK) has hit a new low in 2022 — already. After sh...