Cathie Wood's ARKK Innovation ETF Rallies as Tech Roars Back
8 Articles
8 Articles
Cathie Wood Doubles Down On Tesla Amid Elon Musk's Feud With Trump, Sells $3 Million Worth Of Coinbase Stock - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
On Tuesday, Cathie Wood-led Ark Invest made significant trades involving Tesla Inc. and Coinbase Global Inc. . These trades reflect Ark’s strategic positioning amid ongoing market developments. The transactions occurred as Tesla faced a dip in share price due to external factors, while Coinbase dealt with legal challenges. The Tesla Trade Ark Invest’s flagship fund, ARK Innovation ETF (BATS:ARKK), acquired 43,126 shares of the Elon Musk-led comp…
Ark CEO Cathie Wood: We will move from a 'rolling recession' into a recovery
Ark Invest CEO and CIO Cathie Wood joins 'Squawk Box' to discuss the latest market trends, what to make of the recent rally, state of the economy, the Fed's inflation fight, rate path outlook, Elon Musk's criticism of the GOP tax and spending bill, future of Tesla, and more.
Cathie Wood's ARKK Innovation ETF Rallies as Tech Roars Back
Key Points ARK Innovation ETF (NYSEARCA: ARKK) has surged to a 52-week high, rebounding from a low of $36 to $71 as core holdings like Nvidia (NASDAQ: NVDA), Coinbase (NASDAQ: COIN), and Palantir (NYSE: PLTR) regain investor confidence. Cathie Wood’s long-term commitment to speculative tech and fintech names through deep selloffs has been validated by recent profitability and market acceptance of early-stage bets. ARKK remains a high-volatili…
Cathie Wood Says Stock Market Entering ‘Durable’ Bull Run, Predicts Mass Recovery of US Economy After Rate Cuts - The Daily Hodl
The CEO of Ark Invest says that the US economy is in a recession – but there’s a catch. In a new interview with CNBC, Ark CEO Cathie Wood shares her outlook on the US economy. “Well, I think we have been climbing a wall of worry. I mean, a lot of people expected tariffs and wars and the controversy between the Fed and the President to really shake markets up. And of course, there has been some volatility. But these are the kinds of bull markets …
Cathie Wood’s investment firm sold nearly 125,000 Coinbase shares while prices are approaching historic peaks. ARK has also been downloading Circle in the midst of a rise in quotes. *** Cathie Wood’s investment firm sold nearly 125,000 Coinbase shares. COIN reached a new historic peak of USD $380 last week. It adds to previous sales, raising COIN downloads to USD $95 million in 3 days. Ark Invest, Cathie Wood’s investment firm, continues to redu…
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