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Investor Cathie Wood, a long-time Tesla bull known for first investing in the company a decade ago at $13 per share, condemned the growing resistance to Tesla CEO Elon Musk’s potential $1 trillion pay package. Over the weekend, the ARK Invest CEO suggested the financial system that’s enabling the pushback against it is the one … Read more
Star investor Cathie Wood acknowledged that the Trump administration’s abrupt announcement of a high-priced fee for H-1B visas was a shock, stating, “The suddenness, the Friday announcement and the lack of clarity threw a lot of people, including us.” However, the ARK Invest CEO explained in a recent interview with Bloomberg, the controversial policy is … Read more
Key Takeaways Figma stock jumped 250% on its first day, closing at $115. Figma’s IPO is part of a wave of public listings amid renewed market activity under the Trump administration. Share this article Figma, the collaborative design platform, soared 250% in its NYSE debut Thursday, closing at $115 after pricing its IPO at $33. … Read more
Key Takeaways ARK Invest acquired over 4.4 million shares of Ethereum treasury firm Bitmine Immersion Technologies. Bitmine Immersion plans to acquire and stake 5% of Ethereum’s supply, marking a major shift toward Ethereum-focused treasury. Share this article Cathie Wood’s Ark Invest acquired more than 4.4 million shares of Bitmine Immersion Technologies (BMNR), an Ethereum treasury … Read more
Cathie Wood’s flagship ETF has staged a powerful comeback from the depths of the trade war panic, rallying more than 50% since early April. But rather than restoring investor faith, the rebound has only been met with skepticism. Outflows are persistent. Short sellers are circling in record numbers, driven by bearish conviction and tactical hedging. … Read more
The latest portfolio activity of the Cathie Wood-led investment firm Ark Invest has revealed a major investment in Circle shares. Following the debut of CRCL, the long-awaited initial public offering of stablecoin issuer Circle on the New York Stock Exchange, Wood’s Ark Invest poured an estimated $373 million into the stock, acquiring a total of … Read more
Ark Invest CEO Cathie Wood believes part of the recent “demand hit” Tesla’s taken could be because of broader fears about the economy. “Now, clearly the political dynamics of the last few months are hitting demand,” Wood said in a video posted to Ark Invest’s website on March 14. “We also would suggest that the … Read more
Ark Invest founder and CEO Cathie Wood is bearish on the economy’s short-term prospects but expects the Federal Reserve and the Trump administration to step up soon. In an interview with Bloomberg TV on Tuesday, she also noted she has been buying Tesla stock and crypto-related assets like Coinbase and Robinhood during the market’s downturn. … Read more
Most of the so-called memecoins that are flooding the $2.6 trillion cryptocurrency space will probably end up “worthless,” according to Cathie Wood. The combination of blockchain technology and artificial intelligence is creating “millions” of meme cryptocurrencies that “are not going to be worth very much,” the ARK Investment Managment LLC founder and CEO told Bloomberg … Read more
ARK Invest’s flagship product has lagged well behind the S&P 500 in recent years, and shares of the EV maker have plunged 28% this year. Read More
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4