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Circle Internet Sinks 8% as ARK Trims Its Stake Before the Senate Clarity Act Vote; Coinbase and Bitmine Drop 5%
Quick Read ARK Invest sold over 142,000 CRCL shares Monday across ARKK and ARKW, pushing Circle Internet down 8% despite a 25% monthly gain. COIN and BMNR each slid 5% as the Senate's Clarity Act vote threatens to open stablecoin markets t…
Why Cathie Wood Is Selling Google and Buying More Meta Platforms Stock
Cathie Wood is making another bold move in the tech world. The Ark Invest CEO and chief investment officer, known for placing big bets on disruptive and innovative technology stocks, made two strikingly different trades this week. ARK boug…
Cathie Wood's weekly recap: loads Rocket Lab, Block; cuts Palantir, Tempus AI
[Bitcoin 2022 Conference Draws Cryptocurrency Industry Professionals And Investors To Miami] Marco Bello/Getty Images News Cathie Wood’s Ark Invest leaned further into high-growth themes, including space, fintech, crypto, and biotechnology…
1 Popular Cryptocurrency ARK Invest Expects to Surge by 1,480%
Cathie Wood, the founder and CEO of Ark Invest, is bullish on cryptocurrencies. ARK's flagship ETFs -- ARK Innovation (NYSEMKT: ARKK), ARK Next Generation Internet (NYSEMKT: ARKW), and ARK Fintech Innovation (NYSEMKT: ARKF) -- all hold sha…
Nvidia Blew Wall Street Away with Its Q2 Results. Cathie Wood Is Celebrating by Buying More Than 243,000 Shares.
Global hyperscalers and enterprise buyers are committing record capital to artificial intelligence (AI) data centers, creating extraordinary demand for high-end GPUs and networking equipment. As the dominant supplier of AI accelerators, Nv…
Cathie Wood’s Ark Invest Buys $37 Million in Bitcoin and Payments Firm Block
Cathie Wood's Ark Invest bought $37.4 million in Jack Dorsey-led Block Inc. shares Monday, spreading the purchase across three actively managed exchange-traded funds. Ark bought 456,059 shares of Block, which trades under the ticker XYZ, a…
Cathie Wood Drops $124 Million on AI Stocks, Dumps AMD
This article first appeared on GuruFocus. Cathie Wood's Ark (ARK) Invest made a sharp semiconductor rotation last week, adding roughly $53 million of Nvidia (NASDAQ:NVDA) and $41 million of Broadcom (NASDAQ:AVGO) while selling about $95 mi…
AMD Expands Global AI Footprint With New Saudi Platform
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Advanced Micro Devices Inc stock was little changed in Monday premarket trading as the chipmaker announced it was expanding its AI infrast…
BOE chief warns G20 of AI threats to financial stability, equity markets
[Bank of England Monetary Policy Report Press Conference] Carl Court/Getty Images News Frontier artificial intelligence models pose a growing threat to financial stability, while the increased use of leverage in equity markets and stretche…
Advanced Micro Devices Inc(NASDAQ:AMD) stock fell nearly 1% on Friday as investors weighed new semiconductor tariff risks that could raise costs across chips, data center servers and other technology hardware. Tariff Uncertainty Adds Risk…
Cathie Wood buys $17.2 million of beaten-down AI stock
Cathie Wood is known to double down on volatile technology stocks when others start backing away. This week, she's loading up on Cerebras Systems (CBRS), the newest publicly traded AI chip company that's looking to challenge Nvidia (NVDA).…
Cathie Wood Is a Historic Fund Manager with Viral Fame. That Doesn’t Make Her ARK ETFs Good Buys Now.
A photo of Cathie Wood by Caroline Wood via Wikimedia Commons and resized Investment managers used to be hard to find. We had Barron's on Saturdays and the Wall Street Journal during the week. And for those with a technical analysis bent,…
This article first appeared on GuruFocus. Cathie Wood's Ark Invest made another aggressive rotation toward artificial intelligence last week, adding nearly $30 million of Cloudflare (NYSE:NET) and $27 million of Nvidia (NASDAQ:NVDA) while…
How Intel's Earnings Turned AMD's Beat Into A Sell-Off
Advanced Micro Devices Inc.(NASDAQ:AMD) stock fell nearly 9% in premarket trading Wednesday as investors appeared to want a stronger forward outlook following the chipmaker's second-quarter results. The sell-off came even after AMD reporte…
Cathie Wood's Ark Invest Has Built an $870 Million Tesla Position. Here's the Thesis Keeping Her In.
Key Points Tesla stock has been down this year and recently hit a 52-week low. Cathie Wood responded by buying an additional $14.3 million in shares of the EV company. Tesla is the largest holding in Ark Invest's portfolios, with a positio…
Cathie Wood Spends $26 Million On Battered Tech Stock
This article first appeared on GuruFocus. Cathie Wood's Ark Invest concentrated fresh capital in space, artificial-intelligence infrastructure and autonomous technology during the final week of July, led by a roughly $26 million purchase o…
Image by ZT_OSCAR from Pixabay You bought a diversified fund, but you may have quietly inherited a concentrated position in one very stretched technology stock. CrowdStrike (CRWD) now trades about 40% above its 200-day moving average, a si…
Cathie Wood’s ARK Invest’s largest purchase during July 20-24 was Tesla (TSLA [https://seekingalpha.com/symbol/TSLA]), with the firm acquiring an additional $52.7M stake after a steep sell-off post weaker-than-expected Q2 earnings report.…
2 Discounted Stocks Cathie Wood Is Buying Aggressively Right Now
Key Points Cathie Wood seeks tomorrow’s winners today and looks for opportunities to buy them at bargain prices. These two players are participating in the AI boom. 10 stocks we like better than Space Exploration Technologies › Cathie Wood…
Cathie Wood Buys the Dip in Beaten-Down SpaceX Stock. Analysts See 86% Upside Ahead
SpaceX (SPCX) has quickly gone from Wall Street's hottest IPO to one of its biggest debates. After soaring more than 67% above its $135 IPO price shortly after listing in June, the stock has pulled back sharply and recently slipped below t…
ARK Invest snaps up $16.7M in SPCX shares, trims Deere exposure
[Man looking at currency trading app on his smart phone from his home office] Alistair Berg * Cathie Wood’s ARK Invest doubled down on its aerospace bet on Wednesday, snapping up 122,807 shares of Space Exploration Technologies Corp (SPCX…
Cathie Wood Is Ignoring the Panic and Buying the Dip in SpaceX Stock
Plenty of investors keep an eye on Cathie Wood's moves for a reason. Her technology-focused ETFs at Ark Investment Management have earned a loyal following among investors who watch portfolio changes like a hawk. Cathie Wood gave the marke…
Cathie Wood reshuffles portfolio ahead of Q2, buys SpaceX, Eli Lilly, Meta; pares AMD, Roku
Cathie Wood's ARK Invest's largest purchase during the last week by value was Elon Musk's Space Exploration Technologies (SPCX [https://seekingalpha.com/symbol/SPCX]), adding a combined 349K shares across ARKK, ARKQ, ARKW and ARKX for ~$52…
Cathie Wood Buys $7 Million of SpaceX Stock After Unloading Alibaba
There are some investors out there who like to keep a close eye on Cathie Wood investments. Many of the technology-focused exchange-traded funds (ETFs) offered by Wood's Ark Investment Management are popular choices for investors. Ark Inve…
Photo by ArtsyBee on Pixabay The fund's past suggests deep pullbacks often rebound, but what's inside the basket makes this time a unique decision. Of the 5 times the ARK Next Generation Internet ETF (ARKW) has fallen this steeply, 4 were…
Cathie Wood Doubles Down on Tesla and SoFi With Fresh Million-Dollar Buys
This article first appeared on GuruFocus. Tesla (NASDAQ:TSLA) and SoFi Technologies (NASDAQ:SOFI) drew fresh support from Cathie Wood's ARK Invest ahead of the U.S. Independence Day holiday, with the fund adding to both positions. Tesla re…
Cathie Wood, head of Ark Investment Management, is known for betting on disruptive technology companies, and investors closely watch every move she makes. Sometimes, she'll even buy tech stocks on the way up — and that's what she just did,…
Photo by TheDigitalArtist on Pixabay How Stretched Has This Position Become? The stock's recent performance has been remarkable. Over the past year the stock has returned +297%, with much of that coming in the last three months, which saw…
This article first appeared on GuruFocus. Palantir Technologies (NASDAQ:PLTR) climbed Friday after investment firm ARK Invest increased its position in the data analytics and artificial intelligence company, adding shares across several of…
Palantir Stock Could Snap 7-Day Losing Streak, Cathie Wood’s ARK Bought the Dip
Palantir rises, putting the stock on pace to end a recent losing streak. Shares remain on track to log their worst monthly decline in five years. Continue Reading
Palantir Stock Could Snap Its 7-Day Losing Streak. It’s Been a Rough Month.
Palantir rises, putting the stock on pace to end a recent losing streak. Shares remain on track to log their worst monthly decline in five years. Continue Reading
Cathie Wood Snaps $9.5 Million on Palantir Stock During Market Selloff
This article first appeared on GuruFocus. Cathie Wood's ARK Invest bought more Palantir Technologies (NASDAQ:PLTR) shares on Tuesday, using the market pullback to add to one of its larger artificial intelligence positions. ARK purchased 81…