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The Latest Breaking News from Ark Invest

'Flight To Quality?' Bitcoin Price Eclipses $30,000 On ETF Momentum

Crypto prices, related stocks rallied early Friday on sustained hopes for a spot bitcoin ETF — positive news. Bitcoin price tests $30,000.

Investors Business Daily

Cryptocurrencies Mixed As Wall Street Reacts To Powell’s Inflation Remarks

NY Attorney General sues crypto firms for alleged fraud, JPMorgan predicts spot bitcoin ETF approvals

Zenger

DraftKings Stock Flirts With New Buy Signal After 167% Rally On Sports Betting Boom

IBD Stock Of The Day: DraftKings makes an interesting bet as it eyes a buy point. It boasts accelerating growth amid a wave of legal sports gambling.

Investors Business Daily

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Cathie Wood's Flagship Fund's Chart Looks Awful

Cathie Wood's flagship ETF is crumbling and giving investors multiple warning signs. Several of its stocks have recently pulled it down.

Investors Business Daily

Ark Investment Sees 3D Printing As Key To Electric Robotaxis, Estimates $500B Opportunity

Cathie Wood-led Ark Investment Management believes 3D printing will revolutionize the automotive industry

Zenger

DraftKings Climbs On Upgrade To Buy. Cathie Wood, ARK Invest Are Cashing In.

DraftKings was upgraded to buy as a strong name in an "appealing" gambling sector. DKNG stock jumped. Meanwhile, Cathie Wood, ARK Invest are taking profits.

Investors Business Daily

Cathie Wood reveals why she steered clear of Arm IPO frenzy

"We did not participate in that IPO."

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Cathie Wood’s Ark Invest Increases Stake In Advanced Micro Devices

Ark's move comes amid the firm divesting its stake in rival chipmaker Nvidia.

Zenger

Venture Capitalist Who Predicted 2022 Crypto Market Bottom Expects 2,500% Rally For Solana

In a recent social media interaction, Chris Burniske, shared a highly optimistic trajectory for the cryptocurrency Solana

Zenger

Aerospace EV Maker Rallies 240% This Year: Cathie Wood Stocks Up

Archer Aviation stock soared 240% as the electric aircraft maker gears up for takeoff in early 2025. ARK Invest CEO Cathie Wood is buying in.

Investors Business Daily

What's Next For Bitcoin ETFs? Cathie Wood, ARK Invest Experts Weigh In

Cathie Wood, ARK Invest experts weigh in on what happens next for the SEC, bitcoin ETF applications after a court ruled in favor of Grayscale.

Investors Business Daily

Cathie Wood Says Cybertruck Will ‘Expand The Truck Market’

One of the most anticipated vehicle launches set to happen later this year with Tesla Inc beginning deliveries of its Cybertruck

Zenger

EXCLUSIVE: Cathie Wood’s Sports Betting Gamble — DraftKings Or Penn Entertainment?

Sports betting world was shocked when PENN Entertainment announced a licensing deal with Walt Disney Company to launch ESPN Bet

Zenger

Four Cathie Wood Stocks Near Buy Points

With growth leading a market rally, several stocks owned by Cathie Wood's Ark Invest are in or near entries, including Tesla and Shopify.

Investors Business Daily

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Zenger

Ark Invest Founder Cathie Wood Warns Of Looming Deflation

Many investors and economists are preoccupied with inflation but Wood believes that the real economic risk is deflation.

Investors Business Daily

Cathie Wood Bitcoin ETF Hits SEC Roadblock; Former FTX CEO SBF Jailed

Cathie Wood, ARK Invest bitcoin ETF approval delayed by the SEC. Former FTX CEO Sam Bankman-Fried heads to jail for witness tampering.

Barchart

2 Stocks to Buy for the AI-Driven Robotaxi Race

Tesla and Uber are robotaxi top dogs, with a lot to gain from the autonomous driving race. Here's what investors need to know about these AI auto stocks.

Fortune

Roku’s CFO says he’s still confident about the streaming boom—and the stock is up 118% year to date

Jedda spent 15 years at Amazon, primarily in digital video, before joining Roku in May.

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Investors Business Daily

Dow Jones Rises As Fed Rate Hike Looms; Microsoft's AI Promise and Cloud Growth On Watch

Dow Jones was unchanged as the Fed meeting unfolds with a rate hike expected Wednesday. Cathie Wood's Ark Invest turns to medical stocks

Zenger

Ark Investment Management’s Flagship ETF Exits Chinese Stocks Amid Regulatory Crackdown

Cathie Wood's Ark Innovation ETF shifts strategy, diversifies away from Chinese stocks

Investors Business Daily

Cathie Wood, ARK Invest Add Coinbase To Selling Spree; Unload $82 Million Of COIN Stock

Cathie Wood, ARK Invest unload $82 million worth of COIN stock in a multiday selling spree as Coinbase trades near 2023 highs.

Zenger

Cathie Wood’s ARK Invest Slashes Value Of Twitter Stake, But Remains Bullish On Elon Musk’s Vision

ARK Invest has reduced the valuation of its Twitter stake by 47% since the company was taken private by Elon Musk last year.

Zenger

Venture Capital Investor Predicts New Crypto Bull Market To Surpass Previous Cycles

Chris Burniske expects regulatory changes, new products, and maturing IFS to drive crypto to new heights.

Zenger

Cathie Wood Dishes On AI Stocks: Nvidia Vs. Twilio

Ark Invest's Cathie Wood explains her investment logic and valuation judgment on AI-related stocks.

Zenger

Cathie Wood’s Ark Invest Buys Meta Platforms Shares, Trades Crypto-Linked Stocks

Wood's firm adds Meta to portfolio, sells Coinbase and Robinhood shares

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