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The Latest Breaking News from Ark Invest

Unsealed Court Filing Unmasks Crypto Giants That Backed Elon Musk's Twitter Takeover

A journalist, with help from a press nonprofit's lawyers, forced Elon Musk to reveal a list of the people who financially supported the tech magnate's bid to take over Twitter in 2022 – it turns out some of X's shareholders are figures in the crypto space.

International Business Times

Cathie Wood buys falling tech stocks, anticipating a market rebound

Investors like Wood see slipping stocks as a bargain, while others prepare for a bear market.

Fortune

Cathie Wood Buys $35 Million Of Amazon, Targets Crypto; Sells $42 Million Of This Stock

Cathie Wood bought the dip on Amazon stock, Coinbase, Robinhood, Meta and more. ARK Invest unloaded on tech names.

Investors Business Daily

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1 Cathie Wood Stock With 55% Upside Potential

This Ark Invest biotech stock pick, with 55% potential upside, garnered a vote of confidence from Jefferies last week.

Barchart

Tesla Q2 Earnings Preview: Is TSLA Stock a Buy or Sell Ahead of the Report?

Tesla will release its Q2 earnings on Tuesday after the bell. Here's the earnings preview for the Elon Musk company.

Barchart

TSLA Stock Forecast: Will Tesla Keep Going Up in 2024?

Tesla stock gained 27% in the last week and erased its losses for the year. Can TSLA stock keep going up in 2024 as sentiments improve?

Barchart

Cathie Wood Sells Rising Tesla Stock, Buys This Upstart Drone Maker

Cathie Wood and Ark Invest on Tuesday sold $14.5 million shares of Tesla stock. The firm added shares of eVTOL drone maker Archer Aviation.

Investors Business Daily

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Can Elon Musk Make Tesla Stock More Valuable Than Nvidia With AI Products?

Tesla's CEO Elon Musk believes that the Optimus humanoid could add $25 trillion to TSLA’s market cap. Can Tesla beat out Nvidia, Apple, and Microsoft to become the world's biggest company?

Barchart

Trump Reportedly In Talks To Speak At Largest Bitcoin Event This Year

Donald Trump, a former Bitcoin critic, is reportedly in talks to become a speaker at Bitcoin 2024 next month, and if he does get into the speakers list, he will join BTC advocate and another presidential contender, Robert Kennedy Jr.

International Business Times

ARK Invest CEO Cathie Wood says Trump has her vote because he’ll be better for the economy, but then asks to pull the interview

The renowned tech investor said she planned to cast her vote for Trump over Joe Biden come November.

Fortune

ARK Invest Pro-Bitcoin CEO Cathie Wood Says She Will Vote For Trump

ARK Invest's Cathie Wood has been optimistic about how Bitcoin can make a mark in the financial world, and Donald Trump has been increasingly vocal about his support for the crypto sector in recent months.

International Business Times

EXCLUSIVE: ALTA CVO Talks Tokenization 'Optimism,' Crypto Regulation Sentiment At Consensus 2024

Consensus 2024 was the biggest event so far in the crypto space this year, and among the key discussions during the gathering of key industry players were tokenized funds and assets, as well as a thorn in the U.S. SEC's side: regulation.

International Business Times

Should You Buy Tesla Stock for 1,329% Upside?

Tesla has created massive wealth for shareholders since its IPO, and might have game-changing upside potential, according to this Wall Street investor.

Barchart

Tesla China Registrations Are Down 9% With Two Weeks Remaining In Q2; But Analysts Project Strong Global Tally

Tesla vehicle registrations in China are trailing last year's total with just two week's left in the second quarter.

Investors Business Daily

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Investors Business Daily

How The SEC's Latest Elon Musk Investigation Could Hit Tesla

The Wall Street Journal reported Monday that Musk waited to disclose his Twitter stake until he owned more than 9%.

Fortune

Cathie Wood’s ARK Invest predicts Tesla stock will surge 1,345% over the next five years. Elon Musk says it’s an ‘extremely challenging, but achievable’ target

ARK Invest estimates nearly 90% of Tesla’s revenue will come from one source by 2029: robo-taxis.

Investors Business Daily

Cathie Wood Sets 5-Year Expectation For Tesla Stock At $2,600 Per Share

Cathie Wood and her Ark Invest firm updated their Tesla stock price target for 2029, betting big on the EV giant's robotaxi aspirations.

International Business Times UK

Ark Invest CEO Cathie Wood Boosts Stake in Firms Making Breakthroughs in Gene Editing, AI Drug Development, and Obesity Drugs

Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.

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Kiplinger

Why Tesla Stock Is Soaring After a Q1 Earnings Miss

Tesla came up short of analysts' expectations for its first quarter, yet its stock is roaring higher today. Here's why.

Kiplinger

Can Tesla Stock Really Hit $2,000? Cathie Wood Thinks So

Tesla epitomizes the convergence of three key technologies, Ark Invest's Cathie Wood says. Here's what you need to know.

Investors Business Daily

Why Cathie Wood Sees Bitcoin Price Soaring To $3.8 Million

Driving this rosy prediction is the rise in institution-supported bitcoin ETFs.

Investors Business Daily

Tesla Stock Hit 10-Month Lows But Dive Doesn't Scare Cathie Wood

Tesla stock hit levels not seen since May 2023 Thursday and Cathie Wood bought the dip, spending $35 million on TSLA shares.

Investors Business Daily

Tesla Bull Says This Could Be The Year The EV Giant Loses Money. Cathie Wood Shovels Up Cheap Shares.

Morgan Stanley's Adam Jonas lowered his price target and cut projections Tuesday.

International Business Times

Toncoin Soars After Telegram Announces TON Blockchain Integration For Creator Ad Revenue Payouts

Toncoin has jumped more than 20% in the last 24 hours in a rally driven largely by Telegram's unveiling of a new ad platform that will pay channel owners through the TON blockchain.

International Business Times

ARK Invest, 21Shares Up Transparency With Chainlink Integration For Bitcoin ETF

ARK Invest and 21Shares has followed in Bitwise's footsteps, announcing they will disclose their spot BTC EFTs reserves through Chainlink's reserve proof platform.

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