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The Latest Breaking News from Ark Invest

As Bitcoin Hits $100K For The First Time, Ark Invest's Cathie Wood Calls It 'A Much Bigger Idea Than Gold' And That It Is 'Still Is In Early Innings'

As Bitcoin (CRYPTO: BTC) crossed the $100,000 mark for the first time, Cathie Wood on Thursday said Ark Invest “believes Bitcoin is a much bigger idea than gold

Benzinga

Cathie Wood-Led Ark's Prediction: AI Will Turn Digital Wallets Into $9 Trillion E-Commerce Powerhouses — Google, Amazon Dominance Set For Disruption?

ARK Invest said in November that artificial intelligence-powered digital wallets could revolutionize e-commerce, potentially driving nearly $9 trillion in global online spending by 2030 through the integration of Large Language Models into payment platforms.

Benzinga

Cathie Wood Buys Amazon, AMD Stock — Trims Palantir, Block Holdings Amid AI And Bitcoin Euphoria

On Wednesday, Cathie Wood-led Ark Invest made some notable trades. The most prominent among these were in Amazon.com Inc (NASDAQ:AMZN), Advanced Micro Devices Inc.

Benzinga

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Cathie Wood Sees $400B Opportunity In Biologics — How Have Her Bets Fared?

Cathie Wood, CEO of ARK Invest, is doubling down on biologics, seeing unprecedented potential at the intersection of artificial intelligence, genetic sequencing, and gene editing technologies.

Benzinga

Cathie Wood's Latest Tesla Dump: Ark Sells $18M Worth Of Stock

On Tuesday, Nov. 26, 2024, Ark Invest, led by Cathie Wood, sold $18.03 million worth of Tesla shares.

Benzinga

Want To Invest In Elon Musk's Private Companies Like SpaceX And xAI? Here's How You Can Do It Via This Cathie-Wood ETF

Cathie Wood's ARK Venture Fund now provides investors indirect access to Elon Musk-led private companies, including SpaceX, X (formerly Twitter), and xAI, offering exposure to high-profile ventures not publicly traded.

Benzinga

Cathie Wood-Led Ark Invest's Latest Portfolio Maneuver: Dumps Tesla And Palantir Shares, Buys Amazon And AMD Stock

Cathie Wood's Ark Invest made strategic trades on Monday Nov. 25, 2024, selling Tesla and Palantir shares while buying Amazon and AMD stocks, aligning with sector trends and company developments.

Benzinga

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Ark’s Cathie Wood lets retail investors bet on Elon Musk’s private startups and Trump proximity

The fund has 15% exposure to Musk’s private companies.

Fortune

Deciphering Disruption: Inside Cathie Wood's Latest Plays

Cathie Wood's recent stock market activity offers a glimpse into her evolving investment strategy and the potential of disruptive technologies.

MarketBeat

Cathie Wood says Elon Musk will succeed in his audit of the federal government because he has 'more proprietary data' than anyone

Wood said Musk understands the world is at “the threshold of a convergence among many technologies."

Fortune

Tesla shares soar during after-hours trading as a Trump victory appears increasingly likely

According to Robinhood, Tesla shares jumped more than 8% and reached a 52-week high.

Fortune

21Shares Files For $XRP ETF – Reiterates XRP Ledger's Transaction Speed, Token's Non-Security Status

21Shares joined Bitwise and Canary Capital in the list of companies that filed for an $XRP ETF, and it made sure to reiterate in its S-1 filing that the token isn't a security.

International Business Times

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

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Barchart

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

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?

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International Business Times

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.

Fortune

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.

International Business Times

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.

Barchart

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.

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.

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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