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The Latest Breaking News from Cathie Wood

Elon Musk is synonymous with Tesla. Is that good or bad for shareholders?

"Musk is Tesla and Tesla is Musk," one analyst wrote in a recent note. Musk's reign has catapulted the car company to enormous success. But it also carries serious risks, a judge recently concluded.

WEKU

Ark Investments Ranked Top Wealth-Destroying ETF Issuer - Report

ARK Investments, led by Cathie Wood, has been named as the top wealth-destroying ETF issuer in a report by Morningstar, raising concerns about the performa...

Top News

Dow Jones Reverses As Intel Plunges On Earnings; Cathie Wood Loads Up As Tesla Dives

The Dow Jones Industrial Average reversed higher Friday as Intel plunged on earnings. And Cathie Wood loaded up as Tesla stock dived.

Investors Business Daily

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ARK Invest's Latest Maneuver Reveals Strategic Play Of Boosting ARKB Holdings While Shedding BITO

ARKB, on its eighth day of trading, the fund experienced a notable inflow of $110.5 million, further solidifying its position as an attractive investment vehicle in the Bitcoin ETF landscape.

International Business Times

Dow Jones Up 138 Points As Tesla Suffers This Blow; Cathie Wood Buys Bitcoin Play Amid 23% Plunge

The Dow Jones hit fresh heights as Apple stock impressed. Cathie Wood snapped up a diving stock despite weakness in Bitcoin. Tesla stock struggled.

Investors Business Daily

Cathie Wood's Flagship ARKK ETF Is Taking On Water Due To Coinbase, Tesla, These Stocks

ARK Innovation, the flagship Cathie Wood ETF, is skidding in 2024 as the S&P 500 hits a record high. Blame Coinbase, Tesla and other big ARKK ETF holdings.

Investors Business Daily

ARK's Wood Forecasts Bitcoin Will Take A Bite Out Of Gold's Market Share, Reach $1M

Wood thinks Bitcoin holds the potential to attain a valuation of $1 million per unit at some point in the future, albeit not in the immediate term.

International Business Times

DraftKings Stock Spikes, Flashes Bullish Signal; Cathie Wood Unloads Shares

DKNG stock leapt 7% Thursday to jump above its 50-day line after DraftKings launched in Vermont on Jan. 11. Cathie Wood's ARK sells shares.

Investors Business Daily

ARK Invest's Strategic Gambit: Betting Big on Spot Bitcoin ETF's Potential

ARK Invest executed a strategic reallocation of its assets on Tuesday, divesting some of its holdings in ProShares Bitcoin Strategy ETF (BITO).

International Business Times

Cathie Wood Spent $50 Million On Tesla Stock Last Week As It Broke Below Key Support

Wood's Ark Invest likes to buy on the cheap, and TSLA stock has fallen nearly 12% in January.

Investors Business Daily

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Investors Business Daily

Dow Jones Digs In As Bitcoin Gains Fade; Cathie Wood Snaps Up This Stock Amid 20% Dive

The Dow Jones dug in well following negative inflation data. Bitcoin gains faded as new ETFs fell. Cathie Wood snapped up a plunging stock.

Fortune

Bitcoin gains more than 5% as crypto industry celebrates SEC’s approval of spot ETFs

The Securities and Exchange Commission approved 11 applications to create a spot Bitcoin ETF Wednesday.

International Business Times

Gensler 'Denigrated The Whole Crypto Space' After Approving Bitcoin ETF: ARK's Cathie Wood

But, along with the SEC's approval is Gensler's statement outrightly distancing himself from Bitcoin and the broader cryptocurrency industry, which did not fall right on the ears of high-profile individuals in the industry, particularly of ARK Invest's Wood.

International Business Times

Spot Bitcoin ETF To Start Trading On Thursday: VanEck, Valkyrie Executives

Executives from leading firms suggested a potential approval announcement Wednesday, indicating that trading might start as soon as Thursday.

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Investors Business Daily

Dow Jones Rallies As Nvidia Clears Entry; Cathie Wood Loads Up On This Stock Despite 28% Plunge

The Dow Jones reversed higher despite a dive by Boeing stock. Nvidia stock and Apple stock gained. Cathie Wood loaded up on a plunging stock.

StockNews.com

ARK Innovation ETF (ARKK) Spotlight: 2024 Insights

ARK Innovation (ARKK), spearheaded by Cathie Wood's ARK Invest, continues to prosper owing to its robust market outperformance, strategic Tesla (TSLA) additions, upbeat analyst sentiment, and optimism for a bitcoin ETF. Among all of this, let's see if ARKK might be a wise investment. Read on….

Investors Business Daily

Bitcoin ETFs Are Finally Here. Crypto Investing Will Never Be The Same.

Spot bitcoin ETFs, and bitcoin prices, were off to a weak start after SEC approval. Is a revolution underway, or will the trend continue?

International Business Times

ARK Invest Continues COIN, Robinhood Sell-off As Spot Bitcoin ETF Decision Looms

ARK Invest purchased over 105,000 shares of Tesla while simultaneously selling off COIN shares worth over $25 million Wednesday.

Investors Business Daily

The Market Rally Hit Turbulence And Cathie Wood Still Bought Tesla, Unloaded COIN Shares

Cathie Wood purchased Tesla stock for the first time in 2024 on Wednesday, spending over $25 million, while cutting her Coinbase holdings.

Fortune

Cathie Wood warns GM and Ford electric vehicles slowdown is a mistake—one that will help Tesla and Elon Musk

GM and Ford need to scale their EV operations to make them profitable, she said. Tesla will benefit if they don't.

International Business Times

ARK Files Final Spot Bitcoin ETF Amendment Ahead Of SEC's Deadline

Last week, it was reported that the SEC met with hopeful spot Bitcoin ETF issuers to iron out details of their filings and inform them of a deadline for submitting amended proposals on Dec. 29.

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