Cathie Wood's ARK Invest: Bitcoin can be a ‘risk-off asset’

Cryptocurrency Cathie Wood's ARK Invest: Bitcoin can be a ‘risk-off asset’ ARK Investment Management argued that Bitcoin can potentially be viewed as a “risk- off” asset. The firm says Bitcoin's core attributes make it a scarce, liquid, and fungible asset.

7 Stocks in Fin-tech and Payments Baird analysts like the most

Cathie Wood's Ark Empire Bleeds As Investor Outflows Spike: 'The Loyal Shareholders Have Become Frustrated'

Cathie Wood's Ark Invest, led by tech investor Cathie Wood, managed $59 billion in assets in early 2021. Three years later, the world's largest active ETF manager has experienced an 80% decline in assets under management. Investors have withdrawn $2.24 billion from Wood's actively managed funds.

Weekly Report: what happened at ARKF last week (0415-0419)?

Tracking Cathie Wood's ARK Invest 13F Portfolio - Q1 2024 Update

Cathie Wood Sees Value In Tesla Wreckage As Ark Buys $13M Worth Of EV Giant's Stock, Loads Up On Bitcoin And Ethereum ETFs

Cathie Wood’s Ark Investment Management purchased 88,720 shares of Tesla, Inc. On Thursday. The stock closed at its lowest level since January 25, 2023. Tesla fell for a fifth straight session on Thursday, breaching a psychological threshold. Ark has been accumulating Tesla shares for three consecutive days.

The Cathie Wood Stock Shuffle: 4 Names She’s Loving, 3 She’s Leaving

Cathie Wood’s ARKK falls below 200-day moving average for the first time in 5 months

Cathie Wood’s flagship ARK Innovation ETF dipped below its 200-day moving average for the first time since Nov. 13, 2023. The fund now trades at its lowest point since Feb. 6. Investors have retracted $1.4B from the fund.

Weekly Report: what happened at ARKF last week (0408-0412)?

Tailwinds In Tech

William Blair: We are in a new demand cycle for tech hardware. Smartphones and PCs are still the largest end-markets, but their outlook is improving. AI presents a second avenue of growth for many of these Taiwanese companies, says Hiraman. The past year’s gains in Taiwan tech were primarily driven by increases in stock valuations.

Cathie Wood-Led Ark Invest Continues To Sell Coinbase Shares, Despite Uptick In Bitcoin, Loads Up On Palantir Stock

Cathie Wood-led Ark Invest sold shares of Coinbase Global, Inc. And purchased those of Palantir Technologies Inc. On Wednesday. The COIN Trade Ark sold 24,141Coinbase shares worth $6.06 million. The company’s stock, COIN, has been climbing higher.

Cathie Wood says she invests for a ‘5-year horizon' ... but has lost ground over that time

Tech Cathie Wood says she invests for a ‘5-year horizon' ... But ARKK has lost ground over that time. The flagship ARK Innovation ETF has significantly underperformed the broad market averages over the last five years. ARKK's CEO and CIO has consistently said she has a 5-year investment horizon.

Block's Growth Fueled by Cash App Expansion, Square Ecosystem Focus, Says Analyst

Mizuho analyst Dan Dolev maintained Block Inc with a Buy and raised the price target from $99 to $106. Dolev says Cash App and Square ecosystems could drive a meaningful upside to the 2024 guide. The analyst flagged four key levers for the company.

Cathie Wood's Ark Buys Roku, Palantir And $1M Worth Of Stock In This Healthcare Company

Cathie Wood's Ark Invest bought 12,647 shares of streaming device manufacturer Roku, Inc. The company is the third biggest holding of Ark's flagship ARKK exchange-traded fund. The fund also bought 3,974 shares of AI play Palantir Technologies.

Tesla overtakes Coinbase as top holding of Cathie Wood’s flagship ETF

Cathie Wood's Ark Pauses Robinhood Selling But Continues To Offload This Crypto-Linked Stock Amid Bitcoin's Rebound

Cathie Wood's Ark Invest paused the sale of one of two crypto-linked stocks on Monday. The company sold more of cryptocurrency exchange Coinbase Global, Inc. The exchange rallied 6.68% on Monday before closing at $256.99. Ark also sold shares of trading app Robinhood on Monday but not in the shares.

Cathie Wood's Ark Sheds Nearly $4M Nvidia Shares And Trims Position In This AI Peer

Cathie Wood-run Ark Investment Management on Monday sold more shares of AI stalwart Nvidia Corp. (NASDAQ:NVDA) The company also sold 3,129 shares of Alphabet, Inc. Ark also shed some shares of another AI play on Monday.

Weekly Report: what happened at ARKF last week (0401-0405)?

April 2024 Perspective

Home Market Outlook Today's Market April 2024 Perspective: Manning & Napier. The market is continuing to focus on the soft landing scenario in the equity market. Energy and Materials were the strongest performing sectors in March. The Information Technology sector has started to show signs of cracks.

Equity Outlook: Earnings Step Back Into The Market Spotlight

Too many companies with solid earnings growth haven’t been rewarded in narrow equity markets. Global equities advanced briskly in the first quarter. Earnings growth is poised to take center stage as a driver of stock returns for wider equity markets, says AllianceBernstein. The market's resilience reflects a potential turning point for equity investors.