ARK Investment Management

ARK Investment Management CEO Cathie Wood is advocating for Bitcoin (CRYPTO: BTC) as the ultimate defense against deflation over the next ten years, as reported by Bloomberg on Thursday. What Happened: Wood perceives Bitcoin as “digital gold,” forecasting its growth alongside the...

Elon Musk’s Neuralink will likely collect sizeable revenue from its N1 brain implant in out years, according to an analyst at Ark Investment Management. What Happened: If the N1 module and R1 surgical robot succeed in getting FDA approval for ALS, a neurodegenerative disorder that results in...

The Securities and Exchange Commission has once more postponed its verdict on the approval of all the nation's inaugural Bitcoin (CRYPTO: BTC) focused exchange-traded fund until October. The move leaves industry proponents perplexed, especially in light of a recent court judgment that...

Ark Investment Management CEO Cathie Wood said late Monday that Federal Reserve's continued rate tightening will lead to deflation-induced rapid economic slowdown not only in the U.S. but also internationally. What Happened: “The Fed has precipitated and exacerbated the risk of a global...

The U.S. Securities and Exchange Commission (SEC) once again postponed its verdict on the spot Bitcoin (CRYPTO: BTC) exchange-traded fund (ETF) put forward by ARK Investment Management. The SEC on Aug. 11 initiated a 21-day public comment window for the ARK 21Shares Bitcoin ETF, marking another...

On Wednesday, Cathie Wood-led Ark Invest made a significant move by purchasing shares of Roblox Corp (NYSE:RBLX) following its recent quarterly earnings report. The decision comes after Roblox’s stock took a hit post its second-quarter earnings announcement. The Roblox Trade Ark purchased a...

On Tuesday, Aug. 8, 2023, Cathie Wood-led Ark Invest made headlines by purchasing nearly $14 million worth of shares in Palantir Technologies Inc (NYSE:PLTR). This significant acquisition comes in the wake of Palantir’s recent second-quarter earnings report, which aligned with estimates and...

On Monday, August 7, 2023, Cathie Wood-led Ark Invest made significant trades, with the most notable being a substantial acquisition of shares in Pacific Biosciences of California (NASDAQ:PACB). This move comes shortly after PACB announced its impressive second-quarter financial results, showcasing...

On Thursday, Cathie Wood-led Ark Invest made several trades, the most prominent being a substantial purchase of Robinhood Markets Inc (NASDAQ:HOOD) shares. This move comes in the wake of Robinhood’s recent Q2 earnings report that beat Street estimates and marked the company’s first...

On Wednesday, August 2, 2023, Cathie Wood-led Ark Invest made several significant trades, the most notable being a substantial purchase of shares in Iridium Communications Inc (NASDAQ:IRDM). This move comes in the wake of recent developments around Iridium, including the approval of an additional...

On Tuesday, Cathie Wood-led Ark Invest made several trades, the most prominent of which was a significant purchase of shares in AvidXchange Holdings Inc (NASDAQ:AVDX). This move comes amidst a series of upcoming investor conferences that the payments processing software firm is set to participate...

On Monday, Cathie Wood-led Ark Invest made several trades, the most notable of which was the sale of Robinhood Markets Inc (NASDAQ:HOOD) and Coinbase Global Inc (NASDAQ:COIN) shares. Ark also increased its stake in Pinterest Inc (NYSE:PINS). The Robinhood Trade: Ark Invest sold 373,175 shares of...

On Thursday, Cathie Wood-led Ark Invest made a significant purchase of SoFi Technologies Inc (NASDAQ:SOFI) shares, amidst a volatile market environment for the company. This move comes in the wake of Morgan Stanley’s recent downgrade of SoFi, citing overly optimistic expectations for the...

On Wednesday, Cathie Wood-led Ark Invest continued to trim its stake in the Warren Buffett-backed Chinese EV maker, BYD Co Ltd (OTC:BYDDY), while also reducing its holdings in Coinbase Global Inc (NASDAQ:COIN). This comes amidst a competitive global EV market and recent shifts in Ark’s...

Cathie Wood's Ark Investment Management continued to load up on shares of COVID-19 vaccine maker Moderna, Inc. (NASDAQ:MRNA) this week. The purchases assume importance as the Cambridge, Massachusetts-based company is scheduled to report its second-quarter results Thursday, Aug. 3. What Happened:...