ARK Investment Management

On Tuesday, Cathie Wood-led Ark Invest made a series of trades, with the most notable being the purchase of shares in Spotify Technology SA (NYSE:SPOT) and Iridium Communications Inc (NASDAQ:IRDM), and the sale of shares in Coinbase Global Inc (NASDAQ:COIN) and Tesla Inc (NASDAQ:TSLA). The Spotify...

On Monday, Cathie Wood-led Ark Invest made a series of trades, the most notable of which involved selling 64,800 shares of Warren Buffett-backed EV maker, BYD CO LTD (OTC:BYDDY) (OTC:BYDDF), through its ARK Autonomous Technology & Robotics ETF (NYSE:ARKQ), and buying up 61,741 shares of Moderna...

Cathie Wood-run Ark Investment Management's flagship exchange-traded fund, the Ark Innovation ETF (NYSE:ARKK), has exited Chinese stocks amid a crackdown on high-profile big tech companies in the Asian country. What Happened: According to the quarterly fund webinar held on...

On Thursday, July 20, 2023, Cathie Wood’s Ark Invest made two trades, one of which was a significant investment in Taiwan Semiconductor Mfg. Co. Ltd. (NASDAQ:TSM). This move comes in the wake of the company’s recent Q2 earnings report and amidst a broader focus on AI technologies. The...

Investors have reportedly been pulling money out of Cathie Wood‘s flagship exchange-traded fund, the ARK Innovation ETF (NYSE:ARKK), despite its rally of over 50% this year.  What Happened: Over the past 12 months, investors have withdrawn a net $717 million from...

Cathie Wood-led Ark Invest made several trades on Wednesday, the most prominent of which was the sale of shares in Tesla Inc (NASDAQ:TSLA). This move comes amidst Tesla’s stock continuing its upward trajectory, with the EV maker recently reporting stellar second-quarter deliveries and...

In the midst of Tesla Inc.'s (NASDAQ:TSLA) highly-anticipated second-quarter delivery report, Elon Musk's warning to shareholders has echoed loudly, as he cautioned them to navigate the treacherous waters of "margin loans" and market mania with utmost care.  What Happened: Tesla is widely expected...

Cathie Wood-led ARK Invest Management sold off even more Tesla Inc (NASDAQ:TSLA) shares on Wednesday. What Happened: The Wood-led ARK sold off nearly $7.3 million worth of Tesla stocks through the ARK Autonomous Technology & Robotics ETF (NYSE:ARKQ) and ARK Next Generation Internet ETF (NYSE:...

Cathie Wood's Ark Investment Management has regained momentum this year as its actively-managed exchange-traded funds capitalize on the tech rally.  Core Scorecard: Ark Innovation ETF (NYSE:ARKK), the firm’s flagship fund, has surged approximately 35% in the first...

Cathie Wood’s ARK Investment Management LLC on Monday said that it is the first in line to obtain approval for a potential spot-Bitcoin (CRYPTO: BTC) ETF. What Happened: This contrasts with industry speculation that BlackRock (NYSE:BLK) is ahead in the race for approval, given its recent...

Cathie Wood-led ARK Investment Management bought over $3.8 million in chip stocks on Monday as the market witnessed some correction in recent times. Funds operated by ARK bought over 18,500 shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) at an estimated valuation of close to $2 million based on...

Ark Investment Management, led by Cathie Wood, expressed skepticism on Tuesday regarding Toyota Motor Corp‘s (NYSE:TM) new electric vehicle strategy. What Happened: In a newsletter, analyst Sam Korus stated that Toyota’s EV strategy does not appear poised for...

Cathie Wood-led ARK Investment Management continued to book profits in Tesla Inc (NASDAQ:TSLA) shares this week as well with the stock maintaining its rally. Funds operated by ARK sold over 31,500 shares of the EV-maker at an estimated valuation of over $8.6 million based on Tuesday's closing price...

Cathie Wood's Ark Invest made a semiconductor pair trade on Monday, daily trade information from the firm showed. Betting On Biggest Foundry: Ark through its Ark Autonomous Technology & Robotics ETF (NYSE:ARKQ) bought 98,170 shares of Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM...

Cathie Wood-led ARK Investment Management on Monday sold a whopping stake in Tesla Inc (NASDAQ:TSLA) possibly booking some lucrative profits after the stock surged 131.11% since the beginning of 2023. Funds operated by ARK sold over 393,000 shares of the EV-maker at an estimated valuation of over $...