The Latest Breaking News from Ark Invest

ARK Invest bought the dip in Coinbase this week, providing a vote of confidence for the crypto space after a string of SEC lawsuits against exchanges.

Following underwhelming performance in two consecutive years, 2021 and 2022, Cathie Wood’s flagship fund, ARK Innovation (ARKK), is sporting approximately 34% year-to-date returns. ARKK’s portfolio focuses on disruptive innovation companies which have massive growth potential. So, let’s find out if ARKK is an ideal buy for June. Read on….

Ark Invest founder Cathie Wood clarified her firm's flagship fund Ark Innovation ETF (NYSE: ARKK) decision to cash out of Nvidia.

The tech investor cut her holdings of Nvidia in mid-January, thus missing the rally in the chipmaker's shares throughout 2023.

Many Tesla investors think the automaker’s future of autonomy could generate significant revenue, but they have no way to know for sure when it might happen.

Wood opened up at Fortune’s Most Powerful Women Next Gen conference about Elon Musk, Bitcoin, and the millions who followed her advice when she got it wrong.

“I own two, so I’m covered,” the Tesla fan and longtime investor said.

There are many reasons Tesla could have much success going forward, but ARK CEO Cathie Wood has her eyes on something Elon Musk has been teasing for years.

The ARK Invest CEO said Tesla’s prospective robotaxi business is “one of the most important investment opportunities of our lifetimes.”

Shares of famous sports betting and gaming company Flutter (PDYPY) gained more than 70% over the past six months. The company delivered a strong performance in high-growth markets last year. Moreover, it is well-placed to continue its business momentum in 2023 and beyond, driven by its diversified brand portfolio and…

Tesla has been streamlining operations and reducing costs for years. However, based on details from Investor Day, the cost reductions have only just begun.