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The Latest Breaking News from Ark Invest

EXCLUSIVE: ALTA CVO Talks Tokenization 'Optimism,' Crypto Regulation Sentiment At Consensus 2024

Consensus 2024 was the biggest event so far in the crypto space this year, and among the key discussions during the gathering of key industry players were tokenized funds and assets, as well as a thorn in the U.S. SEC's side: regulation.

International Business Times

Should You Buy Tesla Stock for 1,329% Upside?

Tesla has created massive wealth for shareholders since its IPO, and might have game-changing upside potential, according to this Wall Street investor.

Barchart

Tesla China Registrations Are Down 9% With Two Weeks Remaining In Q2; But Analysts Project Strong Global Tally

Tesla vehicle registrations in China are trailing last year's total with just two week's left in the second quarter.

Investors Business Daily

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How The SEC's Latest Elon Musk Investigation Could Hit Tesla

The Wall Street Journal reported Monday that Musk waited to disclose his Twitter stake until he owned more than 9%.

Investors Business Daily

Cathie Wood’s ARK Invest predicts Tesla stock will surge 1,345% over the next five years. Elon Musk says it’s an ‘extremely challenging, but achievable’ target

ARK Invest estimates nearly 90% of Tesla’s revenue will come from one source by 2029: robo-taxis.

Fortune

Cathie Wood Sets 5-Year Expectation For Tesla Stock At $2,600 Per Share

Cathie Wood and her Ark Invest firm updated their Tesla stock price target for 2029, betting big on the EV giant's robotaxi aspirations.

Investors Business Daily

Ark Invest CEO Cathie Wood Boosts Stake in Firms Making Breakthroughs in Gene Editing, AI Drug Development, and Obesity Drugs

Cathie Wood splurged millions in biotech this year on strong clinical progress, AI adoption, sales growth, wider outreach, and steady product pipelines.

International Business Times UK

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Why Tesla Stock Is Soaring After a Q1 Earnings Miss

Tesla came up short of analysts' expectations for its first quarter, yet its stock is roaring higher today. Here's why.

Kiplinger

Can Tesla Stock Really Hit $2,000? Cathie Wood Thinks So

Tesla epitomizes the convergence of three key technologies, Ark Invest's Cathie Wood says. Here's what you need to know.

Kiplinger

Why Cathie Wood Sees Bitcoin Price Soaring To $3.8 Million

Driving this rosy prediction is the rise in institution-supported bitcoin ETFs.

Investors Business Daily

Elon Musk is impressed with Cathie Wood's latest research

The ambitious investor caught Musk's eye with ARK's most recent prediction.

The Street

Tesla Stock Hit 10-Month Lows But Dive Doesn't Scare Cathie Wood

Tesla stock hit levels not seen since May 2023 Thursday and Cathie Wood bought the dip, spending $35 million on TSLA shares.

Investors Business Daily

Tesla Bull Says This Could Be The Year The EV Giant Loses Money. Cathie Wood Shovels Up Cheap Shares.

Morgan Stanley's Adam Jonas lowered his price target and cut projections Tuesday.

Investors Business Daily

Toncoin Soars After Telegram Announces TON Blockchain Integration For Creator Ad Revenue Payouts

Toncoin has jumped more than 20% in the last 24 hours in a rally driven largely by Telegram's unveiling of a new ad platform that will pay channel owners through the TON blockchain.

International Business Times

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International Business Times

ARK Invest, 21Shares Up Transparency With Chainlink Integration For Bitcoin ETF

ARK Invest and 21Shares has followed in Bitwise's footsteps, announcing they will disclose their spot BTC EFTs reserves through Chainlink's reserve proof platform.

Investors Business Daily

Coinbase, IBD Stock Of The Day, Surges Above Buy Point As Bitcoin Nears $55,000

Coinbase, Stock Of The Day, leapt back above a buy point as bitcoin price cleared $53,000 to a fresh two-year high.

Kiplinger

ARK Invest’s Cathie Wood is Searching for the Next Big Thing

ARK Invest’s Cathie Wood talks robo-taxis, crypto, AI and more.

International Business Times

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.

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International Business Times

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

BlackRock's IBIT Breaks The Billion Barrier: Top Executive Sheds Light On Inflow Surge

BlackRock's IBIT made a rare feat in the history of exchange-traded funds when it reached more than $1 billion in inflows within its first four days of trading.

Investors Business Daily

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.

International Business Times

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).

Investors Business Daily

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.

International Business Times

From Skepticism To Possibility: Musk Contemplates Bitcoin For Mars Colony

Musk, initially skeptical, is now reconsidering the use of Bitcoin as a potential currency for Mars colonization, contemplating its feasibility and the challenges of transaction times in space.

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.

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