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The Latest Breaking News from Ark Invest

Cathie Wood buys falling tech stocks, anticipating a market rebound

Investors like Wood see slipping stocks as a bargain, while others prepare for a bear market.

Fortune

1 Cathie Wood Stock With 55% Upside Potential

This Ark Invest biotech stock pick, with 55% potential upside, garnered a vote of confidence from Jefferies last week.

Barchart

Tesla Q2 Earnings Preview: Is TSLA Stock a Buy or Sell Ahead of the Report?

Tesla will release its Q2 earnings on Tuesday after the bell. Here's the earnings preview for the Elon Musk company.

Barchart

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TSLA Stock Forecast: Will Tesla Keep Going Up in 2024?

Tesla stock gained 27% in the last week and erased its losses for the year. Can TSLA stock keep going up in 2024 as sentiments improve?

Barchart

Can Elon Musk Make Tesla Stock More Valuable Than Nvidia With AI Products?

Tesla's CEO Elon Musk believes that the Optimus humanoid could add $25 trillion to TSLA’s market cap. Can Tesla beat out Nvidia, Apple, and Microsoft to become the world's biggest company?

Barchart

Trump Reportedly In Talks To Speak At Largest Bitcoin Event This Year

Donald Trump, a former Bitcoin critic, is reportedly in talks to become a speaker at Bitcoin 2024 next month, and if he does get into the speakers list, he will join BTC advocate and another presidential contender, Robert Kennedy Jr.

International Business Times

ARK Invest CEO Cathie Wood says Trump has her vote because he’ll be better for the economy, but then asks to pull the interview

The renowned tech investor said she planned to cast her vote for Trump over Joe Biden come November.

Fortune

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ARK Invest Pro-Bitcoin CEO Cathie Wood Says She Will Vote For Trump

ARK Invest's Cathie Wood has been optimistic about how Bitcoin can make a mark in the financial world, and Donald Trump has been increasingly vocal about his support for the crypto sector in recent months.

International Business Times

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

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

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

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

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International Business Times

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

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.

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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news in one place.

100’s of premium titles.
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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.

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).

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.

International Business Times

Spot Bitcoin ETF Fee War Escalates Prior To SEC's Approval Announcement

ARK 21 and VanEck's spot Bitcoin ETFs lead with a 0.25% fee, followed by Fidelity at 0.39%, Wisdom Tree at 0.50%, Invesco at 0.59%, Valkyrie at 0.80% and Hashdex at 0.90%.

International Business Times

Chance Of SEC Rejecting Bitcoin ETF Down To 5%, Says ETF Analyst

Aside from industry experts sharing their forecasts on the possibility of the SEC approving or rejecting spot Bitcoin ETF proposals, the crypto community is also betting on it.

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