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The Latest Breaking News from ARK

Cathie Wood's ARK Invest Dumps Coinbase, Adds More Robinhood Stock

The recent COIN share sale by ARK's Fintech Innovation exchange-traded fund (ETF) is the biggest since July 25, 2023, when the ARK Next Generation Internet ETF sold over 53,000 COIN shares.

International Business Times

That new version of Ark's just had its crossplay yanked out of the PC version because you're a big old bunch of cheaters

Welcome to Jurassic lark.

PC Gamer

Ark: Survival Ascended launches on PS5 tomorrow following delay

Ark: Survival Ascended is finally coming to PlayStation 5 tomorrow.

TechRadar

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SEC's Latest Move On Franklin Templeton Triggers Speculations On 'Full Wave' Spot Bitcoin ETF Approvals

The SEC's latest move on Franklin might also apply to Hashdex, analyst James Seyffart said, adding it might set in motion what industry watchers, including ARK Invest's Cathie Wood, have been discussing earlier about a potential full wave of approvals.

International Business Times

ARK Selling GBTC Holdings Does Not Really Mean It Is Bullish On Bitcoin, ETF Analyst Says

Last week, American investment management firm ARK Invest sold more GBTC shares, specifically 163,722, to earn $5.02 million.

International Business Times

Studio Wildcard and Overwolf announce the 2023 ARKathon Mod Contest with $350,000 in prizes for creators and studios

Ark: Survival Ascended will be among the first games to offer cross-platform mod support when it finally launches on consoles, and the studio behind the dino survival open-world are celebrating with a mod contest. Individual creators and studios alike could receive prizes that total $350,000.

Windows Central

Cathie Wood says forget inflation, deflation is the real enemy after the Fed hiked rates too far, too fast

“I think the Fed’s overdone it. I think we’re going to see a lot more deflation going forward,” the ARK Invest CEO and founder said this week.

Fortune

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Ark: Survival Ascended Xbox version delayed as it remains in certification process

Ark: Survival Ascended has been hit with a last-minute delay on Xbox due to it "still going through the certification process."

TechRadar

DKNG Stock: Cathie Wood, ARK Invest Unload Nearly $35 Million Of DraftKings Shares

Cathie Wood, ARK Invest sold nearly $35 million of DKNG stock over two days. Betting giant DraftKings rallied 212% in 2023.

Investors Business Daily

Ark: Survival Ascended will release next week on Xbox, but PlayStation users have longer to wait

Ark: Survival Ascended is set to launch on Xbox Series X|S on November 14, but no date has been confirmed yet for PS5.

TechRadar

Cathie Wood is betting on Bitcoin, saying the ‘digital gold’ is more deflation-proof than traditional assets

Cathie Wood, CEO of ARK Invest, said she'd bet on Bitcoin over gold or cash in the next 10 years.

Fortune

Dow Jones Futures Rise, Apple Falls On Holiday Outlook; Jobs Report Due

The market roared higher again Thursday, but the jobs report looms large. Apple warned on holiday sales.

Investors Business Daily

Cathie Wood calls Europe 'most complicated region in the world' for ETFs

Wood told the FT Europe would be a "tough nut to crack," with ETFs much less popular in the region than in the US.

Fortune

Tesla’s Fundamental Challenges Don’t Deter Ark Investment’s Optimistic Outlook

Tesla's challenges and price cuts weigh on investor sentiment, but Ark Investment Management remains optimistic

Zenger

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Investors Business Daily

Cathie Wood's Biggest Holdings Are Tumbling, Including Tesla

Cathie Wood's Ark Invest has big stakes in speculative plays such as Tesla and Coinbase. But even 2023's big winners are well off highs.

Fortune

Elon Musk might have lost a fortune on Tesla stock but ARK’s Cathie Wood is sticking by him—saying the ‘intensity of his brain cells’ takes him to new levels when facing hardship

Tesla's stock has taken a hit after a lackluster earnings call—but ARK CEO Cathie Wood says Elon Musk is pushed to new heights by turmoil.

Investors Business Daily

Dow Jones Futures Fall With Market Rally Rangebound; Five Stocks Near Buy Points, Tesla Earnings Due

The market rally is stuck in a range with Treasury yields surging. Tesla earnings loom. Super Micro is among five stocks near buy points.

Investors Business Daily

DraftKings Stock Flirts With New Buy Signal After 167% Rally On Sports Betting Boom

IBD Stock Of The Day: DraftKings makes an interesting bet as it eyes a buy point. It boasts accelerating growth amid a wave of legal sports gambling.

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Barchart

2 Cheap Cathie Wood Stocks to Scoop Up in October

After the recent sell-off that's hammered growth stocks lower, here are 2 ARKK holdings to buy this October - at even lower prices than Cathie Wood just paid.

Zenger

Ark Investment Sees 3D Printing As Key To Electric Robotaxis, Estimates $500B Opportunity

Cathie Wood-led Ark Investment Management believes 3D printing will revolutionize the automotive industry

Investors Business Daily

DraftKings Climbs On Upgrade To Buy. Cathie Wood, ARK Invest Are Cashing In.

DraftKings was upgraded to buy as a strong name in an "appealing" gambling sector. DKNG stock jumped. Meanwhile, Cathie Wood, ARK Invest are taking profits.

Fortune

Cathie Wood reveals why she steered clear of Arm IPO frenzy

"We did not participate in that IPO."

Zenger

Cathie Wood’s Ark Invest Increases Stake In Advanced Micro Devices

Ark's move comes amid the firm divesting its stake in rival chipmaker Nvidia.

Investors Business Daily

Aerospace EV Maker Rallies 240% This Year: Cathie Wood Stocks Up

Archer Aviation stock soared 240% as the electric aircraft maker gears up for takeoff in early 2025. ARK Invest CEO Cathie Wood is buying in.

Fortune

Cathie Wood’s flagship ARK fund has rebounded this year—but only 4 of its 27 holdings are profitable

Wood profited from riding a number of this year's big winners, including Coinbase and Tesla, but her overall portfolio has a profitability problem.

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