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The Latest Breaking News from ARK

Bitcoin Dominance Plummets But Spot BTC ETF Progress Sparks Hope For $45K Target

Bitcoin ended last week at around $41,400, recording a 5.5% loss from the previous week's closing value of around $43,800. It continued to dip Monday, reaching a weekly low of about $40,425.

International Business Times

ARK Invest Yields To SEC's Instruction As First Wave Of Possible Bitcoin ETF Approvals Nears

ARK's latest move suggests that the U.S. Securities and Exchange Commission did not budge on its preferred creations and redemptions model.

International Business Times

Ark: Survival Ascended lead designer Jeremy Stieglitz admits 'the servers are ass, they run like ass, and their stability is ass'

"We need to improve it, it's gonna be improved imminently," Stieglitz said on a Twitch stream.

PC Gamer

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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

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

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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

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

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

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

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Zenger

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

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.

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

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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.

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.

Zenger

Cathie Wood’s Ark ETFs Gain More Than $600 Million In A Single Day

Impetus for the surge came from a widespread rally in both crypto-related and electric vehicle stocks.

Fortune

Cathie Wood swoops in for Dutch payments company shares right after its $20B market wipe-out

The investment firm has held a stake in Adyen since 2019, and following the additions, ARK's stake in the payments processor is now worth $14.5 million.

StockNews.com

Is ARK Innovation ETF (ARKK) a Good Buy Right Now?

Well-known investor Cathie Wood’s flagship fund ARK Innovation (ARKK) has had an outstanding year so far as her top holdings rebound from significant losses triggered by higher interest rates. ARKK is up more than 55% year-to-date. Amid an uncertain market backdrop, let’s find out if ARKK is a good trade…

Zenger

Ark Investment Management’s Flagship ETF Exits Chinese Stocks Amid Regulatory Crackdown

Cathie Wood's Ark Innovation ETF shifts strategy, diversifies away from Chinese stocks

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