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The Latest Breaking News from ARK

Cathie Wood's stunning new $2,600 Tesla prophecy and Wall Street's Nvidia stock prediction share an often overlooked investing truth

Baked into the expectations for Tesla and Nvidia stock are the vision that a single player will dominate a revolutionary industry, facing little competition, virtually in perpetuity.

Fortune

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

2 Standout Cathie Wood Stocks That Just Scored Upgrades

These two Cathie Wood stocks, which have earned a vote of confidence from Bank of America, are sailing past the broader market this year.

Barchart

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Have you seen the Wizard in King Street?

A discovery of witches on King Street.

Newcastle Herald

What Does Tesla Stock's Latest Slide Mean for Investors?

Tesla stock is down more than 35% in 2024 and the company just announced layoffs. Here's what you need to know.

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

Paramount Plus startles subscribers with surprise drop of long-awaited mystery show

Ark: The Animated Series adapts Ark: Survival Evolved and it's been released on Paramount Plus with no fanfare whatsoever.

WhatToWatch

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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.

International Business Times

Recent ETH Price Rally Driven By US Demand, Data Shows

Following the approval of spot Bitcoin ETFs, there is much excitement and anticipation in the crypto market for spot Ether ETFs, and it appears U.S. investors are particularly interested in ETH, as per recent data.

International Business Times

SVTA Announced Recipients of Membership Grant Program

Alvalinks, ARK Multicasting, id3as and BackBone Networks (Wiber) are among the companies receiving memberships

TV Tech

Ark Investments Ranked Top Wealth-Destroying ETF Issuer - Report

ARK Investments, led by Cathie Wood, has been named as the top wealth-destroying ETF issuer in a report by Morningstar, raising concerns about the performa...

Top News

Palworld vs. Ark: Survival Evolved shows just how much survival games have changed in 9 years, even when they seem so similar

NotPokémon versus Dinosaurs: How does Palworld stack up against the survival game the landmark survival game?

PC Gamer

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

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

Kiplinger

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

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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

Bitcoin Leads Market-Wide Rally As SEC Approves 11 Bitcoin ETFs

Bitcoin saw a significant spike in its value Wednesday following the approval of Bitcoin ETF in the country, although it was nowhere near its all-time high price of $69,000 in November 2021.

Fortune

BlackRock and Grayscale among 11 firms approved for spot Bitcoin ETFs in long-awaited SEC decision

The agency was forced into action after a landmark court victory by the crypto firm Grayscale and the arrival of major players like BlackRock and Fidelity.

International Business Times

Bitcoin ETF Fee War Persists As BlackRock, ARK 21Shares Cut Fees Ahed Of SEC Decision

The fee war in the Bitcoin ETF is expected since the SEC is anticipated to approve multiple applications simultaneously and issuer will offer the best fee to get the market share.

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news in one place.

100's of premium titles.
One news app.

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.

International Business Times

ARK Invest Continues COIN, Robinhood Sell-off As Spot Bitcoin ETF Decision Looms

ARK Invest purchased over 105,000 shares of Tesla while simultaneously selling off COIN shares worth over $25 million Wednesday.

International Business Times

Bitcoin Critic Jamie Dimon's JP Morgan To Purchase BTC For BlackRock, Valkyrie

Dimon made headlines last month when he vocally criticized Bitcoin, the world's largest crypto asset by market capitalization, saying he would "close down" BTC if he was the one running the U.S. government as the crypto asset, along with other cryptocurrencies, is used by criminals.

International Business Times

ARK Files Final Spot Bitcoin ETF Amendment Ahead Of SEC's Deadline

Last week, it was reported that the SEC met with hopeful spot Bitcoin ETF issuers to iron out details of their filings and inform them of a deadline for submitting amended proposals on Dec. 29.

International Business Times

ARK Offloads GBTC Stake To Fund Ark 21Shares Bitcoin ETF: Analyst

Half of the proceeds from ARK Invest's GBTC sale, approximately worth $100 million, were used to purchase the BITO Bitcoin Futures ETF.

International Business Times

Grayscale Surrenders To SEC's Preferred Creation/Redemption Model, Submits Amended Bitcoin ETF Application Following Silbert's Resignation

Like BlackRock and ARK, Grayscale also initially said it would use the in-kind creation and redemption model on its spot Bitcoin ETF. But as Wall Street giants ironed out details with the regulator – probably looking to be a part of the first wave of applications to be approved by…

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