The Latest Breaking News from Cathie Wood

ARK Invest has reduced the valuation of its Twitter stake by 47% since the company was taken private by Elon Musk last year.

Elon Musk has said advertising has plunged on his social media platform and it is cashflow negative

Ark Investment Management suggests Tesla could command 80-90% of gross revenues, surpassing previous estimates.

Institutional interest in crypto was "thrown off" last year when FTX collapsed, "but I think we've seen the worst," says the CEO and founder of ARK Invest.

Ark has been a seller of the stock through its strong recent sessions as Tesla reported stellar second-quarter deliveries. ‌

ARK Invest bought the dip in Coinbase this week, providing a vote of confidence for the crypto space after a string of SEC lawsuits against exchanges.

Following underwhelming performance in two consecutive years, 2021 and 2022, Cathie Wood’s flagship fund, ARK Innovation (ARKK), is sporting approximately 34% year-to-date returns. ARKK’s portfolio focuses on disruptive innovation companies which have massive growth potential. So, let’s find out if ARKK is an ideal buy for June. Read on….

Ark Invest founder Cathie Wood clarified her firm's flagship fund Ark Innovation ETF (NYSE: ARKK) decision to cash out of Nvidia.

Ark admits Nvidia’s importance in powering the AI revolution but the firm believes the stock may have outpaced its current value.