The Latest Breaking News from Cathie Wood

Cathie Wood’s ETFs performed miserably this year amid a market rout caused by soaring inflation, the Fed’s aggressive rate hikes, and rising odds of a recession. More trouble awaits her hedge fund, concentrated in tech, as September job gains almost affirm another aggressive rate hike in the Fed’s next meeting.…

Innovation investor and founder of Ark Invest Cathie Wood issued a warning, saying she is more concerned about deflation than the Federal Reserve's widely anticipated interest rate hikes to lower rising infl

Cathie Wood’s ETFs have hit a rough patch this year amid volatile market conditions caused by sky-high inflation and the Fed’s hawkish tilt. Moreover, the stock market is expected to remain under pressure in the coming months since the central bank intends to keep hiking rates. So, we think it…

Cathie Wood, the founder of ARK Investment Management, has said the current U.S. monetary policy is significantly more restrictive than in the 1980s when, to kill inflation, former Federal Reserve Chair Paul Volcker had pushed the Fed funds rate up two-fold from 10% to 20%.

The U.S. Federal Open Market Committee starts a two-day monetary policy meeting on Tuesday. Ahead of it, Tesla Inc. (NASDAQ: TSLA) CEO Elon Musk took to Twitter to comment on inflation and interest rates.

Benzinga has examined the prospects for many investors' favorite stocks over the past week, here's a look at some of our top stories. 

Roku Inc. (NASDAQ: ROKU) stock has struggled over the last year with shares down over 80%. Ark Invest, led by Cathie Wood, remains heavily invested in the streaming platform and hardware maker.

Biotech company Ginkgo Bioworks’ (DNA) top-line growth didn’t translate into bottom-line improvement in its last quarter. The stock is currently trading approximately 84% below its 52-week high, and analysts expect the company to report significant losses in the fiscal 2022 and 2023. However, since renowned investor Cathie Wood has recently…

Digital health company Butterfly Network (BFLY) reported a year-over-year increase in revenue in the last quarter, but its bottom line declined significantly. Moreover, its near-term prospects look bleak as analysts expect the company’s loss to widen in the coming quarters. However, since Cathie wood has recently loaded up shares of…