Tag Archives: Cathie

Coinbase (COIN) released its fourth quarter report beating expectations with a revenue of $953.8 million. Bitcoin (BTC-USD) regained its $1 trillion market cap on Wednesday for the first time since 2021. With the rise of bitcoin investing with spot bitcoin ETF approval, many on Wall Street are expressing more interest in the digital asset. Ark Invest CEO and CIO Cathie Wood, a vocal advocate of bitcoin, joins Yahoo Finance to give her insight into the crypto markets, Coinbase’s performance,… Source link

[unable to retrieve full-text content]Cathie Wood, Meredith Whitney and more: C-Suite Insights  Yahoo Finance Source link

[unable to retrieve full-text content]Cathie Wood talks Tesla, Elon Musk, & spot bitcoin ETF approval  Yahoo Finance Source link

[unable to retrieve full-text content]Cathie Wood is still all-in on bitcoin: Morning Brief  Yahoo Finance Source link

[unable to retrieve full-text content]Cathie Wood says AI will power the ‘most massive productivity increase in history’  Yahoo Finance Source link

[unable to retrieve full-text content]Cathie Wood says AI will power the ‘most massive productivity increase in history’  Yahoo Finance Source link

Elon Musk fan Cathie Wood seized a sizable chunk of Tesla stock (TSLA) late Wednesday after the stock extended a recent skid to its lowest level in more than two years. ARK Invest, Wood’s investment management firm, snapped up 74,862 shares of the electric-vehicle maker across three of her exchange-traded funds, according to a daily transaction report sent via email. The purchase was valued around $11.7 million, based on Wednesday’s closing price of $156.80. The snap-up by ARK also comes… Source link

Elon Musk has been running Twitter since being forced to go through with his purchase of the social-media company in October. But Musk’s current post is not a permanent position, with the billionaire saying last month he intends to find someone else to run Twitter. And noted Elon Musk booster Cathie Wood has a potential candidate: ex-Twitter chairman Bret Taylor, who stepped down last week as co-CEO of Salesforce. Taylor “certainly understands” Twitter, Wood, the CEO and chief investment… Source link

Bold bets on high-flying technology stocks from Cathie Wood’s ARK Invest have destroyed an estimated $1.3 billion in shareholder wealth over the past decade, a Morningstar analysis published this week found. And these losses don’t take into account the sharp declines seen across ARK’s suite of investment offerings so far this year. According to Morningstar, the bulk of these losses came primarily from two of ARK’s actively managed vehicles last year: the ARK Genomic Revolution ETF (ARKG) and… Source link

ARK Invest founder and CEO Cathie Wood thinks many of the market’s woes may be alleviated if Republicans win control of at least one chamber of Congress this midterm cycle. The famed fund manager, whose speculative technology-focused funds have been battered by restrictive central bank policies, said in a webcast Tuesday that a Republican sweep of the House may usher in more welcome fiscal decision-making. “I don’t think it will be because of the Republicans getting into office,” she… Source link