Tag Archives: Wood

Coinbase is ‘executing brilliantly’: Ark Invest’s Cathie Wood

Coinbase is ‘executing brilliantly’: Ark Invest’s Cathie Wood

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

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Cathie Wood thinks former Salesforce CEO Bret Taylor should run Twitter next

Cathie Wood thinks former Salesforce CEO Bret Taylor should run Twitter next

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

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Fed critic Cathie Wood counts on Republican midterm win for “friendlier” monetary policies

Fed critic Cathie Wood counts on Republican midterm win for “friendlier” monetary policies

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

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Why Cathie Wood is ‘excited’ to see what Elon Musk would do with Twitter

Why Cathie Wood is ‘excited’ to see what Elon Musk would do with Twitter

Long-time Tesla bull and Elon Musk supporter Cathie Wood thinks the billionaire’s ownership of the social media platform is exactly what it needs. “I am kind of excited to see what Elon will do,” the noted tech investor told Yahoo Finance Live in an exclusive and wide-ranging interview on Thursday (full video above). “I actually think he will work closely with [Twitter Founder] Jack Dorsey and maybe open up the ecosystem, take away the censorship, make it much more transparent, and I think… Source link

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Ark Invest’s Cathie Wood gives up portfolio manager role at two of firm’s ETFs

Ark Invest’s Cathie Wood gives up portfolio manager role at two of firm’s ETFs

ARK Invest founder and CEO Cathie Wood relinquished her role as portfolio manager at two of the investment management firm’s exchange-traded funds, according to a regulatory filing. William Scherer, who has served as a trading manager at ARK since 2014, has been appointed to handle investments in place of Wood for the company’s two index funds, ARK 3D Printing ETF (PRNT) and ARK Israel Innovative Technology ETF (IZRL) beginning September. The 3D printing-focused fund has a net value of… Source link

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