(Bloomberg) — Michael Burry, the investor made famous by “The Big Short” movie, has taken aim at one of Wall Street’s hottest stars. Burry’s Scion Asset Management owned bearish put contracts against 235,500 shares of the ARK Innovation ETF (ticker ARKK) at the end of the second quarter, according to a regulatory filing Monday. The new position was valued at almost $31 million, the filing says. The flagship exchange-traded fund of Cathie Wood and her firm Ark Investment Management… Source link
Read More »Tiger Woods sheds walking boot in rare public appearance alongside young athlete with cancer
Tiger Woods has understandably kept a low profile since the February car crash that left him with substantial leg injuries. He’s made social media appearances, including a congratulatory tweet to his old rival Phil Mickelson for his PGA Championship victory on Sunday. But until this week, he’s only been known to show himself in public once — an April photo on crutches that he shared on Instagram. On Monday, a new photo of Woods surfaced on social media. This one he didn’t provide. It was… Source link
Read More »Cathie Wood’s Misery Mounts as ARKK Assets Dip Below $20 Billion
(Bloomberg) — Cathie Wood’s miserable month continued on Tuesday, as her flagship exchange-traded fund extended declines and its assets dropped below $20 billion to the lowest since January. The Ark Innovation ETF (ticker ARKK) slid 1% as of 9:47 a.m. in New York. Caught in a broad tech selloff, the product has fallen for nine of the past 10 sessions, a retreat that accelerated on Monday in the biggest slide in about seven weeks. Tesla Inc., the fund’s biggest holding, was down 3.5% on… Source link
Read More »Photo sparks concerning theory about Tiger Woods
Tiger Woods’ backyard golf course is under construction. Image: Getty/Twitter An aerial photo of Tiger Woods’ backyard golf course has sparked further intrigue about the golf legend’s future in the sport. The 15-time Major winner was travelling nearly double the speed limit when he veered off the road and flipped his car near Los Angeles in February. ‘SHAMEFUL’: Legend’s son banned over Masters ‘disgrace’ ‘SO UPSET’: Paige Spiranac slams Masters ‘racism’ backlash Woods suffered a shattered lower… Source link
Read More »Alibaba, Amazon, Palantir, Google, Takeda, Unity — What Cathie Wood’s Ark Bought And Sold On Thursday
Cathie Wood’s Ark Investment Management sends out an email every night listing the stocks that were bought or sold by the firm’s ETFs that day. In recent months, the emails have known to cause certain stocks to see a spike in the after-hours session. Here’s a list of 39 stocks that the hedge fund bought and sold on Thursday. Trades For Ark Fintech Innovation ETF (NYSE: ARKF): Opendoor Technologies Inc (NASDAQ: OPEN): Bought 468,600 shares of the online real estate company, representing… Source link
Read More »Tiger Woods recovering at home after car accident
Tiger Woods‘ road to recovery has finally taken him home. The golf legend announced Tuesday that he is back home in Florida, where he will continue his rehab following his terrifying car accident near Los Angeles that left him with extensive leg injuries. Woods thanked his medical team at both the Harbor-UCLA Medical Center and Cedars-Sinai Medical Center for their care. Woods had previously been hospitalized since Feb. 23, when his SUV hit a sign on a winding residential road in Rolling Hills… Source link
Read More »Tiger Woods reportedly didn’t remember driving at crash
Tiger Woods was unconscious in the immediate moments after his single-car crash last week in Southern California and later told authorities at the scene that he didn’t know how the accident occurred and that he didn’t remember driving at all, according to documents obtained by CNN and USA Today. Woods’ car crashed on a winding stretch of road just south of Los Angeles last week. He underwent surgery on multiple leg injuries, and remained hospitalized through the weekend. He and his team… Source link
Read More »Cathie Wood’s Ark ETFs Are Slumping as Speculative Stocks Suffer
TipRanks Oppenheimer: 2 Stocks That Could Climb Over 100% Markets are taking us all for something of a roller coaster ride in recent sessions, alternating gains and drops in precipitous fashion. There’s no telling exactly what comes next, but some of Wall Street’s sharpest minds are on the job. One of those sharp minds is John Stoltzfus, chief investment strategist and managing director at Oppenheimer. Stoltzfus sees us in the preparatory phases of further market gains, and he goes to… Source link
Read More »Why Cathie Wood’s once hot Ark Innovation ETF has lost all its 2021 gains
What goes up in the stock market inevitably goes down, and that includes one of the hottest ETFs of 2020. Cathie Wood — a money manager who rose to notable fame in 2020 with bold bets on Tesla (TSLA) and other hot tech names — saw her flagship Ark Innovation ETF lose all of its gains for 2021 on Thursday. The ETF shed 5.5% in heavy afternoon trading Thursday, which brings its year-to-date decline to a similar amount. In 2020, the ETF skyrocketed nearly 150%. The pullback for the much… Source link
Read More »Cathie Wood’s Ark Invest Added Shares Of Palantir, Twitter, And Sold Apple, Facebook On Friday
TipRanks 2 ‘Strong Buy’ Stocks With 7% Dividend Yield You can get whiplash, trying to follow the market fluctuations these days. Volatility rules for now, as investors are pulling out of Big Tech – a move that is pushing the general markets down. The bearish sentiment comes as new COVID case numbers are falling, along with the weekly unemployment claims. Both are positive news bites for the economy, and will help to justify increased economic opening. At the same time, a Congressional… Source link
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