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2 mins read
Ark Invest's flagship fund realized $3.5 billion in losses in a year. Here were its 10 biggest losers.
The last few years have been tough on the speculative growth trade that Cathie Wood's Ark funds hav…
Matthew Fox
1 min read
Cathie Wood's Ark is doubling down on OpenAI with at least $250 million in its new funding round
Cathie Wood's Ark Venture Fund invests $250 million in OpenAI's $6.6 billion funding round, Thrive …
Melia Russell,Ben Bergman
2 mins read
Cathie Wood's ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early
"I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," …
Matthew Fox
2 mins read
Stocks held by ARK Invest's flagship innovation fund have seen huge losses. Here are the fund's 10 biggest losers.
The flagship ARKK ETF is holding onto three stocks that are down more than 90% since Cathie Wood's …
Matthew Fox
2 mins read
Scientists want to send our endangered species to the Moon to “save” them
Scientists are considering using the moon's craters for cryopreserving endangered species' cells to…
3 mins read
Here’s how much top Indian artists earned in 2023 as Anish Kapoor becomes most successful at Rs 80 crore
27-year-old Raghav Babbar became the eighth highest-selling Indian artist after totalling 12.1 cror…
2 mins read
Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says
"These funds managed to lose value for shareholders even during a generally bullish market," Mornin…
Matthew Fox
1 min read
Cathie Wood says Ark Invest avoided Arm's blockbuster IPO because valuation was on 'high side'
Arm's IPO was the biggest stock market debut for almost two years, but the Ark CEO told CNBC that o…
Joseph Wilkins
2 mins read
Stock market today: Stocks trade mixed to kick off June after weak manufacturing data
A nine basis point decline in the 10-year Treasury yield was not enough to boost all three major st…
Matthew Fox
2 mins read
Stock market today: US stocks rise ahead of big week for economic data
"Bad news has been good news for equities over the past two months, but if growth deteriorates too …
Matthew Fox
2 mins read
Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund
ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date h…
Matthew Fox
3 mins read
Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over
Elon Musk said over the weekend that Twitter's advertising revenue has fallen by 50% since he bough…
Matthew Fox
1 min read
Cathie Wood's flagship Ark fund is 'dead money' as it's actually down 18% from 5 years ago, markets guru Larry McDonald says
Cathie Wood and her investing firm Ark Invest have received backlash from several investors in rece…
Zahra Tayeb
1 min read
Stock market today: US stocks climb ahead of Tesla and mega-cap tech earnings
Stocks extended their rebound on Tuesday as investors shifted attention away from interest rate cut…
Filip De Mott
1 min read
Elon Musk is the 'inventor of our age' and a renaissance man, Ark Invest chief and Tesla bull Cathie Wood says
Wood also said Ark Invest is looking to ramp up its investment in Elon Musk's Twitter and said Tesl…
Phil Rosen
2 mins read
Ark Invest's Cathie Wood says markets are wrong to fear inflation and the bursting of the tech bubble
Inflation is on its way down, and tech and growth stocks are not facing the possibility of a dot-co…
Jennifer Sor
2 mins read
Stock market today: Indexes slip after best week of the year as traders wait on Fedspeak, new inflation data
Mega-cap tech stocks dropped on Monday after the EU announced formal investigations against Apple, …
Matthew Fox
2 mins read
Cathie Wood's ARK Invest sold most of its Nvidia stake just before the chipmaker kicked off a rally that added $585 billion in market value
Rough calculations suggest Ark Invest missed out on over $200 million in potential profits when it …
Matthew Fox
1 min read
Tesla will be the winner of the electric vehicle market by leading the charge on AI and energy, Ark Invest's Cathie Wood says
Wood predicted Tesla stock would jump to $1,500 a share in five years, implying a 650% increase fro…
Jennifer Sor
1 min read
Cathie Wood's Ark Invest dumps $13.5 million of Coinbase stock as crypto exchange notches 7-month highs
The famed money manager now holds a 7% stake in Coinbase worth $837 million, after shares jumped 30…