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Ginkgo Bioworks plunges 24% after short-seller calls it a 'Frankenstein mash-up of the worst frauds'
The decline in Ginkgo hurts investors like Ark Invest, which owned a combined $325 million stake in…
Matthew Fox  Â
Cathie Wood's funds bought the dip in Gingko Bioworks after a short-seller called it a 'Frankenstein' of frauds
Ark jumped in as Gingko's stock slid after short-seller Scorpion Capital published a report bashing…
Shalini Nagarajan  Â
Cathie Wood's Ark Invest just doubled a multi-million-share position in a SPAC merging with Ginkgo Bioworks
Ark Invest first began purchasing shares of the Ginkgo Bioworks SPAC on August 3 and now owns 14.5 …
Matthew Fox  Â
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  Â
US stocks recover from early losses as McConnell offers to extend debt ceiling deadline to December
Raising the US debt ceiling is essential to avoiding a self-inflicted economic recession, Treasury …
Matthew Fox  Â
The Mormon Church's $52 billion stock fund bought Tesla and trimmed legacy automakers Ford and General Motors last quarter
The more than 50-year-old fund has over $100 billion in assets when including its timberland and he…
Matthew Fox  Â
Cathie Wood's favorite type of stocks still face significant challenges in staging a recovery, Goldman Sachs says
"Some unprofitable growth companies will need to raise capital externally in order to remain solven…
Matthew Fox  Â
Cathie Wood's flagship fund cashed out of Coinbase shares worth $25 million as the stock rose after bitcoin topped $57,000
Wood's Ark Innovation ETF sold more than 98,000 shares in the crypto exchange, worth about $25 mill…
Shalini Nagarajan  Â
Weed stocks are going nuts after one of the largest marijuana companies strikes a deal for lab-made THC
Lab-engineered cannabis can help companies like Cronos increase their margins by requiring less cul…
Graham Rapier  Â
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  Â
Cathie Wood's flagship ARK fund suffers biggest monthly outflow in nearly a year as performance continues to suffer
Ark's flagship fund still has $8 billion in assets under management, a considerable amount despite …
Matthew Fox  Â
10 things before the opening bell
Stocks mixed, Softbank cuts investments in Chinese startups, and AMC is turning to bitcoin.
Phil Rosen  Â
Dispensed: How retailers are beefing up their health ambitions, insights from Purdue Pharma's bankruptcy filing, and a looming shortage of OB-GYNs
It reminds me a lot of my hometown's Facebook group, where residents constantly are asking for reco…
Lydia Ramsey  Â
Yeast and flour makers are 'cranking out product like you wouldn't believe' to meet surging demand as isolated Americans turn to baking amid the pandemic
"An extended spike of demand hit the system hard and unexpectedly," said Robb MacKie, president and…
Hayley Peterson  Â
A Silicon Valley startup with 20 patents under its belt just raised $400 million from SoftBank and Goldman Sachs to make materials from living things
Aside from Zymergen, a handful of other synthetic biology startups have attracted fresh funding in …
Erin Brodwin  Â
I've been an angel investor in 100 companies in 8 years, including a bunch of unicorns. Here are the most important things I've learned
Observation: most SV gains (probably including my own) are purely because we have been investing in…
Justin Kan, Contributor  Â
How a data storage startup reached unicorn status by closing a new $100 million funding round during the coronavirus pandemic
"We did this to offer the peace of mind that we're here to stay forever and we will be here to supp…