ARK Fintech Innovation ETF News
Cathie Wood Watch: Ark Buys More of One of Its CEO's Favorite Stocks
Her flagship Ark Innovation ETF has lost 41% over the past year and 76% from its February 2021 peak.
Cathie Wood Watch: Ark Buys Coinbase Amid Crypto Woes
Coinbase, the largest U.S. cryptocurrency exchange, suffers from weakness in the crypto market. Asset manager Cathie Wood sees opportunity.
Cathie Wood Watch: Ark CEO's Crypto Romance Continues
She remains a major cryptocurrency backer, despite bitcoin's 65% plunge this year. It recently traded at $16,624.
Cathie Wood Watch: Ark Buys DraftKings Amid big Drop
Wood's flagship Ark Innovation ETF has tumbled 64% so far this year, and it’s down 78% from its February 2021 peak.
Cathie Wood Watch: Ark Buys Autonomous-Truck Developer
The asset manager Cathie Wood also purchased and sold shares of well-known companies for her funds.
Cathie Wood Watch: Ark Buys E-Commerce, Biotech Stocks
Ark also sold four stocks, including a defense contractor and a financial management software company.
Cathie Wood Watch: Ark Buys Shopify, Coinbase, LatAm E-Commerce Firm
Ark funds snagged several tech stocks that have struggled recently. Wood maintains that a drop in tech stocks is a buying opportunity.
Cathie Wood Watch: Ark Buys Robinhood, Draftkings, Software Firm
Ark also purchased an online sports gambling company. Wood sold an electric vehicle company.
Cathie Wood Watch: Ark Buys a Sagging Healthcare Stock
Ark did more selling than buying on April 29, including sale of a South African financial services company's stock.
Ford Follows Tesla Into EV Price War With Mustang Mach-E Cuts, Production Boost
"We are not going to cede ground to anyone," said Marin Gjaja, COO for Ford Model e.
FedEx Makes Morningstar List of Undervalued Industrial Stocks
The S&P 500 Industrials index returned 3.99% over the past year, compared to a negative return for the S&P 500 overall.
United Airlines Has a Boarding Problem Designed to Punish Budget Flyers
Southwest Airlines has some major problems and passengers may be wary of flying the airline, but its current problems don't tell the whole story.
Nike and Tiffany Tease Plans for Sneakers (With Eye-Popping Price)
The two companies used social media to attract attention about their upcoming release, which shoe fans say could cost plenty.