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ARK Innovation ETF News

Cathie Wood: I Erred On Inflation, But Recession is Here

Consumer prices soared 8.6% in the 12 months through May, a 40-year high.

How Cathie Wood's ARK ETF Can Rally Another 25%

The ARK Innovation ETF is a key way to measure growth stocks, yet it didn't make a new low with the broader market. Is it about to rally more?

Cathie Wood Watch: Ark Sells Spatial Data Company's Stock

Wood also dumped a familiar biotechnology name, and bought two other stocks for the second day in a row.

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.

June FOMC Meeting Results: Fed Hikes Rates 75 Basis Points

The Fed issues a 75 basis point rate hike, in line with market expectations. Market reaction muted thus far.

Breaking News

Ford Makes a Major Change

The legacy automaker has just made a decision that will affect consumers buying its electric vehicles via a lease.

Tesla Q2 Deliveries Slump To 254,695 As Shanghai Shutdown, Supply Chain Snarls Take Toll

Tesla said it had a record rate of production in June, but supply chain disruption and the closure of its Shanghai gigafactory triggered a slump in Q2 deliveries.

Summers, Others Cite Growing Chance of Recession

GDP shrank an annualized 1.6% in the first quarter, and some experts anticipate another drop in the second quarter.

Coinbase Faces A New Scandal

The platform denies selling proprietary customer data and announces it is expanding into several European countries.