-
How To Play ARK Space Exploration ETF Before It Goes Live
Thursday, January 14, 2021 - 8:46am | 519The big news out of the world of exchange traded funds is that Cathie Wood's ARK Investment Management is planning to launch a new fund: the ARK Space Exploration ETF. What Happened: Perhaps predictably, the news sent Virgin Galactic Holdings (NYSE: SPCE), one of the most direct plays on space...
-
Cathie Wood Selling Slack Shares After Salesforce Acquisition
Friday, December 4, 2020 - 2:20pm | 344What Happened: Salesforce.com Inc (NYSE: CRM) is acquiring Slack Technologies (NASDAQ: WORK) in a $27.7 billion deal that will pay existing Slack shareholders $26.74 cash and .0776 shares of Salesforce for each share held. Notable ETF Manager Cathie Wood has been selling shares of Slack since the...
-
How Catherine Wood's Diverse Ark Investment Team Is Paying Huge Dividends
Monday, September 28, 2020 - 7:55am | 392Ark Investment Management, run by CEO Catherine Wood, has three of the top 10 performing ETFs of 2020. this is despite most employees not having a degree with a background in finance. What To Know: Bloomberg recently detailed Ark's success, notably its focus on futuristic ideas, the most...
-
3 Tips To Make Money In The Stock Market
Friday, May 22, 2020 - 12:20pm | 1053In February, financial markets experienced a historic liquidation that paralleled the onset of the COVID-19 coronavirus pandemic. Alongside the introduction of global lockdowns, brokerage account openings rose rapidly as sheltered market participants searched for ways to maintain engagement with...
-
Teslamania Runs Wild! Now What?
Thursday, February 6, 2020 - 3:01pm | 1276Tesla Inc (NASDAQ: TSLA) has been running in insanity mode this week. Shares dropped more than 17% on Wednesday, the stock’s second worst day in history. The sell-off came just two days after the stock hit an all-time intra-day high of $961.86 and gained 19.9%, its single best day in more...
-
Facebook's Valuation Exceeds Exxon's: This Investment Pro Is OK With That Metric
Tuesday, August 2, 2016 - 11:28am | 383Facebook Inc (NASDAQ: FB) has seen its stock rise more than 18 percent since the start of 2016 and recently hit an all-time high of $128.33 after the company reported its second-quarter results. As a result, the social media's empire market capitalization has surged to around $355 billion now and...
-
How Apple Could Help Tesla By Building A Car
Friday, May 15, 2015 - 1:43pm | 617Apple Inc. (NASDAQ: AAPL) has yet to reveal its roadmap for automobiles, which might be limited to the dashboard but could involve the production of an entirely new car. If Apple moves in this direction, it could help the leading manufacturer of electric vehicles. "I think [Apple would...
-
3 Ways Apple And Tesla Are Actually Alike
Friday, February 13, 2015 - 10:56am | 677Tesla Motors Inc (NASDAQ: TSLA) is often compared to Apple Inc. (NASDAQ: AAPL), but do the two firms really have anything in common? Cathie Wood, founder and CIO of ARK Investment Management, recently shared a few ways in which the two companies are actually alike. Their Stocks Were Undervalued...
-
Will Tesla Get More Specific About The Model X's Release Date?
Wednesday, February 11, 2015 - 2:50pm | 580Tesla Motors Inc (NASDAQ: TSLA) is only hours away from releasing its fourth quarter results. In addition to the actual earnings numbers, Cathie Wood, founder and CIO of ARK Investment Management, expects investors to look for an update regarding the Model X's launch date. "How delayed...
-
Twitter: The Next Big Financial Services Company?
Tuesday, February 10, 2015 - 8:29am | 522Twitter Inc (NYSE: TWTR) has risen more than 30 percent this year as investors recognize the company's improving results. Cathie Wood, founder and CIO of ARK Investment Management, thinks it is just the beginning. "In the last quarter, the sales surprised on maybe five percent on the...
-
2 New Disruptive Technology ETFs
Tuesday, November 4, 2014 - 6:26pm | 461Two new ETFs hit the market last Friday and take a unique approach at active investing: ARKG and ARKK. The two new ETFs doubled the number of products in the ARK Investment Management suite of products. ARK Genomic Revolution Multi-Sector ETF The ARK Genomic Revolution Multi-Sector ETF (NYSE...