Ark Funds

Renowned investor Cathie Wood celebrated her best day of the year on Thursday as the ARK family of funds added over $700 million in assets under management (AUM) in a single trading session. This remarkable surge occurred on the heels of a pivotal decision by the Federal Reserve. Just a day...

Shares of technology giant Nvidia Corporation (NASDAQ: NVDA) are up over 220% year-to-date in 2023, a move that has helped propel the company into the one-trillion dollar market capitalization club. Ark Invest may have been early to the large movement, but also sold out of the position early,...

Ark Invest is one of several companies that have filed for Bitcoin ETFs with the SEC, an item that many believe could increase demand for the leading cryptocurrency. The investment manager's CEO Cathie Wood shared an update Monday on where Bitcoin ETFs stand. What Happened: Known best for its...

One of the biggest believers in the growth of electric vehicle leader Tesla Inc (NASDAQ: TSLA) over the years has been Ark Invest CEO Cathie Wood. In 2018, Wood called out a huge future price target for Tesla that was laughed at — but the stock reached the level earlier than...

While many investors and economists are preoccupied with the specter of inflation, Ark Invest founder Cathie Wood is out with a more contrarian view. ‘Wood Predicts ‘Harder Landing’: In an exclusive interview with Benzinga CEO Jason Raznick on "The Raz Report," Wood lays out a...

Electric vehicle leader Tesla Inc (NASDAQ: TSLA) is one of the best-performing stocks of the last five years, up over 1,000%. Among the people who have been bullish on the company for years is Cathie Wood, founder and CEO of Ark Invest, who correctly predicted a Tesla price target years before...

With a track record of 60-plus years of strong returns for investors, Warren Buffett, who turns 93 Wednesday, is considered one of the all-time legendary investors. While many strive to emulate Buffett, and some have even been dubbed the "next Buffett," meeting the lofty...

While artificial intelligence is now becoming a household word for most investors, it’s been on Ark Invest founder Cathie Wood's mind for quite some time. Wood has been trading in and out of Nvidia Corp (NASDAQ:NVDA) since at least 2016, and she says the AI trade remains a good one — and it...

The 2024 election will see candidates battle it out over numerous challenges like inflation, the economy, jobs, international relations, immigration, crime and social security. One topic that is increasingly a political issue is cryptocurrency. Ark Invest Founder Cathie Wood shared her...

Ark Invest Founder Cathie Wood is among the big believers that the price of Bitcoin (CRYPTO: BTC) will rise. Ark Invest is among the companies that have filed to launch a Bitcoin ETF, an issue that awaits SEC approval. In an interview with Benzinga CEO Jason Raznick, Wood shared her...

Over the last year, the conversation among investors and analysts has prominently centered on artificial intelligence. The topic of artificial intelligence is among the "Big Ideas" from Cathie Wood-led Ark Invest, but the ETF company says the days of Nvidia Corporation's (NASDAQ: NVDA...

The sports betting market was shocked with the announcement that PENN Entertainment Inc (NASDAQ: PENN) entered into a 10-year licensing deal with Walt Disney Co (NYSE: DIS) to launch the ESPN Bet platform later this year. Analysts were mixed with the impact on Penn Entertainment...

One of the biggest headlines of 2022 was the acquisition of the social media platform Twitter for $44 billion by Elon Musk. Since the acquisition, the valuation of Twitter has been cut by several investors. One of those investors has raised the valuation of the platform for two straight months....

The Nasdaq 100 Index went through a special rebalancing recently due to several holdings seeing their weightings soar in 2023 alongside jumps in share prices. A portfolio manager from Ark Funds breaks down what the rebalancing could mean. What Happened: The Nasdaq 100 Index, which is tracked by the...

Leading cryptocurrency Bitcoin (CRYPTO: BTC) has rallied in 2023, up over 80% year-to-date. There could be more upside for Bitcoin in the coming months with several Bitcoin ETFs filed for approval, including one from Cathie Wood’s Ark Funds. What Happened: Ark Invest CEO Cathie Wood is among...