Nick Grous

Ark Invest, a leading investment management firm led by Cathie Wood, has highlighted a pivotal development set to bridge the world of blockchain-based capital with the substantial U.S. mortgage market. What Happened: According to Nick Grous, an associate portfolio manager at Ark Invest, the recent...

In an episode of The Brainstorm that was posted on Wednesday, Cathie Wood-led ARK Invest’s Sam Korus and Nick Grous explored the escalating energy demands triggered by the proliferation of electric vehicles and AI data centers. What Happened: During their conversation...

Video game company Roblox Corp (NYSE: RBLX) is partnering with a media company to adapt one of its leading platform games. Here are the details. What Happened: Roblox shares are soaring Wednesday after announcing fourth-quarter bookings of $899.4 million, which were up 17% year-over-year. The...

Connected television and streaming company Roku Inc (NASDAQ: ROKU) has been a favorite stock pick of Cathie Wood and the Ark Invest team. Benzinga heard more on the thesis of Roku being a leading player in the space from Ark portfolio manager Nick Grous in an exclusive interview. What Happened: Ark...

One of the big ideas for Ark Invest is the continuation of video games having end-to-end virtual entertainment. Gaming fits into the ETF management company’s thesis that time spent on games and digital goods could continue. Here are the two gaming-related companies that are owned by Ark...

The use cases for artificial intelligence continue to rise, with ChatGPT among the most-discussed topics at the start of 2023. One area that could use AI is sports with use cases for sports betting, fan engagement and more. Here’s what one Ark Invest portfolio manager told Benzinga. What...

Since acquiring social media platform Twitter for $44 billion, Elon Musk has been busy at work, making changes like job cuts and focusing on monetization efforts. Here’s what one Ark Invest portfolio manager thinks of the job Musk has done so far with Twitter. What Happened: Musk acquired...

The sports betting sector has become incredibly competitive, with many operators competing for market share in the legalized states. A portfolio manager for Ark Invest told Benzinga why DraftKings (NASDAQ: DKNG) stood out for years and could be the long-term winner. What Happened: Since...

After hinting about getting into video games earlier this year, streaming company Netflix Inc (NASDAQ: NFLX) has officially launched its mobile games business. What Happened: Netflix launched Netflix Games this week for iPhone and iPad users using the Apple Inc (NASDAQ: AAPL) iOS app store....

Cathie Wood-led investment firm Ark Invest said on Monday it estimates social commerce is likely to grow to nearly $3 trillion during the next five years, from about $390 billion now and likely to put pressure on traditional e-commerce sites such as Amazon.com Inc (NASDAQ: AMZN). What Happened: The...

Facebook Inc.’s (NASDAQ: FB) recent launch of the Horizon Workrooms app appears to be part of the social media giant’s efforts to “own the next generation of internet experiences,” according to Cathie Wood-led Ark Invest. What Happened: Ark analyst Nick Grous noted...

Cathie Wood-led Ark Investment Management believes Netflix Inc (NASDAQ: NFLX) could add a meaningful topline from video gaming if the streaming giant gets the execution right and manages to secure even a fraction of the pie in the highly-sought-after category. What Happened: Compared to the 3...