ARK Invest founder and CEO Cathie Wood relinquished her role as portfolio manager at two of the investment management firm’s exchange-traded funds, according to a regulatory filing. William Scherer, who…
Tag: Wood
Cathie Wood dumps Nvidia stock ahead of results
Is Cathie Wood fearing more bad news from Nvidia? Wood’s ARK Invest funds trimmed their stake in Nvidia NVDA, +0.86% ahead of the graphics chipmaker’s results. Nvidia has already warned…
Here’s Why Cathie Wood Dumped It
Shares of popular crypto-exchange platform Coinbase (COIN) have been under an absurd amount of selling pressure over the past year, tanking 75% from peak to trough. The negative momentum has…
Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today’s economy. Here’s 3 stocks she likes right now
‘We are in a recession’: Long-time bull Cathie Wood is warning investors about the ‘big problem’ in today’s economy. Here’s 3 stocks she likes right now The official GDP estimate…
Cathie Wood has a simple response to Tesla getting booted out of an S&P 500 ESG index: ‘Ridiculous’
Cathie Wood isn’t pleased about one of her most popular investments, Tesla Inc., being excluded from a prominent index that tracks eco- and socially friendly companies. “Ridiculous,” was essentially Wood’s…
Cathie Wood Suffers a Major Blow
Cathie Wood took a hit on Friday when the U.S. Securities and Exchange Commission (SEC) turned down an application for a spot bitcoin exchange-traded fund EFT from the star investor’s Ark…
Cathie Wood says stocks have corrected into ‘deep value territory’ and won’t let benchmarks ‘hold our strategies hostage’
ARK Invest founder Cathie Wood offered the latest defense of the once-highflying, disruptive innovation strategies that had made her suite of exchange-traded funds among the most popular, and best-performing, on…