Cathie Wood-led Ark Investment Management on Monday bought more shares of Pinduoduo Inc (NASDAQ: PDD) and JD.com Inc (NASDAQ: JD) — rivals to Alibaba Group Holding (NYSE:
Electric vehicle maker Arrival Group SA (NASDAQ: ARVL) and Uber Technologies Inc (NYSE: UBER) are working together to develop an electric vehicle purpose-built for ride-hailing services, Reuters
Tesla Inc (NASDAQ: TSLA) is stepping up engagement with regulators and strengthening its government relations team in China where it is facing scrutiny over safety and customer service complaints, Reuters
Taiwan Semiconductor Manufacturing Co Ltd (NYSE: TSM) expects to meet the minimum semiconductor chip requirement of its clients before the end of June, the company’s CEO Mark Liu told
Cathie Wood-led Ark Investment Management bought over 1.3 million shares, worth about $72.42 million, in Twitter Inc (NYSE: TWTR) on Friday as the stock slumped after the social media company reported lower-than-expected user growth in the first quarter.
Cathie Wood-led Ark Investment Management has recently been heavily buying into three Chinese stocks that are rival to Alibaba Group Holding (NYSE: BABA) in the e-commerce and online groceries space.
Amazon.com Inc’s (NASDAQ: AMZN) advertising business grew the most in over two years to outpace the growth of its other tech rivals Alphabet Inc (NASDAQ: GOOGL) and Facebook Inc (NASDAQ: