Cathie Wood’s money managing firm Ark Investment Management on Tuesday sharply lowered its remaining exposure in the popular social media app Snapchat's parent Snap Inc (NYSE: SNAP).
Cathie Wood's Ark Investment Management on Monday piled up more shares in cryptocurrency-related stocks as the digital assets market remained strained after the Bitcoin (CRYPTO: BTC)-led selloff in cryptocurrencies last week.
Online sports betting went live over the weekend in New York, bringing one of the top five most populous states into the ranks of those that offer legalized bets.
The Market Opportunity: With a population of around 20 million people, New York could be the biggest opportunity for sports betting operators in recent history.
Cathie Wood’s Ark Investment Management on Friday booked more profit in Tesla Inc (NASDAQ: TSLA), selling 11,496 shares — estimated to be worth $11.8 million based on the latest closing price — in the electric vehicle maker.
It's been a rough weekend for cryptocurrency holders, as the overall crypto market cap dropped below the key $2 trillion level, currently sitting at $1.94 trillion.
There were major drops across the crypto industry, as investors are worried about the Omicron situation across the world and how it may impact the market.
Cathie Wood's Ark Investment Management on Thursday piled up more shares in cryptocurrency-related stocks as the Bitcoin (CRYPTO: BTC)-led digital assets market crashed.