One of the favorite stocks of Cathie Wood and Ark Funds is Roku Inc (NASDAQ: ROKU). Here’s what Wood had to say this weekend about the streaming hardware and platform company.
Virtual healthcare provider Teladoc Health (NYSE: TDOC) has been a favorite stock pick of Cathie Wood, CEO of Ark Invest. After shares dropped 18% on Thursday from second quarter financial results, Wood defended the pick and bought the dip.
Ark Funds CEO Cathie Wood has been known to make some highly criticized forward-looking predictions. Wood and her colleagues have some of the higher price targets on Wall Street for Bitcoin (CRYPTO: BTC).
New ETFs that offer investors the opportunity to be bullish or bearish on individual stocks hit the market this week. The new leveraged and inverse daily ETFs could be the first of many and could take on some of the largest companies in the world.
Oil has been in a freefall. The ProShares UltraShort Bloomberg Crude Oil ETF (NYSE: SCO) has been skyrocketing. And if oil keeps dropping, SCO will move even higher.
If you’ve taken a look at the Dow Jones, Nasdaq or S&P 500 lately, you probably didn’t see a pretty picture. They are all taking a beating and with economists fretting about a potential recession, it’s beginning to look like this bear market will continue for quite some time.
As the market advanced on Wednesday, it was buying time again for Cathie Wood's Ark Investment Management, which has a portfolio of actively managed exchange-traded funds (ETFs).
Perfectly timed with the crashing price of Bitcoin, a new ETF will offer investors the opportunity to profit from the declining price of the leading cryptocurrency.