Newsfeeds - Spark Newswire

2 minute read

Ark Buys $9M In Pinterest: Why Cathie Wood Firm Is Bullish On Social Media Stock Despite Growth Concerns

Today, 12:50 PM

Cathie Wood-led Ark Invest rushed to scoop up shares in Pinterest Inc (NYSE: PINS) as shares of the company tumbled 18% on Friday and said the social media platform could become a prime beneficiary of the shift toward social commerce.

ARKF

2 minute read

Ark Sells $43.7M In Tesla While Cathie Wood Likens Elon Musk Company To Apple

By Rachit Vats

Today, 12:50 PM

Tesla Inc (NASDAQ: TSLA) bull Cathie Wood-led Ark Invest sold some of the shares in the electric vehicle maker months after setting a steep price target on the stock as the investment management firm re-balances its portfolio.

AAPL

2 minute read

Cathie Wood Doubles Down On Teladoc, Spotify, Shopify As Stocks See Earnings-Related Dips

By Rachit Vats

Today, 12:50 PM

Cathie Wood-led Ark Investment Management on Wednesday piled up 713,842 shares, estimated to be worth about $108.37 million, in Teladoc Health Inc (NYSE: TDOC), a day after the telemedicine company

ARKF

2 minute read

Ark Buys More Coinbase As Cathie Wood Speaks At Bitcoin Conference; Also Loads Up On DraftKings, Zoom

By Rachit Vats

Today, 12:50 PM

Cathie Wood-led Ark Investment Management on Wednesday snapped up 76,562 shares, estimated to be worth about $17.67 million, in Coinbase Global Inc (NASDAQ: COIN) as the popular investor spoke at the highly anticipated "The B Word" conference.

ARKF

2 minute read

Bitcoin Crashing Below $30K Not Enough To Deter Cathie Wood — Ark Adds Another $31M In Coinbase, $3.4M In GBTC

By Rachit Vats

Today, 12:50 PM

Cathie Wood-led Ark Investment Management is ramping up cryptocurrency play even as the Bitcoin (CRYPTO: BTC) price plummeted

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1 minute read

Cathie Wood Sells $3M In Amazon A Day Ahead Of Jeff Bezos’ Flight To Space

By Rachit Vats

Today, 12:50 PM

Cathie Wood-led Ark Investment Management on Monday shed 839 shares, estimated to be worth about $2.9 million, in Amazon.com Inc (NASDAQ: AMZN), a day ahead of its founder Jeff Bezos’ scheduled flight to space. Amazon shares closed 0.67% lower at $3,549.59 on Monday.

AMZN

2 minute read

Cathie Wood Can’t Get Enough Of Bitcoin, Adds Another $54M In Square, $14M In Coinbase

By Rachit Vats

Today, 12:50 PM

Cathie Wood-led Ark Investment Management on Friday snapped up 225,937 shares, estimated to be about $53.7 million, in Square Inc (NYSE: SQ), ramping up its foray into Bitcoin (CRYPTO: BTC) play as the payment company prepares to build a Bitcoin (CRYPTO: B

ARKF

2 minute read

Cathie Wood Buys Another $50M In Bitcoin-Play Coinbase, Trims Nvdia Further

By Rachit Vats

Today, 12:50 PM

Cathie Wood-led Ark Investment Management on Thursday snapped up 69,172 shares, estimated to be worth about $15.5 million, in Coinbase Global Inc (NASDAQ: COIN) on the dip. Shares of the cryptocurrency exchange closed 2.31% lower at $224.63 on Thursday.

ARKF

3 minute read

Cathie Wood’s Ark ETFs Underperformed The Broader Market In Q2, With Workhorse, Virgin Galactic, Coinbase, Teladoc Taking Big Toll

By Rachit Vats

Today, 12:50 PM

ARK Invest, the New York-based investment management firm led by the popular money manager Cathie Wood, saw its five actively managed exchange-traded funds and two self-indexed ETFs underperform the S&P 500 index in the second quarter.

AMZN

1 minute read

Cathie Wood Sells $12.5M In PayPal To Load Up More On Coinbase

By Rachit Vats

Today, 12:50 PM

Cathie Wood-led Ark Investment on Wednesday shed 41,435 shares, estimated to be worth about $12.46 million, in payments company PayPal Holdings Inc (NASDAQ: PYPL). Shares of the company closed 0.15% lower at $300.75 on Wednesday.

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