Cathie Wood, the founder of ARK Invest, is taking Wall Street by storm with her unconventional thematic investing. Namely, she follows an innovative fund style to find hyper-growth stocks with game-changing technology.
Certainly, her unique method is working.
The last year has been a volatile one for investors to say the least. Several indices fell off a cliff in March 2020 as the COVID-19 pandemic resulted in economic shutdowns, rising unemployment rates, and lower consumer spending. Several sectors including retail, energy, hospitality, airline, and restaurants were decimated.
Netflix Inc (NASDAQ: NFLX) added more than 200 million subscribers last year, partly due to the COVID-19 pandemic which forced people to stay at home, but the streamer and its rivals face a customer churn, according to a report by Deloitte.
This article was originally published on February 7, 2021 7:04 am It was one of the most read articles on Benzinga.com this year.
Every week, Benzinga conducts a survey to collect sentiment on what traders are most excited about, interested in or thinking about as they manage and build their personal portfolios.
A SPAC from New York Islanders owner Jon Ledecky and former Hearst Magazines and Cosmopolitan executive Joanna Coles is bringing BarkBox owner BARK public.
Apple and Microsoft are two of the most valuable companies in the world. Their paths have been similar, and the companies were rivals for many years thanks to a heated relationship between founders Steve Jobs and Bill Gates.
The world of business is constantly evolving, especially when macroeconomic factors and unexpected events take place. 2020 has provided just that, giving companies a chance to pivot, innovate, and do what they can to adapt and continue thriving.
Bitcoin (BTC) and other cryptocurrencies have proved to be some of the most volatile assets over the years, keeping many veteran investors skeptical. Yet, believers who have been holding ("or hodling," as the cryptocurrency community refers to it) the decentralized virtual currency since early or even mid-stages have seen handsome gains.