Cathie Wood is bullish on a low cost Tesla model, as well as the company's coming robotaxi project due to launch this year.
Wood, who has been bullish about cryptocurrencies like bitcoin, said her private funds are not investing in meme coins.
Tech
2024-11-13T10:00:02Z
Cathie Wood's Ark Venture Fund aims to disrupt venture capital by granting retail investors access to high-growth startups, tripling assets to $70 million despite lagging S&P 500.
The last few years have been tough on the speculative growth trade that Cathie Wood's Ark funds have focused on.
Tech
2024-10-02T17:22:35Z
Wood's Ark Venture Fund invested $250 million in OpenAI's $6.6 billion funding round, joining Thrive Capital and others.
Tech
2024-07-15T07:32:21Z
Cathie Wood's investment fund, Ark Invest sold at least $4.5 million worth of Nvidia stock this year, per The Wall Street Journal.
"These funds managed to lose value for shareholders even during a generally bullish market," Morningstar analyst Amy Arnott said.
"I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," Cathie Wood said in defense of her firm selling shares.
The flagship ARKK ETF is holding onto three stocks that are down more than 90% since Cathie Wood's initial purchase.
ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date has weighed heavily on the performance.
Cathie Wood has a bold new prediction for the price of bitcoin, saying recent developments could see millions more added to her existing target.
Nvidia is already worth $2.3 trillion and former Wharton professor Jeremy Siegel says there "could be 2-3x more upside" to come for the AI chipmaker.
Tech
2024-03-08T13:48:04Z
Nvidia is powering the AI revolution, but investor Cathie Wood warns there's a clear risk its customers will cut orders and serious competition will emerge.
Kevin O'Leary sees bitcoin as a hedge that could only surge 33-fold in price within seven years if America suffers an economic catastrophe.
The ARK Invest CEO raised her bullish prediction from $1 million to $1.5 million after the SEC approved spot bitcoin ETFs to start trading this week.
The SEC delayed its decision to approve a spot bitcoin ETF from ARK Invest and 21 Shares for the third time on Tuesday.
Arm's IPO was the biggest stock market debut for almost two years, but the Ark CEO told CNBC that other companies had "much more exposure to AI."
Ma angered Beijing after a critical speech in October 2020, prompting intense regulatory scrutiny of his businesses and a wider tech crackdown.
Elon Musk said over the weekend that Twitter's advertising revenue has fallen by 50% since he bought the company, and that it's not cash flow positive.
Ark Invest CEO Cathie Wood also said she's keeping her eye on software stocks and others that stand to gain from the AI revolution.