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Cathie Wood's ARK Invest missed out on more than $1 billion in returns by selling Nvidia stock too early

"I've watched Nvidia all my career, actually, since it's gone public. It's a very cyclical stock," …

Matthew Fox   


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Stocks held by ARK Invest's flagship innovation fund have seen huge losses. Here are the fund's 10 biggest losers.

The flagship ARKK ETF is holding onto three stocks that are down more than 90% since Cathie Wood's …

Matthew Fox   


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3 mins read

Here’s how much top Indian artists earned in 2023 as Anish Kapoor becomes most successful at Rs 80 crore

27-year-old Raghav Babbar became the eighth highest-selling Indian artist after totalling 12.1 cror…

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Cathie Wood's Ark Invest has destroyed $14 billion in wealth over the past decade, Morningstar says

"These funds managed to lose value for shareholders even during a generally bullish market," Mornin…

Matthew Fox   


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Stock market today: Stocks trade mixed to kick off June after weak manufacturing data

A nine basis point decline in the 10-year Treasury yield was not enough to boost all three major st…

Matthew Fox   


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Stock market today: US stocks rise ahead of big week for economic data

"Bad news has been good news for equities over the past two months, but if growth deteriorates too …

Matthew Fox   


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1 min read

Cathie Wood says Ark Invest avoided Arm's blockbuster IPO because valuation was on 'high side'

Arm's IPO was the biggest stock market debut for almost two years, but the Ark CEO told CNBC that o…

Joseph Wilkins   


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Investors are ramping up their exits from Cathie Wood's ARK after an epic 72% decline in her flagship fund

ARK has long counted Tesla as one of its top holdings, but its more than 40% decline year-to-date h…

Matthew Fox   


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3 mins read

Twitter's valuation has been slashed by 47% at Ark Invest since Elon Musk took over

Elon Musk said over the weekend that Twitter's advertising revenue has fallen by 50% since he bough…

Matthew Fox   


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1 min read

Elon Musk is the 'inventor of our age' and a renaissance man, Ark Invest chief and Tesla bull Cathie Wood says

Wood also said Ark Invest is looking to ramp up its investment in Elon Musk's Twitter and said Tesl…

Phil Rosen   


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Stock market today: Indexes slip after best week of the year as traders wait on Fedspeak, new inflation data

Mega-cap tech stocks dropped on Monday after the EU announced formal investigations against Apple, …

Matthew Fox   


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Ark Invest's Cathie Wood says markets are wrong to fear inflation and the bursting of the tech bubble

Inflation is on its way down, and tech and growth stocks are not facing the possibility of a dot-co…

Jennifer Sor   


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Cathie Wood's ARK Invest sold most of its Nvidia stake just before the chipmaker kicked off a rally that added $585 billion in market value

Rough calculations suggest Ark Invest missed out on over $200 million in potential profits when it …

Matthew Fox   


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1 min read

Cathie Wood's Ark Invest dumps $13.5 million of Coinbase stock as crypto exchange notches 7-month highs

The famed money manager now holds a 7% stake in Coinbase worth $837 million, after shares jumped 30…

Morgan Chittum   


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Tesla will be the winner of the electric vehicle market by leading the charge on AI and energy, Ark Invest's Cathie Wood says

Wood predicted Tesla stock would jump to $1,500 a share in five years, implying a 650% increase fro…

Jennifer Sor   


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Tesla is the one stock ARK Invest's Cathie Wood says she would hold for 10 years

"Any of your listeners have heard of ARK, they've heard of Tesla," Cathie Wood said, professing her…

Jennifer Sor   


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Cathie Wood's flagship Ark fund is 'dead money' as it's actually down 18% from 5 years ago, markets guru Larry McDonald says

Cathie Wood and her investing firm Ark Invest have received backlash from several investors in rece…

Zahra Tayeb   


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Companies must use artificial intelligence to compete or go bankrupt as the pace of advancement soars, Ark Invest futurist says

Artificial intelligence is fueling competitive pressure, Brett Winton says, as the technology advan…

Filip De Mott   


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Bitcoin soars past $60,000 for the first time since November 2021

A flood of cash continues to hit the new spot ETF products, and investors are anticipating the Apri…

Phil Rosen   


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All eyes are on Nvidia in what could be the most important earnings report of the season

The world's third most valuable company's shares have skyrocketed 230% over the past 12 months.

Dan DeFrancesco