As Cathie Wood’s ARK Innovation (ARKK) ETF crumbles, is it a buy?
Tuesday, 23 April 2024 () Cathie Wood’s Ark Innovation Fund (ARKK) is crumbling as most of its biggest cheerleaders jump ship. Its stock’s total return has plunged by over 18% this year alone while the SPDR S&P 500 (SPY) and Invesco QQQ (QQQ) have risen by 5.8% and 2.87%, respectively. ARKK ETF underperformance continues The same performance has happened in […]
Investor Cathie Wood explores this unique moment in technology, which she sees as being marked by the simultaneous evolution of five pivotal innovation platforms — a scenario unparalleled in history...
Cathie Wood of ARK Invest estimates the Bitcoin price could skyrocket to $2.3 million on the back of an “optimal allocation” to BTC from a massive global investable asset base.
Bitcoin will hit $1 million sooner than 2030, says Cathie Wood, the CEO of asset manager ARK Invest. Cathie Wood’s ARK Investment Management estimates bitcoin prices could skyrocket to $2.3 million..