The ARK Holdings selection refers to a family of exchange traded funds (ETFs) managed by ARK Investment Management LLC (ARK). ARK was founded in New York City in 2014 by Cathie Wood, a prominent investor known for her bullish stance on technology stocks. The firm's investment philosophy is centered around identifying disruptive technologies and investing in companies that are positioned to benefit from these trends. The ARK ETFs have gained attention from investors and analysts due to their strong performance and unique investment approach. ARK currently has eight ETFs: ARKK, ARKW, ARKG, ARKQ, ARKF, ARKX, PRNT, LZRL.
JPMorgan maintained its Overweight rating on XPeng shares with a USD14.00 price target. The firm placed XPeng on Positive Catalyst Watch in anticipation of two key upcoming events. The first is XPeng's Technology Day on Oct 24, where new initiatives are expected to be unveiled. The second event is the announcement of third-quarter results in late Nov, where the analyst predicts the company will surpass expectatio...
BYD is aiming to make its in-house developed smart driving algorithms mass-produced as soon as Nov, and to start equipping models in the RMB 100,000 (USD 14,060) class with high-level smart driving capabilities by 2025, local media outlet HiEV said in a report today, citing multiple sources.
It previously relied solely on supplier solutions.
BYD calls its s...
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