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.
Is the rebound fading? Goldman Sachs: Hedge funds are selling stocks at the fastest pace in more than two years.
In August, 'smart money' is selling global equities at the fastest pace since March 2022, with the most net selling in North America. Hedge funds are skeptical of the sustainability of the stock market rebound, and geopolitical concerns continue to be worrying. The 'fly' of the economic situation may soon hit the glass windshield.
S&P 500, Dow Jump After Jerome Powell Signals Rate Cuts: Investor Sentiment Improves, But Fear & Greed Index Remains In 'Neutral' Zone
Tesla Engineer Says Enabling Cybertruck Owners To Use Power Outlets Onboard When Supercharging Will Be Difficult: Here's Why
Vanguard Group warns: US technology stocks are seriously overvalued, people are too optimistic about the prospects of AI.
① Chief Economist of Pioneer Group wrote in the report that the market's expectations for artificial intelligence technology seem to be somewhat excessive. ② He warned that Wall Street's optimism about the economic growth and corporate profit increase brought by artificial intelligence technology has led to overvaluation of US technology stocks.
Bitcoin, Ethereum, Dogecoin Hold On To Gains Made After Fed's Rate Cut Signal: Analyst Sees No 'Significant' Resistance For King Crypto Until $85K
Rivian, a strong rival of Tesla, experienced a fire at its factory, resulting in damage to multiple electric vehicles.
①Rivian said on Sunday that a fire broke out in the parking lot of the company's manufacturing plant in Normal, Illinois, damaging multiple electric cars on Saturday night; ②A company spokesperson told the media that there are currently no reports of casualties, and the cause of the fire is under investigation; ③The fire occurred in a parking lot on the north side of the plant, and the assembly plant was not affected.