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.
Bitcoin breaks through $66,000! Harris promises to support the regulatory framework for digital currency.
USA presidential candidate and current Vice President Harris has pledged to support the regulatory framework for digital currencies, boosting the trend of digital currencies on Monday. In addition, the bankrupt Mt. Gox crypto exchange postponed the deadline for repaying the remaining assets to creditors by one year last week, alleviating concerns of oversupply that may arise from creditors selling back Bitcoin. Bitcoin and Ether both surged at least 6%.
The CEO is bullish, but Wall Street is bearish? There is a significant divergence in earnings expectations for the US stock market this earnings season.
Analysts expect that the s&p 500 constituent companies will see a year-on-year profit growth of 4.2% in the third quarter, while these companies' own guidance predicts a growth of 16%. This difference implies that corporate performance is likely to exceed Wall Street expectations.
Media reports: tesla Optimus was remotely controlled at the conference. In fact, it's not that asia vets.
At last week's highly anticipated tesla "Robotaxi Day" event, the company remotely controlled some functions of the Optimus humanoid robot in hopes of better showcasing its products. Optimus can pour drinks for participants, high-five, and even play rock-paper-scissors, its level of asia vets surprising and one of the few highlights of this launch event.
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