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.
Eric Trump, the second son of Donald Trump: Modern banks are outdated, and the usa must lead the cryptocurrency trend.
① Eric, the second son of Trump, stated that a set of "reasonable" regulatory guidelines could make the usa a superpower in cryptos; ② Recently, Trump nominated crypto supporter Paul Atkins to become the SEC chairman, which pushed the bitcoin price to briefly exceed the 0.1 million dollar mark; ③ Eric mentioned that americans want to see efficiency and hope the government does not hinder businesses.
U.S. stocks closed lower: all three major indexes fell, Chinese concept stocks celebrated all night, and the Golden Dragon Index surged by 8.5%.
① The nasdaq china golden dragon index rose by 8.54%, while the ftse china 3x long etf (YINN) increased by 23.78%; ② OpenAI officially launched the AI video generation model Sora; ③ A man involved in the murder case of the insurance giant's CEO in New York was arrested in Pennsylvania; ④ mondelez international is reportedly exploring the acquisition of the usa chocolate producer hershey.
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