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.
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US stocks closed | S&P, Dow hit new closing highs, Netflix soared more than 11% after earnings; Chinese concept stocks rose across the board, li auto inc rose more than 6%
1. China concept stocks are up across the board, with the Nasdaq Golden Dragon Index in China rising by 3.03%; 2. The US federal government has started investigating Tesla's FSD; 3. The US Federal Aviation Administration said it will launch a new round of safety reviews on Boeing; 4. Netflix hits a new all-time high, with the company's third-quarter performance and fourth-quarter performance guidance both exceeding market expectations.
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