#arkinvestmentmanagement

  1. Cathie Wood Commends Elon Musk's Dedication to Shareholders, Predicts This Negative Impact If Shareholders Renege On Tesla CEO's $56B Pay Package

    By Ananya Gairola Cathie Wood , the founder of Ark Investment Management , has praised Elon Musk ‘s dedication to Tesla Inc. (NASDAQ: TSLA ) shareholders. She also asked how the shareholders could “renege on his pay package” after he overcame the risks associated with “Tesla's rise to
  2. Cryptocurrencies gain as investors turn optimistic on ether ETFs

    LONDON (Reuters) - Ether was set for its largest two-day gain in nearly two years on Tuesday amid speculation about the outcome of applications for U.S. spot exchange-traded funds that track the world's second-biggest cryptocurrency, while bitcoin also approached a record high. Et
  3. Governor Greg Abbott Credits Texas For US Economic Growth, 'Rich Dad Poor Dad' Author Robert Kiyosaki Criticizes 'Bidenomics' And More: Top Economics News This Week

    By Benzinga Neuro As the week wraps up, a flurry of economic commentary has left investors and policy watchers with much to ponder. From the Lone Star State’s governor touting Texas as a national economic powerhouse to high-profile financial experts sounding alarms on inflation an
  4. 'Not A Good Omen For Future,' Says Cathie Wood As Economists Point To Worrisome Trends In Seemingly Strong Jobs Data

    By Shanthi Rexaline The non-farm payrolls report released last week revealed a robust addition of 303,000 jobs to the U.S. economy in March. However, Ark Investment Management founder Cathie Wood expressed concerns regarding two labor market trends highlighted by economists. Low-Qu
  5. Cathie Wood Calls Out Bitcoin Skeptics: 'You Can't Have It Both Ways,' 5 Myths Debunked

    By Murtuza Merchant Ark Invest CEO Cathie Wood , known for her unwavering belief in Bitcoin 's (CRYPTO: BTC ) potential, called out the naysayers with a weekend tweet, saying: " Bitcoin skeptics can't have it both ways. " The tweet aimed to amplify a thread by Yassine Elmandjra , Directo
  6. Tesla Investor Ross Gerber Feels The Fed Is 'Killing Innovation In America,' Calls For 100 Basis-Point Rate Cut In H1 Next Year

    By Shanthi Rexaline The Federal Reserve ‘s policy-setting arm, the Federal Open Market Committee , kicks off a two-day meeting on Tuesday, with the futures market pricing in another pause decision. Tesla investor and CEO of Gerber Kawasaki Wealth and Investment Management, Ross Gerb
  7. BlackRock plans for ethereum trust fuel speculation about ETF filing

    By: Suzanne McGee (Reuters) - Asset management giant BlackRock registered to create an ethereum trust, a potential first step toward asking regulators to approve an exchange-traded fund tied to ether, the second-largest digital token. BlackRock registered the iShares Ethereum Trust
  8. SEC Delays Bitcoin ETF Approvals Yet Again, Cites Commitment To Safeguard Investors

    By Murtuza Merchant The U.S. Securities and Exchange Commission (SEC) has once more postponed its verdict on the approval of the nation's inaugural Bitcoin (CRYPTO: BTC ) focused exchange-traded fund (ETF) . The move leaves industry proponents perplexed, especially in light of a rece
  9. Cathie Wood Unravels Fed's Domino Effect Breaking China And Triggering Global Deflationary Bust: 'Rapid Growth Can Cover Many Economic Sins'

    By Shanthi Rexaline Ark Investment Management CEO Cathie Wood said late Monday that Federal Reserve's continued rate tightening will lead to deflation-induced rapid economic slowdown not only in the U.S. but also internationally. What Happened: “The Fed has precipitated and exacerb