Ark Funds

Ark Invest held its monthly investor webinar on April 13. Among the topics discussed was Bitcoin and whether the cryptocurrency could ever get banned. What Happened: Ray Dalio recently stated there is a good probability that Bitcoin gets outlawed. The Ark Invest team was asked about their thoughts...

An Ark Invest webinar was held on April 13. Among the topics discussed by CEO Cathie Wood and the team were SPACs. Caution On SPACs: Ark Invest and Cathie Wood have two points of view when it comes to SPACs: "We share optimism and concern." Wood said the compensation structure of SPACs...

The Ark Space Exploration & Innovation ETF (NYSE: ARKX) launched last week and many of the holdings were surprises to investors looking for a pure play on space companies. What Happened: One of the most surprising names in the new Ark space ETF was Deere & Company (NYSE: DE). The farm...

Space stocks have been in the news throughout 2021, including Ark Funds' ARK Space Exploration & Innovation ETF (BATS: ARKX) and the continued development of the space industry. Benzinga had the chance to talk to Andrew Chanin, the CEO of Procure Holdings. Chanin is...

On "SPACs Attack," the latest SPAC mergers, rumors and headline news is broken down Monday through Friday. To coincide with the 2021 March Madness Tournament, "SPACs Attack" held a March SPACness Tournament featuring a bracket of 64 companies that have completed the SPAC process...

Cathie Wood and her Ark Investment Management funds are well known for having large weighting in high conviction stocks like Tesla Inc (NASDAQ: TSLA). The percentages in several names could increase with new wording from the company. Single Security Cap: Ark Funds is eliminating a 30% cap on how...

Cathie Wood and Ark Funds have been no strangers to the SPAC world. The family of ETFs have added positions in several SPACs on deal announcement and post merger. What Happened: In an updated filing issued last week, Ark Funds is providing a warning on SPACs and also a possible new investment...

A leader in the proteomics field is going public with a SPAC deal announced Monday. The SPAC Deal: SomaLogic announced a SPAC deal with CM Life Sciences II Inc (NASDAQ: CMIIU), valuing the company at $1.2 billion. A $375 million PIPE on the SPAC merger includes investments from SoftBank Group Corp...

The potential for growth in the space market has been drawing attention from investors. And the space sector could get more attention over the next couple weeks with the Ark Funds space ETF set to launch as early as this coming Monday. Here is a look at the space-related SPACs that could be added...

Ark Funds CEO and Co-Founder Cathie Wood joined Benzinga for the “Raz Report” interview earlier this month. At that time, Wood promised a new price target was coming on Tesla from Ark. On Friday, it arrived.  Ark Funds on Tesla: Ark Funds updated its price target for shares of...

Special purpose acquisition companies (SPACs) were a hot topic for investors in 2020 and continue to be a big story in 2021. While SPACs have lost some of the initial buzz surrounding them, some of the larger names going public via this method are attracting interest from mutual funds and ETFs. Ark...

An important indicator for investors to consider could be a stock's 52-week trading range, the range shows the lowest and highest price that a particular stock has traded at over the last trailing 52 weeks. Here is a look at three stocks at 52-week lows that could bounce. Berkeley Lights:...

Ark Funds hosted an investor webinar on Tuesday, and the asset manager's take on the growth of online sports betting was among the topics covered. Ark On DraftKings: One stock that was recently added to the Ark Funds ETFs is DraftKings Inc (NASDAQ: DKNG). “There’s significant supply...

Ark Funds hosted an investor webinar Tuesday, sharing ideas on several industries and portfolio components, including a discussion on some names in the genomics space. Ark Funds On Genomics: Ark Funds is well-known for its bullish thesis on the genomics market. The company has the Ark...

Ark Investment Management held an investor webinar on March 9 to highlight some of the companies and themes of the companies in the company’s ETFs. What Was Said: CEO Cathie Wood has been a vocal bull on Tesla Inc (NASDAQ: TSLA) for years and the company remains the largest holding in...