The Latest Breaking News from ARK

Cathie Wood is shifting away from Tesla, zeroing in on an AI-driven healthcare firm that is revolutionizing precision medicine and advanced diagnostics.

Cathie Wood loads up on drone maker Archer Aviation amid price hikes, defense partnership. Ark Invest offloaded some Tesla stock.

The Nasdaq Composite is up 29.3% this year, while the ARK Innovation ETF has returned 13.56%.

Ark Invest’s Cathie Wood on Sunday expressed her positive outlook for the stock market under President-elect Donald Trump‘s administration.

History shows that higher tariffs have been painful for the stock markets to digest, but President-elect Donald Trump's stand on increasing the tariffs seems undeterred, while some analysts call it a negotiating tool, others think that combining it with tax cuts could be good for the economy.

On Wednesday, Cathie Wood-led Ark Invest made some notable trades. The most prominent among these were in Amazon.com Inc (NASDAQ:AMZN), Advanced Micro Devices Inc.

Cathie Wood, CEO of ARK Invest, is doubling down on biologics, seeing unprecedented potential at the intersection of artificial intelligence, genetic sequencing, and gene editing technologies.

Cathie Wood's Ark Invest made strategic trades on Monday Nov. 25, 2024, selling Tesla and Palantir shares while buying Amazon and AMD stocks, aligning with sector trends and company developments.

The fund has 15% exposure to Musk’s private companies.