Cathie Wood Divests Meta Shares for the First Time in Nearly a Year

Cathie Wood Divests Meta Shares for the First Time in Nearly a Year
26 days ago

In a surprising turn of events, Cathie Wood, the renowned CEO of ARK Invest, has sold shares of Meta Platforms Inc. (formerly Facebook) for the first time in almost a year. This significant decision marks a pivotal shift in ARK's investment strategy as Wood navigates through a volatile market landscape.

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Cathie Wood Warns that Most Memecoins Are Likely to Become Valueless

Cathie Wood Warns that Most Memecoins Are Likely to Become Valueless
27 days ago

In a bold statement that has captured the attention of the cryptocurrency community, renowned investor Cathie Wood has expressed grave concerns regarding the future of many popular memecoins. Wood, the CEO of ARK Invest, stated that most of these digital currencies, often released as jokes or community projects, are expected to dwindle to worthlessness in the coming years. This announcement comes amid a swirl of excitement and speculation surrounding the rise of these unconventional cryptocurrencies.

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Cathie Wood Shares Insights on Tech, AI, and Tesla's Future

Cathie Wood Shares Insights on Tech, AI, and Tesla's Future
1 month ago

Acclaimed investor Cathie Wood, the founder and CEO of ARK Invest, recently unveiled her perspectives on the current landscape of technology, particularly focusing on artificial intelligence (AI) and its burgeoning implications for various sectors, including automotive giants like Tesla. During an engaging interview, Wood emphasized her enthusiasm for technological innovation and how it can reshape industries, marking what she believes is an unprecedented era of growth.

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ARK Fund's Cathie Wood Embraces AI Competition as DeepSeek Promises Cost Reduction

ARK Fund's Cathie Wood Embraces AI Competition as DeepSeek Promises Cost Reduction
3 months ago

In a significant move that could reshape investment landscapes, Cathie Wood, CEO of ARK Invest, has expressed enthusiasm towards the fierce competition emerging within the artificial intelligence (AI) sector. Wood's remarks came shortly after the launch of DeepSeek, a groundbreaking AI tool that aims to lower the costs involved in various industries, significantly impacting investment strategies and the market's direction overall.

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