As head of ARK Invest, Cathie Wood is one of the few celebrities in the financial world. She's made a name for herself with big bets and brash predictions like Bitcoin BTC/USD topping $1 million by 2030. These bets have often paid off, 2020's bull run saw her flagship fund, ARK Innovation ETF ARKK, triple the performance of the S&P 500.But Wood's recent track record has been lackluster. So far this year ARKK is up just over 2%, compared to almost 7% for the S&P. And it gets worse when stacked up against oth ...

Up And UpNvidia NVDA made history Thursday, adding $273 billion in value in a single day. That is the most ever recorded. The AI chipmaker is now the 4th largest company in the world, sitting just behind Saudi Aramco (TADAWUL: 2222) and just ahead of Amazon AMZN and Alphabet GOOG.Thursday's bump came after the most recent earnings call; the company once again beat expected revenue and earnings per share. The numbers it is forecasting for the next quarter are also higher than many analysts expected.Since the ...

SOPA Images/LightRocket via Getty Images In my previous discourse on the ARK Innovation ETF (NYSEARCA:ARKK), attention was directed towards the fund's dynamic management strategies. This analysis, however, shifts towards examining two pivotal themes believed to significantly influence the fund's portfolio composition and future performance metrics. Specifically, this piece delves into the growth prospects and financial debt levels of companies within ARKK's portfolio. These elements are anticipated to e ...

There’s no shortage of high-quality technology-focused ETFs to consider scooping up going into March 2024 as the AI-driven rally looks to enter its next phase. Undoubtedly, there seems to be a growing number of naysayers who view the technology sector as lofty and long overdue for a violent retreat. Certainly, it’s been such a hot run for tech, especially the so-called Magnificent Seven group, which has been the leadership to drive markets out of their rut. But just because tech, specifically large-cap tech ...

Noted investor Cathie Wood, the founder and CEO of Ark Investment Management, gained fame in 2020 thanks to her philosophy of investing in companies capable of disruptive innovation. All six of Ark's exchange-traded funds (ETFs) appreciated more than 100% during that year. The S&P 500, meanwhile, notched gains of just 16% in 2020.However, Wood's flagship fund, the Ark Innovation ETF (ARKK -2.83%), has lost 60% of its value since the beginning of 2021. What's more, Wood's fund has failed to recover substanti ...

Prominent growth investor Cathie Wood is rebalancing her largest and most familiar growth-stock fund. The Ark Innovation ETF (ARKK -4.05%) exchange-traded fund has sold millions of shares in Coinbase Global (COIN -6.53%), Zoom Video Communications (ZM -1.51%), and Twilio (TWLO -3.40%) in recent weeks.These are some of Cathie Wood's best-loved investments, and she often praises them in recent interviews. So why is she dumping these choice holdings by the boatload?I don't have a direct line to Wood's fund man ...

Technological Convergence - Disruptive technologies are converging, potentially accelerating global real economic growth from 3% to over 7% in the next 7 years[21] - Disruptive innovation's equity market value could increase from 16% to over 60% by 2030, growing from ~$19 trillion to ~$220 trillion[22] Artificial Intelligence - AI adoption is expected to significantly boost knowledge worker productivity, potentially quadrupling it by 2030[82] - AI hardware spending is projected to reach $1.3 trillion, supporting $13 trillion in AI software sales[71] Bitcoin Allocation - Bitcoin's annualized return has averaged ~44% over the last seven years, outperforming other major assets[166] - A portfolio seeking to maximize risk-adjusted returns would have allocated 19.4% to Bitcoin in 2023[179] - A 1% allocation from the $250 trillion global investable asset base into Bitcoin could result in a price potential of ~$120,000[190] Smart Contracts - The market value associated with decentralized applications could scale 32% annually, from $775 billion in 2023 to $5.2 trillion in 2030[240] - Smart contract networks could generate fees of $450 billion in 2030[290] Digital Consumers - Spending on digital leisure is projected to grow 19% annually, from $7 trillion in 2023 to $23 trillion in 2030[297] - Social commerce is expected to grow 32% annually, from $730 billion to over $5 trillion in 2030[298, 308] Digital Wallets - Closed loop consumer payments, merchant banking, and employee payroll/payments could increase revenues for vertical software platforms by 22-33% annually, from $7 billion in 2023 to $27-$50 billion in 2030[344] Precision Therapies - The enterprise value of companies focused on precision therapies could appreciate 28% annually, from ~$820 billion in 2023 to ~$4.5 trillion by 2030[397] Multiomic Tools & Technology - Multiomic technologies could reduce research and development spending per drug by more than 25%[444] Electric Vehicles - Electric vehicle sales are projected to scale 33% annually, from roughly 10 million in 2023 to 74 million in 2030[482] Robotics - Generalizable robotics could create a new market opportunity exceeding $24 trillion in revenue annually[516] Robotaxis - Robotaxi platforms could generate $28 trillion in enterprise value during the next five to ten years[553] Autonomous Logistics - Autonomous delivery revenues could scale to $900 billion in 2030[607] Reusable Rockets - Satellite connectivity revenues could reach $130 billion in 2030[648] - Hypersonic flight point-to-point could generate revenues of ~$35 billion in 2030, potentially reaching $350 billion at scale[648] 3D Printing - 3D printing revenues could scale ~40% annually, from ~$18 billion to ~$180 billion in 2030[693]