Hints and tips:
...Its five-year annualised return of 2.8 per cent trails almost all mid-cap growth and technology funds over the same span....
...Alongside Ark’s poor performance and questions over whether her evangelism could misfire in Europe, Wood and Ark will need to overcome several hurdles....
...His music is built out of mid-20th-century tonal American Modernism with an extroversion and intelligence that fuel great energy and sincere communication....
...The 10 spot bitcoin ETFs earned net inflows of about $7bn combined from their mid-January launch through the end of February, including $8.5bn that investors have withdrawn from the $27.5bn Grayscale Bitcoin...
...Today’s big read As investigations continue into the manufacturing processes at Boeing following the dramatic mid-air blowout of a door plug on the fuselage of an Air Alaska flight on January 5, the assembly...
...Referencing Cathie Wood’s high-profile Ark Innovation ETF, Kashner said “people are willing to pay up for ARKK, JEPI etc....
...In mid-July, Musk predicted that robotaxis would have “quasi-infinite demand”. Ark Invest thinks robotaxis could add $613bn in revenue by 2027....
...September 8 to 22; further information and tickets here Festivals Ark Hills Music Week A festival of free music and interactive events in and around the major office complex and “green city”, Ark Hills...
...(FT) Cathie Wood says Ark has ‘paid its dues’ after chalking up 68% gain (FT) Elon Musk’s AI start-up seeks to raise $6bn from investors to challenge OpenAI (FT) London Business School calls ‘peak MBA...
...But mostly because it distributed Raiders of the Lost Ark — the most famous film to be made about covenants, and source of great memes....
...Koçeku’s Instagrams of her herding goats onto a boat (tagged “Noah’s Ark”) clock up likes in the tens of thousands....
...Other asset managers, including Cathie Wood’s Ark, have amended their pending bitcoin ETF applications to copy the BlackRock plan....
...Since June, the Roundhill Meme and Ark Innovation ETFs are up 35 per cent and 25 per cent, respectively....
...That was before, you know, injuring someone stopped being a point of pride in the sport sometime in the mid-2000s....
...The ARK Innovation ETF was up 6 per cent, and is now up 50 per cent in a bit over a month....
...In the mid-band, exports plunged 14.3 per cent having been flat in November....
...Indeed we could get to the 2.0 per cent target by mid-year....
...The Nasdaq rebounded 23 per cent from mid-June to mid-August and gained 8 per cent in a week in early November....
...For all Ark’s talk of transparency, it takes more than four months before Wood finally agrees to an interview. By this point, it’s mid-February and ARKK has halved from its peak the year before....
...The figure is distorted by about $10.7bn of sales of Tesla stock by chief executive Elon Musk that occurred before the data’s mid-December cut-off point....
...the jobs market roaring and some scary Fedspeak, the new peak is 5.2 per cent, and the year-end rate is 4.9 per cent: Until recently, 2023’s winners have been last year’s dunces: growthy stuff, bitcoin, Ark...
...GameStop and AMC — the two leading “meme stocks” that were sent soaring by a horde of retail investors loosely organised on social media — have both lost almost a third of their value since mid-November....
...As a result, thematic funds’ share of total equity fund assets — 2.2 per cent as of June, triple that in 2012 — has remained flat or even risen since mid- year....
...Goldman Sachs research at the end of November showed that five of Ark Invest’s six active ETFs were among the top 10 thematic ETFs globally for outflows since the market high in mid-February....
...Following the rejection, the price of bitcoin dropped 3.4 per cent to as low as $19,400, its lowest point since mid-June....
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