Sunday, July 25

Cathie Wood

Bitcoin, Cathie Wood, crypto, Dogecoin, Elon Musk, Elon Musk Bitcoin, elon Musk crypto, Ether, Jack Dorsey, Markets, MI Exclusive, SpaceX, Tesla, Tesla bitcoin

‘I might pump but I don’t dump’: Elon Musk outlined his broad approach crypto investing in a panel also featuring Cathie Wood and Jack Dorsey

Elon Musk REUTERS/Mike Blake Elon Musk on Wednesday said he is a supporter of bitcoin and wants to see the cryptocurrency succeed. "If the price of bitcoin goes down, I lose money. I might pump but I don't dump," Musk said during "The B Word" event. Musk spoke on the panel alongside Twitter chief Jack Dorsey and Ark Invest CEO Cathie Wood. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Elon Musk on Wednesday detailed his thoughts on cryptocurrencies, saying on a live panel that he is a supporter of bitcoin and would like to see the asset succeed."If the price of bitcoin goes down, I lose money. I might pump but I don't dump," Musk said during "The B Word" event, which also featured Twitter chief Jack Dorsey and Ark Invest CEO Cathie Wood.He continued: ...
ARK, Ark ETF, Ark Funds, ARK Innovation ETF, ARK Invest, Cathie Wood, cathie wood etf, JPMorgan, Markets, MI Exclusive

Cathie Wood’s flagship ARK fund shows dot-com bubble traits and may be luring investors into a’bull trap,’ JPMorgan strategist says

Cathie Wood, CEO and chief investment officer of ARK Invest. ARK Invest Cathie Wood's ARK Innovation ETF is demonstrating bubble-like traits similar to those seen during the excessive speculation of internet-related companies in the late 1990s, and could be luring investors into a "bull trap," according to JPMorgan strategist Shawn Quigg.In a note dated July 15, Quigg wrote that a second-half pick-up in Treasury yields and a shift in the growth dynamic of the economy could trigger a bull-trap reversal of shares in the exchange-traded fund."A looming rise in yields could be a catalyst to accelerate ARKK shares lower, in addition to the continued outperformance of large staple-tech stocks over disruptive-tech stocks, and pressing ARKK into the capitulation phase," he wrote.JPMorgan...
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A new ETF from legendary tech investor Ryan Jacob will target’forward-thinking companies,’ tapping demand for thematic investments

Jacob Internet Fund An actively managed ETF from Ryan Jacob's asset management firm is looking to capitalize on the thematic investing boom. The Jacob Forward ETF will invest in "innovative, forward-thinking" tech companies. Jacob cut his teeth investing in tech as the dot-com bubble inflated, launching the Jacob Internet Fund in December 1999. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. An actively managed ETF launched Wednesday by Ryan Jacob's asset management firm is looking to capitalize on the thematic investing boom.The Jacob Forward ETF will invest in "innovative, forward-thinking" tech companies, on the theory technological advantages can drive "superior, lasting growth," according to the announcement.Jacob cut his teeth investing in tech com...