Cathie

Cathie Wood said software providers will be the next to ride on the artificial intelligence frenzy driven by Nvidia Corp. “We are looking to the software providers who are actually right now where Nvidia was when we first bought it,” Wood,…

Cathie Wood’s Ark Investment Management has earned more than $300mn in fees on its flagship exchange traded fund since its inception nine years ago, while wiping out almost $10bn of investors’ cash in the same period.Investors have…

Cathie Wood’s Ark Investment Management has lost almost $50bn in assets from its stable of exchange traded funds since its 2021 peak, highlighting the scale of this year’s losses in speculative tech stocks. Total assets across Ark’s…

Despite the strong falls in the share prices of tech companies traded on Wall Street, investors still believe in US investment guru Cathie Wood, mainly for the long-term. Over $1.5 billion flowed into her flagship Ark…

High-profile technology investor Cathie Wood has told Australian investors she believes deflation is a key risk on the horizon after rising interest rates and inflation have smashed her innovation-focused fund Ark Investment…

In a 2018 video, Cathie Wood, founder of Ark Invest, declared “monogenic stem cell therapy” a $2tn revenue opportunity, with “polygenic” versions of the treatment worth “however many trillions” more. It was typical of the grand…

Born in Los Angeles to Irish immigrants, Wood graduated from the University of Southern California in 1981. Her professors included Arthur Laffer, the economist behind the Laffer curve - used to illustrate the argument that cutting tax…

SARK’s success underscores how quickly even the most successful investors can witness a swing of fortune, especially in a rapidly changing macroeconomic environment. Wood’s steadfast belief in technology’s next big thing has collided with…

Ark Invest founder Cathie Wood said the massive sell-off in unprofitable tech companies that has slammed her investment performance has only increased her conviction in her positions, as she declared that “innovation is on sale” and…

Cathie Wood’s flagship Ark fund is on the cusp of being overtaken by Warren Buffett’s Berkshire Hathaway in the post-pandemic performance table, reflecting a dramatic shift in fortunes between the two prominent investors.Ark Invest’s…