4 days ago
The U.S. Attorney's Office for the Southern District of New York filed a civil forfeiture complaint on Sep. 14 seeking approximately $61 million in cryptocurrency linked to black-market sales of Iranian crude oil.
According to the DOJ, the funds were allegedly meant to support the Iranian government and its military, including the Islamic Revolutionary Guard Corps, or IRGC. The U.S. government has designated the IRGC as a terrorist organization.
A civil forfeiture complaint is a legal action in which the government seeks to seize money or property it believes was involved in or resulted from criminal activity. It is not a criminal charge, the allegations are not proven until a court rules in the government's favor.
Related: Cathie Wood dumps $65 million in crypto ahead of CLARITY vote
The complaint alleges that two Chinese companies, Blessed Trust and Hexa Whale, used trading accounts at Binance to launder proceeds from sanctioned Iranian oil sales. Binance is the world's largest cryptocurrency exchange by daily trading volume.
#government
According to the DOJ, the funds were allegedly meant to support the Iranian government and its military, including the Islamic Revolutionary Guard Corps, or IRGC. The U.S. government has designated the IRGC as a terrorist organization.
A civil forfeiture complaint is a legal action in which the government seeks to seize money or property it believes was involved in or resulted from criminal activity. It is not a criminal charge, the allegations are not proven until a court rules in the government's favor.
Related: Cathie Wood dumps $65 million in crypto ahead of CLARITY vote
The complaint alleges that two Chinese companies, Blessed Trust and Hexa Whale, used trading accounts at Binance to launder proceeds from sanctioned Iranian oil sales. Binance is the world's largest cryptocurrency exchange by daily trading volume.
#government
4 days ago
SpaceX (SPCX) shares are pushing higher on Wednesday after Cathie Wood, the influential chief executive of ARK Invest, said Starship could be generating $10 trillion in annual revenue by 2030. Elon Musk responded to her ambitious forecast on X, saying it's "not impossible."
SpaceX stock has been a volatile ride for investors since its debut in June. As of writing, it's down about 25% versus its year-to-date high.
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#since
SpaceX stock has been a volatile ride for investors since its debut in June. As of writing, it's down about 25% versus its year-to-date high.
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#since
5 days ago
Billionaire Ray Dalio's Bridgewater ******* ociates and Cathie Wood's ARK Invest follow sharply different investment philosophies. Bridgewater generally runs a diversified, macro-driven portfolio that balances exposure across ******* ets, countries and economic environments. ARK concentrates on companies it believes can benefit from disruptive innovation.
Still, Insider Monkey's ******* ysis of their second-quarter 13F filings shows that the two firms shared exposure to several stocks. Among the largest common holdings were Eli Lilly (LLY) and Nvidia (NVDA).
Bridgewater held 87,023 Eli Lilly shares worth about $104.4 million at the end of the second quarter, after increasing its position by 16,211 shares. ARK held 77,254 shares valued at about $92.7 million, after adding 64,578 shares.
Bridgewater's Nvidia stake was much larger, comprising 3.87 million shares worth about $773.6 million. However, it reduced the position by 826,808 shares during the quarter. ARK moved in the other direction, adding 345,821 Nvidia shares to end the quarter with 1.38 million shares valued at about $276.4 million.
Let's focus on LLY.
#shares #quarter #exposure
Still, Insider Monkey's ******* ysis of their second-quarter 13F filings shows that the two firms shared exposure to several stocks. Among the largest common holdings were Eli Lilly (LLY) and Nvidia (NVDA).
Bridgewater held 87,023 Eli Lilly shares worth about $104.4 million at the end of the second quarter, after increasing its position by 16,211 shares. ARK held 77,254 shares valued at about $92.7 million, after adding 64,578 shares.
Bridgewater's Nvidia stake was much larger, comprising 3.87 million shares worth about $773.6 million. However, it reduced the position by 826,808 shares during the quarter. ARK moved in the other direction, adding 345,821 Nvidia shares to end the quarter with 1.38 million shares valued at about $276.4 million.
Let's focus on LLY.
#shares #quarter #exposure
5 days ago
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ARK Invest founder Cathie Wood called warnings that artificial intelligence could wipe out humanity "ridiculous," while welcoming the industry's push to slow advances at the AI frontier so safety measures can catch up.
Wood also expects President Donald Trump to block new federal rules. Polymarket traders currently give a qualifying U.S. AI safety law just a 19% chance of being enacted before 2027, on about $114,000 in trading.
Wood called the industry's slowdown pledge a "positive step." Drawing on her experience investing through the tech and telecom bubble, she said she welcomed industry leaders publicly confronting AI's risks.
"Half of the solution is understanding the problem," Wood told Reuters.
#called #safety #donald
ARK Invest founder Cathie Wood called warnings that artificial intelligence could wipe out humanity "ridiculous," while welcoming the industry's push to slow advances at the AI frontier so safety measures can catch up.
Wood also expects President Donald Trump to block new federal rules. Polymarket traders currently give a qualifying U.S. AI safety law just a 19% chance of being enacted before 2027, on about $114,000 in trading.
Wood called the industry's slowdown pledge a "positive step." Drawing on her experience investing through the tech and telecom bubble, she said she welcomed industry leaders publicly confronting AI's risks.
"Half of the solution is understanding the problem," Wood told Reuters.
#called #safety #donald
5 days ago
Investor Cathie Wood has sold a number of cryptocurrency stocks over the past week as their share prices have rallied.
Wood's firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.
The firm's latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group's stock.
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#cathie
Wood's firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.
The firm's latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group's stock.
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#cathie
6 days ago
Investor Cathie Wood has sold a number of cryptocurrency stocks over the past week as their share prices have rallied.
Wood's firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.
The firm's latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group's stock.
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#NYSE #million
Wood's firm Ark Invest sold shares of Coinbase Global (NASDAQ: $COIN), Circle (NYSE: $CRCL), Bullish (NYSE: $BLSH), and Bitmine (NYSE: $BMNR) as the stocks rose.
The firm's latest trade disclosure showed that it sold $7 million U.S. of Coinbase stock and $13.8 million U.S. of Circle Internet Group's stock.
More From Cryptoprowl:
MEXC Launches Earn Plus With Limited-Time Event Offering Up to 800% APR Booster
#NYSE #million
6 days ago
Billionaire Ray Dalio's Bridgewater ****** ociates and Cathie Wood's ARK Invest follow sharply different investment philosophies. Bridgewater generally runs a diversified, macro-driven portfolio that balances exposure across ****** ets, countries and economic environments. ARK concentrates on companies it believes can benefit from disruptive innovation.
Still, Insider Monkey's ****** ysis of their second-quarter 13F filings shows that the two firms shared exposure to several stocks. Among the largest common holdings were Eli Lilly (LLY) and Nvidia (NVDA).
Bridgewater held 87,023 Eli Lilly shares worth about $104.4 million at the end of the second quarter, after increasing its position by 16,211 shares. ARK held 77,254 shares valued at about $92.7 million, after adding 64,578 shares.
Bridgewater's Nvidia stake was much larger, comprising 3.87 million shares worth about $773.6 million. However, it reduced the position by 826,808 shares during the quarter. ARK moved in the other direction, adding 345,821 Nvidia shares to end the quarter with 1.38 million shares valued at about $276.4 million.
Let's focus on LLY.
#lilly
Still, Insider Monkey's ****** ysis of their second-quarter 13F filings shows that the two firms shared exposure to several stocks. Among the largest common holdings were Eli Lilly (LLY) and Nvidia (NVDA).
Bridgewater held 87,023 Eli Lilly shares worth about $104.4 million at the end of the second quarter, after increasing its position by 16,211 shares. ARK held 77,254 shares valued at about $92.7 million, after adding 64,578 shares.
Bridgewater's Nvidia stake was much larger, comprising 3.87 million shares worth about $773.6 million. However, it reduced the position by 826,808 shares during the quarter. ARK moved in the other direction, adding 345,821 Nvidia shares to end the quarter with 1.38 million shares valued at about $276.4 million.
Let's focus on LLY.
#lilly
8 days ago
Cathie Wood, head of Ark Investment Management, often buys her favorite tech stocks when she sees a new opportunity.
That's what she did last week, pouring $27.9 million into Meta Platforms (META) as the company pushes deeper into AI.
Last year, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500's return of 17.88% in the same period. So far this year, Wood's flagship Ark Innovation ETF (ARKK) is up 8.66% as of writing, while the S&P 500 surged 11.85%, Yahoo Finance data shows.
Wood gained a reputation after the Ark Innovation ETF delivered a rosy 153% return in 2020. But her style also brings painful losses in bearish markets, as seen in 2022, when the ETF tumbled more than 60%.
Those swings have weighed on Wood's long-term gains. As of Sept. 11, her Ark Innovation ETF has delivered a five-year annualized return of -6.89%, while the S&P 500 has an annualized return of 11.42% over the same period, according to data from Morningstar.
#meta #last #period
That's what she did last week, pouring $27.9 million into Meta Platforms (META) as the company pushes deeper into AI.
Last year, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500's return of 17.88% in the same period. So far this year, Wood's flagship Ark Innovation ETF (ARKK) is up 8.66% as of writing, while the S&P 500 surged 11.85%, Yahoo Finance data shows.
Wood gained a reputation after the Ark Innovation ETF delivered a rosy 153% return in 2020. But her style also brings painful losses in bearish markets, as seen in 2022, when the ETF tumbled more than 60%.
Those swings have weighed on Wood's long-term gains. As of Sept. 11, her Ark Innovation ETF has delivered a five-year annualized return of -6.89%, while the S&P 500 has an annualized return of 11.42% over the same period, according to data from Morningstar.
#meta #last #period
9 days ago
Skyworks Solutions (SWKS) shares rallied and printed a new 52-week high on Sept. 11 after chief executive Phil Brace said the pending merger with Qorvo has entered its final phases. As investors cheered the disclosure, SWKS's relative strength index (RSI) soared into the early 80s, indicating overbought conditions that often trigger profit-taking in the near term.
Including today's gains, Skyworks stock is up more than 50% versus its low in mid-July.
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#swks
Including today's gains, Skyworks stock is up more than 50% versus its low in mid-July.
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#swks
9 days ago
The S&P 500 Index ($SPX) (SPY) on Friday rose by +0.86%, the Dow Jones Industrial Average ($DOWI) (DIA) rose by +0.98%, and the Nasdaq 100 Index ($IUXX) (QQQ) rose by +0.91%. E-mini S&P futures (ESU26) rose +0.83%, and September E-mini Nasdaq futures (NQU26) rose +0.86%.
Stock indexes closed higher, supported by Friday's -2.4% decline in oil prices. The stock market took Friday's CPI report largely in stride, even as the 10-year T-note yield closed slightly higher and the odds of a Fed rate hike next week rose to 85%.
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#index #futures #higher #Friday
Stock indexes closed higher, supported by Friday's -2.4% decline in oil prices. The stock market took Friday's CPI report largely in stride, even as the 10-year T-note yield closed slightly higher and the odds of a Fed rate hike next week rose to 85%.
GME Stock Jumps as GameStop CEO Ryan Cohen Buys $20 Million Worth of Shares
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Cathie Wood Just Bet $45 Million on This Beaten-Down ***** e Stock. Wall Street Sees 70% Upside.
#index #futures #higher #Friday
9 days ago
Dell Technologies (DELL) stock ripped higher and closed at a new all-time high on Sept. 11 after RBC Capital Markets initiated coverage of the tech-hardware giant with an "Outperform" rating. ***** yst David Paige ***** igned a $640 price objective to DELL, which signals potential for another 15% upside from current levels.
RBC's bullish call is significant given Dell shares have already been in a sharp uptrend in 2026, currently trading at more than 4x their price at the start of this year.
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#bullish
RBC's bullish call is significant given Dell shares have already been in a sharp uptrend in 2026, currently trading at more than 4x their price at the start of this year.
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#bullish
9 days ago
Oklo (OKLO) stock was under immense pressure on Sept. 11 after the advanced nuclear-tech company disclosed plans to raise another $1 billion in fresh capital. In an 8-K filing, OKLO confirmed that it has entered into an equity distribution agreement with a syndicate of 10 major financial institutions to issue and sell up to $1 billion of its common stock.
Following today's decline, Oklo shares are trading at less than half their price at the start of 2026.
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#billion #following #ryan
Following today's decline, Oklo shares are trading at less than half their price at the start of 2026.
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Cathie Wood Just Bet $45 Million on This Beaten-Down ****** e Stock. Wall Street Sees 70% Upside.
#billion #following #ryan
9 days ago
Investors are bailing on Chewy (CHWY) shares on Sept. 11 after a senior JPMorgan ***** yst downgraded the online pet food and supplies retailer to "Neutral." In his research note, Doug Anmuth reduced his price objective on CHWY to $24, although that still represents about a 20% upside from current levels.
Chewy stock has been out of favor with investors in 2026. It is currently down nearly 40% versus the start of this year.
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#Stock #investors #jpmorgan
Chewy stock has been out of favor with investors in 2026. It is currently down nearly 40% versus the start of this year.
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Cathie Wood Just Bet $45 Million on This Beaten-Down ***** e Stock. Wall Street Sees 70% Upside.
#Stock #investors #jpmorgan
9 days ago
GameStop (GME) shares pushed higher on Sept. 11 after a regulatory filing confirmed that chief executive Ryan Cohen has expanded his stake in the gaming merchandise retailer. In open-market transactions, Cohen has acquired a total of 1,000,000 company shares for roughly $20.37 million, which translates to a weighted per-share price of about $20.38, the filing revealed.
The disclosure arrives at a time when GME stock is already reclaiming some of its recent losses, currently up some 15% versus its August low.
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#shares #filing #august
The disclosure arrives at a time when GME stock is already reclaiming some of its recent losses, currently up some 15% versus its August low.
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#shares #filing #august
9 days ago
Cathie Wood just made a massive bet on Rocket Lab (RKLB), buying more than 700,000 shares as the ******* e stock continues to reel from a sharp selloff.
Last week, Ark Invest purchased more than 705,000 shares of Rocket Lab, with the transactions worth roughly $45 million. That makes the ******* e company one of Ark's biggest disclosed additions by value during the period and puts Wood firmly on the bullish side of the debate surrounding RKLB stock.
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#Stock #time
Last week, Ark Invest purchased more than 705,000 shares of Rocket Lab, with the transactions worth roughly $45 million. That makes the ******* e company one of Ark's biggest disclosed additions by value during the period and puts Wood firmly on the bullish side of the debate surrounding RKLB stock.
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#Stock #time
9 days ago
Cathie Wood just sent a fresh signal on Block (XYZ), and the timing is hard to miss.
Ark Invest bought 456,059 shares of Block across three exchange-traded funds (ETFs) last week, worth about $37.4 million. The purchase came after Block dipped nearly 2% that day. But the bigger story is what came before it. In February 2026, CEO Jack Dorsey cut more than 4,000 jobs, or roughly 40% of the workforce, as he pushed Block toward a leaner, more artificial intelligence (AI) driven model. XYZ stock jumped about 22% on the news.
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#Stock #came #cathie #Invest
Ark Invest bought 456,059 shares of Block across three exchange-traded funds (ETFs) last week, worth about $37.4 million. The purchase came after Block dipped nearly 2% that day. But the bigger story is what came before it. In February 2026, CEO Jack Dorsey cut more than 4,000 jobs, or roughly 40% of the workforce, as he pushed Block toward a leaner, more artificial intelligence (AI) driven model. XYZ stock jumped about 22% on the news.
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#Stock #came #cathie #Invest
11 days ago
When Cathie Wood makes a move, Wall Street tends to pay attention. Her trades have become something of a market signal, especially when they involve the high-growth themes she has consistently backed. And in September, that shopping list included a little bit of everything — ****** e, fintech, crypto and biotechnology — while ARK Investment Management trimmed several large technology and healthcare positions.
In fintech, ARK Innovation ETF (ARKK) has been steadily adding to its Robinhood Markets (HOOD) bet. On Sept. 4, the fund bought 28,589 HOOD shares worth roughly $3.5 million, just a day after the stock jumped 16.6%. ARK then returned to the checkout counter on Sept. 8, purchasing another $3.3 million worth of Robinhood's shares. The buying reflects growing optimism around Robinhood's prediction markets, banking, and crypto businesses. The additions have also pushed HOOD into ARKK's top 10 holdings, with a 4.17% portfolio weight.
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#Stock #sept #markets #worth
In fintech, ARK Innovation ETF (ARKK) has been steadily adding to its Robinhood Markets (HOOD) bet. On Sept. 4, the fund bought 28,589 HOOD shares worth roughly $3.5 million, just a day after the stock jumped 16.6%. ARK then returned to the checkout counter on Sept. 8, purchasing another $3.3 million worth of Robinhood's shares. The buying reflects growing optimism around Robinhood's prediction markets, banking, and crypto businesses. The additions have also pushed HOOD into ARKK's top 10 holdings, with a 4.17% portfolio weight.
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RKLB Stock Jumps as Rocket Lab Debuts New Solar Cell for ****** e
#Stock #sept #markets #worth
17 days ago
September 4 delivered a stark rotation. Memory, connectivity, chip-equipment, and power stocks rallied while Adobe fell 6.7% and Palantir dropped 4.5%. Adobe's decline followed news that Anil Chakravarthy will become chief executive on December 1, while Palantir faced a broader move away from richly valued software. Adobe Inc. (NASDAQ:ADBE) and Palantir Technologies Inc. (NASDAQ:PLTR) test whether investors are underestimating software monetization or correctly pricing greater disruption risk.
Adobe's bull case is embedded distribution across creative, document, and marketing workflows. Fiscal second-quarter revenue rose 13% to a record $6.62 billion, and AI-first annualized recurring revenue more than tripled to above $500 million. Chakravarthy already runs customer-experience orchestration, which could connect AI creation with enterprise activation. The bear case is that low-cost generative tools erode pricing, while its CEO and interim-CFO transitions complicate execution.
Insider Monkey counted 81 hedge funds holding Adobe Inc. (NASDAQ:ADBE) at June 30, down from 86 at March 31. Arrowstreet Capital, led by Peter Rathjens, Bruce Clarke, and John Campbell, disclosed 6,787,022 shares, roughly 0.1% fewer sequentially. The filing predates the leadership announcement.
Palantir's bull case is already visible in results. Second-quarter revenue grew 93% to $1.94 billion, U.S. commercial revenue rose 149%, and adjusted operating margin reached 62%. Its software can turn model output into governed operational decisions. The bear case is valuation, contract concentration, termination clauses, and the risk that current growth rates normalize as competitors improve.
Eighty-six hedge funds held Palantir Technologies Inc. (NASDAQ:PLTR) in Q2, down from 96 in Q1. Cathie Wood's ARK Investment Management reported 3,212,286 shares, about 3.3% more than in the prior quarter.
#revenue #chakravarthy #adbe
Adobe's bull case is embedded distribution across creative, document, and marketing workflows. Fiscal second-quarter revenue rose 13% to a record $6.62 billion, and AI-first annualized recurring revenue more than tripled to above $500 million. Chakravarthy already runs customer-experience orchestration, which could connect AI creation with enterprise activation. The bear case is that low-cost generative tools erode pricing, while its CEO and interim-CFO transitions complicate execution.
Insider Monkey counted 81 hedge funds holding Adobe Inc. (NASDAQ:ADBE) at June 30, down from 86 at March 31. Arrowstreet Capital, led by Peter Rathjens, Bruce Clarke, and John Campbell, disclosed 6,787,022 shares, roughly 0.1% fewer sequentially. The filing predates the leadership announcement.
Palantir's bull case is already visible in results. Second-quarter revenue grew 93% to $1.94 billion, U.S. commercial revenue rose 149%, and adjusted operating margin reached 62%. Its software can turn model output into governed operational decisions. The bear case is valuation, contract concentration, termination clauses, and the risk that current growth rates normalize as competitors improve.
Eighty-six hedge funds held Palantir Technologies Inc. (NASDAQ:PLTR) in Q2, down from 96 in Q1. Cathie Wood's ARK Investment Management reported 3,212,286 shares, about 3.3% more than in the prior quarter.
#revenue #chakravarthy #adbe
17 days ago
Cathie Wood's investment firm ARK Invest bought 28,589 shares of Robinhood Markets (Nasdaq: HOOD) worth approximately $3.6 million on Sep. 4.
A veteran investor, Wood is a prolific trader of crypto-linked equities such as Circle Internet Group (NYSE: CRCL), Bullish (NYSE: BLSH), Block Inc. (NYSE: XYZ), Bitmine Immersion Technologies (NYSE: BMNR), etc.
Wood bought Robinhood shares as the company got involved in a controversy with the entertainment giant, AMC Entertainment Holdings (NYSE: AMC).
Related: Man turns Robinhood-AMC feud into $2 million gain in 12 hours
Robinhood is an e-brokerage platform popular among young retail traders for its equity, crypto, and stock token offerings.
#robinhood
A veteran investor, Wood is a prolific trader of crypto-linked equities such as Circle Internet Group (NYSE: CRCL), Bullish (NYSE: BLSH), Block Inc. (NYSE: XYZ), Bitmine Immersion Technologies (NYSE: BMNR), etc.
Wood bought Robinhood shares as the company got involved in a controversy with the entertainment giant, AMC Entertainment Holdings (NYSE: AMC).
Related: Man turns Robinhood-AMC feud into $2 million gain in 12 hours
Robinhood is an e-brokerage platform popular among young retail traders for its equity, crypto, and stock token offerings.
#robinhood
17 days ago
Cathie Wood appears to have made a sharp choice inside the same AI trade. ARK Invest's August 28 transaction disclosure showed sales of 156,286 shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) and purchases of 243,707 shares of NVIDIA Corporation (NASDAQ:NVDA). Based on the August 28 closing prices, the moves were worth an estimated $72.8 million and $53.0 million, respectively. ARK also bought Broadcom, making the message look less like a retreat from AI chips than a reordering of which suppliers offer the best risk-adjusted exposure.
The bull case for the switch is execution. NVIDIA Corporation (NASDAQ:NVDA) reported quarterly revenue of $96.2 billion, including $89 billion from its data-center business. Its scale, software ecosystem, and ability to sell complete systems give it a clearer path to monetizing every new cluster. Advanced Micro Devices, Inc. (NASDAQ:AMD) is growing rapidly from a smaller base, with second-quarter revenue up 50% and data-center revenue up 107%, but it still has to convert product momentum into durable share gains against a rival that sets much of the market's pace.
That does not make AMD the obvious loser. Its Instinct accelerators and EPYC server processors give customers a credible second source, while hyperscalers have strong incentives to prevent one vendor from controlling their economics. If AMD keeps improving its software and wins larger deployments, its smaller revenue base could produce more upside. Nvidia's strength also creates its own bear case: enormous expectations, customer concentration, export restrictions, and the risk that buyers increasingly favor custom silicon can punish even excellent results.
ARK's filing does not disclose its rationale. The same-day trade reduced AMD exposure and increased Nvidia exposure, but it does not mean AMD's thesis has broken. Hedge-fund holder counts rose for both names. At the end of Q2, 164 hedge funds owned AMD, up from 134 one quarter earlier, while Nvidia ownership rose to 285 funds from 275. Marshall Wace increased its AMD common-share position 3% to 3.9 million shares, and Fisher **** et Management raised its Nvidia stake 3% to 90.9 million shares.
AMD's reported short positioning was not exceptionally high. As of the August 14 settlement date, 40.1 million shares were sold short, equal to 2.47% of the float and 1.5 days of average trading volume. The trade is striking, but the fuller picture is a two-winner market: Nvidia offers the cleaner execution story, while AMD offers the more demanding and potentially more explosive share-gain story.
#NASDAQ #revenue #trade #advanced
The bull case for the switch is execution. NVIDIA Corporation (NASDAQ:NVDA) reported quarterly revenue of $96.2 billion, including $89 billion from its data-center business. Its scale, software ecosystem, and ability to sell complete systems give it a clearer path to monetizing every new cluster. Advanced Micro Devices, Inc. (NASDAQ:AMD) is growing rapidly from a smaller base, with second-quarter revenue up 50% and data-center revenue up 107%, but it still has to convert product momentum into durable share gains against a rival that sets much of the market's pace.
That does not make AMD the obvious loser. Its Instinct accelerators and EPYC server processors give customers a credible second source, while hyperscalers have strong incentives to prevent one vendor from controlling their economics. If AMD keeps improving its software and wins larger deployments, its smaller revenue base could produce more upside. Nvidia's strength also creates its own bear case: enormous expectations, customer concentration, export restrictions, and the risk that buyers increasingly favor custom silicon can punish even excellent results.
ARK's filing does not disclose its rationale. The same-day trade reduced AMD exposure and increased Nvidia exposure, but it does not mean AMD's thesis has broken. Hedge-fund holder counts rose for both names. At the end of Q2, 164 hedge funds owned AMD, up from 134 one quarter earlier, while Nvidia ownership rose to 285 funds from 275. Marshall Wace increased its AMD common-share position 3% to 3.9 million shares, and Fisher **** et Management raised its Nvidia stake 3% to 90.9 million shares.
AMD's reported short positioning was not exceptionally high. As of the August 14 settlement date, 40.1 million shares were sold short, equal to 2.47% of the float and 1.5 days of average trading volume. The trade is striking, but the fuller picture is a two-winner market: Nvidia offers the cleaner execution story, while AMD offers the more demanding and potentially more explosive share-gain story.
#NASDAQ #revenue #trade #advanced
18 days ago
Remixpoint Inc. (TYO: 3825), a Tokyo, ****** an-listed energy and digital ****** ets company, announced on Sep. 2 that it has sold all its holdings in XRP, Ethereum (ETH), Solana (SOL), and Dogecoin (DOGE). The company now holds only Bitcoin (BTC) in its digital ****** et treasury.
The company sold 1.19 million XRP, 901.45 ETH, 13,920 SOL, and 2.8 million DOGE for approximately $5.5 million.
The sale generated a gain of around $737,000 — $72,000 in XRP, $377,000 in ETH, and $308,000 in SOL. But the DOGE sale led to a loss of $21,000.
Related: Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
The company now holds 1,506 BTC worth approximately $115.3 million. In fact, Bitcoin is now the only cryptocurrency it holds in its digital ****** et treasury.
#digital #Bitcoin #only
The company sold 1.19 million XRP, 901.45 ETH, 13,920 SOL, and 2.8 million DOGE for approximately $5.5 million.
The sale generated a gain of around $737,000 — $72,000 in XRP, $377,000 in ETH, and $308,000 in SOL. But the DOGE sale led to a loss of $21,000.
Related: Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
The company now holds 1,506 BTC worth approximately $115.3 million. In fact, Bitcoin is now the only cryptocurrency it holds in its digital ****** et treasury.
#digital #Bitcoin #only
18 days ago
Ondo Finance has filed three comment letters with the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC), arguing that existing U.S. regulations already have room for products built on blockchain technology, they just need to be applied differently.
The letters, published Sep. 2, cover three separate rulemaking areas: perpetual futures product definitions, portfolio margining, and market data reporting.
Each letter addresses a different rule, but the underlying argument is the same across all three: regulators should judge whether a system works, not whether it looks like the one it's replacing.
Related: Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
Perpetual futures, or "perps," are contracts that let traders bet on an ***** et's price without the contract ever expiring. Traditional futures use expiration dates to force prices to converge with the underlying ***** et.
#commission #whether #finance
The letters, published Sep. 2, cover three separate rulemaking areas: perpetual futures product definitions, portfolio margining, and market data reporting.
Each letter addresses a different rule, but the underlying argument is the same across all three: regulators should judge whether a system works, not whether it looks like the one it's replacing.
Related: Cathie Wood buys millions in popular crypto stock on Chelsea FC deal
Perpetual futures, or "perps," are contracts that let traders bet on an ***** et's price without the contract ever expiring. Traditional futures use expiration dates to force prices to converge with the underlying ***** et.
#commission #whether #finance
20 days ago
Cathie Wood's ARK Invest picked up 243,707 Nvidia shares on Friday at a total cost of approximately $53 million, according to Barron's. The buy came after Nvidia stock closed down 4.6% at $217.55 that day, pulling back from a surge driven by the chipmaker's latest earnings report.
The purchase fits a pattern that has emerged over recent months, with Wood adding to ARK's Nvidia holdings at the same time she has been paring back its AMD exposure. ARK sold 156,286 AMD shares on Friday as well.
Nvidia stock was up 0.5% at $218.70 in premarket trading Monday.
Nvidia's second-quarter revenue more than doubled, clearing ****** yst forecasts by the widest margin in two years, and the company projected 70% revenue growth for its fiscal 2028 year. Nvidia stock climbed roughly 7% on Thursday following the report, lifting chip stocks broadly and pushing major indexes higher. The stock's subsequent pullback on Friday set up the entry point for ARK's purchase.
CEO Jensen Huang said demand for the company's products exceeds its ability to supply them.
#Friday #shares #back #cathie
The purchase fits a pattern that has emerged over recent months, with Wood adding to ARK's Nvidia holdings at the same time she has been paring back its AMD exposure. ARK sold 156,286 AMD shares on Friday as well.
Nvidia stock was up 0.5% at $218.70 in premarket trading Monday.
Nvidia's second-quarter revenue more than doubled, clearing ****** yst forecasts by the widest margin in two years, and the company projected 70% revenue growth for its fiscal 2028 year. Nvidia stock climbed roughly 7% on Thursday following the report, lifting chip stocks broadly and pushing major indexes higher. The stock's subsequent pullback on Friday set up the entry point for ARK's purchase.
CEO Jensen Huang said demand for the company's products exceeds its ability to supply them.
#Friday #shares #back #cathie
21 days ago
Cathie Wood is doubling down on Cerebras Systems (CBRS) at a time when the artificial intelligence (AI) chip stock is struggling to regain its footing. Ark Invest bought another 93,290 Cerebras shares on Aug. 25 across multiple exchange-traded funds (ETFs), worth roughly $17.2 million based on the reported purchase value. That follows additional buying earlier in August.
The timing is notable. Shares of Cerebras have fallen sharply from their May peak and remain extremely volatile. CBRS stock is down 7% over the past month and 26% over the past three months. The stock has swung between a 52-week high of $386.34 and a low of $160.81.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#pltr
The timing is notable. Shares of Cerebras have fallen sharply from their May peak and remain extremely volatile. CBRS stock is down 7% over the past month and 26% over the past three months. The stock has swung between a 52-week high of $386.34 and a low of $160.81.
Dear Sandisk Stock Fans, Mark Your Calendars for August 31
Wu-Tang Clan Member Raekwon Is a Palantir 'OG,' Visiting Headquarters 16 Years After Receiving His Custom PLTR Jacket
Dear Palantir Stock Fans, Here's What Maven's Billion-Dollar ARR Means for PLTR
#pltr
21 days ago
Roblox is down 49% year to date and slipping another 3% as Cathie Wood's ARK keeps trimming, while Take-Two barely moves ahead of GTA VI.
ARK sold $6.5M of Roblox while buying $7.6M of nuclear supplier BWXT, rotating capital from consumer platforms into AI-adjacent power infrastructure.
Roblox's 43% revenue growth and 66% free cash flow surge contrast sharply with its $1B net loss, keeping the stock's valuation under persistent pressure.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Roblox didn't make the cut. Grab the names FREE today.
Roblox stock is falling harder than its sector fund and its top gaming peer this Tuesday morning, on a session with no company news to explain the underperformance. The identifiable pressure comes from continued selling by Cathie Wood's ARK Invest, without any overnight announcement from Roblox (NYSE:RBLX) itself. The rotation detail is the story: ARK sold Roblox on the same day it bought a nuclear supplier.
#cathie #sold #take #BWXT
ARK sold $6.5M of Roblox while buying $7.6M of nuclear supplier BWXT, rotating capital from consumer platforms into AI-adjacent power infrastructure.
Roblox's 43% revenue growth and 66% free cash flow surge contrast sharply with its $1B net loss, keeping the stock's valuation under persistent pressure.
Act now: the ***** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Roblox didn't make the cut. Grab the names FREE today.
Roblox stock is falling harder than its sector fund and its top gaming peer this Tuesday morning, on a session with no company news to explain the underperformance. The identifiable pressure comes from continued selling by Cathie Wood's ARK Invest, without any overnight announcement from Roblox (NYSE:RBLX) itself. The rotation detail is the story: ARK sold Roblox on the same day it bought a nuclear supplier.
#cathie #sold #take #BWXT
26 days ago
Cathie Wood, chief of Ark Investment Management, often trims her biggest winners after sharp rallies.
This week, she's selling Tempus AI (TEM), taking some shares off the table after the healthcare AI stock surged nearly 30% in days and became the second-largest holding in her fund.
Last year, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500's return of 17.88% in the same period. So far this year, Wood's flagship Ark Innovation ETF (ARKK) is up 10.16% as of Aug. 26, while the S&P 500 surged 12.13%, Yahoo Finance data show.
Wood gained a reputation after the Ark Innovation ETF delivered a 153% return in 2020. But her style also brings painful losses in bearish markets, as seen in 2022, when the Ark Innovation ETF tumbled more than 60%.
Those swings have weighed on Wood's long-term gains. As of Aug. 26, her Ark Innovation ETF has delivered a five-year annualized return of -6.21%, while the S&P 500 has an annualized return of 11.42% over the same period, according to data from Morningstar.
#year #period
This week, she's selling Tempus AI (TEM), taking some shares off the table after the healthcare AI stock surged nearly 30% in days and became the second-largest holding in her fund.
Last year, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500's return of 17.88% in the same period. So far this year, Wood's flagship Ark Innovation ETF (ARKK) is up 10.16% as of Aug. 26, while the S&P 500 surged 12.13%, Yahoo Finance data show.
Wood gained a reputation after the Ark Innovation ETF delivered a 153% return in 2020. But her style also brings painful losses in bearish markets, as seen in 2022, when the Ark Innovation ETF tumbled more than 60%.
Those swings have weighed on Wood's long-term gains. As of Aug. 26, her Ark Innovation ETF has delivered a five-year annualized return of -6.21%, while the S&P 500 has an annualized return of 11.42% over the same period, according to data from Morningstar.
#year #period
28 days ago
Brad Gerstner of Altimeter Capital is known for his AI tech investing, while Cathie Wood is known for her aggressive growth investing across different sectors. The latest 13F filings for the second quarter show that there are two stocks common in their portfolios: Snowflake (NYSE:SNOW) and Robinhood (NASDAQ:HOOD).
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares.
On Robinhood, the two moved in opposite directions, but both stayed in. Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%.
For this article, we will **** yze Snowflake in detail.
Cathie Wood of ARK Investment Management
#gerstner #robinhood #million #Portfolio
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares.
On Robinhood, the two moved in opposite directions, but both stayed in. Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%.
For this article, we will **** yze Snowflake in detail.
Cathie Wood of ARK Investment Management
#gerstner #robinhood #million #Portfolio
28 days ago
Cathie Wood has kept buying Circle as the stock fell 42% in a year. On Sunday she said why. Wall Street **** ysts who built their careers on Visa and Mastercard, she argued, cannot understand the company.
Circle issues USDC, a digital dollar backed by cash and short-term US government debt. Wood runs ARK Invest, and Circle is now the biggest crypto bet in her flagship fund.
Wood was replying to a chart built from Artemis data, where **** yst Alex Obchakevich indicated that the market was changing its mind about who actually earns money on stablecoins.
It tracked the three payment firms over a year. Visa was up about 5%, Mastercard about 1%. Circle was down 42%.
Though CRCL has appreciated 84% since its IPO, this one-year chart illustrates the inefficiency of public equity markets in the short term. Many financial services **** ysts have built their long-term track records off of $V and $MA and cannot fathom Circle, the disrupter," Wood challenged.
#circle
Circle issues USDC, a digital dollar backed by cash and short-term US government debt. Wood runs ARK Invest, and Circle is now the biggest crypto bet in her flagship fund.
Wood was replying to a chart built from Artemis data, where **** yst Alex Obchakevich indicated that the market was changing its mind about who actually earns money on stablecoins.
It tracked the three payment firms over a year. Visa was up about 5%, Mastercard about 1%. Circle was down 42%.
Though CRCL has appreciated 84% since its IPO, this one-year chart illustrates the inefficiency of public equity markets in the short term. Many financial services **** ysts have built their long-term track records off of $V and $MA and cannot fathom Circle, the disrupter," Wood challenged.
#circle
29 days ago
Brad Gerstner of Altimeter Capital is known for his AI tech investing, while Cathie Wood is known for her aggressive growth investing across different sectors. The latest 13F filings for the second quarter show that there are two stocks common in their portfolios: Snowflake (NYSE:SNOW) and Robinhood (NASDAQ:HOOD).
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares.
On Robinhood, the two moved in opposite directions, but both stayed in. Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%.
For this article, we will ******* yze Snowflake in detail.
Cathie Wood of ARK Investment Management
#wood
Gerstner holds a large stake of 1.9 million shares in Snowflake, making it 4.99% of his portfolio. Wood opened a new position in the company with 269,539 shares.
On Robinhood, the two moved in opposite directions, but both stayed in. Gerstner held his position steady at 899,691 shares, about 0.92% of his portfolio. Wood trimmed hers by 13% to roughly 5.24 million shares, though Robinhood remains one of her larger holdings at 3.41%.
For this article, we will ******* yze Snowflake in detail.
Cathie Wood of ARK Investment Management
#wood
29 days ago
Cathie Wood continued betting big on ******* eX on Friday. Her ARK Invest firm purchased over 200,000 shares of Elon Musk's ******* e company across multiple ETFs worth almost $27 million, according to company logs. Wood has long placed high value on Musk's companies, pumping hundreds of millions into investments in ******* eX (SPCX) and Tesla (TSLA) over the years. ARK Invest Buys…
8/21/2026 Nevada regulators voted Thursday to approve Las Vegas robotaxi permits for Tesla, Uber and Google's Waymo. They'll join Amazon's Zoox.
Get instant access to exclusive stock lists, expert market ******* ysis and powerful tools with 2 months of IBD Digital for only $20!
#elon
8/21/2026 Nevada regulators voted Thursday to approve Las Vegas robotaxi permits for Tesla, Uber and Google's Waymo. They'll join Amazon's Zoox.
Get instant access to exclusive stock lists, expert market ******* ysis and powerful tools with 2 months of IBD Digital for only $20!
#elon