ARK Next Generation Technology ETF ARKW

The Motley Fool 16 oct

Cathie Wood recently added shares of Meta Platforms to her Ark Next Generation Technology ETF, purchasing over 29,000 shares across two days. The investment reflects Wood's bullish stance on Meta's AI initiatives, including the recent launch of its Muse personal AI agent. With Meta trading at 24x forward earnings and scheduled to report Q3 earnings on Oct. 21, the article suggests this is a reasonable entry point for long-term investors, though timing the purchase around the earnings date is not critical.

The Motley Fool 5 ago

Cathie Wood's Ark Invest has accumulated an $870.6 million Tesla position, adding $14.3 million in shares after Tesla's recent 20% decline this year. Wood maintains a bullish 2029 price target of $2,600 per share (700% upside potential), betting primarily on Tesla's autonomous vehicle and robotaxi technology rather than its Optimus robot initiative. Tesla has made progress on full self-driving software and robotaxi operations in select U.S. cities.

The Motley Fool 16 jul

Ark Invest purchased over $51 million in SpaceX stock last week across multiple transactions, bringing its total holdings to over $550 million spread across four ETFs. The firm has been a long-term investor in SpaceX since before its June IPO and has not sold any shares. However, the author expresses caution about SpaceX's profitability, noting that only its Starlink connectivity division posted operating profit last year, while its AI unit recorded a $6.4 billion loss.

The Motley Fool 29 jun

Cerebras stock surged over 20% this week following a 29% plunge the previous week, driven by Ark Invest's purchase of shares across two of its ETFs. The semiconductor company, which designs AI chips, received no company-specific news but benefited from Cathie Wood's investment endorsement. However, the article cautions investors against blindly following other investors' activity given the stock's significant volatility.

The Motley Fool 14 jun

Cathie Wood's Ark Invest added SpaceX shares to four of its six actively managed ETFs on the company's IPO day (June 12), despite being restricted from selling her existing holdings due to lockup periods. Wood purchased 325,562 shares through Ark Next Generation Internet and increased SpaceX positions in other funds, signaling confidence in the company even at its $150 opening price. The article suggests aggressive investors might follow Wood's lead, while cautious investors should wait for better entry points.