Cathie Wood remains bullish on Tesla stock, noting signals that compare its potential to a company 1/100th the size of Nvidia. Ark Invest plowed $50 million into Tesla.

The entities involved

• Cathie Wood →

  American investor and businesswoman; CEO of Ark Invest

  • Cathie Wood trimmed her Bitcoin price target as analysts linked a Binance hack to North Korea amid rate cut-driven market highs.Fri 18:35
• Tesla →

  American automotive, energy storage and solar power company

  • Qualcomm reported falling smartphone chip sales, amid fears of future FED rate hikes and tougher AI regulation.03:51
  • Kim Kardashian featured a Tesla robot in an editorial shoot while Elon Musk donated $500 million to Donald Trump candidates.Thu 01:11
• Ark Invest →

  American asset management firm

  • ARK Invest executed multiple stock trades, selling AMD and TSMC while buying Archer Aviation, Joby Aviation, and Robinhood.Sat 02:20
• Nvidia →

  American multinational technology company

  • Major technology giants, including Nvidia and Amazon, are being affected by a recent market crash.06:50
  • Researchers at Oxford published in Nature that the AI bottleneck is shifting from compute power to data availability.06:22

Related events

• Cathie Wood bought CoreWeave during a selloff, while Goldman Sachs upgraded the company to Buy and Nvidia remains a major shareholder.Oct 19
• Cathie Wood leads Ark Invest, which is tracking Netflix's strategic shifts as it loses viewing share to YouTube.Oct 23
• Ark Invest, led by Cathie Wood, used its funds to purchase shares in three companies: X-Energy, CoreWeave, and SpaceX.Jul 8