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mrscottiefy
2021-05-19
HODL ?
Crypto Tumble Wipes $600 Billion Off Digital Tokens in a Week
mrscottiefy
2021-05-19
Warren regrets trimming his position
Cathie Wood's Ark Loads Up Further On Tesla And Cuts Apple Stake
Go to Tiger App to see more news
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regrets trimming his position","listText":"Warren regrets trimming his position","text":"Warren regrets trimming his position","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197970569","repostId":"1111575736","repostType":4,"repost":{"id":"1111575736","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621412611,"share":"https://ttm.financial/m/news/1111575736?lang=&edition=fundamental","pubTime":"2021-05-19 16:23","market":"us","language":"en","title":"Cathie Wood's Ark Loads Up Further On Tesla And Cuts Apple Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1111575736","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in Tes","content":"<p>Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in <b>Tesla Inc</b> after a two-week gap during which shares of the electric vehicle company have retreated about 15%.</p>\n<p>The New York-based investment firm bought 47,031 shares in Tesla via the <b>Ark Innovation ETF</b> and the <b>Ark Autonomous Technology & Robotics ETF</b>.</p>\n<p>Ark last bought Tesla shares on April 29 as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter.</p>\n<p>ARKK has Tesla as its largest holding with nearly $2 billion worth of the electric vehicle maker’s stock, or about 10% of the ETF.</p>\n<p>Wood’s firm has been bullish on the electric vehicle company but CEO Elon Musk’s opinion on Bitcoin’s energy consumption last week put Ark’s stand at crossroads with that of Tesla.</p>\n<p>Ark Funds had in March updated its price target for Tesla to $3,000 per share by 2025. Tesla shares closed 0.18% higher at $577.87 on Tuesday and were down 1.19% in after-hours.</p>\n<p>The investment firm, which has shed most of its <b>Apple Inc</b> shares, sold more of them on Tuesday, and now holds residual shares in the Cupertino, California-based company.</p>\n<p>The <b>ARK Fintech Innovation ETF</b> sold 2,500 shares, worth about $312,125, in Apple. No other Ark ETF has a position in Apple.</p>\n<p><b>Other Ark Buys On Tuesday:</b></p>\n<ul>\n <li><b>Square Inc</b></li>\n <li><b>StoneCo Ltd</b></li>\n <li><b>Signify Health Inc</b></li>\n <li><b>Recursion Pharmaceuticals Inc</b></li>\n <li><b>908 Devices Inc</b></li>\n <li><b>1life Healthcare Inc</b></li>\n <li><b>Codexis Inc</b></li>\n <li><b>Pacific Biosciences of California Inc</b></li>\n <li><b>Twilio Inc</b> </li>\n <li><b>Draftkings Inc</b></li>\n <li><b>Crispr Therapeutics AG</b></li>\n <li><b>CoinbaseGlobal Inc</b></li>\n <li><b>Beam Therapeutics Inc</b></li>\n <li><b>Niu Technologies</b></li>\n <li><b>Atlas Crest Investment Corp</b> </li>\n <li><b>Uipath Inc</b> </li>\n <li><b>Blade Air Mobility Inc</b></li>\n <li><b>KASPI.KZ JSC</b></li>\n</ul>\n<p><b>Other Ark Sells On Tuesday:</b></p>\n<ul>\n <li><b>Guidewire Software Inc</b></li>\n <li><b>Yeahka Ltd</b> </li>\n <li><b>Pluristem Therapeutics Inc</b></li>\n <li><b>Lendingtree Inc</b></li>\n <li><b>Synopsys Inc</b></li>\n <li><b>Syros Pharmaceuticals Inc</b> </li>\n <li><b>Organovo Holdings Inc</b> </li>\n <li><b>KE Holdings Inc</b> </li>\n <li><b>Novartis AG</b> </li>\n <li><b>Nintendo Co Ltd</b></li>\n <li><b>Huya Inc</b></li>\n <li><b>Workhorse Group Inc</b> </li>\n <li><b>Virgin Galactic Holdings Inc</b> </li>\n <li><b>Galileo Acquisition Corp</b> </li>\n <li><b>Autodesk Inc</b> </li>\n <li><b>HubSpot Inc</b></li>\n <li><b>Pinterest Inc</b> </li>\n <li><b>Fastly Inc</b> </li>\n <li><b>Baidu Inc</b> </li>\n <li><b>Agora Inc</b> </li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Ark Loads Up Further On Tesla And Cuts Apple Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Loads Up Further On Tesla And Cuts Apple Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-19 16:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in <b>Tesla Inc</b> after a two-week gap during which shares of the electric vehicle company have retreated about 15%.</p>\n<p>The New York-based investment firm bought 47,031 shares in Tesla via the <b>Ark Innovation ETF</b> and the <b>Ark Autonomous Technology & Robotics ETF</b>.</p>\n<p>Ark last bought Tesla shares on April 29 as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter.</p>\n<p>ARKK has Tesla as its largest holding with nearly $2 billion worth of the electric vehicle maker’s stock, or about 10% of the ETF.</p>\n<p>Wood’s firm has been bullish on the electric vehicle company but CEO Elon Musk’s opinion on Bitcoin’s energy consumption last week put Ark’s stand at crossroads with that of Tesla.</p>\n<p>Ark Funds had in March updated its price target for Tesla to $3,000 per share by 2025. Tesla shares closed 0.18% higher at $577.87 on Tuesday and were down 1.19% in after-hours.</p>\n<p>The investment firm, which has shed most of its <b>Apple Inc</b> shares, sold more of them on Tuesday, and now holds residual shares in the Cupertino, California-based company.</p>\n<p>The <b>ARK Fintech Innovation ETF</b> sold 2,500 shares, worth about $312,125, in Apple. No other Ark ETF has a position in Apple.</p>\n<p><b>Other Ark Buys On Tuesday:</b></p>\n<ul>\n <li><b>Square Inc</b></li>\n <li><b>StoneCo Ltd</b></li>\n <li><b>Signify Health Inc</b></li>\n <li><b>Recursion Pharmaceuticals Inc</b></li>\n <li><b>908 Devices Inc</b></li>\n <li><b>1life Healthcare Inc</b></li>\n <li><b>Codexis Inc</b></li>\n <li><b>Pacific Biosciences of California Inc</b></li>\n <li><b>Twilio Inc</b> </li>\n <li><b>Draftkings Inc</b></li>\n <li><b>Crispr Therapeutics AG</b></li>\n <li><b>CoinbaseGlobal Inc</b></li>\n <li><b>Beam Therapeutics Inc</b></li>\n <li><b>Niu Technologies</b></li>\n <li><b>Atlas Crest Investment Corp</b> </li>\n <li><b>Uipath Inc</b> </li>\n <li><b>Blade Air Mobility Inc</b></li>\n <li><b>KASPI.KZ JSC</b></li>\n</ul>\n<p><b>Other Ark Sells On Tuesday:</b></p>\n<ul>\n <li><b>Guidewire Software Inc</b></li>\n <li><b>Yeahka Ltd</b> </li>\n <li><b>Pluristem Therapeutics Inc</b></li>\n <li><b>Lendingtree Inc</b></li>\n <li><b>Synopsys Inc</b></li>\n <li><b>Syros Pharmaceuticals Inc</b> </li>\n <li><b>Organovo Holdings Inc</b> </li>\n <li><b>KE Holdings Inc</b> </li>\n <li><b>Novartis AG</b> </li>\n <li><b>Nintendo Co Ltd</b></li>\n <li><b>Huya Inc</b></li>\n <li><b>Workhorse Group Inc</b> </li>\n <li><b>Virgin Galactic Holdings Inc</b> </li>\n <li><b>Galileo Acquisition Corp</b> </li>\n <li><b>Autodesk Inc</b> </li>\n <li><b>HubSpot Inc</b></li>\n <li><b>Pinterest Inc</b> </li>\n <li><b>Fastly Inc</b> </li>\n <li><b>Baidu Inc</b> </li>\n <li><b>Agora Inc</b> </li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","AAPL":"苹果","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKF":"ARK Fintech Innovation ETF","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111575736","content_text":"Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in Tesla Inc after a two-week gap during which shares of the electric vehicle company have retreated about 15%.\nThe New York-based investment firm bought 47,031 shares in Tesla via the Ark Innovation ETF and the Ark Autonomous Technology & Robotics ETF.\nArk last bought Tesla shares on April 29 as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter.\nARKK has Tesla as its largest holding with nearly $2 billion worth of the electric vehicle maker’s stock, or about 10% of the ETF.\nWood’s firm has been bullish on the electric vehicle company but CEO Elon Musk’s opinion on Bitcoin’s energy consumption last week put Ark’s stand at crossroads with that of Tesla.\nArk Funds had in March updated its price target for Tesla to $3,000 per share by 2025. Tesla shares closed 0.18% higher at $577.87 on Tuesday and were down 1.19% in after-hours.\nThe investment firm, which has shed most of its Apple Inc shares, sold more of them on Tuesday, and now holds residual shares in the Cupertino, California-based company.\nThe ARK Fintech Innovation ETF sold 2,500 shares, worth about $312,125, in Apple. No other Ark ETF has a position in Apple.\nOther Ark Buys On Tuesday:\n\nSquare Inc\nStoneCo Ltd\nSignify Health Inc\nRecursion Pharmaceuticals Inc\n908 Devices Inc\n1life Healthcare Inc\nCodexis Inc\nPacific Biosciences of California Inc\nTwilio Inc \nDraftkings Inc\nCrispr Therapeutics AG\nCoinbaseGlobal Inc\nBeam Therapeutics Inc\nNiu Technologies\nAtlas Crest Investment Corp \nUipath Inc \nBlade Air Mobility Inc\nKASPI.KZ JSC\n\nOther Ark Sells On Tuesday:\n\nGuidewire Software Inc\nYeahka Ltd \nPluristem Therapeutics Inc\nLendingtree Inc\nSynopsys Inc\nSyros Pharmaceuticals Inc \nOrganovo Holdings Inc \nKE Holdings Inc \nNovartis AG \nNintendo Co Ltd\nHuya Inc\nWorkhorse Group Inc \nVirgin Galactic Holdings Inc \nGalileo Acquisition Corp \nAutodesk Inc \nHubSpot Inc\nPinterest Inc \nFastly Inc \nBaidu Inc \nAgora Inc","news_type":1},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197944761,"gmtCreate":1621423753453,"gmtModify":1704357378923,"author":{"id":"3580762760771279","authorId":"3580762760771279","name":"mrscottiefy","avatar":"https://static.tigerbbs.com/c7785cdd9432018a75bf33fef500a4e3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3580762760771279","authorIdStr":"3580762760771279"},"themes":[],"htmlText":"HODL ?","listText":"HODL ?","text":"HODL ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197944761","repostId":"1107558091","repostType":4,"repost":{"id":"1107558091","pubTimestamp":1621420211,"share":"https://ttm.financial/m/news/1107558091?lang=&edition=fundamental","pubTime":"2021-05-19 18:30","market":"us","language":"en","title":"Crypto Tumble Wipes $600 Billion Off Digital Tokens in a Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1107558091","media":"Bloomberg","summary":"Musk’s Bitcoin criticism, China crypto warning shake sector\nBitcoin now down almost 40% from its mid","content":"<ul>\n <li>Musk’s Bitcoin criticism, China crypto warning shake sector</li>\n <li>Bitcoin now down almost 40% from its mid-April $64,870 record</li>\n</ul>\n<p>Virtual currencies are retreating so broadly and sharply, it’s testing the durability of the cryptocurrency boom.</p>\n<p>The value of more than 7,000 tokens tracked by CoinGecko has shrunk more than $600 billion in the past week to $1.9 trillion. Bitcoin, the largest cryptocurrency, slid some 11% Wednesday to break below $40,000 and is now about $25,000 off its record high set in April.</p>\n<p>Multiple factors are at play, ranging from criticism of the environmental impact of Bitcoin’s energy usage by onetime proponent Elon Musk, to the risk of a regulatory squeeze on what some have called the Wild West of investing. Digital tokens have also delivered gains so fat that some traders may have been taking profits.</p>\n<p>The $40,000 mark is a “critical make-or-break pivot level” for Bitcoin and a decline to just below $30,000 isn’t out of the question, Jeffrey Halley, senior market analyst at Oanda, wrote in a note.</p>\n<p>Here’s a snapshot of the crypto retreat:</p>\n<p><b>Market Value</b></p>\n<p><img src=\"https://static.tigerbbs.com/a49fce5743e9333e0d461e7f0aad637d\" tg-width=\"952\" tg-height=\"522\"></p>\n<p>Early in April, the value of cryptocurrencies breached $2 trillion for the first time, doubling in about two months on optimism institutional investors were increasingly interested. The current weakness has erased over $600 billion.</p>\n<p><b>Breaking $40,000</b></p>\n<p><img src=\"https://static.tigerbbs.com/4c667f867f5d3f835b4482176bfd5312\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>Bitcoin tested its 200-day moving average, and its discount to the 120-day average is the biggest since last year, according to Mike McGlone, a commodity strategist at Bloomberg Intelligence in New York. He sees the Bitcoin price settling around the 2021 average of approximately $49,000.</p>\n<p><b>Futures</b></p>\n<p><img src=\"https://static.tigerbbs.com/37378d124d57d3cc139ca134fc782b6d\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>In Bitcoin futures, technicians see a bearish head-and-shoulders pattern, which could point to more weakness ahead.</p>\n<p><b>Bitcoin Versus Gold</b></p>\n<p><img src=\"https://static.tigerbbs.com/1f426bc7dc3e4eea6d36aee4b7bf9aa7\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>The ratio of Bitcoin’s price relative to gold has dropped to the lowest since early February. That’s come amid greater caution about speculative assets as well as the post-pandemic economic recovery. Bitcoin’s proponents argue it’s a modern-day store of value, a claim belied by the token’s volatility.</p>\n<p><b>Ether Trade</b></p>\n<p><img src=\"https://static.tigerbbs.com/e3be0dce1e4ad3d851c42ddf515d3838\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>After Bitcoin pulled back from a mid-April high, an ongoing rally in Ether -- the second-largest cryptocurrency -- drew attention. But that has also stalled. Chris Weston, head of research at Pepperstone Group Ltd. in Melbourne, wrote in a note Monday that he was closing a short Bitcoin/long Ether trade as the “dust really needs to settle.”</p>\n<p><b>Largest Fund</b></p>\n<p><img src=\"https://static.tigerbbs.com/4f6356fdb46cbe22da222b5fc5066fd8\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>The Grayscale Bitcoin Trust, the largest Bitcoin fund, is sitting on close to a record discount to net asset value. That gap could disappear if it converts as planned to an exchange-traded fund. However, risks for a wider discount include uncertainty over whether U.S. officials will ever allow Bitcoin ETFs.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Tumble Wipes $600 Billion Off Digital Tokens in a Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Tumble Wipes $600 Billion Off Digital Tokens in a Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 18:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-05-19/crypto-tumble-wipes-600-billion-off-digital-tokens-in-a-week?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Musk’s Bitcoin criticism, China crypto warning shake sector\nBitcoin now down almost 40% from its mid-April $64,870 record\n\nVirtual currencies are retreating so broadly and sharply, it’s testing the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-19/crypto-tumble-wipes-600-billion-off-digital-tokens-in-a-week?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉","PYPL":"PayPal","SQ":"Block","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-19/crypto-tumble-wipes-600-billion-off-digital-tokens-in-a-week?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107558091","content_text":"Musk’s Bitcoin criticism, China crypto warning shake sector\nBitcoin now down almost 40% from its mid-April $64,870 record\n\nVirtual currencies are retreating so broadly and sharply, it’s testing the durability of the cryptocurrency boom.\nThe value of more than 7,000 tokens tracked by CoinGecko has shrunk more than $600 billion in the past week to $1.9 trillion. Bitcoin, the largest cryptocurrency, slid some 11% Wednesday to break below $40,000 and is now about $25,000 off its record high set in April.\nMultiple factors are at play, ranging from criticism of the environmental impact of Bitcoin’s energy usage by onetime proponent Elon Musk, to the risk of a regulatory squeeze on what some have called the Wild West of investing. Digital tokens have also delivered gains so fat that some traders may have been taking profits.\nThe $40,000 mark is a “critical make-or-break pivot level” for Bitcoin and a decline to just below $30,000 isn’t out of the question, Jeffrey Halley, senior market analyst at Oanda, wrote in a note.\nHere’s a snapshot of the crypto retreat:\nMarket Value\n\nEarly in April, the value of cryptocurrencies breached $2 trillion for the first time, doubling in about two months on optimism institutional investors were increasingly interested. The current weakness has erased over $600 billion.\nBreaking $40,000\n\nBitcoin tested its 200-day moving average, and its discount to the 120-day average is the biggest since last year, according to Mike McGlone, a commodity strategist at Bloomberg Intelligence in New York. He sees the Bitcoin price settling around the 2021 average of approximately $49,000.\nFutures\n\nIn Bitcoin futures, technicians see a bearish head-and-shoulders pattern, which could point to more weakness ahead.\nBitcoin Versus Gold\n\nThe ratio of Bitcoin’s price relative to gold has dropped to the lowest since early February. That’s come amid greater caution about speculative assets as well as the post-pandemic economic recovery. Bitcoin’s proponents argue it’s a modern-day store of value, a claim belied by the token’s volatility.\nEther Trade\n\nAfter Bitcoin pulled back from a mid-April high, an ongoing rally in Ether -- the second-largest cryptocurrency -- drew attention. But that has also stalled. Chris Weston, head of research at Pepperstone Group Ltd. in Melbourne, wrote in a note Monday that he was closing a short Bitcoin/long Ether trade as the “dust really needs to settle.”\nLargest Fund\n\nThe Grayscale Bitcoin Trust, the largest Bitcoin fund, is sitting on close to a record discount to net asset value. That gap could disappear if it converts as planned to an exchange-traded fund. However, risks for a wider discount include uncertainty over whether U.S. officials will ever allow Bitcoin ETFs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":197944761,"gmtCreate":1621423753453,"gmtModify":1704357378923,"author":{"id":"3580762760771279","authorId":"3580762760771279","name":"mrscottiefy","avatar":"https://static.tigerbbs.com/c7785cdd9432018a75bf33fef500a4e3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580762760771279","idStr":"3580762760771279"},"themes":[],"htmlText":"HODL ?","listText":"HODL ?","text":"HODL ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197944761","repostId":"1107558091","repostType":4,"repost":{"id":"1107558091","pubTimestamp":1621420211,"share":"https://ttm.financial/m/news/1107558091?lang=&edition=fundamental","pubTime":"2021-05-19 18:30","market":"us","language":"en","title":"Crypto Tumble Wipes $600 Billion Off Digital Tokens in a Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1107558091","media":"Bloomberg","summary":"Musk’s Bitcoin criticism, China crypto warning shake sector\nBitcoin now down almost 40% from its mid","content":"<ul>\n <li>Musk’s Bitcoin criticism, China crypto warning shake sector</li>\n <li>Bitcoin now down almost 40% from its mid-April $64,870 record</li>\n</ul>\n<p>Virtual currencies are retreating so broadly and sharply, it’s testing the durability of the cryptocurrency boom.</p>\n<p>The value of more than 7,000 tokens tracked by CoinGecko has shrunk more than $600 billion in the past week to $1.9 trillion. Bitcoin, the largest cryptocurrency, slid some 11% Wednesday to break below $40,000 and is now about $25,000 off its record high set in April.</p>\n<p>Multiple factors are at play, ranging from criticism of the environmental impact of Bitcoin’s energy usage by onetime proponent Elon Musk, to the risk of a regulatory squeeze on what some have called the Wild West of investing. Digital tokens have also delivered gains so fat that some traders may have been taking profits.</p>\n<p>The $40,000 mark is a “critical make-or-break pivot level” for Bitcoin and a decline to just below $30,000 isn’t out of the question, Jeffrey Halley, senior market analyst at Oanda, wrote in a note.</p>\n<p>Here’s a snapshot of the crypto retreat:</p>\n<p><b>Market Value</b></p>\n<p><img src=\"https://static.tigerbbs.com/a49fce5743e9333e0d461e7f0aad637d\" tg-width=\"952\" tg-height=\"522\"></p>\n<p>Early in April, the value of cryptocurrencies breached $2 trillion for the first time, doubling in about two months on optimism institutional investors were increasingly interested. The current weakness has erased over $600 billion.</p>\n<p><b>Breaking $40,000</b></p>\n<p><img src=\"https://static.tigerbbs.com/4c667f867f5d3f835b4482176bfd5312\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>Bitcoin tested its 200-day moving average, and its discount to the 120-day average is the biggest since last year, according to Mike McGlone, a commodity strategist at Bloomberg Intelligence in New York. He sees the Bitcoin price settling around the 2021 average of approximately $49,000.</p>\n<p><b>Futures</b></p>\n<p><img src=\"https://static.tigerbbs.com/37378d124d57d3cc139ca134fc782b6d\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>In Bitcoin futures, technicians see a bearish head-and-shoulders pattern, which could point to more weakness ahead.</p>\n<p><b>Bitcoin Versus Gold</b></p>\n<p><img src=\"https://static.tigerbbs.com/1f426bc7dc3e4eea6d36aee4b7bf9aa7\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>The ratio of Bitcoin’s price relative to gold has dropped to the lowest since early February. That’s come amid greater caution about speculative assets as well as the post-pandemic economic recovery. Bitcoin’s proponents argue it’s a modern-day store of value, a claim belied by the token’s volatility.</p>\n<p><b>Ether Trade</b></p>\n<p><img src=\"https://static.tigerbbs.com/e3be0dce1e4ad3d851c42ddf515d3838\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>After Bitcoin pulled back from a mid-April high, an ongoing rally in Ether -- the second-largest cryptocurrency -- drew attention. But that has also stalled. Chris Weston, head of research at Pepperstone Group Ltd. in Melbourne, wrote in a note Monday that he was closing a short Bitcoin/long Ether trade as the “dust really needs to settle.”</p>\n<p><b>Largest Fund</b></p>\n<p><img src=\"https://static.tigerbbs.com/4f6356fdb46cbe22da222b5fc5066fd8\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>The Grayscale Bitcoin Trust, the largest Bitcoin fund, is sitting on close to a record discount to net asset value. That gap could disappear if it converts as planned to an exchange-traded fund. However, risks for a wider discount include uncertainty over whether U.S. officials will ever allow Bitcoin ETFs.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Tumble Wipes $600 Billion Off Digital Tokens in a Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Tumble Wipes $600 Billion Off Digital Tokens in a Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 18:30 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-05-19/crypto-tumble-wipes-600-billion-off-digital-tokens-in-a-week?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Musk’s Bitcoin criticism, China crypto warning shake sector\nBitcoin now down almost 40% from its mid-April $64,870 record\n\nVirtual currencies are retreating so broadly and sharply, it’s testing the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-19/crypto-tumble-wipes-600-billion-off-digital-tokens-in-a-week?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉","PYPL":"PayPal","SQ":"Block","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-05-19/crypto-tumble-wipes-600-billion-off-digital-tokens-in-a-week?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107558091","content_text":"Musk’s Bitcoin criticism, China crypto warning shake sector\nBitcoin now down almost 40% from its mid-April $64,870 record\n\nVirtual currencies are retreating so broadly and sharply, it’s testing the durability of the cryptocurrency boom.\nThe value of more than 7,000 tokens tracked by CoinGecko has shrunk more than $600 billion in the past week to $1.9 trillion. Bitcoin, the largest cryptocurrency, slid some 11% Wednesday to break below $40,000 and is now about $25,000 off its record high set in April.\nMultiple factors are at play, ranging from criticism of the environmental impact of Bitcoin’s energy usage by onetime proponent Elon Musk, to the risk of a regulatory squeeze on what some have called the Wild West of investing. Digital tokens have also delivered gains so fat that some traders may have been taking profits.\nThe $40,000 mark is a “critical make-or-break pivot level” for Bitcoin and a decline to just below $30,000 isn’t out of the question, Jeffrey Halley, senior market analyst at Oanda, wrote in a note.\nHere’s a snapshot of the crypto retreat:\nMarket Value\n\nEarly in April, the value of cryptocurrencies breached $2 trillion for the first time, doubling in about two months on optimism institutional investors were increasingly interested. The current weakness has erased over $600 billion.\nBreaking $40,000\n\nBitcoin tested its 200-day moving average, and its discount to the 120-day average is the biggest since last year, according to Mike McGlone, a commodity strategist at Bloomberg Intelligence in New York. He sees the Bitcoin price settling around the 2021 average of approximately $49,000.\nFutures\n\nIn Bitcoin futures, technicians see a bearish head-and-shoulders pattern, which could point to more weakness ahead.\nBitcoin Versus Gold\n\nThe ratio of Bitcoin’s price relative to gold has dropped to the lowest since early February. That’s come amid greater caution about speculative assets as well as the post-pandemic economic recovery. Bitcoin’s proponents argue it’s a modern-day store of value, a claim belied by the token’s volatility.\nEther Trade\n\nAfter Bitcoin pulled back from a mid-April high, an ongoing rally in Ether -- the second-largest cryptocurrency -- drew attention. But that has also stalled. Chris Weston, head of research at Pepperstone Group Ltd. in Melbourne, wrote in a note Monday that he was closing a short Bitcoin/long Ether trade as the “dust really needs to settle.”\nLargest Fund\n\nThe Grayscale Bitcoin Trust, the largest Bitcoin fund, is sitting on close to a record discount to net asset value. That gap could disappear if it converts as planned to an exchange-traded fund. However, risks for a wider discount include uncertainty over whether U.S. officials will ever allow Bitcoin ETFs.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197970569,"gmtCreate":1621423875051,"gmtModify":1704357381891,"author":{"id":"3580762760771279","authorId":"3580762760771279","name":"mrscottiefy","avatar":"https://static.tigerbbs.com/c7785cdd9432018a75bf33fef500a4e3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3580762760771279","idStr":"3580762760771279"},"themes":[],"htmlText":"Warren regrets trimming his position","listText":"Warren regrets trimming his position","text":"Warren regrets trimming his position","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/197970569","repostId":"1111575736","repostType":4,"repost":{"id":"1111575736","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1621412611,"share":"https://ttm.financial/m/news/1111575736?lang=&edition=fundamental","pubTime":"2021-05-19 16:23","market":"us","language":"en","title":"Cathie Wood's Ark Loads Up Further On Tesla And Cuts Apple Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1111575736","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in Tes","content":"<p>Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in <b>Tesla Inc</b> after a two-week gap during which shares of the electric vehicle company have retreated about 15%.</p>\n<p>The New York-based investment firm bought 47,031 shares in Tesla via the <b>Ark Innovation ETF</b> and the <b>Ark Autonomous Technology & Robotics ETF</b>.</p>\n<p>Ark last bought Tesla shares on April 29 as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter.</p>\n<p>ARKK has Tesla as its largest holding with nearly $2 billion worth of the electric vehicle maker’s stock, or about 10% of the ETF.</p>\n<p>Wood’s firm has been bullish on the electric vehicle company but CEO Elon Musk’s opinion on Bitcoin’s energy consumption last week put Ark’s stand at crossroads with that of Tesla.</p>\n<p>Ark Funds had in March updated its price target for Tesla to $3,000 per share by 2025. Tesla shares closed 0.18% higher at $577.87 on Tuesday and were down 1.19% in after-hours.</p>\n<p>The investment firm, which has shed most of its <b>Apple Inc</b> shares, sold more of them on Tuesday, and now holds residual shares in the Cupertino, California-based company.</p>\n<p>The <b>ARK Fintech Innovation ETF</b> sold 2,500 shares, worth about $312,125, in Apple. No other Ark ETF has a position in Apple.</p>\n<p><b>Other Ark Buys On Tuesday:</b></p>\n<ul>\n <li><b>Square Inc</b></li>\n <li><b>StoneCo Ltd</b></li>\n <li><b>Signify Health Inc</b></li>\n <li><b>Recursion Pharmaceuticals Inc</b></li>\n <li><b>908 Devices Inc</b></li>\n <li><b>1life Healthcare Inc</b></li>\n <li><b>Codexis Inc</b></li>\n <li><b>Pacific Biosciences of California Inc</b></li>\n <li><b>Twilio Inc</b> </li>\n <li><b>Draftkings Inc</b></li>\n <li><b>Crispr Therapeutics AG</b></li>\n <li><b>CoinbaseGlobal Inc</b></li>\n <li><b>Beam Therapeutics Inc</b></li>\n <li><b>Niu Technologies</b></li>\n <li><b>Atlas Crest Investment Corp</b> </li>\n <li><b>Uipath Inc</b> </li>\n <li><b>Blade Air Mobility Inc</b></li>\n <li><b>KASPI.KZ JSC</b></li>\n</ul>\n<p><b>Other Ark Sells On Tuesday:</b></p>\n<ul>\n <li><b>Guidewire Software Inc</b></li>\n <li><b>Yeahka Ltd</b> </li>\n <li><b>Pluristem Therapeutics Inc</b></li>\n <li><b>Lendingtree Inc</b></li>\n <li><b>Synopsys Inc</b></li>\n <li><b>Syros Pharmaceuticals Inc</b> </li>\n <li><b>Organovo Holdings Inc</b> </li>\n <li><b>KE Holdings Inc</b> </li>\n <li><b>Novartis AG</b> </li>\n <li><b>Nintendo Co Ltd</b></li>\n <li><b>Huya Inc</b></li>\n <li><b>Workhorse Group Inc</b> </li>\n <li><b>Virgin Galactic Holdings Inc</b> </li>\n <li><b>Galileo Acquisition Corp</b> </li>\n <li><b>Autodesk Inc</b> </li>\n <li><b>HubSpot Inc</b></li>\n <li><b>Pinterest Inc</b> </li>\n <li><b>Fastly Inc</b> </li>\n <li><b>Baidu Inc</b> </li>\n <li><b>Agora Inc</b> </li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's Ark Loads Up Further On Tesla And Cuts Apple Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's Ark Loads Up Further On Tesla And Cuts Apple Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-19 16:23</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in <b>Tesla Inc</b> after a two-week gap during which shares of the electric vehicle company have retreated about 15%.</p>\n<p>The New York-based investment firm bought 47,031 shares in Tesla via the <b>Ark Innovation ETF</b> and the <b>Ark Autonomous Technology & Robotics ETF</b>.</p>\n<p>Ark last bought Tesla shares on April 29 as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter.</p>\n<p>ARKK has Tesla as its largest holding with nearly $2 billion worth of the electric vehicle maker’s stock, or about 10% of the ETF.</p>\n<p>Wood’s firm has been bullish on the electric vehicle company but CEO Elon Musk’s opinion on Bitcoin’s energy consumption last week put Ark’s stand at crossroads with that of Tesla.</p>\n<p>Ark Funds had in March updated its price target for Tesla to $3,000 per share by 2025. Tesla shares closed 0.18% higher at $577.87 on Tuesday and were down 1.19% in after-hours.</p>\n<p>The investment firm, which has shed most of its <b>Apple Inc</b> shares, sold more of them on Tuesday, and now holds residual shares in the Cupertino, California-based company.</p>\n<p>The <b>ARK Fintech Innovation ETF</b> sold 2,500 shares, worth about $312,125, in Apple. No other Ark ETF has a position in Apple.</p>\n<p><b>Other Ark Buys On Tuesday:</b></p>\n<ul>\n <li><b>Square Inc</b></li>\n <li><b>StoneCo Ltd</b></li>\n <li><b>Signify Health Inc</b></li>\n <li><b>Recursion Pharmaceuticals Inc</b></li>\n <li><b>908 Devices Inc</b></li>\n <li><b>1life Healthcare Inc</b></li>\n <li><b>Codexis Inc</b></li>\n <li><b>Pacific Biosciences of California Inc</b></li>\n <li><b>Twilio Inc</b> </li>\n <li><b>Draftkings Inc</b></li>\n <li><b>Crispr Therapeutics AG</b></li>\n <li><b>CoinbaseGlobal Inc</b></li>\n <li><b>Beam Therapeutics Inc</b></li>\n <li><b>Niu Technologies</b></li>\n <li><b>Atlas Crest Investment Corp</b> </li>\n <li><b>Uipath Inc</b> </li>\n <li><b>Blade Air Mobility Inc</b></li>\n <li><b>KASPI.KZ JSC</b></li>\n</ul>\n<p><b>Other Ark Sells On Tuesday:</b></p>\n<ul>\n <li><b>Guidewire Software Inc</b></li>\n <li><b>Yeahka Ltd</b> </li>\n <li><b>Pluristem Therapeutics Inc</b></li>\n <li><b>Lendingtree Inc</b></li>\n <li><b>Synopsys Inc</b></li>\n <li><b>Syros Pharmaceuticals Inc</b> </li>\n <li><b>Organovo Holdings Inc</b> </li>\n <li><b>KE Holdings Inc</b> </li>\n <li><b>Novartis AG</b> </li>\n <li><b>Nintendo Co Ltd</b></li>\n <li><b>Huya Inc</b></li>\n <li><b>Workhorse Group Inc</b> </li>\n <li><b>Virgin Galactic Holdings Inc</b> </li>\n <li><b>Galileo Acquisition Corp</b> </li>\n <li><b>Autodesk Inc</b> </li>\n <li><b>HubSpot Inc</b></li>\n <li><b>Pinterest Inc</b> </li>\n <li><b>Fastly Inc</b> </li>\n <li><b>Baidu Inc</b> </li>\n <li><b>Agora Inc</b> </li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKK":"ARK Innovation ETF","AAPL":"苹果","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKF":"ARK Fintech Innovation ETF","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111575736","content_text":"Cathie Wood-led Ark Investment Management on Tuesday snapped up $27.2 million worth of shares in Tesla Inc after a two-week gap during which shares of the electric vehicle company have retreated about 15%.\nThe New York-based investment firm bought 47,031 shares in Tesla via the Ark Innovation ETF and the Ark Autonomous Technology & Robotics ETF.\nArk last bought Tesla shares on April 29 as the stock dipped in the aftermath of the electric vehicle maker reporting earnings for the first quarter.\nARKK has Tesla as its largest holding with nearly $2 billion worth of the electric vehicle maker’s stock, or about 10% of the ETF.\nWood’s firm has been bullish on the electric vehicle company but CEO Elon Musk’s opinion on Bitcoin’s energy consumption last week put Ark’s stand at crossroads with that of Tesla.\nArk Funds had in March updated its price target for Tesla to $3,000 per share by 2025. Tesla shares closed 0.18% higher at $577.87 on Tuesday and were down 1.19% in after-hours.\nThe investment firm, which has shed most of its Apple Inc shares, sold more of them on Tuesday, and now holds residual shares in the Cupertino, California-based company.\nThe ARK Fintech Innovation ETF sold 2,500 shares, worth about $312,125, in Apple. No other Ark ETF has a position in Apple.\nOther Ark Buys On Tuesday:\n\nSquare Inc\nStoneCo Ltd\nSignify Health Inc\nRecursion Pharmaceuticals Inc\n908 Devices Inc\n1life Healthcare Inc\nCodexis Inc\nPacific Biosciences of California Inc\nTwilio Inc \nDraftkings Inc\nCrispr Therapeutics AG\nCoinbaseGlobal Inc\nBeam Therapeutics Inc\nNiu Technologies\nAtlas Crest Investment Corp \nUipath Inc \nBlade Air Mobility Inc\nKASPI.KZ JSC\n\nOther Ark Sells On Tuesday:\n\nGuidewire Software Inc\nYeahka Ltd \nPluristem Therapeutics Inc\nLendingtree Inc\nSynopsys Inc\nSyros Pharmaceuticals Inc \nOrganovo Holdings Inc \nKE Holdings Inc \nNovartis AG \nNintendo Co Ltd\nHuya Inc\nWorkhorse Group Inc \nVirgin Galactic Holdings Inc \nGalileo Acquisition Corp \nAutodesk Inc \nHubSpot Inc\nPinterest Inc \nFastly Inc \nBaidu Inc \nAgora Inc","news_type":1},"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
