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2021-04-15

Seems like coinbase is the hot fav now

Cathie Wood Trims Tesla Stake And Loads Up Heavily On Coinbase

2021-04-15

Wow

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2021-04-15

Seems so volatile?

Why Coinbase is a 'must-own' stock poised to hit $600: analyst

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The stockopenedWednesday afternoon at $381 and rose to an intra-day&nbsp;high of $410 before pulling back slightly.</p><p>The<b>ArkInnovation ETF</b>(NYSE:ARKK) added 512,535 shares of the cryptocurrency exchange operator,&nbsp;representing about 0.76% of the ETF.</p><p>The investment firm also bought another 89,589 Coinbase shares through the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF), representing about 0.76% of the ETF.</p><p><b>ARK Next Generation Internet ETF</b>(NYSE:ARKW) added 147,081 COIN shares, representing about 0.76% of the ETF.</p><p>Wood haslong been bullishon<b>Bitcoin</b>(BTC) and associated plays. The apex cryptocurrency is trading somewhat muted since Coinbase debut, down 0.45% at press time at $63,157. It hit an all-time high of $64,863.10 early Wednesday.</p><p>Wood’s firm, which counts Tesla as its largest holding and had recently updated thestock’s target price to $3,000, sold shares of the electric vehicle maker to rebalance its portfolio. Tesla continues to be Ark’s top holdings.</p><p>The<b>ArkInnovation ETF</b>(NYSE:ARKK) sold 185,712 shares of the Elon Musk-led company, representing about 0.55% of the ETF.&nbsp; The investment firm sold another 57,043 shares of Tesla through its ARK<b>Next Generation Internet ETF</b>(NYSE:ARKW)<b>,</b>representing about 0.59% of the ETF.</p><p>Tesla shares closed 3.95% lower at $732.23 on Wednesday.</p><p></p><p>Here are three other prominent trades by the hedge fund on Wednesday:</p><p>For&nbsp;<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF)</p><p><b>Intuit Inc</b>(NASDAQ:INTU): Sold 21,240 shares of the financial software company, representing about 0.2% of the ETF.</p><p>Intuit shares closed 1.83% lower at $411.29 on Wednesday and were up 0.57% in after-hours trading. The stock has a 52-week high of $423.74 and low of $246.42.</p><p><b>PayPal Holdings Inc</b>(NASDAQ:PYPL): Sold 73,325 shares of the online payment company, representing about 0.45% of the ETF.</p><p>PayPal shares closed 2.98% lower at $267.21 on Wednesday and were up 0.16% in the after-hours. It has a 52-week high of $309.14 and low of $106.42.</p><p>Trades For<b>ARK Next Generation Internet ETF</b>(NYSE:ARKW)</p><p><b>Atlassian Corp Plc</b>(NASDAQ:TEAM): Sold 63,251 shares of the Australian software company, representing about 0.21% of the ETF.</p><p>Atlassian shares closed 4.24% lower at $231.48 on Wednesday. It has a 52-week high of $262.40 and low of $137.55.</p><p>Other Ark Buys On Wednesday:</p><ul><li><b>Berkeley Lights Inc</b>(NASDAQ:BLI)</li><li><b>908 Devices Inc</b>(NASDAQ:MASS)</li><li><b>Beam Therapeutics Inc</b>(NASDAQ:BEAM)</li><li><b>Exact Sciences Corp</b>(NASDAQ:EXAS)</li><li><b>Unity Software Inc</b>(NYSE:U)</li><li><b>3D Systems Corp</b>(NYSE:DDD)</li><li><b>Iridium Communications Inc</b>(NASDAQ:IRDM)</li><li><b>Jaws Spitfire Acquisition Corp</b>(NYSE:SPFR)</li><li><b>DraftKings Inc</b>(NASDAQ:DKNG)</li><li><b>Reinvent Technology Partners</b>(NYSE:RTP)</li></ul><p>Other Ark Sells On Wednesday:</p><ul><li><b>Intercontinental Exchange Inc</b>(NYSE:ICE)</li><li><b>Syros Pharmaceuticals Inc</b>(NASDAQ:SYRS)</li><li><b>Pluristem Therapeutics Inc</b>(NASDAQ:PSTI)</li><li><b>Phreesia Inc</b>(NYSE:PHR)</li><li><b>Paccar Inc</b>(NASDAQ:PCAR)</li><li><b>AeroVironment Inc</b>(NASDAQ:AVAV)</li></ul><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108031204","content_text":"Cathie Wood-led Ark Investment Management on Wednesday bought 749,205 shares of Coinbase Global Inc(NASDAQ:COIN), on the day the cryptocurrency exchange made its high-flying NASDAQ debut through a direct listing.Coinbase shares closed at $328.28 in their Nasdaq debut on Wednesday, giving the company an initial market cap of $85.8 billion on a fully diluted basis. The stockopenedWednesday afternoon at $381 and rose to an intra-day high of $410 before pulling back slightly.TheArkInnovation ETF(NYSE:ARKK) added 512,535 shares of the cryptocurrency exchange operator, representing about 0.76% of the ETF.The investment firm also bought another 89,589 Coinbase shares through theArk Fintech Innovation ETF(NYSE:ARKF), representing about 0.76% of the ETF.ARK Next Generation Internet ETF(NYSE:ARKW) added 147,081 COIN shares, representing about 0.76% of the ETF.Wood haslong been bullishonBitcoin(BTC) and associated plays. The apex cryptocurrency is trading somewhat muted since Coinbase debut, down 0.45% at press time at $63,157. It hit an all-time high of $64,863.10 early Wednesday.Wood’s firm, which counts Tesla as its largest holding and had recently updated thestock’s target price to $3,000, sold shares of the electric vehicle maker to rebalance its portfolio. Tesla continues to be Ark’s top holdings.TheArkInnovation ETF(NYSE:ARKK) sold 185,712 shares of the Elon Musk-led company, representing about 0.55% of the ETF.  The investment firm sold another 57,043 shares of Tesla through its ARKNext Generation Internet ETF(NYSE:ARKW),representing about 0.59% of the ETF.Tesla shares closed 3.95% lower at $732.23 on Wednesday.Here are three other prominent trades by the hedge fund on Wednesday:For Ark Fintech Innovation ETF(NYSE:ARKF)Intuit Inc(NASDAQ:INTU): Sold 21,240 shares of the financial software company, representing about 0.2% of the ETF.Intuit shares closed 1.83% lower at $411.29 on Wednesday and were up 0.57% in after-hours trading. The stock has a 52-week high of $423.74 and low of $246.42.PayPal Holdings Inc(NASDAQ:PYPL): Sold 73,325 shares of the online payment company, representing about 0.45% of the ETF.PayPal shares closed 2.98% lower at $267.21 on Wednesday and were up 0.16% in the after-hours. It has a 52-week high of $309.14 and low of $106.42.Trades ForARK Next Generation Internet ETF(NYSE:ARKW)Atlassian Corp Plc(NASDAQ:TEAM): Sold 63,251 shares of the Australian software company, representing about 0.21% of the ETF.Atlassian shares closed 4.24% lower at $231.48 on Wednesday. It has a 52-week high of $262.40 and low of $137.55.Other Ark Buys On Wednesday:Berkeley Lights Inc(NASDAQ:BLI)908 Devices Inc(NASDAQ:MASS)Beam Therapeutics Inc(NASDAQ:BEAM)Exact Sciences Corp(NASDAQ:EXAS)Unity Software Inc(NYSE:U)3D Systems Corp(NYSE:DDD)Iridium Communications Inc(NASDAQ:IRDM)Jaws Spitfire Acquisition Corp(NYSE:SPFR)DraftKings Inc(NASDAQ:DKNG)Reinvent Technology Partners(NYSE:RTP)Other Ark Sells On Wednesday:Intercontinental Exchange Inc(NYSE:ICE)Syros Pharmaceuticals Inc(NASDAQ:SYRS)Pluristem Therapeutics Inc(NASDAQ:PSTI)Phreesia Inc(NYSE:PHR)Paccar Inc(NASDAQ:PCAR)AeroVironment Inc(NASDAQ:AVAV)","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347190554,"gmtCreate":1618472470578,"gmtModify":1704711348000,"author":{"id":"3581503715987297","authorId":"3581503715987297","name":"xinkai","avatar":"https://static.tigerbbs.com/5df3c9c1e1d3dfd3c62038f022bc6e71","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3581503715987297","authorIdStr":"3581503715987297"},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347190554","repostId":"2127037870","repostType":4,"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347977447,"gmtCreate":1618461128489,"gmtModify":1704711189166,"author":{"id":"3581503715987297","authorId":"3581503715987297","name":"xinkai","avatar":"https://static.tigerbbs.com/5df3c9c1e1d3dfd3c62038f022bc6e71","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3581503715987297","authorIdStr":"3581503715987297"},"themes":[],"htmlText":"Seems so volatile?&nbsp;","listText":"Seems so volatile?&nbsp;","text":"Seems so volatile?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347977447","repostId":"2127076082","repostType":4,"repost":{"id":"2127076082","pubTimestamp":1618457022,"share":"https://ttm.financial/m/news/2127076082?lang=&edition=fundamental","pubTime":"2021-04-15 11:23","market":"us","language":"en","title":"Why Coinbase is a 'must-own' stock poised to hit $600: analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2127076082","media":"Yahoo Finance","summary":"Crypto exchange Coinbase (COIN) set records Wednesday with the largest-ever direct listing as the co","content":"<p>Crypto exchange Coinbase (COIN) set records Wednesday with the largest-ever direct listing as the company saw its valuation nearly hit $100 billion as shares opened for trading on the Nasdaq at $381. But one analyst tells Yahoo Finance shares could still have about 60% to climb to hit $600.</p><p>MoffettNathanson analyst Lisa Ellis explained her thesis on Yahoo Finance Live shortly before Coinbase shares began trading, calling the stock a \"must-own\" for any longer term growth investor.</p><p>\"We are positive on the outlook for cryptocurrencies as a massively disruptive technology,\" she said. \"Coinbase, as the only U.S.-listed large-cap stock and the market leader in the space, is really a must-own asset if you're a growth or tech oriented [investor] with a multiyear time horizon.\"</p><p>Interestingly, Ellis explained she arrived at a $600 price target by applying a 20-times forward multiple (in-line with other tech peers) to Coinbase's projected 2023 revenues. It also bakes in a 35% decline in crypto transactions for 2022, assuming things cool off for bitcoin relative to 2021 given its historical boom-and-bust cyclicality. Almost all expectations are that Coinbase won't be able to keep up the nine-fold, year-over-year revenue growth it was able to show in its first quarter this year as bitcoin's price surged 100% to a new all-time high, but forecasting where things go from here gets particularly interesting for evaluating Coinbase's value.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/272f649ef1cb7c0b3e4e79295809fd95\" tg-width=\"5472\" tg-height=\"3648\" referrerpolicy=\"no-referrer\"><span>The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon StapletonShannon Stapleton / reuters</span></p><p>\"Six-hundred [dollars per share] I know the headline sounds super bullish, but when you read our comments this <a href=\"https://laohu8.com/S/AONE.U\">one</a> is not an easy one, it's a little bit tricky,\" Ellis said, noting Coinbase is unique from other tech stocks given its high correlation to volatile cryptocurrency prices. \"With Coinbase, because of their tie to the crypto markets, it's going to be a bumpy ride. You have to have a strong stomach, you have to be willing to kind of gut your way through what is likely to be these peaks and valleys.\"</p><p>Ellis said she arrived at a 35% drop in Coinbase's trading volumes in 2022 in her model given what happened to trading in 2018, when bitcoin's price fell 80% peak-to-trough after hitting its prior all-time high in 2017.</p><p>\"That's just a reference point, there's a lot of reasons why it might be less this time around because of the institutional holdings,\" she said, highlighting a point many advocates point to when attempting to describe why bitcoin's rise this cycle is different. \"But just again for conservatism sake we're not presuming that's going to happen we're just going to wait and see, but we think you need to go into this with eyes wide open,\" she said.</p><p><img src=\"https://static.tigerbbs.com/627c7717ff8b553f876e4aa0af0c9009\" tg-width=\"665\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p><p>To be fair, while Coinbase may be the largest and now first crypto exchange to go public, that doesn't mean it's without competition. That is one thing critics of Coinbase are quick to hit on, often stressing the way stock brokerages raced to the bottom to adopt commission trading, or the belief that Coinbase can't possibly keep charging high transaction fees on crypto purchases forever. For her part, Ellis thinks those critics are missing the point in overlooking the security Coinbase also offers.</p><p>\"Storing crypto assets is incredibly difficult — uniquely difficult — because they are literally a digital form of cash,\" she said, noting that Coinbase flexes differentiated capabilities to integrate security across multiple blockchains. \"That's not something that a traditional brokerage can wake up and do overnight.\"</p><p>Eventually, Ellis concedes that could change. But for now, Coinbase's upside seems larger than any fears around fee compression that could eventually slow the platform's revenue growth.</p><p>\"That would be a little bit like saying, 'I don't want to buy Amazon in the early days because I don't think there's that much upside in book selling.' That's kind of missing the point. Coinbase's endgame is not a retail crypto brokerage it's to really become a broad technology infrastructure player across the entire ecosystem which is a much broader vision,\" Ellis said.</p><p>Coinbase has increasingly built out its institutional side of the business, with that segment's trading volume growing each of the last three years. Other outlets have reported that Coinbase also helped companies add bitcoin to their balance sheets, including Tesla and MicroStrategy.</p><p>Coinbase shares faded in Wednesday afternoon trade to close about 14% below its debut price of $381 a share.</p>","source":"yahoofinance_sg","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>Why Coinbase is a 'must-own' stock poised to hit $600: analyst</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\">\nWhy Coinbase is a 'must-own' stock poised to hit $600: analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-coinbase-is-a-must-own-stock-poised-to-hit-600-analyst-200546982.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Crypto exchange Coinbase (COIN) set records Wednesday with the largest-ever direct listing as the company saw its valuation nearly hit $100 billion as shares opened for trading on the Nasdaq at $381. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-coinbase-is-a-must-own-stock-poised-to-hit-600-analyst-200546982.html\">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."},"source_url":"https://finance.yahoo.com/news/why-coinbase-is-a-must-own-stock-poised-to-hit-600-analyst-200546982.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127076082","content_text":"Crypto exchange Coinbase (COIN) set records Wednesday with the largest-ever direct listing as the company saw its valuation nearly hit $100 billion as shares opened for trading on the Nasdaq at $381. But one analyst tells Yahoo Finance shares could still have about 60% to climb to hit $600.MoffettNathanson analyst Lisa Ellis explained her thesis on Yahoo Finance Live shortly before Coinbase shares began trading, calling the stock a \"must-own\" for any longer term growth investor.\"We are positive on the outlook for cryptocurrencies as a massively disruptive technology,\" she said. \"Coinbase, as the only U.S.-listed large-cap stock and the market leader in the space, is really a must-own asset if you're a growth or tech oriented [investor] with a multiyear time horizon.\"Interestingly, Ellis explained she arrived at a $600 price target by applying a 20-times forward multiple (in-line with other tech peers) to Coinbase's projected 2023 revenues. It also bakes in a 35% decline in crypto transactions for 2022, assuming things cool off for bitcoin relative to 2021 given its historical boom-and-bust cyclicality. Almost all expectations are that Coinbase won't be able to keep up the nine-fold, year-over-year revenue growth it was able to show in its first quarter this year as bitcoin's price surged 100% to a new all-time high, but forecasting where things go from here gets particularly interesting for evaluating Coinbase's value.The logo for Coinbase Global Inc, the biggest U.S. cryptocurrency exchange, is displayed on the Nasdaq MarketSite jumbotron and others at Times Square in New York, U.S., April 14, 2021. REUTERS/Shannon StapletonShannon Stapleton / reuters\"Six-hundred [dollars per share] I know the headline sounds super bullish, but when you read our comments this one is not an easy one, it's a little bit tricky,\" Ellis said, noting Coinbase is unique from other tech stocks given its high correlation to volatile cryptocurrency prices. \"With Coinbase, because of their tie to the crypto markets, it's going to be a bumpy ride. You have to have a strong stomach, you have to be willing to kind of gut your way through what is likely to be these peaks and valleys.\"Ellis said she arrived at a 35% drop in Coinbase's trading volumes in 2022 in her model given what happened to trading in 2018, when bitcoin's price fell 80% peak-to-trough after hitting its prior all-time high in 2017.\"That's just a reference point, there's a lot of reasons why it might be less this time around because of the institutional holdings,\" she said, highlighting a point many advocates point to when attempting to describe why bitcoin's rise this cycle is different. \"But just again for conservatism sake we're not presuming that's going to happen we're just going to wait and see, but we think you need to go into this with eyes wide open,\" she said.To be fair, while Coinbase may be the largest and now first crypto exchange to go public, that doesn't mean it's without competition. That is one thing critics of Coinbase are quick to hit on, often stressing the way stock brokerages raced to the bottom to adopt commission trading, or the belief that Coinbase can't possibly keep charging high transaction fees on crypto purchases forever. For her part, Ellis thinks those critics are missing the point in overlooking the security Coinbase also offers.\"Storing crypto assets is incredibly difficult — uniquely difficult — because they are literally a digital form of cash,\" she said, noting that Coinbase flexes differentiated capabilities to integrate security across multiple blockchains. \"That's not something that a traditional brokerage can wake up and do overnight.\"Eventually, Ellis concedes that could change. But for now, Coinbase's upside seems larger than any fears around fee compression that could eventually slow the platform's revenue growth.\"That would be a little bit like saying, 'I don't want to buy Amazon in the early days because I don't think there's that much upside in book selling.' That's kind of missing the point. Coinbase's endgame is not a retail crypto brokerage it's to really become a broad technology infrastructure player across the entire ecosystem which is a much broader vision,\" Ellis said.Coinbase has increasingly built out its institutional side of the business, with that segment's trading volume growing each of the last three years. Other outlets have reported that Coinbase also helped companies add bitcoin to their balance sheets, including Tesla and MicroStrategy.Coinbase shares faded in Wednesday afternoon trade to close about 14% below its debut price of $381 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":347190554,"gmtCreate":1618472470578,"gmtModify":1704711348000,"author":{"id":"3581503715987297","authorId":"3581503715987297","name":"xinkai","avatar":"https://static.tigerbbs.com/5df3c9c1e1d3dfd3c62038f022bc6e71","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3581503715987297","authorIdStr":"3581503715987297"},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347190554","repostId":"2127037870","repostType":4,"repost":{"id":"2127037870","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1618471887,"share":"https://ttm.financial/m/news/2127037870?lang=&edition=fundamental","pubTime":"2021-04-15 15:31","market":"us","language":"en","title":"Cathie Wood's Ark funds bought $246 million Coinbase shares","url":"https://stock-news.laohu8.com/highlight/detail?id=2127037870","media":"Reuters","summary":"LONDON, April 15 (Reuters) - Cathie Wood's Ark funds bought $246 million worth of Coinbase shares on","content":"<p>LONDON, April 15 (Reuters) - Cathie Wood's Ark funds bought $246 million worth of Coinbase shares on the cryptocurrency exchange's Nasdaq debut on Wednesday, according to the firm's daily trade summary.</p>\n<p>A chunky $168 million Coinbase shares were added to its flagship ARK Innovation fund, the remaining went into its next generation and fintech innovation funds.</p>\n<p>The celebrity fund manager gained prominence last year among retail investors and managed to attract a steady pile of cash into her red-hot funds. The ARK Innovation fund saw assets under management rise from $1.86 billion at the end of 2019 to nearly $22 billion as of March.</p>\n<p>Coinbase shares rose 52% on its debut on Nasdaq.</p>","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 funds bought $246 million Coinbase shares</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\">\nCathie Wood's Ark funds bought $246 million Coinbase shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-15 15:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, April 15 (Reuters) - Cathie Wood's Ark funds bought $246 million worth of Coinbase shares on the cryptocurrency exchange's Nasdaq debut on Wednesday, according to the firm's daily trade summary.</p>\n<p>A chunky $168 million Coinbase shares were added to its flagship ARK Innovation fund, the remaining went into its next generation and fintech innovation funds.</p>\n<p>The celebrity fund manager gained prominence last year among retail investors and managed to attract a steady pile of cash into her red-hot funds. The ARK Innovation fund saw assets under management rise from $1.86 billion at the end of 2019 to nearly $22 billion as of March.</p>\n<p>Coinbase shares rose 52% on its debut on Nasdaq.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127037870","content_text":"LONDON, April 15 (Reuters) - Cathie Wood's Ark funds bought $246 million worth of Coinbase shares on the cryptocurrency exchange's Nasdaq debut on Wednesday, according to the firm's daily trade summary.\nA chunky $168 million Coinbase shares were added to its flagship ARK Innovation fund, the remaining went into its next generation and fintech innovation funds.\nThe celebrity fund manager gained prominence last year among retail investors and managed to attract a steady pile of cash into her red-hot funds. The ARK Innovation fund saw assets under management rise from $1.86 billion at the end of 2019 to nearly $22 billion as of March.\nCoinbase shares rose 52% on its debut on Nasdaq.","news_type":1},"isVote":1,"tweetType":1,"viewCount":133,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347977447,"gmtCreate":1618461128489,"gmtModify":1704711189166,"author":{"id":"3581503715987297","authorId":"3581503715987297","name":"xinkai","avatar":"https://static.tigerbbs.com/5df3c9c1e1d3dfd3c62038f022bc6e71","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3581503715987297","authorIdStr":"3581503715987297"},"themes":[],"htmlText":"Seems so volatile?&nbsp;","listText":"Seems so volatile?&nbsp;","text":"Seems so volatile?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347977447","repostId":"2127076082","repostType":4,"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347199747,"gmtCreate":1618472541289,"gmtModify":1704711350112,"author":{"id":"3581503715987297","authorId":"3581503715987297","name":"xinkai","avatar":"https://static.tigerbbs.com/5df3c9c1e1d3dfd3c62038f022bc6e71","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3581503715987297","authorIdStr":"3581503715987297"},"themes":[],"htmlText":"Seems like coinbase is the hot fav now","listText":"Seems like coinbase is the hot fav now","text":"Seems like coinbase is the hot fav now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/347199747","repostId":"1108031204","repostType":4,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}