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2021-11-03

Zoom is the only good one

Cathie Wood Sells Another $94M In Tesla And Buys These Stocks Instead

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Besides ARKK, the&nbsp;Ark Autonomous Tech. &amp; Robotics ETF&nbsp;and the&nbsp;ArkNext Generation Internet ETF&nbsp;also have stakes&nbsp;in Tesla.\nEach of the three ETFs — which count Tesla as their largest exposure — has risen between 14% to 16% in the past month. Ahead of Tuesday’s trade, the three ETFs&nbsp;together held a total of 3.01 million shares — worth $3.64 billion — in the electric vehicle company.\nHere are a few other key trades for Ark on Tuesday:\n<ul>\n <li>Bought 746,860 shares — estimated to be worth $35.55 million in&nbsp;DraftKings Inc&nbsp;on the day the stock closed 2.9% lower at $47.60 a share.</li>\n <li>Sold 847,901 shares — estimated to be worth $21.97 million — in&nbsp;Palantir Technologies. Shares of the company closed 2.4% lower at $25.92 a share on Tuesday.</li>\n <li>Bought 405,757 shares — estimated to be worth $14.19 million — in&nbsp;Robinhood Markets Inc. Shares closed 0.40% higher at $34.99 a share.</li>\n <li>Bought 9,281 shares — estimated to be worth $2.6 million — in&nbsp;Zoom Video Communications Inc. Shares closed 0.48% higher at $280.29 a share.</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 Sells Another $94M In Tesla And Buys These Stocks Instead</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 Sells Another $94M In Tesla And Buys These Stocks Instead\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\">\nBenzinga \n2021-11-03 15:13\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\nPopular money manager&nbsp;Cathie Wood’s investment firm&nbsp;Ark Invest&nbsp;sold more shares in&nbsp;Tesla Inc&nbsp;on Tuesday, booking profit in the stock even as shares of the electric vehicle company fell after days of rising higher.\nArk Invest sold 80,100 shares — estimated to be worth $93.87 million — in the&nbsp;Elon Musk-led company’s stock, which&nbsp;recently broke&nbsp;into the $1 trillion&nbsp;market capitalization club.\nTesla shares, which have risen about 50% in the past month, closed 3.03% lower at $1,171.97 a share on Tuesday.\nMusk on Monday expressed surprise that the news around car rental company&nbsp;Hertz Global Holdings&nbsp;was driving the stock price surge.\nThe Tesla CEO tweeted to say he would like to “emphasize that no contract has been signed yet” between the two companies and that the “Hertz deal has zero effect” on the automaker’s economics.\nArk has been booking profit in the stock since early September when shares of the company began an upward march.\nIncluding the latest sale, the New York-based money managing firm has sold&nbsp;about $1.23 billion&nbsp;worth of shares in Tesla since the start of September.\nDespite the sell-off, Tesla remains Ark Invest's biggest bet across ETFs — a stock it predicts would hit the&nbsp;$3,000 mark by the end of 2025.\nArk Invest sold Tesla shares via the&nbsp;Ark Innovation ETF&nbsp;on Tuesday. Besides ARKK, the&nbsp;Ark Autonomous Tech. &amp; Robotics ETF&nbsp;and the&nbsp;ArkNext Generation Internet ETF&nbsp;also have stakes&nbsp;in Tesla.\nEach of the three ETFs — which count Tesla as their largest exposure — has risen between 14% to 16% in the past month. Ahead of Tuesday’s trade, the three ETFs&nbsp;together held a total of 3.01 million shares — worth $3.64 billion — in the electric vehicle company.\nHere are a few other key trades for Ark on Tuesday:\n<ul>\n <li>Bought 746,860 shares — estimated to be worth $35.55 million in&nbsp;DraftKings Inc&nbsp;on the day the stock closed 2.9% lower at $47.60 a share.</li>\n <li>Sold 847,901 shares — estimated to be worth $21.97 million — in&nbsp;Palantir Technologies. Shares of the company closed 2.4% lower at $25.92 a share on Tuesday.</li>\n <li>Bought 405,757 shares — estimated to be worth $14.19 million — in&nbsp;Robinhood Markets Inc. Shares closed 0.40% higher at $34.99 a share.</li>\n <li>Bought 9,281 shares — estimated to be worth $2.6 million — in&nbsp;Zoom Video Communications Inc. Shares closed 0.48% higher at $280.29 a share.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKQ":"ARK Autonomous Technology & Robotics ETF","PLTR":"Palantir Technologies Inc.","DKNG":"DraftKings Inc.","ARKW":"ARK Next Generation Internation ETF","ZM":"Zoom","TSLA":"特斯拉","ARKK":"ARK Innovation ETF","HOOD":"Robinhood"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144989551","content_text":"Popular money manager Cathie Wood’s investment firm Ark Invest sold more shares in Tesla Inc on Tuesday, booking profit in the stock even as shares of the electric vehicle company fell after days of rising higher.\nArk Invest sold 80,100 shares — estimated to be worth $93.87 million — in the Elon Musk-led company’s stock, which recently broke into the $1 trillion market capitalization club.\nTesla shares, which have risen about 50% in the past month, closed 3.03% lower at $1,171.97 a share on Tuesday.\nMusk on Monday expressed surprise that the news around car rental company Hertz Global Holdings was driving the stock price surge.\nThe Tesla CEO tweeted to say he would like to “emphasize that no contract has been signed yet” between the two companies and that the “Hertz deal has zero effect” on the automaker’s economics.\nArk has been booking profit in the stock since early September when shares of the company began an upward march.\nIncluding the latest sale, the New York-based money managing firm has sold about $1.23 billion worth of shares in Tesla since the start of September.\nDespite the sell-off, Tesla remains Ark Invest's biggest bet across ETFs — a stock it predicts would hit the $3,000 mark by the end of 2025.\nArk Invest sold Tesla shares via the Ark Innovation ETF on Tuesday. Besides ARKK, the Ark Autonomous Tech. & Robotics ETF and the ArkNext Generation Internet ETF also have stakes in Tesla.\nEach of the three ETFs — which count Tesla as their largest exposure — has risen between 14% to 16% in the past month. Ahead of Tuesday’s trade, the three ETFs together held a total of 3.01 million shares — worth $3.64 billion — in the electric vehicle company.\nHere are a few other key trades for Ark on Tuesday:\n\nBought 746,860 shares — estimated to be worth $35.55 million in DraftKings Inc on the day the stock closed 2.9% lower at $47.60 a share.\nSold 847,901 shares — estimated to be worth $21.97 million — in Palantir Technologies. Shares of the company closed 2.4% lower at $25.92 a share on Tuesday.\nBought 405,757 shares — estimated to be worth $14.19 million — in Robinhood Markets Inc. Shares closed 0.40% higher at $34.99 a share.\nBought 9,281 shares — estimated to be worth $2.6 million — in Zoom Video Communications Inc. Shares closed 0.48% higher at $280.29 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":822,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":["ZM","AONE.U"],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":20,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/841577218"}