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2021-06-23
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Cathie Wood Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest
Nickcch
2021-06-23
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Ark also holds shares of the Jack Ma-led company via Ark Fintech Innovation ETF(NYSE:ARKF).\nThe investment firm also snapped up 95,137 shares in Alibaba rival Pinduoduo Inc(NASDAQ:PDD), estimated to be worth about $11.49 million.\nPinduoduo shares closed 3.3% lower at $120.78 on Monday.\nArk deployed ARKF to buy the shares of Pinduoduo. The investment firm also holds shares of the company via the Ark Next Generation Internet ETF(NYSE:ARKW).\nThe Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.\nThe New York-based investment firm sold 360,507 shares, estimated to be worth about $22.93 million in Snapchat parent Snap Inc(NYSE:SNAP) on the day shares of the social media company fell.\nSnap shares closed 0.7% lower at $63.60 on Monday.\nWood’s firm sold the shares in Snap via ARKF and also holds shares of the social media company via ARKW.\nThe popular investment firm sold 321,235 shares, estimated to be worth about $22.85 million, in the social media company Pinterest Inc(NYSE:PINS).\nPinterest shares closed 4% lower at $71.14 on Monday. Ark sold the shares of the social media company via ARKF, no other ETF holds shares of the company.\nSome of the other key Ark sells on Monday include NXP Semiconductors NV(NASDAQ:NXPI) and buys include Roblox Corp(NYSE:RBLX)","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123408353,"gmtCreate":1624432437972,"gmtModify":1634006201039,"author":{"id":"3576906739315034","authorId":"3576906739315034","name":"Nickcch","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3576906739315034","idStr":"3576906739315034"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123408353","repostId":"2145069164","repostType":4,"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":123402168,"gmtCreate":1624432537754,"gmtModify":1634006200249,"author":{"id":"3576906739315034","authorId":"3576906739315034","name":"Nickcch","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576906739315034","authorIdStr":"3576906739315034"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123402168","repostId":"1164616268","repostType":4,"repost":{"id":"1164616268","pubTimestamp":1624431962,"share":"https://www.laohu8.com/m/news/1164616268?lang=&edition=full","pubTime":"2021-06-23 15:06","market":"us","language":"en","title":"Cathie Wood Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=1164616268","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth ","content":"<p>Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth about $7.39 million, in<b>Alibaba Group Holding</b>(NYSE:BABA).</p>\n<p>Shares of Alibaba closed 0.46% lower at $211.06 on Monday.</p>\n<p>The New York-based investment firm deployed <b>Ark Autonomous Technology & Robotics ETF</b>(BATS:ARKQ) and <b>Ark Space Exploration & Innovation ETF</b>(BATS:ARKX) to buy the shares. Ark also holds shares of the Jack Ma-led company via <b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p>\n<p>The investment firm also snapped up 95,137 shares in Alibaba rival <b>Pinduoduo Inc</b>(NASDAQ:PDD), estimated to be worth about $11.49 million.</p>\n<p>Pinduoduo shares closed 3.3% lower at $120.78 on Monday.</p>\n<p>Ark deployed ARKF to buy the shares of Pinduoduo. The investment firm also holds shares of the company via the <b>Ark Next Generation Internet ETF</b>(NYSE:ARKW).</p>\n<p>The Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.</p>\n<p>The New York-based investment firm sold 360,507 shares, estimated to be worth about $22.93 million in Snapchat parent <b>Snap Inc</b>(NYSE:SNAP) on the day shares of the social media company fell.</p>\n<p>Snap shares closed 0.7% lower at $63.60 on Monday.</p>\n<p>Wood’s firm sold the shares in Snap via ARKF and also holds shares of the social media company via ARKW.</p>\n<p>The popular investment firm sold 321,235 shares, estimated to be worth about $22.85 million, in the social media company <b>Pinterest Inc</b>(NYSE:PINS).</p>\n<p>Pinterest shares closed 4% lower at $71.14 on Monday. Ark sold the shares of the social media company via ARKF, no other ETF holds shares of the company.</p>\n<p>Some of the other key Ark sells on Monday include <b>NXP Semiconductors NV</b>(NASDAQ:NXPI) and buys include <b>Roblox Corp</b>(NYSE:RBLX)</p>","source":"lsy1606299360108","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 Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest</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 Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:06 GMT+8 <a href=https://www.benzinga.com/trading-ideas/long-ideas/21/06/21678335/cathie-wood-piles-up-shares-in-alibaba-rival-pinduoduo-trims-snapchat-pinterest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth about $7.39 million, inAlibaba Group Holding(NYSE:BABA).\nShares of Alibaba closed 0.46% lower at $...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/06/21678335/cathie-wood-piles-up-shares-in-alibaba-rival-pinduoduo-trims-snapchat-pinterest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PDD":"拼多多","NXPI":"恩智浦","SNA":"施耐宝","BABA":"阿里巴巴","PINS":"Pinterest, Inc.","RBLX":"Roblox Corporation"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/06/21678335/cathie-wood-piles-up-shares-in-alibaba-rival-pinduoduo-trims-snapchat-pinterest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164616268","content_text":"Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth about $7.39 million, inAlibaba Group Holding(NYSE:BABA).\nShares of Alibaba closed 0.46% lower at $211.06 on Monday.\nThe New York-based investment firm deployed Ark Autonomous Technology & Robotics ETF(BATS:ARKQ) and Ark Space Exploration & Innovation ETF(BATS:ARKX) to buy the shares. Ark also holds shares of the Jack Ma-led company via Ark Fintech Innovation ETF(NYSE:ARKF).\nThe investment firm also snapped up 95,137 shares in Alibaba rival Pinduoduo Inc(NASDAQ:PDD), estimated to be worth about $11.49 million.\nPinduoduo shares closed 3.3% lower at $120.78 on Monday.\nArk deployed ARKF to buy the shares of Pinduoduo. The investment firm also holds shares of the company via the Ark Next Generation Internet ETF(NYSE:ARKW).\nThe Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.\nThe New York-based investment firm sold 360,507 shares, estimated to be worth about $22.93 million in Snapchat parent Snap Inc(NYSE:SNAP) on the day shares of the social media company fell.\nSnap shares closed 0.7% lower at $63.60 on Monday.\nWood’s firm sold the shares in Snap via ARKF and also holds shares of the social media company via ARKW.\nThe popular investment firm sold 321,235 shares, estimated to be worth about $22.85 million, in the social media company Pinterest Inc(NYSE:PINS).\nPinterest shares closed 4% lower at $71.14 on Monday. Ark sold the shares of the social media company via ARKF, no other ETF holds shares of the company.\nSome of the other key Ark sells on Monday include NXP Semiconductors NV(NASDAQ:NXPI) and buys include Roblox Corp(NYSE:RBLX)","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123408353,"gmtCreate":1624432437972,"gmtModify":1634006201039,"author":{"id":"3576906739315034","authorId":"3576906739315034","name":"Nickcch","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576906739315034","authorIdStr":"3576906739315034"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123408353","repostId":"2145069164","repostType":4,"repost":{"id":"2145069164","pubTimestamp":1624417950,"share":"https://www.laohu8.com/m/news/2145069164?lang=&edition=full","pubTime":"2021-06-23 11:12","market":"sg","language":"en","title":"Bitcoin bounces back after tumbling below US$30,000 threshold","url":"https://stock-news.laohu8.com/highlight/detail?id=2145069164","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time si","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold\">Web Link</a>\n\n</div>\n","source":"straits_highlight","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>Bitcoin bounces back after tumbling below US$30,000 threshold</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\">\nBitcoin bounces back after tumbling below US$30,000 threshold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 11:12 GMT+8 <a href=http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145069164","content_text":"NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original cryptocurrency closed out the New York trading session on Tuesday (June 22) marginally higher at around US$32,900, after falling as much as 12 per cent.\nThe wild ride continued subsequently, since Bitcoin trades around the clock, with the digital token tracking slightly lower again. It has lost more than 50 per cent from its mid-April high of almost US$65,000.\nThe coin started 2021 trading around US$29,000 following a fourfold increase last year.\nSuch trading signals \"that Bitcoin traders could find themselves in choppy waters for weeks to come\", said Mr Sean Rooney, head of research at crypto asset manager Valkyrie Investments.\nChart-watchers said Bitcoin, which failed to retake US$40,000 last week, could have a tough time finding support in the US$20,000 range following its drop below US$30,000. Still, Bitcoin had prior to Tuesday breached US$30,000 during at least five separate instances this year but recuperated to trade above that level each time.\n\"Any meaningful break below US$30,000 is going to make a lot of momentum players to throw in the towel,\" said Mr Matt Maley, chief market strategist for Miller Tabak + Co. \"Therefore, even if Bitcoin is going to change the world over the long term, it does not mean it cannot fall back into the teens over the short term.\"\nIt is a remarkable comedown for the digital asset which just weeks ago was trekking higher amid a warmer embrace from Wall Street as well as retail investors. But negative press about its energy use, brought on largely by Tesla's Elon Musk, as well as a clampdown from China have pushed it lower in recent weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
