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Cathie Wood

X Continues to Break as Fraudsters Use Deceptive Links to Scam You

Links have always been an important part of Twitter’s ecosystem. But lately, links on X are sending people to different sites than what they’re clicking. A verified account on X recently posted a link to a legitimate Forbes article that took users to a Telegram account promoting a crypto scam.Mr. Tweet Fumbles Super Bowl TweetThis example, caught by security researcher Will Dormann this week, shows a link preview to “Forbes.com.” However, when you click the link, it takes you to “Crypto with Harry,” a Telegram account…

Cathie Wood’s $44M Bet on Ark’s Bitcoin ETF; InQubeta Expected to Follow an Upward Path

Ark Invest founder Cathie Wood recently purchased $44 million worth of BTC into its spot Bitcoin exchange-traded fund, while selling shares of the ProShares Bitcoin Strategy ETF.  The move indicates Wood, like many in the cryptocurrency community, expects BTC’s prices to grow exponentially in 2024. BTC prices are currently trending upward after dropping as low as $39,000 in the past week.  While BTC price projections continue to dominate cryptocurrency conversations, InQubeta (QUBE) has earned its investors…

Elon Musk and Cathie Wood Are Almost Right About the Fed

Some of tech’s biggest losers this year, including Elon Musk and Cathie Wood, haven’t exactly been poster children of successful investing lately. But, especially as tech stocks are starting to look pretty cheap, investors might want to heed at least some of their advice.  Both Mr. Musk and Ms. Wood have publicly blamed rising interest rates for their assets’ poor performance. Ms. Wood published an open letter to the Federal…

Cathie Wood’s Ark buying Rocket Lab stock, a space SPAC

A look at the company's production floor shows a series of Electron boosters, with the typical black carbon fiber rockets in the foreground and a metallic-looking reusable booster in the center.Rocket LabCathie Wood's Ark Invest is dipping back into a space SPAC, with two of the firm's funds buying up stock in Rocket Lab the past two days.Ark's exchange-traded funds ARKQ and ARKX – which focus on autonomous technology and space exploration, respectively – bought about 729,000 shares of Rocket Lab in trades on Monday and…

SoftBank Lost $13.2 Billion on Tech Investments Amid Selloff

TOKYO— SoftBank Group Corp. 9984 10.64% , one of the world’s most aggressive high-tech investors, said Thursday it lost more money in its last fiscal year than it ever has—$13.2 billion—and will cut back its pace of new investments.“The world is in a chaotic situation,” said Chief Executive Masayoshi Son, citing Covid-19 and Russia’s invasion of Ukraine. “In this chaotic world, the approach we at SoftBank should take is defense.” The rough…