ARK Invest Unloads $31.5M in Robinhood (HOOD) Shares, Eyes Roblox (RBLX)
Recent changes to ARK’s investment portfolio demonstrate the company’s dedication to spotting and seizing new market trends.
Recent changes to ARK’s investment portfolio demonstrate the company’s dedication to spotting and seizing new market trends.
Tesla’s involvement with Bitcoin began in February 2021 when the company announced a $1.5 billion investment in the popular digital asset.
Marathon Digital’s spectacular performance aligns with the broader boom in the Bitcoin mining sector.
China remains a pivotal market for electric vehicles, with BYD’s sales accounting for a sizable portion. Tesla, despite its global presence, relies on China for around one-fifth of its sales in the quarter ending September 30th.
Marathon Digital and Riot Platforms, sensing the potential for increased demand, have made strategic moves to fortify their positions in the market.
The gains have come while traders await the conclusion of the final Fed meeting of 2023.
Bitcoin has become one of the top 10 assets in the world by market cap. This places it higher than Tesla, Visa, and Berkshire Hathaway stock.
Stock futures are mixed after the Dow Jones Industrial Average closed its best month in more than a year.
Tesla opens up bookings for its much-awaited Cybertruck with the rear-wheel drive version starting at $60,990 and a starting 250 mile range.
Following the release of the CPI report, Fed-funds futures pricing data indicated that rates are likely to remain steady at the next Federal Reserve policy meeting.