‘It’s Time to Buy on the Dip’: Cathie Wood Snaps Up These 2 Stocks Under $10 [Yahoo! Finance News]
Ginkgo Bioworks Holdings, Inc. (DNA)
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Source: Yahoo! Finance News
On Wednesday, the Fed bumped up interest rates again, its third 75-basis point hike since June, and signaled that there could be two more such hikes by the end of this year. The conventional wisdom has the Fed acting properly, and aggressively, in an attempt to counter inflation raging at 40-year high levels. But conventional wisdom isn’t always right – and we can learn a lot by consulting the contrarians.Few top investors are more contrarian than Cathie Wood. The founder and manager of ARK Invest has a reputation for going all-in on high-risk, high-potential sectors, with a focus on disruptive technologies. Her strategy built ARK Invest into a $60 billion giant – but some of her flagship funds have badly underperformed in recent months.Lately, Wood has made some waves by predicting a deflationary wave on the way, rather than increasing inflation. She points to falling commodity prices, and notes, “Even the oil price has dropped more than 35% from its peak, erasing most of the gain th
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DNA
Earnings
- 2/29/24 - Miss
DNA
Sec Filings
- 4/19/24 - Form 144
- 4/18/24 - Form 144
- 4/17/24 - Form 144
- DNA's page on the SEC website