Cathie Wood Stocks Trending This Week
Although Cathie Wood shares have been popular following previous market gains, recent years have been less impressive. Today, the stock market attempted a recovery as some technology stocks recorded inflows due to increased confidence. crypto stocks Following recent events, a similar fate was noted for digital assets this week.
ArkInvest’s Cathie Wood shares are updated daily in line with popular demand as investors check out trending assets. Most trending assets this week remain in the red zone and bulls are expecting a recovery after the Fed leaves interest rates unchanged. While most light assets are declining, the Meta has surged over the last 24 hours. Here are this week’s trending Cathie Wood stocks.
Meta Platforms Inc (META)
The commodity recorded light inflows today along with other technology stocks. The tech giant is trading at $504, up 0.11%, adding to weekly growth. This week the asset is up over 2% as the uptrend gains momentum. Although falling short of first-quarter performance, year-to-date flows are at 45% and there are good prospects for the second quarter. Meta’s Reality Labs continues to post a quarterly loss, with an operating loss of $3.85 billion in the first three months.
Coinbase (COIN)
Shares of digital asset exchange Coinbase are trading slightly underwater today, down 1.27%. At the time of writing, the asset is trading at $244.50 and bulls are pointing to long-term gains. The weekly figures are in the green zone after recording an inflow of over 1.3%. Like Meta, COIN also experienced rapid growth this year following its upward performance in the first quarter. Better-than-expected quarterly earnings showed the outperformance of crypto assets following the approval of spot Bitcoin ETFs.
Despite the decline Bitcoin price Below $70,000, market bulls are eyeing upcoming bullish events to push the asset’s price higher. COIN remains the trending Cathie Wood stock after recent market performance.
Robinhood (HOOD)
HOOD became a trending Cathie Wood stock after the company acquired bitstamp in a $200 million deal. Robinhood is expected to benefit from crypto investors as well as a MiCA license in Europe that will guarantee ease. HOOD It is trading at $22.42 and is up 22% this month.
So read: NVIDIA Launches New Tools for Graduate Synthetic Data Generation
✓ Share:
David is a financial news writer with 4 years of experience in Blockchain Technology and Cryptocurrencies. He is interested in learning about emerging technologies and has a talent for keeping up with breaking news. Staying on top of trends, David is knowledgeable about regulations, partnerships, crypto assets, stocks, NFTs, etc. He reported in various fields such as. Away from the financial markets, David cycles and rides horses.
The content presented may contain the personal opinion of the author and is subject to market conditions. Do your market research before investing in cryptocurrencies. Neither the author nor the publication accepts any liability for your personal financial loss.
#Cathie #Wood #Stocks #Trending #Week