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JY7D
2021-07-02
$Tiger Brokers(TIGR)$
Gogogo..
JY7D
2021-06-28
?
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JY7D
2021-07-22
$Tiger Brokers(TIGR)$
Finally see some light. Phew... ?
JY7D
2021-06-28
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JY7D
2024-02-06
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Mcdonald's Records First Sales Miss in Nearly 4 Years on Slow International Business
JY7D
2021-06-28
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Ark Fans Breathe Sighs of Relief as Cathie Wood Mounts Comeback
Go to Tiger App to see more news
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brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1707134841,"share":"https://ttm.financial/m/news/2409686483?lang=&edition=fundamental","pubTime":"2024-02-05 20:07","market":"us","language":"en","title":"Mcdonald's Records First Sales Miss in Nearly 4 Years on Slow International Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2409686483","media":"Reuters","summary":"Feb 5 (Reuters) - McDonald's reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and Ind","content":"<html><head></head><body><p>Feb 5 (Reuters) - McDonald's reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India.</p><p>However, the company's overall net profit rose 7% in the fourth quarter, thanks to higher menu pricing and a let up in raw material costs.</p><p>Comparable sales in the company's International Developmental Licensed Markets segment rose 0.7% in the quarter ended Dec. 31, widely missing estimates of a 5.5% growth, according to LSEG data. The business accounted for 10% of McDonald's overall revenue in the first nine months of 2023.</p><p>CEO Chris Kempczinski last month flagged a "meaningful business impact" in McDonald's Middle East market and some areas outside the region due to the Israel-Hamas conflict as well as "associated misinformation" about the brand.</p><p>McDonald's is among several Western brands that have seen protests and boycott campaigns against them over their perceived pro-Israeli stance. Starbucks last week cut its annual sales forecast, partly due to a hit to sales and traffic at stores in the Middle East.</p><p>Consumer spending in China, McDonald's second-largest market, has also remained weak despite government support measures. Starbucks previously said a sales recovery in China was slower than its expectations.</p><p>McDonald's Indian franchisee also reported its first revenue decline in three years.</p><p>McDonald's does not break down sales in these markets.</p><p>The company's U.S. business is also starting to show signs of weakness. Traffic at McDonald's U.S. stores slumped 13% in October, according to Placer.ai data cited by Wells Fargo. It declined 4.4% and 4.9% in November and December, respectively.</p><p>Its comparable sales in the U.S. climbed 4.3% in the fourth quarter, just shy of estimates of a 4.4% rise.</p><p>Global same-store sales increased 3.4% in the quarter, missing estimates of a 4.9% rise. That represented the slowest sales growth in about three years.</p><p>Excluding one-off items, McDonald's posted a per-share profit of $2.95. Analysts had expected a profit of $2.82 per share.</p></body></html>","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>Mcdonald's Records First Sales Miss in Nearly 4 Years on Slow International Business</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\">\nMcdonald's Records First Sales Miss in Nearly 4 Years on Slow International Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-02-05 20:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Feb 5 (Reuters) - McDonald's reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India.</p><p>However, the company's overall net profit rose 7% in the fourth quarter, thanks to higher menu pricing and a let up in raw material costs.</p><p>Comparable sales in the company's International Developmental Licensed Markets segment rose 0.7% in the quarter ended Dec. 31, widely missing estimates of a 5.5% growth, according to LSEG data. The business accounted for 10% of McDonald's overall revenue in the first nine months of 2023.</p><p>CEO Chris Kempczinski last month flagged a "meaningful business impact" in McDonald's Middle East market and some areas outside the region due to the Israel-Hamas conflict as well as "associated misinformation" about the brand.</p><p>McDonald's is among several Western brands that have seen protests and boycott campaigns against them over their perceived pro-Israeli stance. Starbucks last week cut its annual sales forecast, partly due to a hit to sales and traffic at stores in the Middle East.</p><p>Consumer spending in China, McDonald's second-largest market, has also remained weak despite government support measures. Starbucks previously said a sales recovery in China was slower than its expectations.</p><p>McDonald's Indian franchisee also reported its first revenue decline in three years.</p><p>McDonald's does not break down sales in these markets.</p><p>The company's U.S. business is also starting to show signs of weakness. Traffic at McDonald's U.S. stores slumped 13% in October, according to Placer.ai data cited by Wells Fargo. It declined 4.4% and 4.9% in November and December, respectively.</p><p>Its comparable sales in the U.S. climbed 4.3% in the fourth quarter, just shy of estimates of a 4.4% rise.</p><p>Global same-store sales increased 3.4% in the quarter, missing estimates of a 4.9% rise. That represented the slowest sales growth in about three years.</p><p>Excluding one-off items, McDonald's posted a per-share profit of $2.95. Analysts had expected a profit of $2.82 per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409686483","content_text":"Feb 5 (Reuters) - McDonald's reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India.However, the company's overall net profit rose 7% in the fourth quarter, thanks to higher menu pricing and a let up in raw material costs.Comparable sales in the company's International Developmental Licensed Markets segment rose 0.7% in the quarter ended Dec. 31, widely missing estimates of a 5.5% growth, according to LSEG data. The business accounted for 10% of McDonald's overall revenue in the first nine months of 2023.CEO Chris Kempczinski last month flagged a \"meaningful business impact\" in McDonald's Middle East market and some areas outside the region due to the Israel-Hamas conflict as well as \"associated misinformation\" about the brand.McDonald's is among several Western brands that have seen protests and boycott campaigns against them over their perceived pro-Israeli stance. Starbucks last week cut its annual sales forecast, partly due to a hit to sales and traffic at stores in the Middle East.Consumer spending in China, McDonald's second-largest market, has also remained weak despite government support measures. Starbucks previously said a sales recovery in China was slower than its expectations.McDonald's Indian franchisee also reported its first revenue decline in three years.McDonald's does not break down sales in these markets.The company's U.S. business is also starting to show signs of weakness. Traffic at McDonald's U.S. stores slumped 13% in October, according to Placer.ai data cited by Wells Fargo. It declined 4.4% and 4.9% in November and December, respectively.Its comparable sales in the U.S. climbed 4.3% in the fourth quarter, just shy of estimates of a 4.4% rise.Global same-store sales increased 3.4% in the quarter, missing estimates of a 4.9% rise. That represented the slowest sales growth in about three years.Excluding one-off items, McDonald's posted a per-share profit of $2.95. Analysts had expected a profit of $2.82 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176282196,"gmtCreate":1626888298815,"gmtModify":1703480048216,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Finally see some light. Phew... ?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Finally see some light. Phew... ?","text":"$Tiger Brokers(TIGR)$Finally see some light. Phew... ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176282196","isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152011660,"gmtCreate":1625240790050,"gmtModify":1703739312299,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Gogogo..","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Gogogo..","text":"$Tiger Brokers(TIGR)$Gogogo..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152011660","isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127525240,"gmtCreate":1624857907880,"gmtModify":1703846370464,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127525240","repostId":"2146200677","repostType":4,"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127512233,"gmtCreate":1624856119822,"gmtModify":1703846326520,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"Yes go go go","listText":"Yes go go go","text":"Yes go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127512233","repostId":"1131605721","repostType":4,"repost":{"id":"1131605721","kind":"news","pubTimestamp":1624848744,"share":"https://ttm.financial/m/news/1131605721?lang=&edition=fundamental","pubTime":"2021-06-28 10:52","market":"us","language":"en","title":"Ark Fans Breathe Sighs of Relief as Cathie Wood Mounts Comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1131605721","media":"Bloomberg","summary":"It was a rough few months, but Ark Investment Management’s Cathie Wood is back.\nInflows are picking ","content":"<p>It was a rough few months, but Ark Investment Management’s Cathie Wood is back.</p>\n<p>Inflows are picking up, the firm’s pile of assets under management is growing once again, and her flagship fund has gained 26% since its May low. Now the question is, can she keep it going?</p>\n<p>The stock picker turnedcult figure, who seemingly got every call right as the coronavirus outbreak reshaped the U.S. economy in 2020, earlier this year suffered her first major blow since emerging into the mainstream. At one point her Ark Innovation exchange-traded fund (ARKK) was down almost 40% from its peak as concerns about higher inflation hammered the high-flying tech names she famously backs.</p>\n<p>Yet over the past month and a half, Wood has managed to claw her way back. Her main fund has erased its losses for the year, a welcome milestone for her legions of loyal followers, most of whom stood by her even during the downturn. Of course, inflation jitters could return at any time, which would once again cause growth shares to fall and drag down Wood’s picks.</p>\n<p>“ARKK’s holdings are such long duration assets that the biggest risk is interest-rate expectations,” said James Pillow, a managing director at Moors & Cabot Inc. “As long as interest rates remain on the back burner, long-duration assets like tech can remain well bid.”</p>\n<p>A representative for Ark Investment Management didn’t respond to a request seeking comment.</p>\n<p><img src=\"https://static.tigerbbs.com/20985f5bd8d8bcfe8a9825b5365195e0\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK rallied for a seventh day Friday, the longest winning streak since last July. Over the span investors have plowed more than $900 million into the fund, far exceeding the roughly $250 million they withdrew in April and May, the first monthly outflows since 2019.</p>\n<p>Amid the rebound, some of her lesser known ETFs have done even better. The ARK Autonomous Technology & Robotics ETF (ARKQ) is up 12.5% year-to-date, while the ARK Fintech Innovation ETF (ARKF) has climbed 8%.</p>\n<p>“People are creating emotional ties to her,” said Mike Bailey, director of research at FBB Capital Partners. “Some of them have probably made money over the past few months, so that strengthens the ties. It would take meaningful month-after-month of underperforming results to break that.”</p>\n<p>The rebound comes even as some of Wood’s highest-profile wagers continue to underperform.</p>\n<p>Bitcoin plunged below $30,000 this week amid China’scrackdownon cryptocurrencies, andCoinbase Global Inc.-- which Wood bought for her funds in May -- is down 10% since its April listing. Her bet onDraftKings Inc.has also been a drag, tumbling almost 30% from its March high.</p>\n<p><img src=\"https://static.tigerbbs.com/6f469a129c763520bd575372d7db173c\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Still, ARKK managed to advance 5.5% last week, with top stocksTesla Inc.andRoku Inc.adding 7.8% and 17%, respectively.</p>\n<p>“A lot of ARKK’s biggest investments have been fueled by central bank liquidity,” said Matt Maley, chief market strategist for Miller Tabak + Co. “If that liquidity is going to stay plentiful, ARKK should continue to make a come-back.”</p>\n<p>That’s helped boost Ark’s total ETF assets under management back to about $47.8 billion, up from a 2021 low of $42.6 billion at the end of last month, according to data compiled by Bloomberg. In total, her firm has taken in $15.8 billion in fresh cash this year.</p>\n<p>Bets against her funds are on the decline as well, with short interest as a percentage of shares outstanding down to 2.9% for ARKK, compared to 4.6% in early May.</p>\n<p>Still, Wood might want avoid taking a victory lap.</p>\n<p>“It could be just a bit of a breather in this battle between a spike in inflation, ‘is the Fed going to hike rates,’ ‘is that going to hurt growth,’” FBB’s Bailey said. “We’ve seen a pause in that battle, and that’s given Cathie Wood and some of the hyper-growth stocks some room to run.</p>","source":"lsy1584095487587","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>Ark Fans Breathe Sighs of Relief as Cathie Wood Mounts Comeback</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\">\nArk Fans Breathe Sighs of Relief as Cathie Wood Mounts Comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 10:52 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-26/ark-fans-breathe-sighs-of-relief-as-cathie-wood-mounts-comeback><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It was a rough few months, but Ark Investment Management’s Cathie Wood is back.\nInflows are picking up, the firm’s pile of assets under management is growing once again, and her flagship fund has ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-26/ark-fans-breathe-sighs-of-relief-as-cathie-wood-mounts-comeback\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-26/ark-fans-breathe-sighs-of-relief-as-cathie-wood-mounts-comeback","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131605721","content_text":"It was a rough few months, but Ark Investment Management’s Cathie Wood is back.\nInflows are picking up, the firm’s pile of assets under management is growing once again, and her flagship fund has gained 26% since its May low. Now the question is, can she keep it going?\nThe stock picker turnedcult figure, who seemingly got every call right as the coronavirus outbreak reshaped the U.S. economy in 2020, earlier this year suffered her first major blow since emerging into the mainstream. At one point her Ark Innovation exchange-traded fund (ARKK) was down almost 40% from its peak as concerns about higher inflation hammered the high-flying tech names she famously backs.\nYet over the past month and a half, Wood has managed to claw her way back. Her main fund has erased its losses for the year, a welcome milestone for her legions of loyal followers, most of whom stood by her even during the downturn. Of course, inflation jitters could return at any time, which would once again cause growth shares to fall and drag down Wood’s picks.\n“ARKK’s holdings are such long duration assets that the biggest risk is interest-rate expectations,” said James Pillow, a managing director at Moors & Cabot Inc. “As long as interest rates remain on the back burner, long-duration assets like tech can remain well bid.”\nA representative for Ark Investment Management didn’t respond to a request seeking comment.\n\nARKK rallied for a seventh day Friday, the longest winning streak since last July. Over the span investors have plowed more than $900 million into the fund, far exceeding the roughly $250 million they withdrew in April and May, the first monthly outflows since 2019.\nAmid the rebound, some of her lesser known ETFs have done even better. The ARK Autonomous Technology & Robotics ETF (ARKQ) is up 12.5% year-to-date, while the ARK Fintech Innovation ETF (ARKF) has climbed 8%.\n“People are creating emotional ties to her,” said Mike Bailey, director of research at FBB Capital Partners. “Some of them have probably made money over the past few months, so that strengthens the ties. It would take meaningful month-after-month of underperforming results to break that.”\nThe rebound comes even as some of Wood’s highest-profile wagers continue to underperform.\nBitcoin plunged below $30,000 this week amid China’scrackdownon cryptocurrencies, andCoinbase Global Inc.-- which Wood bought for her funds in May -- is down 10% since its April listing. Her bet onDraftKings Inc.has also been a drag, tumbling almost 30% from its March high.\n\nStill, ARKK managed to advance 5.5% last week, with top stocksTesla Inc.andRoku Inc.adding 7.8% and 17%, respectively.\n“A lot of ARKK’s biggest investments have been fueled by central bank liquidity,” said Matt Maley, chief market strategist for Miller Tabak + Co. “If that liquidity is going to stay plentiful, ARKK should continue to make a come-back.”\nThat’s helped boost Ark’s total ETF assets under management back to about $47.8 billion, up from a 2021 low of $42.6 billion at the end of last month, according to data compiled by Bloomberg. In total, her firm has taken in $15.8 billion in fresh cash this year.\nBets against her funds are on the decline as well, with short interest as a percentage of shares outstanding down to 2.9% for ARKK, compared to 4.6% in early May.\nStill, Wood might want avoid taking a victory lap.\n“It could be just a bit of a breather in this battle between a spike in inflation, ‘is the Fed going to hike rates,’ ‘is that going to hurt growth,’” FBB’s Bailey said. “We’ve seen a pause in that battle, and that’s given Cathie Wood and some of the hyper-growth stocks some room to run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127511623,"gmtCreate":1624855981762,"gmtModify":1703846322410,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"[Miser] ","listText":"[Miser] ","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127511623","repostId":"2146200677","repostType":4,"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":152011660,"gmtCreate":1625240790050,"gmtModify":1703739312299,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Gogogo..","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Gogogo..","text":"$Tiger Brokers(TIGR)$Gogogo..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152011660","isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127525240,"gmtCreate":1624857907880,"gmtModify":1703846370464,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127525240","repostId":"2146200677","repostType":4,"isVote":1,"tweetType":1,"viewCount":369,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176282196,"gmtCreate":1626888298815,"gmtModify":1703480048216,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Finally see some light. Phew... ?","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Finally see some light. Phew... ?","text":"$Tiger Brokers(TIGR)$Finally see some light. Phew... ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176282196","isVote":1,"tweetType":1,"viewCount":323,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127511623,"gmtCreate":1624855981762,"gmtModify":1703846322410,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"[Miser] ","listText":"[Miser] ","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127511623","repostId":"2146200677","repostType":4,"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":270891090526368,"gmtCreate":1707173312627,"gmtModify":1707173316996,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/270891090526368","repostId":"2409686483","repostType":2,"repost":{"id":"2409686483","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1707134841,"share":"https://ttm.financial/m/news/2409686483?lang=&edition=fundamental","pubTime":"2024-02-05 20:07","market":"us","language":"en","title":"Mcdonald's Records First Sales Miss in Nearly 4 Years on Slow International Business","url":"https://stock-news.laohu8.com/highlight/detail?id=2409686483","media":"Reuters","summary":"Feb 5 (Reuters) - McDonald's reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and Ind","content":"<html><head></head><body><p>Feb 5 (Reuters) - McDonald's reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India.</p><p>However, the company's overall net profit rose 7% in the fourth quarter, thanks to higher menu pricing and a let up in raw material costs.</p><p>Comparable sales in the company's International Developmental Licensed Markets segment rose 0.7% in the quarter ended Dec. 31, widely missing estimates of a 5.5% growth, according to LSEG data. The business accounted for 10% of McDonald's overall revenue in the first nine months of 2023.</p><p>CEO Chris Kempczinski last month flagged a "meaningful business impact" in McDonald's Middle East market and some areas outside the region due to the Israel-Hamas conflict as well as "associated misinformation" about the brand.</p><p>McDonald's is among several Western brands that have seen protests and boycott campaigns against them over their perceived pro-Israeli stance. Starbucks last week cut its annual sales forecast, partly due to a hit to sales and traffic at stores in the Middle East.</p><p>Consumer spending in China, McDonald's second-largest market, has also remained weak despite government support measures. Starbucks previously said a sales recovery in China was slower than its expectations.</p><p>McDonald's Indian franchisee also reported its first revenue decline in three years.</p><p>McDonald's does not break down sales in these markets.</p><p>The company's U.S. business is also starting to show signs of weakness. Traffic at McDonald's U.S. stores slumped 13% in October, according to Placer.ai data cited by Wells Fargo. It declined 4.4% and 4.9% in November and December, respectively.</p><p>Its comparable sales in the U.S. climbed 4.3% in the fourth quarter, just shy of estimates of a 4.4% rise.</p><p>Global same-store sales increased 3.4% in the quarter, missing estimates of a 4.9% rise. That represented the slowest sales growth in about three years.</p><p>Excluding one-off items, McDonald's posted a per-share profit of $2.95. Analysts had expected a profit of $2.82 per share.</p></body></html>","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>Mcdonald's Records First Sales Miss in Nearly 4 Years on Slow International Business</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\">\nMcdonald's Records First Sales Miss in Nearly 4 Years on Slow International Business\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-02-05 20:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Feb 5 (Reuters) - McDonald's reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India.</p><p>However, the company's overall net profit rose 7% in the fourth quarter, thanks to higher menu pricing and a let up in raw material costs.</p><p>Comparable sales in the company's International Developmental Licensed Markets segment rose 0.7% in the quarter ended Dec. 31, widely missing estimates of a 5.5% growth, according to LSEG data. The business accounted for 10% of McDonald's overall revenue in the first nine months of 2023.</p><p>CEO Chris Kempczinski last month flagged a "meaningful business impact" in McDonald's Middle East market and some areas outside the region due to the Israel-Hamas conflict as well as "associated misinformation" about the brand.</p><p>McDonald's is among several Western brands that have seen protests and boycott campaigns against them over their perceived pro-Israeli stance. Starbucks last week cut its annual sales forecast, partly due to a hit to sales and traffic at stores in the Middle East.</p><p>Consumer spending in China, McDonald's second-largest market, has also remained weak despite government support measures. Starbucks previously said a sales recovery in China was slower than its expectations.</p><p>McDonald's Indian franchisee also reported its first revenue decline in three years.</p><p>McDonald's does not break down sales in these markets.</p><p>The company's U.S. business is also starting to show signs of weakness. Traffic at McDonald's U.S. stores slumped 13% in October, according to Placer.ai data cited by Wells Fargo. It declined 4.4% and 4.9% in November and December, respectively.</p><p>Its comparable sales in the U.S. climbed 4.3% in the fourth quarter, just shy of estimates of a 4.4% rise.</p><p>Global same-store sales increased 3.4% in the quarter, missing estimates of a 4.9% rise. That represented the slowest sales growth in about three years.</p><p>Excluding one-off items, McDonald's posted a per-share profit of $2.95. Analysts had expected a profit of $2.82 per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2409686483","content_text":"Feb 5 (Reuters) - McDonald's reported its first quarterly sales miss in nearly four years on Monday, squeezed by weak sales growth in its business division that includes the Middle East, China and India.However, the company's overall net profit rose 7% in the fourth quarter, thanks to higher menu pricing and a let up in raw material costs.Comparable sales in the company's International Developmental Licensed Markets segment rose 0.7% in the quarter ended Dec. 31, widely missing estimates of a 5.5% growth, according to LSEG data. The business accounted for 10% of McDonald's overall revenue in the first nine months of 2023.CEO Chris Kempczinski last month flagged a \"meaningful business impact\" in McDonald's Middle East market and some areas outside the region due to the Israel-Hamas conflict as well as \"associated misinformation\" about the brand.McDonald's is among several Western brands that have seen protests and boycott campaigns against them over their perceived pro-Israeli stance. Starbucks last week cut its annual sales forecast, partly due to a hit to sales and traffic at stores in the Middle East.Consumer spending in China, McDonald's second-largest market, has also remained weak despite government support measures. Starbucks previously said a sales recovery in China was slower than its expectations.McDonald's Indian franchisee also reported its first revenue decline in three years.McDonald's does not break down sales in these markets.The company's U.S. business is also starting to show signs of weakness. Traffic at McDonald's U.S. stores slumped 13% in October, according to Placer.ai data cited by Wells Fargo. It declined 4.4% and 4.9% in November and December, respectively.Its comparable sales in the U.S. climbed 4.3% in the fourth quarter, just shy of estimates of a 4.4% rise.Global same-store sales increased 3.4% in the quarter, missing estimates of a 4.9% rise. That represented the slowest sales growth in about three years.Excluding one-off items, McDonald's posted a per-share profit of $2.95. Analysts had expected a profit of $2.82 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127512233,"gmtCreate":1624856119822,"gmtModify":1703846326520,"author":{"id":"3571809902755121","authorId":"3571809902755121","name":"JY7D","avatar":"https://community-static.tradeup.com/news/f663eb687aa9fd22ad85917fac35007e","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571809902755121","authorIdStr":"3571809902755121"},"themes":[],"htmlText":"Yes go go go","listText":"Yes go go go","text":"Yes go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127512233","repostId":"1131605721","repostType":4,"repost":{"id":"1131605721","kind":"news","pubTimestamp":1624848744,"share":"https://ttm.financial/m/news/1131605721?lang=&edition=fundamental","pubTime":"2021-06-28 10:52","market":"us","language":"en","title":"Ark Fans Breathe Sighs of Relief as Cathie Wood Mounts Comeback","url":"https://stock-news.laohu8.com/highlight/detail?id=1131605721","media":"Bloomberg","summary":"It was a rough few months, but Ark Investment Management’s Cathie Wood is back.\nInflows are picking ","content":"<p>It was a rough few months, but Ark Investment Management’s Cathie Wood is back.</p>\n<p>Inflows are picking up, the firm’s pile of assets under management is growing once again, and her flagship fund has gained 26% since its May low. Now the question is, can she keep it going?</p>\n<p>The stock picker turnedcult figure, who seemingly got every call right as the coronavirus outbreak reshaped the U.S. economy in 2020, earlier this year suffered her first major blow since emerging into the mainstream. At one point her Ark Innovation exchange-traded fund (ARKK) was down almost 40% from its peak as concerns about higher inflation hammered the high-flying tech names she famously backs.</p>\n<p>Yet over the past month and a half, Wood has managed to claw her way back. Her main fund has erased its losses for the year, a welcome milestone for her legions of loyal followers, most of whom stood by her even during the downturn. Of course, inflation jitters could return at any time, which would once again cause growth shares to fall and drag down Wood’s picks.</p>\n<p>“ARKK’s holdings are such long duration assets that the biggest risk is interest-rate expectations,” said James Pillow, a managing director at Moors & Cabot Inc. “As long as interest rates remain on the back burner, long-duration assets like tech can remain well bid.”</p>\n<p>A representative for Ark Investment Management didn’t respond to a request seeking comment.</p>\n<p><img src=\"https://static.tigerbbs.com/20985f5bd8d8bcfe8a9825b5365195e0\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>ARKK rallied for a seventh day Friday, the longest winning streak since last July. Over the span investors have plowed more than $900 million into the fund, far exceeding the roughly $250 million they withdrew in April and May, the first monthly outflows since 2019.</p>\n<p>Amid the rebound, some of her lesser known ETFs have done even better. The ARK Autonomous Technology & Robotics ETF (ARKQ) is up 12.5% year-to-date, while the ARK Fintech Innovation ETF (ARKF) has climbed 8%.</p>\n<p>“People are creating emotional ties to her,” said Mike Bailey, director of research at FBB Capital Partners. “Some of them have probably made money over the past few months, so that strengthens the ties. It would take meaningful month-after-month of underperforming results to break that.”</p>\n<p>The rebound comes even as some of Wood’s highest-profile wagers continue to underperform.</p>\n<p>Bitcoin plunged below $30,000 this week amid China’scrackdownon cryptocurrencies, andCoinbase Global Inc.-- which Wood bought for her funds in May -- is down 10% since its April listing. Her bet onDraftKings Inc.has also been a drag, tumbling almost 30% from its March high.</p>\n<p><img src=\"https://static.tigerbbs.com/6f469a129c763520bd575372d7db173c\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Still, ARKK managed to advance 5.5% last week, with top stocksTesla Inc.andRoku Inc.adding 7.8% and 17%, respectively.</p>\n<p>“A lot of ARKK’s biggest investments have been fueled by central bank liquidity,” said Matt Maley, chief market strategist for Miller Tabak + Co. “If that liquidity is going to stay plentiful, ARKK should continue to make a come-back.”</p>\n<p>That’s helped boost Ark’s total ETF assets under management back to about $47.8 billion, up from a 2021 low of $42.6 billion at the end of last month, according to data compiled by Bloomberg. In total, her firm has taken in $15.8 billion in fresh cash this year.</p>\n<p>Bets against her funds are on the decline as well, with short interest as a percentage of shares outstanding down to 2.9% for ARKK, compared to 4.6% in early May.</p>\n<p>Still, Wood might want avoid taking a victory lap.</p>\n<p>“It could be just a bit of a breather in this battle between a spike in inflation, ‘is the Fed going to hike rates,’ ‘is that going to hurt growth,’” FBB’s Bailey said. “We’ve seen a pause in that battle, and that’s given Cathie Wood and some of the hyper-growth stocks some room to run.</p>","source":"lsy1584095487587","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>Ark Fans Breathe Sighs of Relief as Cathie Wood Mounts Comeback</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\">\nArk Fans Breathe Sighs of Relief as Cathie Wood Mounts Comeback\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 10:52 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-06-26/ark-fans-breathe-sighs-of-relief-as-cathie-wood-mounts-comeback><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It was a rough few months, but Ark Investment Management’s Cathie Wood is back.\nInflows are picking up, the firm’s pile of assets under management is growing once again, and her flagship fund has ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-26/ark-fans-breathe-sighs-of-relief-as-cathie-wood-mounts-comeback\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-26/ark-fans-breathe-sighs-of-relief-as-cathie-wood-mounts-comeback","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131605721","content_text":"It was a rough few months, but Ark Investment Management’s Cathie Wood is back.\nInflows are picking up, the firm’s pile of assets under management is growing once again, and her flagship fund has gained 26% since its May low. Now the question is, can she keep it going?\nThe stock picker turnedcult figure, who seemingly got every call right as the coronavirus outbreak reshaped the U.S. economy in 2020, earlier this year suffered her first major blow since emerging into the mainstream. At one point her Ark Innovation exchange-traded fund (ARKK) was down almost 40% from its peak as concerns about higher inflation hammered the high-flying tech names she famously backs.\nYet over the past month and a half, Wood has managed to claw her way back. Her main fund has erased its losses for the year, a welcome milestone for her legions of loyal followers, most of whom stood by her even during the downturn. Of course, inflation jitters could return at any time, which would once again cause growth shares to fall and drag down Wood’s picks.\n“ARKK’s holdings are such long duration assets that the biggest risk is interest-rate expectations,” said James Pillow, a managing director at Moors & Cabot Inc. “As long as interest rates remain on the back burner, long-duration assets like tech can remain well bid.”\nA representative for Ark Investment Management didn’t respond to a request seeking comment.\n\nARKK rallied for a seventh day Friday, the longest winning streak since last July. Over the span investors have plowed more than $900 million into the fund, far exceeding the roughly $250 million they withdrew in April and May, the first monthly outflows since 2019.\nAmid the rebound, some of her lesser known ETFs have done even better. The ARK Autonomous Technology & Robotics ETF (ARKQ) is up 12.5% year-to-date, while the ARK Fintech Innovation ETF (ARKF) has climbed 8%.\n“People are creating emotional ties to her,” said Mike Bailey, director of research at FBB Capital Partners. “Some of them have probably made money over the past few months, so that strengthens the ties. It would take meaningful month-after-month of underperforming results to break that.”\nThe rebound comes even as some of Wood’s highest-profile wagers continue to underperform.\nBitcoin plunged below $30,000 this week amid China’scrackdownon cryptocurrencies, andCoinbase Global Inc.-- which Wood bought for her funds in May -- is down 10% since its April listing. Her bet onDraftKings Inc.has also been a drag, tumbling almost 30% from its March high.\n\nStill, ARKK managed to advance 5.5% last week, with top stocksTesla Inc.andRoku Inc.adding 7.8% and 17%, respectively.\n“A lot of ARKK’s biggest investments have been fueled by central bank liquidity,” said Matt Maley, chief market strategist for Miller Tabak + Co. “If that liquidity is going to stay plentiful, ARKK should continue to make a come-back.”\nThat’s helped boost Ark’s total ETF assets under management back to about $47.8 billion, up from a 2021 low of $42.6 billion at the end of last month, according to data compiled by Bloomberg. In total, her firm has taken in $15.8 billion in fresh cash this year.\nBets against her funds are on the decline as well, with short interest as a percentage of shares outstanding down to 2.9% for ARKK, compared to 4.6% in early May.\nStill, Wood might want avoid taking a victory lap.\n“It could be just a bit of a breather in this battle between a spike in inflation, ‘is the Fed going to hike rates,’ ‘is that going to hurt growth,’” FBB’s Bailey said. “We’ve seen a pause in that battle, and that’s given Cathie Wood and some of the hyper-growth stocks some room to run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":335,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}