{"id":135481,"date":"2024-08-13T18:15:27","date_gmt":"2024-08-13T15:15:27","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=135481"},"modified":"2024-08-13T17:41:22","modified_gmt":"2024-08-13T14:41:22","slug":"ark-invest-doubles-down-on-robinhood-amid-market-dip","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/ark-invest-doubles-down-on-robinhood-amid-market-dip\/","title":{"rendered":"Ark Invest Doubles Down on Robinhood Amid Market Dip"},"content":{"rendered":"<p>This move aligns with Ark\u2019s strategy of investing in technology stocks during dips.<\/p>\n<p>The addition follows a period of decline for Robinhood\u2019s stock, which dropped more than 22% over the past month.<\/p>\n<p>Despite this, Ark Invest\u2019s recent acquisitions also include substantial investments in Coinbase and Alphabet, reflecting confidence in the tech sector\u2019s rebound.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/is-blackrock-about-to-launch-its-very-own-blockchain\/\" title=\"Is BlackRock About to Launch its Very Own Blockchain?\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/12\/blockchain-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Is BlackRock About to Launch its Very Own Blockchain?<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>Robinhood\u2019s latest quarterly report showed a remarkable 161% increase in crypto revenue, contributing to a recent 10% recovery in its stock price.<\/p>\n<p>Bank of America highlights growing retail engagement and positive operating leverage as factors driving optimism for Robinhood\u2019s stock.<\/p>\n<p>CEO Vlad Tenev has observed that, despite market volatility, investor interest remains strong, with many choosing to buy rather than sell Robinhood shares.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ark Invest, led by Cathie Wood, has significantly increased its stake in Robinhood by purchasing 45,792 shares, valued at over $800,000, during a recent market downturn.<\/p>\n","protected":false},"author":3,"featured_media":49220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-135481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is 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