Cathie Wooden’s worst-ever yr wasn’t even over earlier than the clouds began to assemble for 2023. For the previous few weeks, Wall Road has been slashing earnings expectations for among the largest holdings of her flagship $5.8 billion ARK Innovation ETF, signaling extra ache forward. Emily Graffeo has extra.
Comply with Bloomberg for enterprise information & evaluation, up-to-the-minute market information, options, profiles and extra:
Join with us on…
Twitter:
Fb:
Instagram:
Credit score: YouTube/Bloomberg Tv