Musks new party raises investor concerns, but Ark Invest founder Cathie Wood backs him
Odaily News After Teslas stock price experienced violent fluctuations on Monday, Cathie Wood, a well-known investor and founder of Ark Invest, who has long been a staunch supporter of Musk, once again stood up to defend him. She pointed out that Musks recent renewed focus on the companys operations, especially after personally taking over sales affairs in the United States and Europe, showed that his investment in the company was deepening during a critical period. When he really focuses on something, he usually succeeds in completing the task. So I think he is much more focused now than in the past, such as when he was busy in the White House all day. (Zhitong Finance)
You may also like

Global Risks Influence Bitcoin Fluctuations: QCP Asia’s Insight
Key Takeaways Persistent macroeconomic uncertainties cause global markets to retreat into risk-off mode. Japanese bond yields surge to…

Bitcoin Movement Highlights Prominent Anonymous Transfers
Key Takeaways A significant movement involving 200.48 BTC, valued at approximately $17.6 million, was observed, transferring funds between…

Enso’s Recent Liquidation Sparks Market Volatility
Key Takeaways Enso experienced a dramatic $11.67 million in liquidations, with a significant 70.7% involving short positions, indicating…

PENGUIN Memecoin Surges 564% Following Viral White House Social Media Post
Key Takeaways The Nietzschean Penguin (PENGUIN) memecoin skyrocketed by 564% after a White House social media post went…

Could Europe Sell US Debt if a Greenland Deal Doesn’t Come Through?
Key Takeaways The geopolitical tensions involving Greenland could lead Europe to consider offloading US debt as a strategic…

Crypto’s Next Battle: Privacy Faces a Chicken-Egg Dilemma with Regulators
Key Takeaways The integration of cryptocurrencies into bank systems is fueling a privacy versus transparency conflict. Privacy-preserving tech…

Japan Considers a New Framework Allowing Crypto ETFs by 2028
Key Takeaways Japan’s regulators are contemplating changes to allow cryptocurrency exchange-traded funds (ETFs) by 2028, marking a significant…

What the Tightest Part of the LALIGA Season Teaches About Crypto Trading Under Pressure
As pressure builds late in the LALIGA season, decision quality becomes the real differentiator. The same logic applies to disciplined crypto trading under volatility.
[WEEX VIP Spot Sprint] Best VIP Traders Awards: Win a Share of $100,000 in Rewards
Discover how WEEX VIP traders participate in the VIP Spot Sprint and compete for a share of the $100,000 rewards pool. Clear rules, performance-based rankings.

Trade Finance: Unleashing Blockchain’s Most Potent Opportunity
Key Takeaways Blockchain technology has the potential to revolutionize the $9.7-trillion global trade finance market by addressing its…

Massachusetts Judge Prohibits Kalshi from Offering Sports Bets
Key Takeaways A judge in Massachusetts has prohibited the prediction markets platform, Kalshi, from facilitating sports betting within…

Crypto’s Next Challenge: Privacy and the Chicken-Egg Dilemma
Key Takeaways Privacy is becoming a central issue as cryptocurrencies move into traditional banking and state-backed systems. Regulatory…

Original Content Blocked: Importance of API Management
Key Takeaways: API management is crucial in preventing disruptions due to excessive requests. Implementing effective controls and monitoring…

VF-26 Unveiled: Zoomex and TGR Haas F1 Team Enter New Phase of Collaboration in 2026
Key Takeaways The unveiling of the VF-26 race car marks a new phase in the TGR Haas F1…

Analyzing the Impact of Cryptocurrency Regulations
Key Takeaways: Cryptocurrency regulations continue to evolve, impacting both global markets and individual investors. Rules and guidelines vary…

If I Were the Founder of Kaito, How Would InfoFi 2.0 Survive?
Key Takeaways InfoFi’s collapse highlighted the dangers of relying heavily on centralized platforms. The InfoFi project faces five…

Scaramucci Criticizes Stablecoin Yield Ban’s Impact on U.S. Dollar
Key Takeaways The CLARITY Act’s prohibition on stablecoin yields potentially weakens the U.S. dollar’s competitiveness against the digital…

Crypto Mortgages in the US: Navigating Valuation Challenges and Regulatory Uncertainties
Key Takeaways The Federal Housing Finance Agency (FHFA) mandates Fannie Mae and Freddie Mac to consider cryptocurrencies in…
Global Risks Influence Bitcoin Fluctuations: QCP Asia’s Insight
Key Takeaways Persistent macroeconomic uncertainties cause global markets to retreat into risk-off mode. Japanese bond yields surge to…
Bitcoin Movement Highlights Prominent Anonymous Transfers
Key Takeaways A significant movement involving 200.48 BTC, valued at approximately $17.6 million, was observed, transferring funds between…
Enso’s Recent Liquidation Sparks Market Volatility
Key Takeaways Enso experienced a dramatic $11.67 million in liquidations, with a significant 70.7% involving short positions, indicating…
PENGUIN Memecoin Surges 564% Following Viral White House Social Media Post
Key Takeaways The Nietzschean Penguin (PENGUIN) memecoin skyrocketed by 564% after a White House social media post went…
Could Europe Sell US Debt if a Greenland Deal Doesn’t Come Through?
Key Takeaways The geopolitical tensions involving Greenland could lead Europe to consider offloading US debt as a strategic…
Crypto’s Next Battle: Privacy Faces a Chicken-Egg Dilemma with Regulators
Key Takeaways The integration of cryptocurrencies into bank systems is fueling a privacy versus transparency conflict. Privacy-preserving tech…