ARK Web x.0 ETF (ARKW)
ARKW Price and Sentiment
ARKW Latest news
While many shoppers view e-commerce as a mainstay of the retail industry, and it is, the truth is that it's still in the early innings. However, online retail isn't so young as to prevent new, innovative derivatives from emerging.
Macro headwinds sure made it challenging for investors to make good money out of the benchmark S&P 500 index in the third quarter. But did ones with money in Cathie Wood's Ark ETFs had it any better?
Owing to the streaming entertainment boom, the rising popularity of podcasts, and social commerce, digital advertising is rapidly evolving. No longer is digital advertising about just buying banner ads on highly trafficked web sites or buying Google keywords, and with the industry changing by the day, investors need to know their exchange traded funds are [.
Earnings proved to be a driving force on Thursday kicking markets into gear with each of the major averages posting a gain of at least 1% on the day.
Futures edged higher on Wednesday evening as earnings season is about to kick off.
Once-hot Zoom Communications (NASDAQ:ZM) is off 24.39% year-to-date with a fair amount of that weakness attributable to a late September decision to walk away from a proposed $14.7 billion all-stock takeover of Five9 (NASDAQ:FIVN). Five9 shares plunged in the wake of the offer — an unusual reaction by a targeted firm — prompting investors in that company [.
Strong demand for online gaming, shopping, video streaming and work-from-home trends are being observed due to the coronavirus crisis, which might lead to Internet remaining a major requirement in daily lives.
Digital advertising has long been the growth engine of the advertising industry, thanks in large part to Google and Facebook, though contributions from some e-commerce platforms are increasing the allure of exposure to this segment. One of way of getting that exposure is with the ARK Next Generation Internet ETF (NYSEArca: (ARKW)).
ARKW invests in high-growth internet industries.
The ARK Next Generation Internet ETF (NYSEArca: ARKW) isn't the typical internet exchange traded fund. That much is evident from it being an internet ETF with Tesla (NASDAQ:TSLA) as the largest holding.