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ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings
24/7 Wall St.140d agoneutral
ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings

ARK Space Exploration & Innovation ETF (NYSEARCA:ARKX) has rewarded patient holders lately, with shares near $33 after a 74% one-year run and a 13% year-to-date gain. That kind of move tends to bury the risk conversation. It shouldn’t. ARKX is an actively managed, non-diversified thematic equity ETF that launched in March 2021. Its mandate covers ... ARKX Faces a Concentration Crisis as SpaceX IPO Looms Over Space ETF Holdings

Tesla Stock Just Can’t Win. Its Iran Bump Faded.
Barrons.com166d agoneutral
Tesla Stock Just Can’t Win. Its Iran Bump Faded.

Tesla has benefited from higher oil prices in the past, so it seemed odd that crude was down sharply and the electric-vehicle maker’s stock was up. Oil prices helped most stocks. Hopes of an end to fighting in Iran are responsible for the oil move.