Today: 16 June 2026
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NASDAQ:BLSH 21 November 2025

Cathie Wood’s ARK Bets Over $100 Million on Crypto Stocks and Nvidia as Bitcoin Crashes Below $85K

Cathie Wood’s ARK Bets Over $100 Million on Crypto Stocks and Nvidia as Bitcoin Crashes Below $85K

Cathie Wood’s ARK Invest spent about $80 million on crypto and AI stocks November 19–21, buying large stakes in Circle, Bullish, BitMine, Coinbase, Nvidia, and Robinhood while cutting AMD. The moves came as Bitcoin fell below $85,000, suffering its worst month since 2022. ARK bought roughly $78 million in crypto equities over two days, despite steep declines in those stocks.

Stock Market Today

  • D-Wave Quantum Stock Jumps 12.5% After Mizuho Raises Price Target on Roadmap Progress
    June 15, 2026, 7:39 PM EDT. Shares of D-Wave Quantum (NYSE:QBTS) surged 12.54% to $26.30 after Mizuho raised its price target from $29 to $35, citing progress on the company's quantum computing logical-qubit roadmap. The firm anticipates D-Wave to lead annealing quantum computing and estimates a target market between $450 billion and $850 billion by 2040. Trading volume hit 44.7 million shares, 34% above the three-month average. The move came amid a broader quantum tech rally, with peers Rigetti Computing and IonQ also posting gains. However, long-term profits remain uncertain, with potential returns likely in the 2030s, underscoring the stock's high-risk, high-reward nature. Meanwhile, the S&P 500 increased 1.67% and Nasdaq gained 3.07 on June 15.

Latest articles

Intel stock gains after BofA upgrade, foundry business in focus

Intel Gains as Chip Shares Recover

16 June 2026
Intel surged to $127.86, topping analyst targets, as chip stocks rallied on easing inflation and AI optimism, but the stock’s gains outpace consensus expectations and recent earnings remain negative; investors now await the unconfirmed July 23 earnings report for proof that demand is driving real revenue growth.
Dave & Buster’s falls after Q1 comes up short, comps slip

Dave & Buster’s falls after Q1 comes up short, comps slip

16 June 2026
Dave & Buster’s shares plunged 4.72% to $12.32, then dropped another 11.2% after hours, after Q1 revenue, adjusted profit, and comparable-store sales all missed expectations; management’s guidance for positive sales trends and free-cash-flow remains the next key catalyst as investors weigh the company’s turnaround credibility.
HUB Cyber Security Surges 42% Following Filings, Nasdaq Status Update

HUB Cyber Security Surges 42% Following Filings, Nasdaq Status Update

16 June 2026
HUB Cyber Security shares soared 42% to $1.68 with after-hours quotes at $1.86 on heavy volume, driven by momentum from recent ownership filings and a 1-for-20 reverse split, not new operating news; the next key catalyst is HUB’s overdue 2025 Form 20-F and Nasdaq compliance plan, due July 17, with delisting risk if not resolved.
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