Wood signaled faith in electric vehicles and in Musk, despite the billionaire's Twitter troubles.
ARK's ETFs are buying heavily into certain contrarian bets.
Banks could have their best year in nearly three decades as higher interest rates bolster profits, analysts said.
A relaxation of Covid restrictions and support for developers have led some money managers to say the worst is over for Chinese equities.
Three Ark funds bought more than 420,000 shares in Coinbase on Tuesday.
Nvidia is down more than 50% this year as Fed tightening and recession fears have battered growth stocks.
The flagship Ark Innovation ETF is down 59% for this year amid aggressive tightening by the Federal Reserve.
This is the first time the company missed revenue estimates since the third quarter of 2021.
Ark Investment has kept buying even as its ETF's trading activity approached a standstill over the last few days.
The risk-reward for the S&P 500 Index remains unattractive, firm strategists said.
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