Investing with Cathie Wood: Empowering Female Investors Through Innovation

$Coinbase(COIN.US)$ reported a strong quarter with a net income of $273 million, turning around from a net loss of $557 million in the previous year's quarter. Revenue climbed to $954 million from $629 million. The company's robust performance is supported by rising cryptocurrency prices, particularly Bitcoin, which neared its all-time high on Feb 26 amid positive sentiment following the SEC's approval of the Bitcoin spot ETF and anticipation of the bullish "halving" event.

$Zoom Video Communications(ZM.US)$ delivered positive quarterly results on Feb 26, with a net income of $298.8 million, recovering from a net loss of $104.1 million in the same quarter last year. Despite competition from major players like Cisco, Alphabet, and Microsoft, the videoconferencing firm has made a notable comeback by growing its enterprise customer base. Although it has moved beyond its pandemic peak, Zoom is poised for future success thanks to its efforts to address privacy issues and the ongoing trend of remote work.

$Block(SQ.US)$, holding the third-largest stake in ARKK's portfolio at approximately 7%, has enjoyed a 74% surge in its share price since last October. The stock is attractively priced, trading at less than twice its sales – a valuation not observed since 2016, suggesting that it is at a historically low level. On Feb 22, Block reported its Q4 2023 earnings, revealing a 24% jump in revenue to $5.77 billion. Even when Bitcoin-related revenue is removed, the figure remains robust at $3.25 billion, representing a 15% year-over-year increase.

Cathie Wood's ARKK holds a significant stake in $UiPath(PATH.US)$, with the AI company making up about 6% of the fund at $473.3 billion in stock value. UiPath is also included in all six of Ark Invest's active ETFs. Wood's interest in UiPath may be influenced by its leading 36% share in the robotic process automation market, outpacing competitors such as Microsoft, SAP, Salesforce, and IBM. Despite a less solid balance sheet and trading at valuation multiples down around 68% from its IPO, UiPath's market position continues to attract investment interest.