ARK Invest Europe

We believe there's a better way to invest in the future. #ARKInvest

Important Information:

[ARK Invest Europe @ARKInvestEurope]

You have been following Big Ideas. Now get credit for it. ARK's Big Ideas 2026 @CFAinstitute Accredited course just launched on @IBKR (Interactive Brokers).

Start the course here: https://t.co/0gc6iifuJ3

[ARK Invest Europe @ARKInvestEurope]

We believe SpaceX is one of the most important infrastructure companies of our lifetime, and ARK has been invested in it since 2023, having followed and researched the company since 2014.

Learn more about the importance of an active approach when investing in innovation: https://t.co/6SDpIskBiZ

[Cathie Wood @CathieDWood]

The jobs report was a barnburner. Nonfarm payrolls increased by 172,000 versus expectations for 88,000, while prior months were revised higher by 93,000. Wage growth came in at roughly 0.3%.

Yet the market sold off.

In our view, the market is misreading the signal. It is assuming that stronger than expected employment and growth will cause a an acceleration in inflation. History would suggest otherwise. 

Productivity growth is running near 3%, while unit labor costs are hovering around 0.5%. Those are not the hallmarks of an inflationary boom. They are the hallmarks of healthy, productivity-driven growth that will lower inflation.

Meanwhile, the yield curve continues to flatten despite a roughly 55% increase in oil prices year-over-year based on a three month moving average. In past cycles, an energy shock of this magnitude steepened the yield curve when the Federal Reserve was accommodating it. Instead, the bond market appears to be discounting something much more powerful: the deflationary impact of technological innovation, particularly artificial intelligence, which is beginning to increase productivity across broad swaths of the economy.

If tensions with Iran ease and oil prices retreat, we believe inflation could move into negative territory before year-end.

In our view, the Fed made a historic policy error when it raised rates aggressively into what was largely a supply-driven inflation shock in 2022. We do not believe the next generation of monetary policymakers will be eager to repeat that mistake.

Notably, gold peaked on the day Kevin Warsh was appointed. The inflation trade may already be behind us.

If our research is correct, the next phase of this cycle could be characterized by accelerating growth, declining inflation, falling interest rates, and a strengthening U.S. dollar. That combination would create a remarkably supportive backdrop for innovation-led equities and the technologies driving the next productivity boom.

I discuss this framework in greater detail in this month’s episode of In The Know.

[ARK Invest @ARKInvest]

You may have heard our research on Tesla Robotaxis... @CathieDWood just rode one through Austin.

No driver. No safety monitor.

Ride along with Cathie as she shares her thoughts from the passenger seat, including a newly discovered line item for our model.

[ARK Invest Europe @ARKInvestEurope]

Read @DMaguireARK's latest thoughts on the Blue Origin explosion, launch capacity & more.

A fascinating perspective on the space industry.

[Daniel Maguire @DMaguireARK]

New Glenn's explosion will have several implications on the Space industry - read our thoughts below!

[ARK Invest Europe @ARKInvestEurope]

The upcoming SpaceX IPO has generated a huge amount of questions, ARK's Research Analyst @DMaguireARK covers the factors that really matter in this thread.

[Daniel Maguire @DMaguireARK]

The @SpaceX S-1: What really matters.

Most media coverage focuses on near-term financials, Anthropic, or Cursor.

But the real story is declining launch costs. Starship is key to unlocking SpaceX’s ~$28.5T TAM through an order-of-magnitude reduction in cost to orbit.

A 🧵…

[ARK Invest @ARKInvest]

What does SpaceX acquiring Cursor, an AI coding tool, at a $60 billion valuation tell us about the future of space technology?

More than you might think ����
Watch the latest episode of "The Brainstorm" to find out.
https://t.co/X6ZzN1JZin

[ARK Invest Europe @ARKInvestEurope]

Launch costs have fallen from $15,600 per kilogram in 2008 to under $1,000 today. That shift is what makes space a scalable industry rather than a government moonshot.

Capital at risk.

[ARK Invest Europe @ARKInvestEurope]

European Thematic ETF Flows – March 2026 https://t.co/EooGyF4R1w

[ARK Invest @ARKInvest]

What needs to happen for space-based data centers to scale? Lower launch costs and reusable systems could enable AI compute in orbit, easing terrestrial constraints and expanding infrastructure.

Watch the "Big Ideas 2026" webinar to learn more.
@ARKInvestEurope

[ARK Invest Europe @ARKInvestEurope]

Download ARK's Big Ideas Report here: https://t.co/9Dnv0yMRXJ

[ARK Invest Europe @ARKInvestEurope]

At the beginning of our European roadshow week, our founder and CIO, @CathieDWood joined @MerrynSW on Merryn Talks Money at Bloomberg's beautiful London offices to discuss ARK's Big Ideas report, AI's applications, and the implications for growth and productivity.

Watch the recording here: https://t.co/GX2pMsAu1m

[ARK Invest @ARKInvest]

Are we overbuilding AI infrastructure? Strong AI-driven productivity gains are shaping demand. We believe software spend could justify large-scale infrastructure, despite local energy constraints.

Watch the full “Big Ideas 2026” webinar.
@ARKInvestEurope

[Merryn Somerset Webb @MerrynSW]

Great chat with @CathieDWood. Tech acceleration meets tech convergence. What next? https://t.co/0h3gskUwmC

[ARK Invest Europe @ARKInvestEurope]

Are we overbuilding AI infrastructure?

Strong AI-driven productivity gains are shaping demand. We believe software spend could justify large-scale infrastructure, despite local energy constraints.

Watch the full webinar here: https://t.co/Kgk68EhDkp

[ARK Invest Europe @ARKInvestEurope]

In this week’s recap, we spotlight how the #convergence of innovation platforms is accelerating, with AI catalysing what we believe could become the largest investment cycle in modern history.

We also share a chart illustrating the rising relative importance of key technologies, showing how AI, robotics, energy storage, and blockchain are increasingly reinforcing one another in 2025.

Watch the video: https://t.co/w7qIJz6mO4

Capital at risk.

[ARK Invest Europe @ARKInvestEurope]

In a new interview with @MorningstarInc , ARK 's CEO and CIO @CathieDWood explains why she believes today’s AI cycle differs from the late 1990s, highlights embodied AI and autonomous mobility opportunities, and discusses ARK’s long term outlook.

She also outlines her where ARK sees upside across space, robotics and genomics.

Watch the full conversation: https://t.co/FbSotazp8n

[ARK Invest Europe @ARKInvestEurope]

In this week’s recap, we spotlight the February episode of In the Know, our CEO/CIO @CathieDWood explains why AI represents the most significant #opportunity of our lifetime, the shift from one-size-fits-all SaaS to agentic AI platforms, and how accelerating productivity could reshape inflation expectations.

We also share a chart comparing nominal GDP, innovation market cap, and non-innovation market cap, highlighting how innovation-driven companies are projected to outgrow both GDP and legacy sectors through 2030.

Watch the full episode: https://t.co/rYSlmK72Gr

Capital At Risk.