Cathie Wood’s Ark Invest made significant trades in major tech companies, buying Amazon and Coinbase while selling off shares of Robinhood. This comes amidst recent news and events impacting these companies, including Amazon’s slowing growth, Robinhood’s investor day, and Coinbase’s response to European regulations.
Ark Invest, led by Cathie Wood, recently sold a significant portion of its Palantir Technologies stock, despite the company’s recent inclusion in the S&P 500 index and a new multi-million-dollar deal with APA Corporation. This move suggests a strategic shift in Ark Invest’s investment approach towards Palantir.
Cathie Wood’s Ark Invest made significant trades on Monday, buying shares in PayPal and Pinterest while selling its stake in the ARK 21Shares Bitcoin ETF. These moves come amidst mixed sentiments about PayPal’s future and Pinterest’s growth, while Bitcoin’s value saw a surge before experiencing a slight decline. Ark Invest also made other key trades across its various ETFs.
Cathie Wood’s Ark Invest has continued its trend of offloading shares in Robinhood Markets and Palantir Technologies, while simultaneously investing in Tempus AI. These trades highlight shifting investment strategies and the evolving market landscape.
Cathie Wood’s Ark Invest made notable trades on Thursday, focusing on tech giants like AMD, Robinhood, and Palantir. The firm’s flagship ARK Innovation ETF bought shares of AMD, reflecting its confidence in the company’s growth in data center chips and gaming GPUs. Meanwhile, Ark Fintech Innovation ETF sold shares of Robinhood following a recent settlement with California’s Department of Justice. Ark Invest also offloaded shares of Palantir, continuing its recent trend of divesting from the company.
Cathie Wood’s Ark Invest made significant trades on Tuesday, buying shares of AMD and selling shares of Palantir. The moves come amidst AMD’s focus on AI and Palantir’s recent stock surge after its inclusion in the S&P 500.
ARK Invest, known for its innovative investment strategies, is exploring a groundbreaking approach to healthcare using multiomics, artificial intelligence, and big data. This convergence has the potential to revolutionize disease diagnosis and treatment, including the possibility of diagnosing cancer at or before stage 1 and reversing or curing various diseases.
Zoom Video Communications (ZM) shares skyrocketed by nearly 13% on Thursday following strong quarterly results. However, the news came as a surprise after Cathie Wood’s Ark Invest sold its entire stake in the company. The move by Ark Invest, known for its bullish bets on disruptive technology, raises questions about their investment strategy and the future of Zoom’s stock.
Cathie Wood’s Ark Invest made significant trades on Monday, acquiring shares of Alphabet and Robinhood. The firm purchased Alphabet shares through its ARKQ and ARKX ETFs, while Robinhood shares were bought through ARKK, ARKW, and ARKF. These trades come amid Alphabet’s relatively low valuation compared to other tech giants and Robinhood’s strong Q2 earnings performance.
ARK Invest’s Tasha Keeney and former Tesla Board Member Steve Westly discuss Tesla’s earnings on ‘Closing Bell Overtime.’ They delve into the company’s financial performance, growth prospects, and the impact of macroeconomic factors on its business.
