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Cathie Wood Strengthens AI Chip Holdings With Nvidia And AMD Purchases, Reduces Palantir Position By Another $38.8 Million
Wednesday, May 7, 2025 - 10:18pm | 912On Wednesday, Cathie Wood‘s Ark Invest made notable trades involving Nvidia Corp. (NASDAQ:NVDA), Advanced Micro Devices Inc. (NASDAQ:AMD), Palantir Technologies Inc. (NASDAQ:PLTR), and Tempus AI Inc. (NASDAQ:TEM). These trades reflect Ark’s ongoing strategy to adjust its portfolio in...
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Cathie Wood Buys A Whopping $5.3M Stake In Robinhood — Offloads This Sports Betting Company Stock
Thursday, June 22, 2023 - 9:19pm | 420Cathie Wood-led ARK Investment Management bought a huge stake in financial services company Robinhood Markets Inc (NASDAQ:HOOD) on a day when the stock corrected over 3%. Funds operated by ARK purchased over 562,800 shares of the company at an estimated valuation of over $5.3 million based on...
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Cathie Wood's Flagship ARK ETF Marks 5-Day Winning Streak — Outperforming Nasdaq, FAANG In May
Thursday, May 11, 2023 - 8:57am | 620Cathie Wood's flagship fund Ark Innovation ETF (ARCA: ARKK) marked a five-day winning streak on Wednesday for the first time since January, as a lower-than-expected U.S. CPI cemented market expectations of a Fed rate hold in June. What To Know: Ark Innovation ETF has risen 8.4% so far...
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Fintech Focus For May 7, 2021
Thursday, May 6, 2021 - 6:32pm | 2177Quote To Start The Day: “Whatever you are, be a good one.” Source: Abraham Lincoln One Big Thing In Fintech: Metromile Inc, an insurance-focused fintech powered by data science and machine learning, announced Thursday it will allow policyholders the option to pay for insurance and...
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Fintech Focus For March 17, 2021
Tuesday, March 16, 2021 - 8:59pm | 1939Quote To Start The Day: To succeed in business you must learn the art of saying no. Source: Barbara Corcoran One Big Thing In Fintech: Owning a company’s stock drives brand loyalty and increases spending. That’s according to a Columbia Business School study that analyzed transaction-...
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Fintech Focus For March 5, 2021
Thursday, March 4, 2021 - 6:41pm | 1896Quote To Start The Day: We can do anything we want to if we stick to it long enough. Source: Helen Keller One Big Thing In Fintech: Square, a fintech company that serves both individuals and companies, announced that it has purchased a majority stake in Tidal, a music streaming service. The deal,...