Cathie Wood’s ARK Invest acquires 157,731 more Alibaba shares

Crypto BriefingWednesday, November 12, 2025 at 2:20:17 AM
Cathie Wood’s ARK Invest acquires 157,731 more Alibaba shares
ARK Invest, led by Cathie Wood, has acquired an additional 157,731 shares of Alibaba, reflecting a strong belief in the recovery of China's tech sector and the significance of AI innovation. This move underscores the growing confidence in Alibaba's potential amidst a shifting market landscape. The acquisition, announced on November 12, 2025, highlights ARK Invest's strategic focus on companies that are poised for growth in the technology space, particularly in artificial intelligence.
— via World Pulse Now AI Editorial System

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