Cathie Wood's ARK sells AMD stock, buys Bullish and Circle Internet

Cathie Wood's ARK Investment Management has made headlines by purchasing shares of CoreWeave, a cloud infrastructure company backed by Nvidia, amidst a significant downturn in its stock price following a revised sales outlook. This acquisition comes as CoreWeave faces challenges in the AI market, which has recently seen volatility due to investor concerns about an AI bubble.

Cathie Wood's ARK Investment Management has sold its shares in GitLab while continuing its bullish investment strategy by acquiring shares of Nvidia Corp. for the first time since August. This decision reflects a shift in focus towards companies that align with ARK's growth-oriented investment philosophy.

Cathie Wood's ARK Investment Management has purchased shares of Nvidia Corp. for the first time since August, following the company's strong Q3 earnings report. This acquisition reflects ARK's positive outlook on Nvidia's performance in the semiconductor sector, particularly in artificial intelligence.

Cathie Wood's ARK Investment Management purchased shares of Nvidia Corp. on Thursday, marking the first acquisition of the stock since August. This move follows Nvidia's impressive earnings report, reinforcing ARK's positive outlook on the semiconductor company.