Cathie Wood drops $12 million on resurgent tech giant

TheStreetFriday, October 17, 2025 at 1:33:00 PM
Cathie Wood drops $12 million on resurgent tech giant
Cathie Wood, the founder of ARK Invest, has made headlines again by investing $12 million in a tech giant that is experiencing a resurgence. Known for her bold investment strategies, Wood has a track record of backing companies like Tesla and Coinbase at pivotal moments. This latest move not only highlights her confidence in the tech sector's recovery but also reinforces her reputation as a savvy investor who sees potential where others may not. Her decisions can influence market trends and inspire other investors to reconsider their strategies.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Tesla urges investors to ignore trillion dollar warning from influential firm
NegativeFinancial Markets
Tesla is facing pushback from the influential proxy advisor Institutional Shareholder Services, which has recommended that shareholders vote against a pay package that could potentially earn CEO Elon Musk $1 trillion. This situation highlights the ongoing tension between corporate governance and executive compensation, raising questions about the sustainability of such massive payouts. Investors are urged to consider the implications of this recommendation, as it could impact Tesla's leadership stability and future direction.
Cathie Wood's ARK ETF adjusts holdings, adds Deere stock, trims Rocket Lab
PositiveFinancial Markets
Cathie Wood's ARK ETF has made strategic adjustments to its portfolio by adding shares of Deere while trimming its holdings in Rocket Lab. This move reflects Wood's confidence in Deere's growth potential, particularly in the agricultural sector, which is crucial for food production and sustainability. Investors often look to ARK's decisions as indicators of future trends, making this adjustment noteworthy for those tracking innovative investment strategies.
US stocks to be tested by Tesla, Netflix earnings and delayed CPI report
NeutralFinancial Markets
US stocks are facing a critical week as investors await earnings reports from major companies like Tesla and Netflix, alongside a delayed Consumer Price Index (CPI) report. These earnings will provide insights into the companies' performances and could influence market trends. The delayed CPI report is particularly significant as it may affect inflation expectations and monetary policy decisions. This week is pivotal for investors looking to gauge the economic landscape.
Tesla Shareholders Urged to Reject Musk’s $1 Trillion Pay Package
NegativeFinancial Markets
Tesla shareholders are being advised to reject Elon Musk's proposed $1 trillion pay package, as recommended by proxy adviser ISS. This comes despite the fact that investors have previously approved Musk's compensation plans even amid similar objections. The situation highlights ongoing concerns about executive pay and its implications for shareholder value, making it a significant moment for Tesla's governance.
Tesla shareholders should reject Musk’s $1 trillion pay package, ISS advises
NegativeFinancial Markets
Tesla shareholders are being advised by Institutional Shareholder Services (ISS) to reject Elon Musk's proposed $1 trillion pay package for the second consecutive year. This recommendation highlights ongoing concerns about executive compensation and its alignment with company performance, raising questions about the sustainability of such high pay in relation to shareholder interests.
Tesla slams ISS recommendation against Musk’s $1 trillion pay package
NegativeFinancial Markets
Tesla has publicly criticized the International Space Station's recommendation against Elon Musk's proposed $1 trillion pay package. This controversy highlights the ongoing debate over executive compensation and its implications for shareholders. As Tesla continues to navigate its financial strategies, the outcome of this situation could significantly impact investor confidence and the company's future direction.
Proxy adviser ISS says Tesla investors should oppose $1tn Musk pay deal
NegativeFinancial Markets
Institutional Shareholder Services (ISS) has advised Tesla investors to oppose Elon Musk's proposed $1 trillion pay deal, highlighting concerns over the compensation structure. This recommendation is significant as it reflects growing scrutiny over executive pay and governance practices at major companies. Additionally, ISS is urging investors to vote against the re-election of board member Ira Ehrenpreis, suggesting a potential shift in shareholder sentiment towards accountability and transparency in corporate leadership.
Cathie Wood's ARK buys Genedx, sells Quantum-Si stock
PositiveFinancial Markets
Cathie Wood's ARK Invest has made a strategic move by purchasing shares in Genedx while selling off its holdings in Quantum-Si. This shift highlights ARK's focus on companies that are innovating in the genomics space, which is crucial for future healthcare advancements. Investors are keenly watching these changes as they reflect ARK's commitment to identifying high-growth potential in the biotech sector.
Latest from Financial Markets
Bessent, Chinese vice premier to meet to try to defuse US tariff hike
NeutralFinancial Markets
Bessent, the Chinese vice premier, is set to meet with US officials in an effort to defuse the ongoing tensions surrounding the proposed tariff hikes. This meeting is significant as it could lead to a resolution that benefits both economies, potentially easing trade relations and fostering a more stable economic environment.
Bessent to meet China’s vice-premier in bid to solve rare earths spat
PositiveFinancial Markets
Bessent's upcoming meeting with China's vice-premier is a promising step towards resolving the recent tensions in trade over rare earth minerals. This gathering signifies a potential thaw in relations, which is crucial given the importance of these materials for various industries. As both nations navigate this critical issue, the outcome could have significant implications for global supply chains and economic stability.
China Rare-Earth Product Exports Shrink as US Frictions Flare
NegativeFinancial Markets
China's rare earth product exports have declined in September, reflecting the impact of Beijing's stricter regulations on these strategic minerals. This drop not only affects global supply chains but also intensifies the ongoing tensions between China and the United States. As rare earths are crucial for various high-tech industries, this situation could lead to significant repercussions for international trade and technology sectors.
Starmer’s China Woes Mean an ‘Unwieldy Mess’ Just Got Messier
NegativeFinancial Markets
Keir Starmer's handling of China relations has led to increased complications for the UK, as the country struggles to find a clear strategy amidst contrasting approaches from the EU and the US. While the EU aims to 'de-risk' its ties with China, the US has taken a more aggressive stance with a trade war. This situation highlights the UK's muddled approach, making it harder for Starmer to navigate the complexities of international relations and trade, which could have significant implications for the UK's economy and global standing.
Sinopec diverts supertanker from US-sanctioned port, ship tracking data shows
NeutralFinancial Markets
Sinopec has redirected a supertanker away from a port that is under US sanctions, according to ship tracking data. This move highlights the ongoing complexities of international trade and the impact of sanctions on global shipping routes. It matters because it reflects how companies navigate geopolitical tensions while trying to maintain their operations and supply chains.
Leigh-Anne Is ‘Dead And Gone’ On New Single
PositiveFinancial Markets
Leigh-Anne Pinnock has just dropped her new single 'Dead and Gone,' which is part of her highly anticipated debut album 'My Ego Told Me To.' This release marks an exciting step in her solo career, showcasing her growth as an artist and her unique sound. Fans are eager to see how this single will resonate and what it means for her future projects.