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Cathie Wood Goes Big On Chinese Tech: Ark Invest Places $26 Million Bet On Alibaba And Baidu, Dumps Palantir Stock
Cathie Wood Goes Big On Chinese Tech: Ark Invest Places $26 Million Bet On Alibaba And Baidu, Dumps Palantir Stock

On Wednesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Alibaba Group Holding Ltd (NYSE:BABA) and Baidu Inc (NASDAQ:BIDU), while reducing its holdings in Palantir Technologies Inc (NASDAQ:PLTR) and Archer Aviation Inc (NYSE:ACHR).The Alibaba TradeArk Inve... Read more

Benzinga - Oct 16
Cathie Wood's ARK Invest Says Tesla Robotaxi Could Represent 90% Of TSLA's Value — Global Autonomous Taxi TAM Could Reach $10 Trillion By 2030
Cathie Wood's ARK Invest Says Tesla Robotaxi Could Represent 90% Of TSLA's Value — Global Autonomous Taxi TAM Could Reach $10 Trillion By 2030

Investor Cathie Wood's firm ARK Invest released a new research paper outlining the autonomous ride-hailing sector's growth in the U.S., as well as predicting Tesla Inc.'s (NASDAQ:TSLA) Robotaxi roadmap.Tesla's Production Advantage Over RivalsThe company's Austin factory could produce enough units... Read more

Benzinga - Aug 20