"Cathie Wood's Latest Tech Investments: Meta, AI, and TSMC"
TL;DR Summary
Cathie Wood's ARK Investment Management bought shares of Meta Platforms Inc., the company behind Facebook, for the first time since 2021. The flagship ARK Innovation ETF and the Ark Next Generation Internet ETF added shares of Meta while selling some of their Tesla Inc. holdings. Tech stocks have surged this year, with the Nasdaq 100 up 35% and Meta up 125%. Cathie Wood became popular during the pandemic as her funds surged, but her suite of products, including ARKK, have suffered more recently.
- Cathie Wood Funds Buy Shares of Meta for First Time Since 2021 Yahoo Finance
- 3 Cathie Wood Stocks to Buy and Hold for 10 Years The Motley Fool
- Cathie Wood Buys Millions of Dollars Worth of a Major Tech Giant TheStreet
- Ark Invest's Cathie Wood Is Betting Big On AI With These 4 Stocks — Including One That Could Skyrocket 750% Yahoo Finance
- Cathie Wood Seeks Tech Gains in Meta, TSMC After Dumping Nvidia Bloomberg
Reading Insights
Total Reads
0
Unique Readers
1
Time Saved
2 min
vs 3 min read
Condensed
83%
482 → 83 words
Want the full story? Read the original article
Read on Yahoo Finance