Ark Invest bought shares of Alibaba, Pony AI, and Baidu on Monday. Alibaba and Baidu are trading at forward earnings multiples in the teens. Pony AI isn't cheap given its lack of profitability and its ...
Cathie Wood is betting on Alibaba's future in AI. Institutional investor confidence in China's tech sector is recovering. Alibaba's turnaround could create asymmetric upside. 10 stocks we like better ...
Ark Fintech Innovation ETF (BATS:ARKF) and ARK Next Generation Internet ETF (BATS:ARKW) funds collectively acquired 99,090 shares of the Jack Ma-co-founded company on Monday. With Alibaba’s stock ...
Cathie Wood’s funds reopened positions in Alibaba Group Holding Ltd. for the first time in four years, just as the stock rallied to a multiyear high on optimism over the Chinese firm’s push in ...
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Cathie Wood's weekly recap: sells AMD, Shopify, builds exposure in Chinese AI, biotech & Netflix
AMD ( AMD) and Kratos ( KTOS) both saw repeated sales, shifting focus from hardware and defense tech toward software-driven ...
The rallying market has iconic growth investor Cathie Wood in a buying mood. The Ark Invest founder, CEO, and ace stock picker was making moves on the first trading day of the week. She bought only ...
Cathie Wood has built her reputation by making bold, forward-looking bets. Her latest move at Ark Invest -- buying into Alibaba (BABA +2.72%) for the first time in four years -- h ...
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