Ark Invest, led by Cathie Wood, made significant trades on Wednesday involving Robinhood Markets Inc (NASDAQ:HOOD) and Zoom Video Communications Inc (NASDAQ:ZM).
Cathie Wood of Ark Investment Management remains bullish on AI investments despite reducing Nvidia Corp (NASDAQ
) shares before their rise. Speaking at the Greenwich Economic Forum, Wood emphasized Ark's focus on emerging tech.
Cathie Wood's flagship ARK Innovation ETF has been navigating through significant losses, showcasing the challenges faced by some of its major holdings.