Sentiment: Positive
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Cathie Wood Makes Surprise AI Stock Moves Amid Sell-Off
By Maxwell Mutuma at 2026-11-03 05:46
Sentiment: Positive
TLDR Cathie Wood’s ARK Invest purchased 188,665 CoreWeave shares worth approximately $12.4 million during Wednesday’s AI stock sell-off. ARK reduced its Palantir exposure by selling 31,432 shares worth roughly $6.3 million without exiting its position. CoreWeave shares plunged 15.46% as rising bond yields raised fresh concerns about the company’s borrowing costs. CoreWeave’s $104 billion revenue [...] The post Cathie Wood Makes Surprise AI Stock Moves Amid Sell-Off appeared first on CoinCentral. Continue reading...
Categories: Finance
Tags: #Finance #Cathie Wood #CoreWeave Stock #Palantir
Source Coin Central