Cathie Wood Invests $72 Million in Mega-Cap Tech Stocks, Shifting ARK Portfolio
Cathie Wood, CEO of ARK Invest, has allocated $72 million to Amazon and $92 million to X-Energy, while divesting from five long-held tech stocks. This shift reflects a strategic move from AI suppliers to platform owners and energy companies, signaling a narrowing focus on AI winners ahead of Amazon's Q1 earnings. The portfolio changes highlight a dynamic trading strategy that is publicly disclosed daily.
Topics: AI trade Amazon ARK Invest Cathie Wood portfolio rotation X-Energy