Cathie Wood bought NVIDIA stock while hyperscalers like Meta and Amazon increased AI infrastructure spending, amid Goldman Sachs warnings.

The entities involved

• Cathie Wood →

  American investor and businesswoman; CEO of Ark Invest

  • Cathie Wood predicts that Bitcoin's price will reach $2.4 million by 2030.Sun 04:13
  • Cathie Wood's firm, ARK, sold shares of AMD while simultaneously buying shares of Nvidia during August 2024.Fri 06:52
• Meta →

  Serbian music producer, composer, DJ and singer from Kragujevac

  • Lawsuits are underway in New Mexico after Facebook sold user data harvested from profiles used by Cambridge Analytica, a client of the 2016 Trump campaign.Sat 20:51
• Amazon →

  American multinational technology company

  • Nvidia is expanding its platform deployment across major cloud providers, including Google Cloud and Microsoft Azure.Mon 17:31
  • Arianespace, a subsidiary of ArianeGroup, launched satellites for Amazon Leo constellation, supporting ESA's access to space.Mon 17:10
• Goldman Sachs →

  American investment bank

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24

Related events

• Cathie Wood remains bullish on Tesla stock, noting signals that compare its potential to a company 1/100th the size of Nvidia. Ark Invest plowed $50 million into Tesla.Sep 7
• Nvidia earnings are being scrutinized as a potential indicator of the financial viability of hyperscalers' massive AI infrastructure investments.Jul 8
• Nvidia CEO Jensen Huang's role and commitment to purchases are driving market sentiment.Aug 27
• Cathie Wood purchased shares of Meta Platforms and increased ARKK's position, while simultaneously selling her holdings in Amazon.Sep 19
• CoreWeave, an AI neocloud operator backed by Nvidia, is seeking a listing on the NYSE.Sep 19