Cathie Wood purchased shares of Meta Platforms and increased ARKK's position, while simultaneously selling her holdings in Amazon.

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 →

  American technology company

  • The enterprise platform launch is facing market share pressure, leading to Mark Zuckerberg defending Meta's strategic direction.Mon 17:55
  • Meta is launching a new commercial wing specifically focused on AI deployment.Mon 17:55
• 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

Related events

• Investors Cathie Wood and Stanley Druckenmiller increased their stakes in Alphabet and Amazon.Aug 25
• Ark Invest, led by Cathie Wood, increased holdings in Meta, Airbnb, and Beam Therapeutics, amidst AI technology trends and market analysis from Wells Fargo.Sep 22
• Cathie Wood manages the Ark Innovation ETF, which holds both Tesla and Amazon as top stocks.Sep 5
• Cathie Wood bought NVIDIA stock while hyperscalers like Meta and Amazon increased AI infrastructure spending, amid Goldman Sachs warnings.Aug 18
• Ark Invest bought shares of Meta and sold shares of Google.Sep 10