Cathie Wood acquired 1.01M NVIDIA shares worth $174M. That's 1.27% of their equity portfolio (20th largest holding). The first NVIDIA trade was made in Q4 2016. Since then Cathie Wood bought shares thirteen more times and sold shares on nineteen occasions. The stake costed the investor $9.18M, netting the investor a gain of 1794% so far.
Cathie Wood is on a roll. The co-founder, CEO, and chief investment officer of Ark Invest is at her best when growth stocks are rallying, and that's the case...
Wood's funds bought around $4 million worth of Nvidia stock on Monday.
Cathie Wood's bold forecast that autonomous taxi networks could generate $8-10 trillion in revenue over the next 5 to 10 years is capturing Wall Street's ima...
This is why Daniel Newman, CEO of Futurum Group, says it may be time for a name change. Transcript: Caroline Woods: For so long the mag seven traded as one.