Ark Invest CEO Cathie Wood sold Robinhood Markets (Nasdaq: HOOD) shares worth $1.3 million to acquire Nvidia (Nasdaq: NVDA) ...

When Cathie Wood shells out so much cash at an AI heavyweight, she’s not just stock picking, but making a clear statement.

Cathie Wood's bold forecast that autonomous taxi networks could generate $8-10 trillion in revenue over the next 5 to 10 ...

Ark Invest bought AMD and Nvidia shares while selling Robinhood, reflecting their strategic positioning in tech and finance ...

On July 30, Ark Invest sold another $930,000 worth of Block Inc. (formerly Square), the payments company founded by Jack Dorsey that has long tied its fortunes to Bitcoin. The sale, executed through ...

This week, Cathie Wood is rising eyebrows on Wall Street with a seemingly self-contradictory review of semiconductor giant Nvidia (NVDA 2.92%).

Since NVIDIA Corp (NASDAQ:NVDA) ranks 5th on the list, it deserves a deeper look. Cathie Wood’s flagship fund is continuing to face steep losses amid a broader pullback in technology stocks.

Tech company Nvidia has come out swinging as an emerging artificial intelligence (A.I.) leader in recent days, but Ark Invest CEO Cathie Wood allegedly saw their potential back in 2014.

Nvidia currently holds the 11th position in the Ark Invest's portfolio, with a weight of 2.54%. Wood's funds still hold 29,060 shares of Nvidia, valued at approximately $22.9 million.

Wood thinks Nvidia is an "easy" AI pick for investors, but not the best one. No one can claim that Cathie Wood isn't bullish about artificial intelligence (AI).