Ark Invest has been adding several chip stocks to its portfolio in recent months. Advanced Micro Devices and Taiwan ...

Cathie Wood’s AI Vision: Why Her Top Stock Outshines Palantir Cathie Wood is the visionary founder of Ark Invest who became a beacon for investors seeking the next big thing in disruptive ...

For Cathie Wood's ARK funds, Palantir remains the rare success story in the S&P 500 this year, proving that selective innovation still has a place amid the index's top performers.

Cathie Wood of Ark Invest just sold over 1 million shares of Palantir. During 2023 and 2024, investing in the technology sector seemed like a no-brainer.

Palantir is a top-performing stock in both the S&P 500 and Nasdaq-100 indexes so far this year. Given its parabolic share price performance, Cathie Wood appears to be taking some gains off the table.

Cathie Wood's position in Palantir is spread across five different funds: ARK Autonomous Technology & Robotics ETF, ARK Innovation ETF, ARK Fintech Innovation ETF, ARK Next Generation Internet ETF ...

Key Points Cathie Wood has sold about 1.9 million shares of Palantir in the last two months. During the period Wood trimmed her position, the stock rose almost 90%.

One could argue Cathie Wood was largely responsible for Palantir peaking in the $20s and $30s. Now that it's back at $10 and change, close to its direct-listing price, it's worth another look.

Cathie Wood's ARK Innovation ETF and ARK Next Generation Internet ETF acquired 6.8 million shares of Palantir in the last week. The shares are worth roughly $172 million as of Thursday's closing ...