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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Ark Invest's Cathie Wood Bumps Stake in Mag 7 Stocks; Adds Pony AI, Alibaba to Portfolio in Q3

Cathie Wood Ark Invest Mag 7 Pony AI Alibaba Pony United States Michael Burry Nvidia Ray Dalio
Wood's Ark Invest also scooped up shares of China AI companies in Q3. (Credit: LinkedIn)

Ark Invest's Cathie Wood doubled down on the artificial intelligence boom, purchasing shares of multiple Magnificent 7 and Chinese AI stocks in Q3 despite Wall Street concerns over an AI bubble, as megacap tech valuations remain stretched.

Contrarian Bets in Disruptive Technology

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