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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood Dumps $30 Million Worth Of Tesla Stock Amid China Sales Slump, Loads Up Circle And This Hot Chinese AI Stock

Cathie Wood Bets Big On Jack Dorsey's Bitcoin-Heavy Block, Adds Amazon And Alibaba — Sells Shopify, Surging Palantir

On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving Circle Internet Group Inc. (NYSE:CRCL), Alibaba Group Holding Ltd. (NYSE:BABA), and Tesla Inc. (NASDAQ:TSLA). These trades reflect Ark’s strategic positioning in the market, with notable buys in Circle and Alibaba, and a sell-off in Tesla.

The TSLA Trade: 

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