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Benzinga
Benzinga
Business
Shivdeep Dhaliwal

Cathie Wood's Wednesday Moves: Ark Dumps Bitcoin-Heavy Block Again, Doubles Down On AMD's AI Chip Rally (CORRECTED)

Germany,,Mannheim,January,29.,2025,,Sign,Or,Lettering,Of,Ark

Editor’s Note: The headline has been corrected from the original version to ensure accuracy and clarity

On Wednesday, Cathie Wood-led Ark Invest executed notable trades, including a significant purchase of Advanced Micro Devices Inc. (NASDAQ:AMD) shares. On the same day, Ark also sold shares of Block Inc. (NYSE:XYZ).

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