Cathie Wood Bets Big On Chinese AI: Ark Buys Alibaba And Baidu In Back-to-Back Days, Dumps Shopify Despite Recent OpenAI Rally
On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving major companies like Alibaba Group Holding Ltd (NYSE:BABA), Shopify Inc (NASDAQ:SHOP), Baidu Inc (NASDAQ:BIDU), and Brera Holdings PLC (NASDAQ:BREA). These trades reflect Ark’s strategic positioning in the evolving tech and AI sectors.
Benzinga ·