In this brief market report, we will take a look at the various asset classes, sectors, equity categories, ETFs, and stocks that moved the market higher, as well as the market segments that defied the trend by moving lower.
On Wednesday, February 12, 2025, Cathie Wood sold another $20.53 million worth of Palantir stock despite its 368% rise over 12 months. She also sold Robinhood stock despite company recording record revenue, including crypto revenue.
On Tuesday, February 11, 2025 Cathie Wood-led Ark Invest sold 28.4 million worth of Palantir shares. The hedge fund also sold Robinhood stock, but purchased shares of Shopify, AMD, TSMC and Amazon.
On Tuesday, Jan. 28, 2025 Cathie Wood-led Ark Invest sold shares of Tesla ahead of its fourth-quarter earnings. Wood purchased Amazon shares on the same day.
On Monday, Jan 27, 2025 Cathie Wood-led Ark Invest purchased shares of Nvidia-rival AMD through its ARKW fund. The transaction was valued at $4.89 million.
Ark Invest sold $14.93M in Palantir shares and purchased $8.94M in Amazon stock on Monday Jan. 6, 2025, reflecting contrasting strategies amid mixed analyst sentiments.
On Friday, Cathie Wood-led Ark Invest made significant trades involving PLTR, ARKB, and QSI. The PLTR trade sold shares worth $1.6 million, aligning with Ark's trend of reducing their position in the hot AI stock.
