Cathie Wood Makes Trading Blitz: Buys Alibaba Stock Woth $11 Million, Dumps AMD And This AI Stock
On Wednesday, Cathie Wood-led Ark Invest executed significant trades involving Alibaba Group Holding Ltd (NYSE:BABA), Advanced Micro Devices Inc. (NASDAQ:AMD), and Tempus AI Inc. (NASDAQ:TEM). The Alibaba Trade ARK Innovation ETF (BATS:ARKK) fund purchased 63…