Cathie Wood buys the dip in Nvidia-backed stock

1 week ago 11

In nary time, CoreWeave (CRWV) has go 1 of the astir talked-about names successful AI, but the going’s been unsmooth of late.

The Nvidia (NVDA)-backed unreality infrastructure concern has conscionable slashed its income outlook, sending its banal into a steep descent and spooking the broader marketplace successful the process. For perspective, the banal has plummeted implicit 42% successful the past period alone.

However, portion astir investors went for the exits, Cathie Wood did what Cathie Wood does; she doubled down connected CoreWeave stock.

ARK bought hundreds of thousands of shares arsenic the banal continues its dive, a classical “buy the dip” determination signaling that she sees thing Mr. Market is missing.

<em>Cathie Wood boosted her involvement   successful  Nvidia-backed CoreWeave arsenic  the banal  continued to slide</em>Photo by Bloomberg connected  Getty Images

Cathie Wood boosted her involvement successful Nvidia-backed CoreWeave arsenic the banal continued to slidePhoto by Bloomberg connected Getty Images

Cathie Wood remains an anomaly successful the investing sphere, arsenic she treats stocks arsenic semipermanent “tech revolutions,” alternatively of quarterly trades.

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Through ARK Invest, she’s moving a concentrated, high-conviction portfolio dispersed crossed disruptive themes, including areas similar AI, robotics, and crypto.

A large portion of wherefore investors travel her intently is for her transparency.

She publishes her trades regular and is unafraid to thin into volatility.

Perhaps her sharpest bets see backing EV pioneer Tesla in 2016, agelong earlier the institution achieved cruising altitude oregon captured capitalist zeitgeist with robotaxis and Optimus robots.

Moreover, she has leaned into Nvidia, with Ark buying shares arsenic aboriginal arsenic 2014, earlier it became an AI picks-and-shovels Goliath. She has besides embraced Bitcoin and crypto platforms arsenic a parallel fiscal system.

So acold successful 2025, her flagship ARK Innovation ETF is up astir 55%–60% year-to-date, compared to astir 13% for the S&P 500 connected a total-return basis.

In different words, Wood’s flagship money is outperforming the wide marketplace by implicit 4x this year.

Now, the ARK Invest brag is buying the dip successful CoreWeave.

She scooped up 350,734 shares, spending nearly $24 million as the banal slid astir 30% implicit the past fewer trading sessions.

Related: Cathie Wood buys $16.2 cardinal of sinking AI stock

Importantly, this isn’t her lone bold plaything successful AI.

She’s tiptoed backmost into Nvidia, adding much shares for the archetypal clip since August. She scooped up 93,374 shares of the spot elephantine ($17 million worth). Though it’s not a monolithic position, it’s a wide re-entry into the sanction that defines the AI trade.

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