Cathie Wood Trimmed Palantir, But the Bigger Story Is Still Valuation

Cathie Wood Trimmed Palantir, But the Bigger Story Is Still Valuation

Cathie Wood's ARK trimmed its Palantir stake by about $25 million amid a broader portfolio rotation, but strong commercial growth, government contracts, and a Moderate Buy rating suggest the stock's rally may continue.

Cathie Wood Grows Robinhood Stake; Sheds More AMD, Palantir

Cathie Wood's firm ARK Invest added to its already sizable position in the trading platform Robinhood, which is back in a buy zone.

Cathie Wood's ARK Invest Exits AMD (AMD) and Palantir (PLTR), Pours $17M Into Cerebras and Archer

ARK Invest sells AMD and Palantir shares worth $16M while buying $17M in Cerebras Systems, which posted 103% revenue growth. Details on Wood's latest moves.