Cathie Wood Goes Big On Chinese Tech- Ark Invest Places $26 Million Bet On Alibaba And Baidu, Dumps Palantir Stock

Name: Cathie Wood Goes Big On Chinese Tech- Ark Invest Places $26 Million Bet On Alibaba And Baidu, Dumps Palantir Stock
Uploaded: 2025-10-16T15:00:58+00:00
Duration: 1 min 35 s
Channel: Benzinga
Description: On Wednesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Alibaba Group (NYSE:BABA) and Baidu (NASDAQ:BIDU), while reducing its holdings in Palantir Technologies (NASDAQ:PLTR) and Archer Aviation (NYSE:ACHR).

Benzinga

On Wednesday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Alibaba Group (NYSE:BABA) and Baidu (NASDAQ:BIDU), while reducing its holdings in Palantir Technologies (NASDAQ:PLTR) and Archer Aviation (NYSE:ACHR).

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