EPISODE · Apr 29, 2026 · 1 MIN
Cathie Wood Bets Big on AI, Tech Giants
from The Daily News Now! Business
Cathie Woods Ark Invest funds recently acquired shares in CoreWeave, Spotify, and Alphabet, despite temporary setbacks. CoreWeaves stock fell six percent due to OpenAIs missed targets, but Wood doubled down on her position. Spotifys shares dropped twelve percent following mixed Q1 results, yet Wood remained undeterred. Alphabets stock dipped slightly before earnings, with expectations of nineteen percent revenue growth and a potential earnings per share dip. Woods strategy appears to be betting on long-term gains for AI hyperscalers and tech giants. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6e499f9830ac22c5
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Cathie Wood Bets Big on AI, Tech Giants
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