From Yahoo Finance:

Cathie Wood’s Ark Invest continues to sell down its position in Nvidia and reinvest capital into other AI companies like Pinterest. Despite missing revenue estimates, Pinterest’s strategic growth plan through AI innovation and third-party advertising partnerships looks promising. The company’s reasonable valuation and position in digital ad spending growth could lead to market share gains. Pinterest faces tough competition but unique strengths, making it a potential underdog in driving social commerce and creating value for patient shareholders. Consider investing in Pinterest, a stock not on the Motley Fool’s current top 10 picks.



Read more at Yahoo Finance: Cathie Wood’s Ark Invest Is Selling Nvidia Stock and Buying This Artificial Intelligence (AI) Stock