Cathie Wood Just Cut Her Position in an AI Stock That’s Climbed 1,000% and Piled Into Shares of 2 Other AI Giants
From Yahoo Finance: 2025-05-10 14:49:00
Cathie Wood, known for bold investment moves, recently sold shares of Palantir Technologies to reallocate into other AI opportunities. Wood added more shares of AI giants Nvidia and AMD, seeing them as good value buys with strong growth potential in the AI market.
Wood’s investment strategy focuses on long-term growth, aiming to stick with companies throughout their growth stories. She sold Palantir Technologies, a top holding in her portfolio, to reallocate into other AI opportunities. Wood added shares of Nvidia and AMD, seeing them as good value buys with strong growth potential in the AI market.