ARK Invest invested over 70 million dollars in buying tech stocks such as Tesla during the major drop in US stocks
Bitget2025/03/11 06:43
On Monday, as U.S. stocks plummeted, Cathie Wood's Ark Investment Management invested over $70 million to buy up tech stocks such as Tesla (TSLA.O), Palantir (PLTR.N), AMD (AMD.O), TempusAI (TEM.O) and Robinhood (HOOD.O). Prior to this news, Cathie Wood posted on social media that the market is in the final stages of digesting a rolling recession and that the U.S. economy will experience deflationary prosperity in the second half of the year.
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