Cathie Wood-Led Ark Invest Cuts Robinhood Holdings Amid Bitcoin Dip, Keeps Selling Moderna Stock — Buys Palantir And AMD Shares – Markets Insider

Cathie Wood-led Ark Invest has made some strategic moves in its investment portfolio recently. Amid a dip in Bitcoin, the firm has decided to cut its holdings in Robinhood. Additionally, Ark Invest has been selling off its Moderna stock. On the other hand, the firm has been buying shares of Palantir and AMD. These decisions reflect Ark Invest’s efforts to adapt to market conditions and optimize its investment strategy.