Cathie Wood Bets Big On Mark Zuckerberg: Ark Pours $19M Into Meta Shares, Dumps Palantir And Tesla Stock – Yahoo Finance

Renowned investor Cathie Wood has made a significant investment in Mark Zuckerberg’s Meta platform, pouring $19 million into Meta shares through her firm Ark Invest. Wood’s move comes as Ark Invest also decided to offload its holdings in Palantir and Tesla stocks. Wood’s bet on Meta reflects her confidence in the company’s long-term growth potential, while the decision to sell off Palantir and Tesla stocks suggests a shift in Ark Invest’s investment strategy. Wood’s investment decisions are closely watched by investors and analysts alike, and her latest move has sparked interest in the tech sector.