Cathie Wood Goes Bargain Hunting in China: 3 Stocks She Just Bought @Themotleyfool #Stocks $BABA $BIDU $PONY

Cathie Wood buys Alibaba after four years in China comeback

The stakes are worth about US$16.3 million in total. Read more at straitstimes.com.

Cathie Wood Goes Bargain Hunting in China: 3 Stocks She Just Bought @themotleyfool #stocks $BABA $BIDU $PONY

Key PointsArk Invest bought shares of Alibaba, Pony AI, and Baidu on Monday.Alibaba and Baidu are trading at forward earnings multiples in the teens. Pony AI isn't cheap given its lack of profitability and its early stage of revenue growth, but it has some unique advantages in autonomous driving.10 stocks we like better than Alibaba Group › The rallying market has iconic growth investor Cathie Wood in a buying mood. The Ark Invest founder, CEO, …

Cathie Wood's China Bet: Ark Drops $16.3 Million On Red-Hot Alibaba, Picks Up Baidu And Pony AI Stocks — Sells Oklo Shares - Alibaba Gr Hldgs (NYSE:BABA)

Ark Invest, led by Cathie Wood, made significant trades involving Alibaba, Baidu, Pony AI, and Oklo. BABA, BIDU, and PONY were bought, while OKLO was sold. Other key trades include ARCT, RBLX, and SHOP. Alibaba's stock has a momentum and growth in the top percentiles.

ARK Invest acquires Alibaba shares for first time in four years

ARK Invest's move suggests growing confidence in Chinese tech, potentially boosting investor sentiment despite geopolitical tensions. The post ARK Invest acquires Alibaba shares for first time in four years appeared first on Crypto Briefing.

Cathie Wood buys back into Alibaba as stock hits multiyear high - Cryptopolitan

Cathie Wood just jumped back into Alibaba after four years of silence, right as the stock exploded to its highest point since late 2021. On Monday, her firm Ark Investment Management bought Alibaba shares through two of its ETFs. The total value? About $16.3 million, according to Ark’s daily trading report. This isn’t some small blip. On Tuesday, Alibaba’s U.S.-traded ADRs hit levels not seen since November 2021. The stock has nearly doubled in …

Cathie Wood’s Ark Investment Returns to Alibaba for First Time in Four Years, Expands Bets on China’s AI-Driven Tech Giants - YT FINANCE

The post Cathie Wood’s Ark Investment Returns to Alibaba for First Time in Four Years, Expands Bets on China’s AI-Driven Tech Giants appeared first on YT FINANCE.