Cathie Wood Hitches A Ride On George Soros-Backed Driverless Truck Company Kodiak AI, Doubles Down On China AI Bets Alibaba And Baidu - Kodiak AI (NASDAQ:KDK)
Cathie Wood-led Ark Invest made significant trades on Thursday, focusing on major companies like Alibaba Group Holding Ltd (NYSE:BABA), Baidu Inc (NASDAQ:BIDU), Brera Holdings PLC (NASDAQ:BREA) and Kodiak AI Inc (NASDAQ:KDK). These trades reflect Ark’s strategic positioning in the tech and innovation sectors.The Alibaba TradeArk Invest’s flagship fund, ARK Innovation ETF (BATS:ARKK), acquired 14,453 shares of Alibaba on Thursday. This purchase comes as Alibaba’s stock surged past its 52-week high, closing a ...