Market News / Story
Cathie Wood Buys CoreWeave Stock, Trims Robinhood As Bitcoin Slides
Benzinga ·
Benzinga reports: On Wednesday, Cathie Wood-led Ark Invest purchased shares of CoreWeave Inc. while trimming its position in Robinhood Markets Inc. . The CoreWeave Trade ARK purchased 143,673 CoreWeave shares through the ARK Innovation ETF and another 70,916 shares through the ARK Next Generation Internet ETF . The combined purchase totaled 214,589 shares. CoreWeave’s $2.6 billion AI infrastructure loan could require early debt repayments if serious service failures jeopardize customer…