Cathie Wood is betting on Alibaba's future in AI. Institutional investor confidence in China's tech sector is recovering. Alibaba's turnaround could create asymmetric upside. 10 stocks we like better ...
Ark 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 ...
Cathie Wood’s funds reopened positions in Alibaba Group Holding Ltd. for the first time in four years, just as the stock rallied to a multiyear high on optimism over the Chinese firm’s push in ...
Cathie Wood’s ARK Invest ETFs (exchange-traded funds) reported new trades on November 10. The firm trimmed its Tesla ($TSLA) ...
The Ark Invest purchase highlights the changing narrative around the Chinese tech giant. It was Ark's first Alibaba investment since 2021, when global investors fled Chinese tech stocks due to ...
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