Cathie Wood Executes Bold Tech Stock Buys Following Tariff-Driven Market Decline

The ARK Invest CEO acquired shares in Nvidia, Amazon, Coinbase, and Baidu, emphasizing long-term growth in disruptive sectors despite short-term volatility.

• Cathie Wood's ARK Invest purchased 152,000 Nvidia shares worth $15.2 million and 16,900 Amazon shares valued at $3 million on April 7.
• The acquisitions follow an 8-9% drop in Nvidia and Amazon stocks triggered by President Trump's new reciprocal tariffs announced on April 2.
• Wood also diversified ARK Invest's portfolio by buying 84,514 shares of Coinbase and 40,358 shares of Baidu, reflecting confidence in AI, e-commerce, and digital infrastructure.
• Publicly criticizing the tariff policy, Wood warned it could lead to a bear market or recession if not managed carefully.
• Nvidia and Amazon stocks rebounded slightly on April 8, signaling market adjustments after the initial sell-off.

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