Cathie Wood Unloads This Rocket Stock, Pours $7M Into DoorDash—But Won't Stop Buying This Chinese Giant

Group 1: DoorDash Trade - Ark Invest significantly increased its stake in DoorDash by purchasing 25,581 shares, amounting to approximately $7.2 million, with the stock closing at $281.74, reflecting a 3.88% increase [2][3] - The surge in DoorDash's stock price followed the announcement of a multi-year partnership with Criteo S.A., aimed at enhancing advertising opportunities and integrating advertising technologies on DoorDash's platform [3] Group 2: Alibaba Trade - Ark Invest acquired 4,449 shares of Alibaba, valued at around $832,000 based on a closing price of $187.22, continuing its buying trend in the company [4] - Alibaba's stock has gained over 120% year-to-date, driven by its aggressive expansion into cloud computing and artificial intelligence [4] - Ark Invest had previously purchased $2.74 million worth of Alibaba shares last Thursday, following earlier acquisitions of $5.5 million and $4.1 million [5] Group 3: Brera Holdings Trade - Ark Invest reduced its stake in Brera Holdings by selling 54,400 shares, valued at approximately $1.2 million, with the stock closing at $21.91, down 11.94% [6] - Brera Holdings experienced a significant stock surge of 225% due to its Solana Treasury Strategy, but has since faced a pullback amid market volatility [6][7] - Ark has been actively selling Brera stock, with $1.1 million worth of shares sold last Thursday, following a previous acquisition of 6,500,001 shares valued at $162 million [7]