Cathie Wood buys the dip in Nvidia-backed stock

CoreWeave Overview - CoreWeave, backed by Nvidia, has recently reduced its sales outlook, leading to a significant decline in its stock price, which has dropped over 42% in the past month [1] - Despite the downturn, Cathie Wood has increased her investment in CoreWeave, purchasing 350,734 shares for nearly $24 million as the stock fell nearly 30% in recent trading sessions [6] Cathie Wood's Investment Strategy - Cathie Wood is known for her long-term investment approach, viewing stocks as part of "tech revolutions" rather than short-term trades [3] - Through ARK Invest, she manages a concentrated portfolio focused on disruptive themes such as AI, robotics, and cryptocurrency, and she is transparent about her trading activities [4] - Wood's flagship ARK Innovation ETF has outperformed the S&P 500 significantly in 2025, with a year-to-date increase of nearly 55%-60% compared to the S&P 500's 13% [5] Recent Market Moves - In addition to CoreWeave, Wood has also re-entered Nvidia, acquiring 93,374 shares worth approximately $17 million, marking her first purchase since August [7]