Cathie Wood Goes Shopping: 3 Stocks She Just Bought

Core Idea - Cathie Wood, founder of Ark Invest, actively added to her portfolio by purchasing shares of Coreweave, Robinhood Markets, and Circle Internet Group, indicating a focus on companies with ties to the crypto sector [1][9] Group 1: Coreweave - Coreweave went public at $40 in March and saw its stock price peak at $187 in late June, but has since lost 60% of its value, still showing an 84% increase from its IPO price [4][5] - The company generated $1.9 billion in revenue last year and is projected to exceed $5 billion this year, with analysts forecasting revenue to double again to $12 billion by 2026 [7] - Despite significant revenue growth, Coreweave is currently unprofitable and is not expected to turn a profit until at least 2027, with a debt-heavy balance sheet [7][8] Group 2: Robinhood Markets - Robinhood Markets also experienced a doubling of revenue in its latest quarter, driven by increased crypto trading activity [9] Group 3: Circle Internet Group - The article does not provide specific details about Circle Internet Group, but it is included in the list of companies Cathie Wood invested in, suggesting a strategic interest in crypto-related businesses [1][9]