Cathie Wood Goes Big On Google And Broadcom, Dumps Qualcomm Stock - Alphabet (NASDAQ:GOOG)

Alphabet Trade - Alphabet purchased 67,630 shares valued at approximately $22.4 million, based on a closing price of $331.33 [1] - The purchase follows strong fourth-quarter earnings, particularly in Google Search and Cloud segments [1] - Growth in these segments was driven by the strength of Gemini, as highlighted in the report [1] AMD Trade - ARK Next Generation Internet ETF acquired 20,189 shares of AMD, valued at approximately $3.9 million at a closing price of $192.50 [2] - This acquisition occurred amid a recent stock decline for AMD, attributed to high expectations and a one-time sales surge to China [2] - Despite record fourth-quarter revenue, AMD's forward guidance has made some investors cautious [2] Broadcom Trade - ARKQ and ARKW acquired a combined 87,148 shares of Broadcom, valued at approximately $27.06 million at a closing price of $310.51 [3] - Broadcom's stock rose due to optimism around AI infrastructure spending [3] - Increased capital expenditure outlook from Alphabet further fueled this optimism [3] Qualcomm Trade - ARKQ and ARKW sold a total of 228,943 shares of Qualcomm, valued at approximately $31.2 million based on a closing price of $136.30 [4] Other Key Trades - Google's Class C stock has a Value in the 27th percentile and a Momentum in the 93rd percentile according to Benzinga Edge Stock Rankings [5]