Cathie Wood Buys Millions in Tech Stocks Amid Market Sell-Off
Cathie Wood, CEO of Ark Investment Management, purchased millions in megacap tech stocks (Tesla, Coinbase, CoreWeave) during a 2026 market sell-off, doubling down on her strategy of buying beaten-down innovation stocks. Despite her optimism about AI-driven deflation and falling interest rates, her flagship Ark Innovation ETF (ARKK) has underperformed the S&P 500 year-to-date, wiped out $7 billion in investor wealth (2014-2024), and seen over $1 billion in net outflows, reflecting widespread investor skepticism.
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Cathie Wood Buys $22.8 Million of Surging Tech Stock CoreWeave
Cathie Wood, CEO of Ark Investment Management, purchased $22.8 million worth of CoreWeave stock on July 9, 2026, according to Ark's daily trade information. The purchase comes as CoreWeave shares surged 14.8% over the past five days. Wood's flagship Ark Innovation ETF (ARKK) is up 3.05% year-to-date, underperforming the S&P 500's 10.66% gain. Wood argues that the bond market is reflecting the deflationary impact of AI and technological innovation, which she believes will create a supportive backdrop for innovation-led equities. Despite her optimism, the ARKK ETF has seen approximately $1.25 billion in net outflows over the past 12 months. The article also notes that from 2014 to 2024, the Ark Innovation ETF wiped out $7 billion in investor wealth, according to Morningstar.
Yahoo FinanceCathie Wood Buys $2.1 Million of Tumbling AI Stock CoreWeave
Cathie Wood, CEO of Ark Investment Management, purchased $2.1 million worth of CoreWeave (CRWV) shares on July 7, 2026, adding to her portfolio amid a sharp selloff in the AI stock. The purchase, consisting of 23,743 shares, aligns with Wood's strategy of buying favored tech stocks during market pullbacks. The article contrasts the performance of her flagship Ark Innovation ETF (ARKK), which is up 2.94% year-to-date, against the S&P 500's 9.33% gain. Wood argues that the bond market is pricing in deflationary impacts from AI and tech innovation, not inflation, and predicts a supportive backdrop for innovation-led equities. However, the article notes skepticism from other investors, as ARKK experienced $1.21 billion in net outflows over the past 12 months and has destroyed $7 billion in shareholder wealth from 2014 to 2024, according to Morningstar.
Yahoo FinanceCathie Wood Buys $38.1 Million of Tumbling Tesla Stock
Cathie Wood, CEO of Ark Investment Management, purchased approximately $38.1 million worth of Tesla shares on July 2, 2026, as the stock tumbled 7.49% in a single day. The purchase of 96,935 shares at $393.45 each reflects Wood's strategy of buying high-conviction tech stocks during pullbacks. Despite the Ark Innovation ETF (ARKK) gaining 35.49% in 2025, it has underperformed the S&P 500 year-to-date in 2026, rising only 4.34% versus the S&P's 9.32%. Over five years, ARKK has an annualized return of -8.56%, destroying $7 billion in investor wealth from 2014 to 2024, according to Morningstar. Wood argues that the bond market is signaling deflation from AI-driven productivity gains, not inflation, and predicts a supportive environment for innovation stocks. However, ARKK experienced $1.3 billion in net outflows over the past year, indicating investor skepticism.
Yahoo FinanceCathie Wood buys $11.5 million of battered tech stock
Cathie Wood, CEO of Ark Investment Management, purchased $11.5 million worth of Coinbase shares after weeks of price declines, doubling down on her strategy of buying beaten-down tech stocks. Her flagship Ark Innovation ETF (ARKK) gained 35.49% in 2025, outpacing the S&P 500's 17.88% return, but has risen only 0.33% year-to-date in 2026 versus the S&P 500's 7.43% gain. Over five years, ARKK has an annualized return of -8.89%, while the S&P 500 returned 11.43%. Two of Wood's Ark funds were among the worst-performing ETFs in Q1 2026. Wood argues that the bond market is discounting deflationary impacts of technological innovation, especially AI, rather than inflation fears. She predicts accelerating growth, declining inflation, falling interest rates, and a strengthening U.S. dollar, which she says would support innovation-led equities. The Ark Innovation ETF saw approximately $1.01 billion in net outflows over the past 12 months through June 24.
Yahoo FinanceCathie Wood Buys $9.6 Million of Megacap Tech Stock Amid Sell-Off
Cathie Wood, CEO of Ark Investment Management, purchased $9.6 million of a megacap tech stock during a broader market sell-off, reinforcing her strategy of doubling down on favored tech holdings amid price declines. The article details the performance struggles of her flagship Ark Innovation ETF (ARKK), which is down 1.48% year-to-date in 2026, underperforming the S&P 500's 7.49% gain. Over five years, ARKK has delivered an annualized return of -8.95%, compared to the S&P 500's 11.27%. Morningstar analysis noted two of Wood's funds were among the worst-performing ETFs in Q1 2026, and ARKK wiped out $7 billion in investor wealth from 2014 to 2024. Wood argues that markets are misreading inflation risks, pointing to the deflationary impact of AI and technological innovation, predicting falling interest rates and a supportive environment for innovation stocks.
Yahoo FinanceCathie Wood Buys $9.6 Million of Megacap Tech Stock During Market Sell-off
Cathie Wood, CEO of Ark Investment Management, purchased $9.6 million of a megacap tech stock amid a broader market sell-off, continuing her strategy of doubling down on favored tech stocks when prices fall. The article notes that Wood's flagship Ark Innovation ETF (ARKK) gained 35.49% in 2025 but is down 1.48% year-to-date in 2026, underperforming the S&P 500's 7.49% gain. Over the past five years, ARKK has delivered a negative annualized return of -8.95% compared to the S&P 500's 11.27%, and it has wiped out $7 billion in investor wealth from 2014 to 2024, making it a major wealth-destroying fund. Morningstar data shows two of Wood's Ark funds were among the worst-performing ETFs in Q1 2026, and ARKK saw $1.08 billion in net outflows over the past 12 months. Wood argues the bond market is reflecting the deflationary impact of AI, not inflation risks, and predicts a supportive backdrop for innovation-led equities with accelerating growth, declining inflation, and falling interest rates.
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