The post Cathie Wood’s ARK Innovation ETF bought 93,374 shares of Nvidia on Thursday appeared on BitcoinEthereumNews.com. Cathie Wood moved fast on Thursday. Her flagship ARK Innovation ETF bought 93,374 shares of Nvidia right after the chip giant posted blowout earnings. The trade showed Ark returning to Nvidia for the first time since Aug. 4, based on data from the firm and numbers compiled by Bloomberg. Cathie made the move on the same day Nvidia gave a revenue outlook that beat what Wall Street expected. The stock did not behave the way many thought it would. Nvidia jumped more than 5% early in the day, then flipped hard. The stock ended the session down 3.2% at $180.64 in New York, even after the company said the AI economy is not in a bubble. The broader market fell too. Traders pulled back their hopes for a Federal Reserve rate cut in December, and that pressure hit tech names across the board. By Friday, the selloff had spread to Asia. AI stocks in South Korea and Taiwan dropped more than 3%. ARK adds to Nvidia while managing a wider portfolio Before this new buy, Ark already held more than 1.1 million Nvidia shares as of Sept. 30, according to Bloomberg data. The new purchase only reflects management decisions, as Ark’s daily updates do not include creation or redemption moves from investor flows. The timing came as the ARK Innovation ETF is down more than 20% from its October peak. During that same stretch, the Nasdaq 100 slid about 4.3%. Cathie did not comment on the trade directly, but Ark described it in its update, saying the ETF “bought 93,374 shares of Nvidia” on Thursday. Ark’s entire portfolio spans a long list of private and public companies. The holdings include SpaceX, Figure AI, OpenAI, Epic Games, Lambda, xAI, Neuralink, and more. Join a premium crypto trading community free for 30… The post Cathie Wood’s ARK Innovation ETF bought 93,374 shares of Nvidia on Thursday appeared on BitcoinEthereumNews.com. Cathie Wood moved fast on Thursday. Her flagship ARK Innovation ETF bought 93,374 shares of Nvidia right after the chip giant posted blowout earnings. The trade showed Ark returning to Nvidia for the first time since Aug. 4, based on data from the firm and numbers compiled by Bloomberg. Cathie made the move on the same day Nvidia gave a revenue outlook that beat what Wall Street expected. The stock did not behave the way many thought it would. Nvidia jumped more than 5% early in the day, then flipped hard. The stock ended the session down 3.2% at $180.64 in New York, even after the company said the AI economy is not in a bubble. The broader market fell too. Traders pulled back their hopes for a Federal Reserve rate cut in December, and that pressure hit tech names across the board. By Friday, the selloff had spread to Asia. AI stocks in South Korea and Taiwan dropped more than 3%. ARK adds to Nvidia while managing a wider portfolio Before this new buy, Ark already held more than 1.1 million Nvidia shares as of Sept. 30, according to Bloomberg data. The new purchase only reflects management decisions, as Ark’s daily updates do not include creation or redemption moves from investor flows. The timing came as the ARK Innovation ETF is down more than 20% from its October peak. During that same stretch, the Nasdaq 100 slid about 4.3%. Cathie did not comment on the trade directly, but Ark described it in its update, saying the ETF “bought 93,374 shares of Nvidia” on Thursday. Ark’s entire portfolio spans a long list of private and public companies. The holdings include SpaceX, Figure AI, OpenAI, Epic Games, Lambda, xAI, Neuralink, and more. Join a premium crypto trading community free for 30…