{"id":726375,"date":"2026-06-26T02:47:14","date_gmt":"2026-06-26T02:47:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/726375\/"},"modified":"2026-06-26T02:47:14","modified_gmt":"2026-06-26T02:47:14","slug":"cathie-wood-buys-22-million-of-this-tumbling-tech-stock","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/726375\/","title":{"rendered":"Cathie Wood Buys $22 Million of This Tumbling Tech Stock"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This article first appeared on <a href=\"https:\/\/www.gurufocus.com\/news\/8931526\/cathie-wood-buys-22-million-of-this-tumbling-tech-stock?utm_source=yahoo_finance&amp;utm_medium=syndication&amp;utm_campaign=headlines&amp;r=caf6fe0e0db70d936033da5461e60141\" data-ylk=\"slk:GuruFocus;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;GuruFocus&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">GuruFocus<\/a>.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Cathie Wood&#8217;s ARK Invest funds added to Cerebras Systems (<a href=\"https:\/\/finance.yahoo.com\/quote\/CBRS\" data-ylk=\"slk:NASDAQ%3ACBRS;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;NASDAQ:CBRS&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" class=\"stocks_tp\" rel=\"nofollow noopener\">NASDAQ:CBRS<\/a>) on June 24, buying into the AI chipmaker after its post-earnings pullback. The firm said the purchase totaled 99,154 shares, worth about $22.48 million, after the stock fell 19.5%.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Cerebras also drew a <a href=\"https:\/\/www.investing.com\/news\/company-news\/cathie-woods-ark-buys-cerebras-systems-stock-sells-roku-shares-93CH-4759464\" data-ylk=\"slk:smaller;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;smaller&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">smaller <\/a>ARK buy on June 23, when the funds picked up 25,795 shares for about $5.79 million ahead of the company&#8217;s first public quarterly report. At the same time, ARK reduced its position in Roku (<a href=\"https:\/\/finance.yahoo.com\/quote\/ROKU\" data-ylk=\"slk:NASDAQ%3AROKU;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;NASDAQ:ROKU&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" class=\"stocks_tp\" rel=\"nofollow noopener\">NASDAQ:ROKU<\/a>), selling 65,246 shares worth about $8.81 million after Fox Corporation (FOXA) disclosed its acquisition of the streaming company.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Cerebras designs AI hardware and cloud systems used to train and run large models. The company is trying to challenge Nvidia (<a href=\"https:\/\/finance.yahoo.com\/quote\/NVDA\" data-ylk=\"slk:NASDAQ%3ANVDA;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkText&quot;:&quot;NASDAQ:NVDA&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;}\" target=\"_blank\" class=\"stocks_tp\" rel=\"nofollow noopener\">NASDAQ:NVDA<\/a>) with a wafer-scale chip architecture that is built for large AI workloads.  <\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Cathie Wood&#8217;s ARK Invest funds added to Cerebras Systems (NASDAQ:CBRS) on June&hellip;\n","protected":false},"author":2,"featured_media":68209,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[182,181,507,187751,257895,23571,18538,312529,74],"class_list":["post-726375","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-cathie-wood","tag-cerebras-systems","tag-fox-corporation","tag-gurufocus","tag-shares-worth","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/726375","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=726375"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/726375\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/68209"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=726375"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=726375"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=726375"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}