{"id":892162,"date":"2026-10-23T18:22:09","date_gmt":"2026-10-23T18:22:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/892162\/"},"modified":"2026-10-23T18:22:09","modified_gmt":"2026-10-23T18:22:09","slug":"cathie-wood-makes-surprise-move-across-three-popular-tech-stocks","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/892162\/","title":{"rendered":"Cathie Wood Makes Surprise Move Across Three Popular Tech Stocks"},"content":{"rendered":"\n

This article first appeared on GuruFocus<\/a>. <\/p>\n

Cathie Wood’s ARK Invest bought heavily<\/a> into Meta Platforms (NASDAQ:META<\/a>) after the stock’s post-earnings selloff, while reducing exposure to Palantir (NASDAQ:PLTR<\/a>) and Roblox (RBLX). <\/p>\n

ARK funds purchased 38,110 Meta shares worth about $24.7 million on Thursday, Oct. 22, after the stock plunged roughly 7% and erased its gains for the year. <\/p>\n

\"Cathie<\/a> META GF Value chart<\/a> <\/p>\n

At the same time, Wood sold 7,936 Palantir shares worth about $1.55 million and unloaded 33,793 Roblox shares valued at roughly $1.8 million. <\/p>\n

The moves come as the three stocks sit in very different places. <\/p>\n

Meta’s selloff followed a quarter in which revenue jumped 26% year over year to $64.6 billion, helped by stronger advertising and engagement. But investors focused heavily on rising AI spending after the company lifted the lower end of its 2026 capital-expenditure outlook to $135 billion, leaving the range at $135 billion to $145 billion. <\/p>\n

That spending pressure has become harder to ignore, particularly with Meta’s free cash flow turning negative for the first time since 2012, according to TipRanks. <\/p>\n

Palantir, meanwhile, remains one of the market’s strongest AI winners. <\/p>\n

Second-quarter revenue increased 93% to $1.94 billion, while U.S. commercial revenue surged 149%. The company also raised its full-year revenue outlook to roughly $8.15 billion to $8.158 billion. <\/p>\n

But after a roughly 1,111% three-year rally, expectations are already extraordinarily high. <\/p>\n

Roblox presents a very different setup. <\/p>\n

The stock remains down about 58% over the past year, with investors still questioning profitability, growth and monetization. Second-quarter bookings increased just 8%, while the company guided for a 14% to 18% decline in Q3 bookings. <\/p>\n

Investor Takeaway <\/p>\n

I think the interesting part of ARK’s move is the contrast in valuation and sentiment. <\/p>\n

Meta was bought immediately after investors punished the stock for rising AI costs, while Palantir was trimmed after one of the strongest multiyear rallies in the market. <\/p>\n

That does not necessarily mean Wood has turned bearish on Palantir or Roblox. <\/p>\n

But the size difference is notable: ARK bought nearly $25 million of Meta while selling only about $3.3 million combined across the other two names. <\/p>\n

That makes the trade look more like a meaningful buy-the-dip move in Meta than a wholesale exit elsewhere. <\/p>\n

For investors, the key things to watch are Meta’s AI spending and monetization, Palantir’s ability to keep beating elevated expectations, and whether Roblox can stabilize bookings and improve monetization. <\/p>\n

Cathie Wood appears willing to lean into Meta while much of the market is focused on the cost of its AI ambitions. <\/p>\n","protected":false},"excerpt":{"rendered":"This article first appeared on GuruFocus. Cathie Wood’s ARK Invest bought heavily into Meta Platforms (NASDAQ:META) after the…\n","protected":false},"author":2,"featured_media":892163,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[5097,28,122,101,939,2993,2994,32455,2995,932,112,32456,20112,147,9323,1170,1666,6480,2996,2997,923,19533,3733,32457],"class_list":["post-892162","post","type-post","status-publish","format-standard","has-post-thumbnail","category-markets","tag-401k","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-markets","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/892162","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=892162"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/892162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/892163"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=892162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=892162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=892162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}