Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought

Ark Invest CEO Cathie Wood added to positions in Palantir, Cerebras Systems, and Coinbase Global on Thursday after all three stocks declined at least 5%. Palantir has fallen 48% from its November peak despite accelerating revenue growth and strong earnings. Cerebras, a recent AI chip IPO, has surrendered over half its value but shows impressive technology potential. Coinbase faces headwinds from declining cryptocurrency interest, with revenue down significantly in recent quarters.