Cathie Wood Dumps $3.7 Million Of Palantir Stock Despite AI Boom — Here's What She's Buying Instead

On Monday, Cathie Wood-led Ark Invest made notable portfolio moves, boosting its positions in Qualcomm Inc (NASDAQ:QCOM) and BYD Co Ltd (OTC:BYDDY), while trimming its stakes in Palantir Technologies Inc (NASDAQ:PLTR) and Shopify Inc (NYSE:SHOP).