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Cathie Wood Shifts From AI Chips to Robinhood and Air Taxis in Latest ARK Trades

ARK made its first Robinhood purchase since Sept. 8 as the stock fell more than 23% over the past month, trade data showed.

Summary by 24/7 Wall St.
Cathie Wood just pulled millions out of two of this year's hottest AI chip winners and poured it into a battered broker and a pair of air taxi startups burning through cash. The trades raise a pointed question: does ARK see something the market is punishing, or is this a costly bet on visions that may never leave the runway?

6 Articles

operation represents the firm’s largest capital input on the platform since April 29, 2026, when it executed a $39 million purchase. Regression in crypto income: Robinhood reported an annual contraction of 55% in its revenue from cryptocurrency transactions during the third quarter, placing it at $120 million. The firm’s income is ... Read more

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Coin Desk broke the news in New York, United States on Thursday, October 29, 2026.
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