Cathie Wood Dumps Tesla Stock Ahead Of Q4 Earnings, Ark Invest Loads Up On Amazon
Posted: Jan 29, 2025
- Cathie Wood-led Ark Invest sold Tesla ($TSLA) stock ahead of Q4 earnings
- Ark Invest bought Amazon ($AMZN) stock
- Other key trades included selling Adyen NV, Rocket Lab USA Inc, and Roblox Corp, and buying Absci Corp and Qualcomm Inc
- Investors are watching Tesla's performance with skepticism due to growth projections
- Ark Invest's trades could influence other fund managers and impact sectors such as e-commerce
- Elon Musk's statements could affect investor confidence
What do people on Reddit think?
🚨 Reddit sentiment: mixed - There are both positive and negative comments about Tesla and Amazon. Some express concern, while others are excited or critical about trading decisions. Summarized comments: - Concerns over Cathie Wood selling Tesla stock and implications for Amazon - Mixed feelings about Cathie Wood's actions - Comments referencing investment actions such as buying Tesla call options and holding TSLA puts - Criticism of Cathie Wood's decision-making relating to Ark Invest - Discussion of the ARKW ETF still holding a majority of its Tesla shares despite the sale Stock tickers discussed: $TSLA, $AMZN, $META
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