Ark Invest CEO Cathie Wood sells Nvidia stock, investing in AI-driven ad tech company The Trade Desk instead.

Ark Invest CEO Cathie Wood is selling Nvidia stock due to potential inventory issues and is investing in The Trade Desk, an AI-driven ad tech company. Wood believes better opportunities lie in The Trade Desk amidst Nvidia's possible reckoning. Nvidia has navigated supply gluts before, but Ark Invest sees potential in The Trade Desk's growth in AI.

March 30, 2024
3 Articles