CrowdStrike Posts Best Quarter Ever, but Cathie Wood's Ark Sells Shares Amid Cloudflare, Cerebras Buys
On Wednesday, Aug. 26, 2026, Ark Invest sold CrowdStrike and AMD shares after CrowdStrike's record quarter.
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Cathie Wood’s ARK Invest bought $16 million of Broadcom ahead of earnings, betting on the AI chipmaker as AI infrastructure spending accelerates.
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On Wednesday, Aug. 26, 2026, Ark Invest sold CrowdStrike and AMD shares after CrowdStrike's record quarter.
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Read original at benzingaCrowdStrike shares jump 8% after strong Q2 results, with revenue and EPS beating estimates and full-year earnings guidance raised.
Read original at benzingaAMD stock rose over 1% on Wednesday as major Wall Street firms reiterated Buy ratings and raised price targets, outperforming a flat broader market.
Read original at benzingaCathie Wood's Ark Invest added to positions in Broadcom, Cerebras Systems, and Cloudflare on Wednesday, taking advantage of market pullbacks. All three stocks have declined 14-53% from recent all-time highs but show strong revenue growth and business fundamentals, with Broadcom expected to report 85% revenue growth and Cerebras showing 74% growth despite customer concentration concerns.
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Read original at benzinga