Cathie Wood Sells Palantir and AMD, Buys Robinhood and Cerebras Stock: Here's What Else Ark Traded
Ark Invest sold Palantir and AMD shares on Tuesday, Sept. 8, 2026, while buying into Robinhood and Cerebras through ARKK.
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Cantor Fitzgerald analyst Ramsey El-Assal maintains Robinhood Markets (NASDAQ:HOOD) with a Overweight and raises the price target from $115 to $150.
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Ark Invest sold Palantir and AMD shares on Tuesday, Sept. 8, 2026, while buying into Robinhood and Cerebras through ARKK.
Robinhood Markets has joined the underwriting syndicate for smart-ring maker Oura's IPO, marking its first official underwriting role. While this move could enhance retail IPO allocations and support customer engagement, Robinhood appears positioned near the bottom of the syndicate, suggesting modest initial economics. Analysts view underwriting as a diversification effort rather than a material near-term growth driver.
Robinhood strikes a multiyear Crypto.com deal to add OG contracts and take minority stakes as its prediction-market business keeps growing.