Cathie Wood Buys $12.4 Million Of CoreWeave Stock As Analyst Warns Of Equity Wipeout, Ark Sells Palantir Shares
Cathie Wood’s Ark bought CoreWeave, Cerebras and Meta shares and sold Palantir shares on Wednesday, Oct. 14, 2026.
Stocks · News reference
Reference Details
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
Keep reading
Cathie Wood’s Ark bought CoreWeave, Cerebras and Meta shares and sold Palantir shares on Wednesday, Oct. 14, 2026.
Jim Cramer endorsed CoreWeave as the only AI neocloud he trusts, but the stock plunged 15% the next day after venture capitalist Chamath Palihapitiya highlighted concerns about the company's soaring debt levels. CoreWeave faces significant financial risks with $51.6 billion in total debt obligations and projected negative free cash flow of $25-28 billion annually through 2028, raising questions about whether strong customer demand can offset the company's aggressive borrowing strategy.
Meta's Muse app has become a breakout hit, ranking #1 across app stores and driving Meta's stock up 9%. The agentic AI shopping assistant is disrupting traditional e-commerce by allowing users to shop across multiple retailers. While Amazon has blocked Muse, companies like Shopify, PayPal, and Expedia are partnering with it. Experts debate whether this represents a pivotal moment or slow commoditization of AI technology, with potential winners emerging in both consumer and B2B sectors, particularly niche companies like AAR Corp that integrate agentic AI into enterprise systems.
Micron Technology, Microsoft, and Meta Platforms are identified as potential stock-split candidates among trillion-dollar companies. Micron appears most likely to split first given its high share price ($914) and history of three previous splits, while Meta could surprise as the only 'Magnificent Seven' stock never to have split. Microsoft, with the lowest share price of the three at $533, may wait longest. All three companies are benefiting from AI-driven growth and strong business fundamentals.