Cathie Wood, CEO of Ark Investment Management, is known for investing in high-growth tech companies. She has added shares of CoreWeave (COREW), a stock that has surged 14.8% over the past five days, as part of her strategy to capitalize on artificial intelligence-driven growth.
The purchase, valued at approximately $22.8 million based on CoreWeave’s latest closing price of $669.21, reflects Wood’s confidence in AI’s deflationary impact on productivity and its potential to drive long-term returns.
Wood’s Ark Innovation ETF has historically outperformed broader markets during tech booms. In 2020, it delivered a 153% return, though it faced significant losses in 2022 (-60%+) during market downturns. As of July 10, 2026, the fund’s five-year annualized return of -8.42% lags behind the S&P 500’s 11.63%, underscoring the volatility of Wood’s high-growth strategy.
Wood argues that AI adoption is reducing inflationary pressures by boosting productivity. In a recent X post, she noted that falling interest rates and declining oil prices could further temper inflation, creating a favorable environment for innovation-led equities.
The bond market increasingly reflects this shift, with Treasury yields flattening despite recent oil price spikes. Wood believes this trend supports her view that AI-driven efficiency gains will outpace traditional inflation risks.
Despite mixed performance, Wood has expanded her portfolio with additional buys in space tech (SPCX), Coinbase (COIN), and Recursion Pharmaceuticals (RXRX), while trimming positions in AMD and AMD-related stocks.
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