ARK Invest Rebalances with NVIDIA, Amazon Buys

Cathie Wood's ARK Invest made notable trades on April 8, 2025, with significant purchases in NVIDIA, Amazon, and Coinbase, reflecting a strategic portfolio rebalancing amidst market volatility. ARK acquired 188,980 shares of NVIDIA, valued at approximately $18.45 million, signaling renewed interest after a previous reduction in holdings due to NVIDIA's stock decline. The firm also bought 33,746 shares of Amazon, worth about $5.76 million, despite the stock's recent decrease, highlighting confidence in Amazon's new AI initiatives. ARK's purchase of 31,730 Coinbase shares indicates continued belief in its long-term potential as a cryptocurrency leader. Additionally, ARK sold a significant portion of its UiPath shares, continuing a trend of reducing its position in the automation software company. Meanwhile, Representative Marjorie Taylor Greene disclosed a stock purchase in Amazon, valued between $19,019 and $285,000, as part of her recent trading activity.