Cathie Wood’s firm, ARK Investment Management, is known for focusing on technology companies that are reshaping the business landscape. Cathie Wood, a philanthropist with a particular interest in the technology industry, just launched the ARK Transparency Fund. ARK Innovation, the fund’s flagship, has lost 21.68 percent of its value this year. Returns will quadruple over the next five years, Wood estimates.
Insider Monkey highlights the list of 10 artificial intelligence stocks in Cathie Wood’s portfolio. An increase in Cathie Wood’s ARK Investment Management’s stake in the company of 3% means the firm now owns a stake worth approximately $150 million. A 6.2% increase in revenue from the previous year’s quarter brought in $805 million in the third quarter. Jiddo.com uses artificial intelligence, big data, and robotics to connect consumers with commerce. Warehouses are where the company’s most advanced robots are employed. Cathie Wood held 0.41 percent of the company’s stock in Q3 2021. Jiddo.com uses artificial intelligence (AI), big data (Big Data), and robotics to connect consumers with commerce. Warehouses are where the company’s most advanced robots are employed. Cathie Wood held 0.41 percent of the company’s stock in Q3 2021. In order to provide a digital signature product for electronic agreements, DocuSign, Inc. utilizes a combination of AI technologies. In the third quarter of 2021, Cathie Wood’s hedge fund held a stake in the company worth $469 million, accounting for 1.12 percent of her portfolio. In the third quarter, 94 hedge funds tracked by Insider Monkey were positive on Twitter, an increase from 89 in the second quarter. As of the end of the third quarter of 2014, ARK Investment Management held 13.7 million shares of Twitter Inc. For more details, click 10 Artificial Intelligence Stocks In Cathie Wood’s Portfolio.
