Cathie Wood Sold $26 Million of Palantir to Buy These Two Stocks

Cathie Wood's ARK Invest announced another major portfolio rotation, pumping more than $50 million into Block and Rocket Lab while cutting Palantir and many other growth stocks.The firm bought 456,059 shares of Block (XYZ, Financials) through certain exchange-traded funds, worth around $38.1 millio…

Sep 1, 2026 - 18:00
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Cathie Wood Sold $26 Million of Palantir to Buy These Two Stocks
Cathie Wood's ARK Invest announced another major portfolio rotation, pumping more than $50 million into Block and Rocket Lab while cutting Palantir and many other growth stocks.The firm bought 456,059 shares of Block (XYZ, Financials) through certain exchange-traded funds, worth around $38.1 millio…

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