Cathie Wood buys the dip in Nvidia-backed stock
In no time, CoreWeave (CRWV) has become one of the most talked-about names in AI, but the going’s been rough of late. The Nvidia (NVDA)-backed cloud infrastructure business has just slashed its sales outlook, sending its stock into a steep slide and spooking the broader market in the process. For perspective, the stock has plummeted over 42% in the past month alone. However, while most investors went for the exits, Cathie Wood did what Cathie Wood does; she doubled down on CoreWeave stock. ARK bought hu ...