Cathie Wood Goes Bargain Hunting: 3 Stocks She Just Bought
The iconic growth investor made some interesting moves to kick off the new market week.

Cathie Wood had a quiet first day of trading for the final week of February. The co-founder, CEO, and ace stock picker for Ark Invest executed only four transactions across her family of growth-focused exchange-traded funds. I want to talk about three of them.
Wood added to her existing positions in Amazon (NASDAQ: AMZN), Iridium (NASDAQ: IRDM), and Datadog (NASDAQ: DDOG) on Monday. Let's take a closer look at Ark's latest purchases.
The leading online retailer is a hub for shoppers, but it's also doing pretty well when it's the one doing the shopping. Amazon has invested $8 billion in AI startup Anthropic, a stake that was valued at $14 billion back in December. Expect that investment to keep rising. Anthropic was hoping to raise $2 billion in its latest round of funding, but on Monday it announced that strong interest led to $3.5 in new seed capital. Anthropic is now valued at $61.5 billion.