Cathie Wood and Berkshire Hathaway (BRK.A) (BRK.A) do not usually end up on the same side of a trade. One is known for aggressive bets on disruptive innovation, while the other built its reputation on disciplined, long-term value investing. Yet both are now signaling growing confidence in Alphabet's (GOOG) (GOOGL) stock.
Cathie Wood recently added 267,582 shares of Google parent Alphabet across four Ark Invest ETFs on June 3, ARK Innovation ETF (ARKK), ARK Autonomous Technology & Robotics ETF (ARKQ), ARK Next Generation Internet ETF (ARKW), and ARK ****** e Exploration & Innovation ETF (ARKX), doubling down on the company’s expanding role in artificial intelligence (AI), cloud computing, and digital advertising.
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