ARK Invest invested more than $70 million in Tesla, Coinbase and other technology stocks as U.S. stocks plummeted


As the US stock market plummeted, Cathie Wood's Ark Investment Management company invested over $70 million, heavily buying technology stocks such as Tesla (TSLA.O), Palantir (PLTR.N), Coinbase (COIN.O), AMD (AMD.O), Tempus AI (TEM.O), and Robinhood (HOOD.O).