Cathie Wood Grows Robinhood Stake; Sheds More AMD, Palantir

Cathie Wood's ARK Invest keeps shedding highflier Advanced Micro Devices (AMD) and rebounding AI data analytics firm Palantir (PLTR), while adding to its hefty position in Robinhood (HOOD). On Tuesday, ARK Invest bought 27,083 shares of Robinhood valued around $3.1 million for its flagship ARK Innovation ETF (ARKK). The firm has been steadily adding Robinhood shares over the last few…