Cathie Wood buys $28.7 million of tumbling megacap stock

Cathie Wood is doubling down on her buy-the-dip strategy. The Ark Invest chief just picked up shares of a megacap tech name that fell 9% after reporting results. In 2025, the flagship Ark Innovation ETF gained 35.49%, far outpacing the S&P 500’s return of 17.88% in the same period. But so ...