Cathie Wood’s ARK Invest Loads Up On CRWV, GOOGL Stocks Before Mega Tech Earnings Day

• Wood’s ARK Invest acquires $18.2 million of CoreWeave stock and $14.2 million of Alphabet stock.
• Wood has been aggressively investing in both companies for at least a year.
• Stocktwits sentiment was ‘neutral’ for CRWV and ‘bullish’ for GOOGL as of late Tuesday. 

Cathie Wood’s ARK ETFs added to their positions in Alphabet and CoreWeave on Tuesday, continuing an aggressive dip-buying streak in both stocks.

The ARK Innovation ETF (ARKK) and the ARK Next Generation Internet ETF (ARKW) bought 162,306 shares of CoreWeave, potentially totaling $18.2 million. The ARK Innovation ETF added 40,656 shares of Alphabet at a potential cost of $14.2 million.

The funds also purchased stocks of Kratos Defense and Security Solutions and Intellia Therapeutics, while trimming their holdings in Intercontinental Exchange and Roku.

The trades send a notable signal ahead of a packed Wednesday for earnings. Four tech heavyweights – Amazon, Meta Platforms, Microsoft and Alphabet – are set to report after the close, with results expected to shape market direction and influence analyst sentiment around the broader AI trade.

Alphabet, in particular, is on top of investors’ radars. Alphabet’s stock was the top-performing stock in the “Magnificent Seven” group last year, thanks to the release of its benchmark-setting Gemini 3 AI model, an AI partnership with Apple, and other triggers, and has climbed 12% year to date, just behind Amazon.

CoreWeave is another market favorite amid strong investor interest in cloud companies, a sector at the heart of the ongoing AI-driven infrastructure boom. CoreWeave shares have gained 47% year to date and have more than doubled since the company’s initial public offering (IPO) in March last year.

Wood’s ARK Investment Management has invested at least $80 million into CoreWeave and $110 million into Alphabet so far this year.

On Stocktwits, the retail sentiment for CRWV dipped to ‘neutral’ from ‘bullish,’ while the sentiment for GOOGL dropped a few points in the ‘bullish’ territory. 

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