Cathie Wood Bought $59.9 Million of Nvidia Stock Before Earnings. Here's What Investors Should Know.

Published August 13, 2026 · Category: Finance

Overview

Nvidia (NASDAQ: NVDA) will report its second-quarter results on Aug. 26, and there's plenty of reason for optimism. The company is the leading maker of the processors that power artificial intelligence workloads, and it remains the world's largest company by market cap.

Nvidia has a history of delivering quarterly results that exceed analysts' expectations, and another solid report could send the chipmaker's stock soaring. Cathie Wood, CEO of Ark Invest, is apparently counting on that -- she has been scooping up shares. Over three recent trading days -- July 28, Aug. 5, and Aug. 10 -- she bought $59.9 million of Nvidia stock for her firm's exchange-traded funds (ETFs).

Details

Ark Exchange-Traded Fund

Continue reading

Source

Originally published at www.fool.com.

Related Articles

• Coinbase CEO Brian Armstrong Makes a Strong Case for Global Crypto Adoption. Here's What That Could Mean For Your Crypto Portfolio.
• These charts show why stocks keep rallying. Profit margins are the highest on record
• SpaceX set an IPO record. Now there’s hope that Anthropic could shatter it.