Cathie Wood's Ark Invest bought nearly 79,000 Nvidia shares worth about $15.5 million after the AI chipmaker's recent selloff, reaffirming confidence in the stock despite its recent decline and mixed performance of Ark's flagship fund.

Cathie Wood bought more SpaceX stock as the company's post-IPO wipeout topped $1.2 trillion, reinforcing ARK Invest's bullish long-term bet.

Cathie Wood's Ark bought $12.2 million of SpaceX, $12.4 million of Tesla and $15.6 million of Nvidia on Tuesday July 28, 2026.