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BTCC / BTCC Square / Global Cryptocurrency /
Cathie Wood’s Ark Invest Buys $8.6M of Amazon (AMZN) Stock

Cathie Wood’s Ark Invest Buys $8.6M of Amazon (AMZN) Stock

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-01-14 09:02:18
0
Cathie Wood, the CEO of Ark Invest, has recently purchased 39,288 shares of Amazon.com (AMZN) valued at approximately $8.6 million on January 10, 2025. This acquisition is part of a series of recent Amazon stock purchases by Ark Invest, including 15,301 shares on December 31 and 7,499 shares on December 23. Amazon is emerging as a strong performer among the Magnificent-7 stocks for 2025, with AWS leading as the most profitable segment, reporting $10.7 billion in operating income in the third quarter compared to $7 billion from e-commerce.
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