Cathie Wood bought $13 million worth of HOOD and sold $40 million worth of Tesla and $10 million worth of TER today

Nasdaq fell -1.69%, S&P fell -1.07%

On the last trading day of the week, the three major U.S. stock indices all fell last night. Broadcom announced that its fiscal 2025 revenue is expected to be $64 billion and disclosed that its backlog of AI-related orders reached $73 billion. However, the market was disappointed by its low gross margin in the AI business and the lack of AI business guidance for fiscal 2026, dragging down its stock performance.

Other tech stocks also fell, with Apple being the most stable here. The old reliable stocks are just rock solid😂

U.S. stock Medline has started its IPO subscription. As the global leader in medical and surgical supplies with a market cap of $55.3 billion, this IPO is quite hot with a large volume. Since the total volume is relatively large, even a small allocation is enough for retail investors. Currently, it can only be subscribed on Futu (requires moomoo account activation). Those with accounts can participate, and the deadline is next Tuesday.

Cathie Wood bought $13 million worth of HOOD today, adding to her position for several consecutive days. Interestingly, every time the stock drops significantly, she buys, always securing a spot.

Bought $6 million XYZ, $350k BLSH, $400k SLMT, $5 million DE, $5 million LHX, $80k ARKB, and others not listed here. After last night's drop, it's a good time to bottom-fish. The key is to have enough ammunition, buying bit by bit and then selling at the right time.

Sold $40 million Tesla, basically selling at around $400, and has sold several times in a row.

Sold $10 million TER, $200k IBTA, $500k IRDM, $550k SOFI, just as they rebounded over the past two days, Cathie Wood sold.