Oklo or Palantir: Cathie Wood Buys $4.1M of One Stock, Sells $5.3M of the Other

Cathie Wood, founder of ARK Invest, made offsetting trades in two high-profile tech names: Oklo and Palantir. Oklo (NYSE: OKLO), a nuclear technology developer backed by Sam Altman, has fallen 62% year-to-date as commercial operations remain years away and costs continue to mount. Palantir (NASDAQ: PLTR) has climbed 54% in about two and a half months following its early-August earnings report, fueled by surging AI demand, especially from government agencies and large corporations. On Tuesday, ARK funds bought 150,998 OKLO shares worth about $4.1 million, while Wood sold 27,790 PLTR shares valued at $5.3 million. Analysts remain divided, with a Moderate Buy consensus and a $70.72 average 12-month target.