CoreWeave or Palantir: Cathie Wood Buys $12.4M of One AI Stock, Sells $6.3M of the Other

CoreWeave (NASDAQ:CRWV) and Palantir (NASDAQ:PLTR) ended Wednesday lower, and Cathie Wood’s ARK funds reflected that with opposing trades. CoreWeave dropped 15.5% in regular session, then fell another 3.5% after hours, leaving it down 53% over 12 months. ARK bought 188,665 CoreWeave shares worth about $12.4 million. Palantir slid 3.7% Wednesday, despite a more than 60% rally since early-August earnings; Wood sold 31,432 shares worth around $6.3 million. The move follows wider concerns: CoreWeave faces rising borrowing costs, while Palantir’s valuation is under scrutiny despite rapid revenue growth.