Cathie Wood just made her biggest stock purchase of 2026

Cathie Wood's ARK Invest just made Robinhood its largest single-day purchase of 2026, pouring $50 million into a stock that's down 31% YTD and saw its crypto revenue plummet 38%, even as ARK simultaneously sold off Coinbase. This aggressive move, betting big on a stock with recent significant declines and cooling crypto revenue, defies conventional wisdom. Is this genius or a reckless gamble?
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