Cathie Wood’s ARK Invest ETFs added shares of Alphabet (GOOGL), Robinhood Markets (HOOD), and CoreWeave (CRWV) on Monday, February 2, 2026, based on daily disclosures. The trades point to Wood’s confidence in AI and cloud trends, while also taking advantage of recent weakness in select growth stocks.
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Here’s a closer look at what likely drove Wood’s buying in each of these stocks.
1. Robinhood Stock
The most notable buy of the day was Robinhood. ARK purchased 363,317 shares worth about $36.1 million across its ETFs, signaling confidence in the retail trading platform.
The buy came as Robinhood shares fell about 10% on Monday, pressured by falling cryptocurrency prices and concerns over lower prediction market activity. Bitcoin briefly dropped to a 10-month low near $74,500 before recovering later in the day, which unsettled digital-asset traders. This matters for Robinhood because the platform supports trading in more than 50 crypto tokens, and its revenue is closely tied to crypto prices and trading volume.
Even so, ARK continued adding exposure to crypto-focused platforms, suggesting confidence in the long-term outlook. The purchases indicate ARK is using recent price weakness to build positions, as some investors expect clearer crypto rules ahead that could support the sector.
2. CoreWeave Stock
Another key purchase was CRWV, where ARK picked up 164,401 shares for about $15.3 million, mainly through the ARK Innovation ETF (ARKK) and the ARK Next Generation Internet ETF (ARKW).
The buy came as CRWV shares slipped about 5% on Monday, after investors turned cautious on high-valuation AI infrastructure names amid concerns over heavy spending, execution risk, and profit visibility. Even so, the move highlights ARK’s growing focus on AI infrastructure and cloud computing.
2. Alphabet Stock
ARK also increased its exposure to Alphabet, buying 37,745 shares valued at roughly $12.8 million.
The move comes ahead of Alphabet’s Q4 FY25 earnings report, due after the market closes on February 4. Wall Street expects the company to post revenue of $111.33 billion, up about 15% year over year, while earnings are expected to rise about 23% to $2.63 per share.
Unlike Robinhood and CoreWeave, Alphabet’s purchase appears driven less by short-term weakness and more by long-term conviction. ARK’s continued buying reflects confidence in Alphabet’s AI strategy, led by Google Cloud growth and rising demand for its AI models, alongside the resilience of its core advertising business.
Let’s see how these three stocks perform using the TipRanks Stock Comparison Tool.
