Cathie Wood’s Ark loads up on Twitter as stock sputters
BNN Bloomberg
Cathie Wood amped up buying of Twitter Inc. as the stock slumped to its lowest in a year amid founder Jack Dorsey’s move to step down as chief executive officer.
Amazon.com Inc.’s cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit is recovering from a slump as businesses resume spending on technology projects, including artificial intelligence services.