By Patrick Sanders, The Motley Fool
Publication Date: 2026-08-13 20:54:00
Nvidia (NASDAQ: NVDA) will report its second-quarter results on Aug. 26, and there’s plenty of reason for optimism. The company is the leading maker of the processors that power artificial intelligence workloads, and it remains the world’s largest company by market cap.
Nvidia has a history of delivering quarterly results that exceed analysts’ expectations, and another solid report could send the chipmaker’s stock soaring. Cathie Wood, CEO of Ark Invest, is apparently counting on that — she has been scooping up shares. Over three recent trading days — July 28, Aug. 5, and Aug. 10 — she bought $59.9 million of Nvidia stock for her firm’s exchange-traded funds (ETFs).
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »
|
Ark Exchange-Traded Fund |
July 28 Purchase |
Aug. 5 Purchase |
Aug. 10 Purchase |
Total Purchased |
|---|---|---|---|---|
|
Ark Innovation ETF |
$8.2 million |
$9.4 million |
$12.6 million |
$30.2 million |
|
Ark Next Generation Internet ETF |
$2.3 million |
$2.7 million |
$7 million |
$12 million |
|
Ark Autonomous Technology & Robotics ETF |
$2.7 million |
$3.1 million |
$4.1 million |
$9.9 million |
|
Ark Fintech Innovation ETF |
$1.1 million |
$1.1 million |
$1.5 million |
$3.7 million |
|
Ark Space & Defense Innovation ETF |
$1.1 million |
$1.3 million |
$1.7 million |
$4.1 million |
|
Totals |
$15.4 million |
$17.6 million |
$26.9 million |
$59.9 million |
Data…