The Smart Marty Sky Dispatch
Tracking Cathie Wood: Adding CoreWeave and Archer Aviation, Trimming BYD ADR and AI Software Exposure
On Thursday, November 12, 2026, all three major U.S. equity benchmarks closed lower. The S&P 500 fell 0.35% to 7,592.40, the Nasdaq Composite declined 0.39% to 25,366.09, and the Dow Jones Industrial Average dropped 0.36% to 52,297.09, pointing to softer risk appetite across the market. ARK’s trading carried an offense-meets-defense profile: it added exposure to AI compute, embodied intelligence,...
Tracking Cathie Wood: Adding CoreWeave and Archer Aviation, Trimming BYD ADR and AI Software Exposure
On Thursday, November 12, 2026, all three major U.S. equity benchmarks closed lower, signaling softer risk appetite across the market. The S&P 500 declined 0.35%, finishing at 7,592.40; the Nasdaq Composite fell 0.39% to 25,366.09; and the Dow Jones Industrial Average slipped 0.36% to 52,297.09.
ARK’s trading continued to reflect an offense-meets-defense posture, with a tilt toward AI compute and embodied intelligence. The portfolio activity indicated a focus on exposure to artificial intelligence software and related compute capabilities.
In this rollout, ARK added positions in CoreWeave and Archer Aviation, aligning with a strategy to increase exposure to AI infrastructure and innovative aviation technologies.
Conversely, the trading activity included trimming exposure to BYD ADR, alongside reducing AI software exposure, consistent with balancing risk while maintaining strategic AI and next-generation mobility themes.
The overall market backdrop showed persistent cautious sentiment on November 12, 2026, with investors weighing technology and mobility names against macro-level risk signals as benchmarks ended the session lower.