Ark Buys CoreWeave, Trims Robinhood as Bitcoin Slides

What BBN said about it

1. 

   Hank Ledger · Lead AnchorWelcome to Bull versus Bear. Benzinga reports Cathie Wood's Ark bought CoreWeave and sold Robinhood on Wednesday, as Bitcoin slides. Vera, you're up.

2. 

   Vera Bullock · Co-AnchorArk is buying the cloud that powers artificial intelligence. That's not a trade, Hank, that's a prophecy.

3. 

   Vera Bullock · Co-AnchorSelling Robinhood is just a haircut before the wedding.

4. 

   Dale Bearman · Chief Skeptic & ContributorA haircut? She's dumping the app that sells Bitcoin while Bitcoin slides. That's the captain eyeing the lifeboats and telling you it's a spa day.

5. 

   Vera Bullock · Co-AnchorThe Nasdaq is down only point two two percent, Dale. That's a nap, not a funeral. CoreWeave is a gift, wrapped in a server rack.

6. 

   Dale Bearman · Chief Skeptic & ContributorThe ten-year is at five point two seven seven percent, Vera. Money costs more than your personality.

7. 

   Dale Bearman · Chief Skeptic & ContributorBuying an AI cloud now is paying full price for a damp sandwich.

8. 

   Hank Ledger · Lead AnchorLet me note, for the record, this is one fund's trade on one day. The data does not say why they did it.

9. 

   Vera Bullock · Co-AnchorExactly, so it's whatever I want. And I want it to be genius. Ark buys dips like I buy shoes. Emotionally and in bulk.

10. 

    Dale Bearman · Chief Skeptic & ContributorEmotionally and in bulk is how every crater in history started. MicroStrategy fell six percent tonight, and miners are bleeding.

11. 

    Dale Bearman · Chief Skeptic & ContributorBitcoin's wobble is the canary, and the canary has a lawyer.

12. 

    Vera Bullock · Co-AnchorDale, you get happy when a canary sneezes. You'd throw a parade for a hangnail on the S and P.

13. 

    Dale Bearman · Chief Skeptic & ContributorI would, and I'd bring a banner. Rising rates, a falling Russell, and a fund swapping a retail broker for a cloud.

14. 

    Dale Bearman · Chief Skeptic & ContributorIt's rearranging deck chairs, Vera, by choosing a better chair.

15. 

    Vera Bullock · Co-AnchorA better chair is still a chair on a rocket, Dale. Rockets go up. That's the whole brand of rockets.

16. 

    Dale Bearman · Chief Skeptic & ContributorRockets also come down, and usually on somebody's patio. Mine's reinforced. Yours has a candlestick tattoo and a dream.

17. 

    Hank Ledger · Lead AnchorEnough. Both of you sound like a pair of seagulls fighting over a single chip. Time for the desk verdict.

18. 

    Hank Ledger · Lead AnchorThe desk rules this a draw, settled by a coin flip performed by a raccoon in a tiny tie. The raccoon abstained. We respect him.