Cathie Wood bought 287,739 shares of CRCL and sold 80,272 shares of BABA today.

Nasdaq fell -0.66%, S&P 500 fell -0.22%.

U.S. stock storage and semiconductor sectors plunged, Google, Apple, Tesla, Amazon rose over 1%, Micron, SanDisk fell over 10%, Intel fell over 9%, ASML, AMD fell over 7%. It was a bloodbath this morning, plus Japan and South Korea fell sharply, South Korea continues to have circuit breakers every now and then, and U.S. stocks pre-market have already tanked.

Facebook rose over 8%, Microsoft rose over 3%. Sector rotation is the same: earlier, hardware rose while software fell; now it's switching. Meta announced plans to rent out excess computing power, which could generate an additional $8 billion in net profit by renting out 1GW. The stock price surged on this news.

Cathie Wood bought 287,739 shares of CRCL, 27,744 shares of BLSH, 97,823 shares of RXRX, 52,445 shares of XE, 69,680 shares of GENB, 83,891 shares of ALMR, 4,659 shares of SOFI, and 2,569 shares of SNOW today.

Sold 80,272 shares of BABA, 67,867 shares of ROKU, 55,672 shares of VCYT, 245,374 shares of SRTA, 23,742 shares of ABSI, and 34,137 shares of TWST.