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The purchases hit ARKK, ARKQ, ARKW, and ARKX on Tuesday, with ARKK alone adding over 97,000 shares each of GOOGL and GOOG at around $359 per share.

 This reflects Ark's focus on disruptive innovation like Alphabet's AI and cloud growth, fueled by Google Cloud's surge and models like Gemini with 900 million monthly users. 

While bulls see it as a vote of confidence amid Alphabet's $180-190 billion 2026 capex plans, critics question Wood's timing given ARKK's recent market lag and technical overbought signals.

 Memes even poked fun at Warren Buffett's parallel Berkshire Hathaway buys totaling over $31 billion.