Wood’s Bargain Bin: A Little Dip, A Little Hope

Right. Tuesday. Let’s just say the market decided to have a bit of a wobble. Archer, CoreWeave, Tesla… all taking a little tumble. Honestly, it’s always a bit thrilling, isn’t it? Watching things go down. Makes you feel… less alone in your own failures. And Cathie Wood? She wasn’t watching from the sidelines, darling. Oh no. She was buying. Which, let’s be real, is either genius or a spectacular act of denial. Possibly both. I’m leaning towards both.

She added to all three positions. Is it a mistake? Probably. Is it an opportunity? Also probably. The problem with conviction, you see, is it blinds you to the obvious. But then, who needs obvious? Let’s dissect this little shopping spree, shall we? Because frankly, I need something to distract me from my own portfolio’s performance. Don’t judge.

1. Archer Aviation

Archer. Electric air taxis. Sounds like the future, doesn’t it? Until you remember the sheer logistical nightmare of it all. They had a rough quarter, apparently. Numbers weren’t quite… soaring. Honestly, a company pre-revenue having a bad day? It’s like being surprised your soufflé fell. Still, the stock took a hit. A proper one. And Wood swooped in. Because, why not double down on something that relies on a technology that barely exists? It’s the kind of reckless optimism I can almost admire. Almost.

They’re burning cash, naturally. Always the way. But the real question isn’t the immediate numbers; it’s the dream. Headlines, not income statements, are what matter here. And they’re aiming for passenger flights this year. Ambitious. The stock’s down 54% from its October high, which, let’s be honest, was probably overinflated to begin with. Analysts are still predicting huge growth, but those numbers have been… adjusted. Downwards. They’re now projecting $1.7 billion in revenue by 2029, instead of… well, more. Still, the U.S. Air Force is interested. And the Olympics in 2028. It’s a long shot, yes, but a glamorous one. And sometimes, that’s enough.

2. CoreWeave

CoreWeave. Now, this is a fun one. Hyperscalers. Sounds intimidating, doesn’t it? Basically, they provide the infrastructure for all the AI stuff everyone’s talking about. They went public less than a year ago, and it’s been a rollercoaster. Up, up, up… then a rather precipitous drop. Down 60% from its peak. Ouch. But they’re still growing, doubling revenue each quarter. Which, you know, is good. It’s like watching a toddler learn to walk: impressive, but also terrifyingly unstable.

It started with crypto mining, which, let’s face it, was always a bit of a gamble. Then they pivoted to data centers. Smart move. Demand is still booming. Analysts see revenue doubling again in 2026. It’s a decent story. A little… overhyped, perhaps. But decent. And when something with that much potential takes a beating, well… you can see why someone like Wood might be tempted. It’s the equivalent of finding a designer handbag on sale. You know it’s a bit reckless, but you can’t resist.

3. Tesla

Tesla. The behemoth. Wood’s biggest holding. Over a billion dollars worth of stock. She added to it on Tuesday. Honestly, it’s a bit like watching someone double down on a sure thing. Or, what was a sure thing. They’re doing… things. Cancelling car lines, focusing on robots and self-driving taxis. It’s a bold move. A slightly unhinged move. But hey, that’s Elon Musk for you. Betting against him rarely pays off. Though, let’s be honest, it’s tempting.

Despite everything, Tesla’s barely 20% below its all-time high. Which is… remarkable. Analysts still see 8% top-line growth in 2026. And expanding profitability. They’re shifting to robotics and autonomous driving. It’s a gamble, yes. But a potentially lucrative one. And sometimes, that’s all you need. A little bit of hope. A little bit of delusion. And a very, very deep pocket.

2026-03-04 19:14

1. Archer Aviation

2. CoreWeave

3. Tesla

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