Tempus AI Trade - Ark Invest sold a total of 58,629 shares of Tempus AI, comprising 8,864 shares in ARK Genomic Revolution ETF (ARKG) and 49,765 shares in ARK Innovation ETF (ARKK), valued at approximately $5.2 million based on a closing price of $88.78 [2] - This sale follows Tempus AI's recent achievement of receiving 510(k) clearance from the FDA for its updated AI-powered cardiac imaging platform, Tempus Pixel, which may enhance its market position [3] Bullish Trade - Ark Invest's Ark Fintech Innovation ETF (ARKF) acquired 34,746 shares of Bullish, valued at approximately $1.9 million with a closing price of $53.99 [4] - Bullish recently raised around $1.1 billion in its U.S. IPO and is expected to benefit from a significant crypto tailwind, although there are concerns regarding scalability [4] Amazon Trade - The ARK Next Generation Internet ETF (ARKW) purchased 13,087 shares of Amazon, valued at approximately $3 million based on a closing price of $229.95 [5] - This acquisition aligns with Amazon's recent launch of its Zoox robotaxi service, which features fully autonomous ride-hailing vehicles, positioning Amazon as a competitor to Tesla and Waymo [5] Figma Trade - ARKW ETF acquired 85,535 shares of Figma, valued at approximately $4.8 million with a closing price of $55.96 [6] - Despite mixed second-quarter results, including zero earnings per share against an 18-cent estimate, Figma's revenue exceeded expectations, leading to varied analyst ratings and price target adjustments [6] Other Key Trades - Ark Invest's ARKF purchased 286,026 shares of Klarna Group PLC, 78,149 shares of Toast Inc., and 35,309 shares of eToro Group Ltd. [8]
Cathie Wood's Ark Pivots: Sells Tempus AI After FDA Win, Loads Up On Amazon, Figma And This Trendy Crypto Stock - ARK Fintech Innovation ETF (BATS:ARKF), Amazon.com (NASDAQ:AMZN)