DoorDash Trade - Ark Invest significantly increased its stake in DoorDash by purchasing 25,581 shares, amounting to approximately $7.2 million, with the stock closing at $281.74, a 3.88% increase [2] - This purchase followed the announcement of a multi-year partnership with Criteo S.A. to enhance advertising opportunities on DoorDash's platform, aiming to capitalize on the growth of retail media [3] Alibaba Trade - Ark Invest acquired 4,449 shares of Alibaba, valued at around $832,000, with the stock closing at $187.22 [4] - Alibaba's stock has gained over 120% year-to-date, driven by its focus on cloud computing and artificial intelligence [4] - Ark Invest has been consistently buying Alibaba shares, with recent purchases totaling $2.74 million, $5.5 million, and $4.1 million over the past week [5] Brera Holdings Trade - Ark Invest reduced its stake in Brera Holdings by selling 54,400 shares, valued at roughly $1.2 million, with the stock closing at $21.91, down 11.94% [6] - The stock had previously surged by 225% due to its Solana Treasury Strategy but has since experienced a pullback [6] Rocket Lab Trade - Ark Invest sold 86,326 shares of Rocket Lab Corp, valued at nearly $5 million, with the stock closing at $58.50, up by 4.17% [8] - Rocket Lab announced a multi-launch contract with Synspective, adding 10 more launches to its portfolio, indicating its growing presence in the satellite launch market [8] Other Key Trades - Ark Invest purchased 1,740 shares of MercadoLibre Inc. and sold 180,169 shares of Adaptive Biotechnologies Corp [9] - Additionally, Ark bought 254,642 shares of ATAI Life Sciences NV and acquired shares of L3Harris Technologies Inc. [11]
Cathie Wood Unloads This Rocket Stock, Pours $7M Into DoorDash—But Won't Stop Buying This Chinese Giant - Alibaba Gr Hldgs (NYSE:BABA)