Cathie Wood Just Dumped $7.4 Million Worth Of Palantir And AMD Shares — Here's What Ark Is Buying Instead - Advanced Micro Devices (NASDAQ:AMD), ARK Innovation ETF (BATS:ARKK)

Key Trades Summary - Ark Invest executed significant trades involving Palantir Technologies, Advanced Micro Devices, Pacific Biosciences of California, and DoorDash on Thursday [1][2][4][5][6] Palantir Technologies Trade - ARK Space Exploration & Innovation ETF sold 19,954 shares of Palantir, valued at approximately $3.9 million based on a closing price of $194.55 [2] - This sale is part of a broader selling trend, with Ark having sold $4.1 million worth of shares on Tuesday and $2.63 million on Monday [3] Advanced Micro Devices Trade - ARK Autonomous Technology & Robotics ETF sold 13,651 shares of AMD for about $3.5 million at a closing price of $254.84 [4] - This sale follows AMD's $1 billion partnership with the U.S. government to develop supercomputers, aimed at enhancing America's leadership in high-performance computing [4] Pacific Biosciences of California Trade - ARK Innovation ETF acquired 633,420 shares of Pacific Biosciences, valued at approximately $1.23 million at a closing price of $1.94 [5] - This purchase is in anticipation of the company's upcoming financial results, expected to be released on November 5 [5] DoorDash Trade - ARKX ETF bought 2,045 shares of DoorDash, totaling roughly $519,573 at a closing price of $254.07 [6] - This acquisition follows analyst expectations that DoorDash may exceed third-quarter targets and raise its outlook post-Deliveroo acquisition [6]