Tesla Trade - Ark Invest sold 86,139 shares of Tesla through ARK Innovation ETF, amounting to approximately $37.8 million based on a closing price of $439.20 [2] - Dan Ives from Wedbush Securities predicts Tesla will control 80% of the market by year-end, with a base price target of $600 and a bull case of $800 for Tesla stock [2] Broadcom Trade - Ark Invest purchased 143,089 shares of Broadcom through ARK Next Generation Internet ETF and ARKK, with transactions valued at about $48.6 million based on a closing price of $339.89 [3] - Broadcom's shares have recently declined due to a security directive from Beijing, which has raised concerns over data security and impacted the stock [4] TSMC Trade - Ark Invest sold 19,310 shares of TSMC through ARKW, valuing the transaction at approximately $6.3 million based on a closing price of $327.11 [5] - TSMC has informed Nvidia and Broadcom that it cannot meet their production capacity demands, highlighting constraints in the AI chip market amid surging demand [5] Other Key Trades - Ark Invest sold 3,834 shares of Teradyne Inc. and 4,756 shares of Natera Inc. through ARKK, while purchasing 72,320 shares of Kodiak AI Inc. via ARKQ [6]
Cathie Wood Dumps $38 Million Worth Of Tesla Stock Amid Robotaxi Optimism, Buys Shares of This Chipmaker Despite China Crackdown - Tesla (NASDAQ:TSLA)