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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)
Benzinga· 2025-09-12 00:57
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]
Amazon kicks off Zoox robotaxi service in Las Vegas
Proactiveinvestors NA· 2025-09-10 14:55
About this content About Sean Mason Sean Mason is a Senior Journalist at Proactive, having researched and written about Canadian and US equities for 20 years. Sean graduated from the University of Toronto with a BA in history and economics and has also passed the Canadian Securities Course. He previously worked at Investors Digest of Canada, Stockhouse, and SmallCapPower.com. Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and action ...