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Even As Bitcoin Charts New All-Time Highs, Cathie Wood's Ark Invest Keeps Selling Coinbase Shares — Offloads $68.7M Worth Of Stock
Monday, March 11, 2024 - 11:25pm | 648On Monday, Cathie Wood-led Ark Invest made a significant move by selling a large number of shares in Coinbase Global Inc (NASDAQ:COIN), even as Bitcoin (CRYPTO: BTC) hit all-time new highs on the same day. The COIN Trade(s) The firm sold a total of 270,365 shares through its flagship ARK Innovation...
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Cathie Wood's Ark Invest Says Joe Biden's AI Executive Order Likely To Benefit OpenAI, Anthropic: 'Could Disappear If The Administration Changes'
Tuesday, November 7, 2023 - 6:35am | 607Last week, President Joe Biden signed a landmark executive order on artificial intelligence, establishing new standards for AI safety and security. While the order has received praise from different sectors of the tech community, it has also raised some concerns about the stringent...
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Cathie Wood's Ark Invest Sells Tesla Shares Worth $15.9M, Bolsters Positions In Palantir By $14.9M
Thursday, September 21, 2023 - 11:20pm | 726On Thursday, Ark Invest, under the leadership of Cathie Wood, executed significant transactions, including the sale of Tesla Inc (NASDAQ:TSLA) shares and the purchase of Palantir Technologies Inc (NYSE:PLTR). The fund management company sold a total of 62,367 Tesla shares, valued at $15.94 million...
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Cathie Wood's Bullish Stance on Flying Cars: Ark Buys $3.9M Worth of Archer Aviation Shares
Monday, August 28, 2023 - 10:25pm | 675On Monday, Cathie Wood-led Ark Invest made a significant move by continuing its buying spree of Archer Aviation Inc (NASDAQ:ACHR) shares. The investment firm purchased shares worth nearly $3.9 million, emphasizing its bullish stance on the flying car company. The Archer Aviation Trade: In total,...