Cathie Wood's Ark Invest Makes Strategic Moves Amid Market Volatility

Cathie Wood's Monday Moves: Ark Buys Tempus AI Dip And Airbnb Spike -- Goes Shopping For Coinbase Stock Amid Trump Tariff Crypto Meltdown - Airbnb (NASDAQ:ABNB)

On Monday, Cathie Wood's Ark Invest executed significant trades involving Airbnb Inc. ABNB, Coinbase Global Inc. COIN, Tempus AI Inc. TEM, and ARK 21Shares Bitcoin ETF ARKB amid a broader market sell-off. The Airbnb Trade Ark Invest's ARKF fund acquired 74,111 shares of Airbnb via Ark Fintech Innovation ETF ARKF. This move comes on the heels of Airbnb's impressive fourth-quarter performance, where it surpassed earnings expectations. The company's growth was fueled by increased bookings in "nights and experiences" and a shift in market share from traditional hotels. According to Airbnb's CFO, Ellie Mertz, the company has been attracting more users from classic hotels, contributing to its market share gains. The value of this trade is currently unavailable due to missing closing price data. For the day, ABNB stock rose 1.5% to close at $140.98, bringing the value of Ark's purchase to approximately $10.45 million. The Coinbase Trade Ark Invest's ARKW fund purchased 38,865 shares of Coinbase through ARK Next Generation Internet ETF ARKW. Based on Coinbase's closing price of $205.75 on Monday, this transaction was valued at $7.99 million. This acquisition aligns with the recent surge in the cryptocurrency market, driven by President Donald Trump's announcement of a strategic U.S. cryptocurrency reserve. Major cryptocurrencies, including Bitcoin BTC/USD, declined on Monday evening, erasing the gains they had made on Sunday due to the crypto reserve news. This downturn occurred as investors grew concerned about the impending tariffs proposed by the Trump administration on key U.S. trading partners: Canada, Mexico, and China. The Tempus AI Trade Ark Invest made significant buys of Tempus AI shares, adding 719 shares to ARK Genomic Revolution ETF ARKG and 9,100 shares to ARK Innovation ETF ARKK. The purchases totaled $500,082, as Tempus AI shares closed 9.34% lower at $50.93 on Monday. Despite Tempus AI's recent revenue miss in its fourth-quarter earnings, the company reported a better-than-expected EPS and provided strong guidance. This strategic move by Ark Invest suggests confidence in Tempus AI's future prospects. The value of this trade is currently unavailable due to missing closing price data. The ARKB Trade Ark Invest's ARKW fund sold 95,769 shares of ARK 21Shares Bitcoin ETF ARKB. ARKB ended Monday higher by 2.12% at $85.84. The sale was valued at $8.2 million. This decision follows a period of volatility in the cryptocurrency market, where Ark had previously sold shares amid a crypto meltdown. Other Key Trades: Sold 225,652 shares of Draftkings Inc (DKNG) from the ARKF fund.Purchased 8,933 shares of L3Harris Technologies Inc LHX through the ARKQ fund and 2,835 shares through ARKX. Sold 5,576 shares of Elbit Systems Ltd (ESLT) from the ARKQ fund and another 1,769 shares through ARKX. Image via Shutterstock Read Next: Nvidia, TSMC, Gitlab, AST Spacemobile, And Tesla: Why These 5 Stocks Are On Investors' Radars Today This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal $BTCBitcoin$83558.98-3.02%OverviewABNBAirbnb Inc$141.101.61%ARKBARK 21Shares Bitcoin ETF Common Shares of Beneficial Interests$86.422.81%ARKFARK Fintech Innovation ETF$36.83-3.26%ARKGARK Genomic Revolution ETF$23.23-5.65%ARKKARK Innovation ETF$53.15-4.48%ARKWARK Next Generation Internet ETF$103.87-2.98%COINCoinbase Global Inc$204.95-4.95%LHXL3Harris Technologies Inc$207.700.77%TEMTempus AI Inc$50.03-10.9%Market News and Data brought to you by Benzinga APIs

Cathie Wood's Buys The Dip In Tempus AI, Coinbase But Sells Ark's Bitcoin ETF Shares Amid Crypto Meltdown - ARK 21Shares Bitcoin ETF Common Shares of Beneficial Interests (BATS:ARKB)

On Tuesday, Cathie Wood-led Ark Invest made some significant trades, most notably buying into Tempus AI Inc. TEM and Coinbase Global Inc. COIN, while selling shares of ARK 21Shares Bitcoin ETF ARKB. The Tempus AI Trade Ark Invest purchased a significant number of shares of Tempus AI, despite the company's stock tumbling after reporting mixed fourth-quarter financial results. The firm's ARK Genomic Revolution ETF ARKG bought 78,570 shares, while the ARK Innovation ETF ARKK acquired a whopping 367,388 shares. The total value of these trades, calculated from the latest closing price of $59.10, is nearly $26.35 million. According to a Benzinga report, Tempus AI's revenue was up 35.8% year-over-year, with data and services revenue growing 44.6% to $80.2 million. Genomics revenue grew 30.6% year-over-year to $120.4 million, and unit growth came in at 22.5%. The Coinbase Trade Ark Invest also bought into Coinbase, with its ARK Next Generation Internet ETF ARKW purchasing 41,032 shares. This move comes after the Securities and Exchange Commission (SEC) announced plans to drop its lawsuit against the crypto exchange, a case that had been ongoing for nearly two years. On Tuesday, Coinbase shares ended the day at $212.49, the Ark trade was valued at $8.7 million. The ARK Bitcoin ETF Trade Interestingly, while Ark Invest bought into Coinbase, it sold off its stake in the ARK 21Shares Bitcoin ETF. The ARKW fund sold 98,060 shares of ARKB. This move coincides with a 9% correction in the total crypto market capitalization, as reported by Benzinga. Amid the decline, the apex cryptocurrency, Bitcoin BTC/USD retreated to three-month lows. ARKB shares ended the day at $87.86. The Ark transaction was valued at $8.6 million based on the closing price. Other Key Trades: Ark Invest's ARK Fintech Innovation ETF (ARKF) and ARKK sold 70,367 and 49,782 shares of Draftkings Inc. (DKNG) respectively. ARKF purchased 20,174 shares of Kaspi.kz AO (KSPI). The firm's ARKG fund sold 850,919 shares of Accolade Inc. (ACCD) and bought 103,430 shares of Recursion Pharmaceuticals Inc. (RXRX) and 97,505 shares of Absci Corp (ABSI). ARKK sold 107,159 shares of Roku Inc. (ROKU) and 430,483 shares of SoFi Technologies Inc. (SOFI) while buying 39,418 shares of Iridium Communications Inc. (IRDM). Image Via Shutterstock Read Next: Market Could Enter A 'Real Correction,' Expert Warns, Highlights 2 'Recession-Resistant' Companies This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal $BTCBitcoin$88667.630.11%OverviewARKBARK 21Shares Bitcoin ETF Common Shares of Beneficial Interests$87.41-6.80%ARKGARK Genomic Revolution ETF$25.33-4.38%ARKKARK Innovation ETF$56.38-4.57%ARKWARK Next Generation Internet ETF$110.59-1.62%COINCoinbase Global Inc$213.50-5.98%TEMTempus AI Inc$58.89-15.3%Market News and Data brought to you by Benzinga APIs

Cathie Wood Buys The Dip In Tempus AI, Coinbase But Sells Ark's Bitcoin ETF Shares Amid Crypto Meltdown - ARK 21Shares Bitcoin ETF Common Shares of Beneficial Interests (BATS:ARKB)

On Tuesday, Cathie Wood-led Ark Invest made some significant trades, most notably buying into Tempus AI Inc. TEM and Coinbase Global Inc. COIN, while selling shares of ARK 21Shares Bitcoin ETF ARKB. The Tempus AI Trade Ark Invest purchased a significant number of shares of Tempus AI, despite the company's stock tumbling after reporting mixed fourth-quarter financial results. The firm's ARK Genomic Revolution ETF ARKG bought 78,570 shares, while the ARK Innovation ETF ARKK acquired a whopping 367,388 shares. The total value of these trades, calculated from the latest closing price of $59.10, is nearly $26.35 million. According to a Benzinga report, Tempus AI's revenue was up 35.8% year-over-year, with data and services revenue growing 44.6% to $80.2 million. Genomics revenue grew 30.6% year-over-year to $120.4 million, and unit growth came in at 22.5%. The Coinbase Trade Ark Invest also bought into Coinbase, with its ARK Next Generation Internet ETF ARKW purchasing 41,032 shares. This move comes after the Securities and Exchange Commission (SEC) announced plans to drop its lawsuit against the crypto exchange, a case that had been ongoing for nearly two years. On Tuesday, Coinbase shares ended the day at $212.49, the Ark trade was valued at $8.7 million. The ARK Bitcoin ETF Trade Interestingly, while Ark Invest bought into Coinbase, it sold off its stake in the ARK 21Shares Bitcoin ETF. The ARKW fund sold 98,060 shares of ARKB. This move coincides with a 9% correction in the total crypto market capitalization, as reported by Benzinga. Amid the decline, the apex cryptocurrency, Bitcoin BTC/USD retreated to three-month lows. ARKB shares ended the day at $87.86. The Ark transaction was valued at $8.6 million based on the closing price. Other Key Trades: Ark Invest's ARK Fintech Innovation ETF (ARKF) and ARKK sold 70,367 and 49,782 shares of Draftkings Inc. (DKNG) respectively. ARKF purchased 20,174 shares of Kaspi.kz AO (KSPI). The firm's ARKG fund sold 850,919 shares of Accolade Inc. (ACCD) and bought 103,430 shares of Recursion Pharmaceuticals Inc. (RXRX) and 97,505 shares of Absci Corp (ABSI). ARKK sold 107,159 shares of Roku Inc. (ROKU) and 430,483 shares of SoFi Technologies Inc. (SOFI) while buying 39,418 shares of Iridium Communications Inc. (IRDM). Image Via Shutterstock Read Next: Market Could Enter A 'Real Correction,' Expert Warns, Highlights 2 'Recession-Resistant' Companies This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal $BTCBitcoin$88849.800.32%OverviewARKBARK 21Shares Bitcoin ETF Common Shares of Beneficial Interests$87.41-0.51%ARKGARK Genomic Revolution ETF$25.340.80%ARKKARK Innovation ETF$56.731.30%ARKWARK Next Generation Internet ETF$110.593.02%COINCoinbase Global Inc$216.001.65%TEMTempus AI Inc$61.864.67%Market News and Data brought to you by Benzinga APIs