CoreWeave, Inc. Class A Common StockARK increased exposure to CoreWeave, an AI infrastructure name, indicating positive investor sentiment.
ARK Invest, led by Cathie Wood, purchased approximately $36.9 million worth of Space Exploration Technologies Corp. shares last week, making SpaceX its largest stock buy. The firm acquired 316,963 shares across several funds, with about $19.7 million bought on August 5 after SpaceX shares fell 13.6% following its first public earnings report, and another roughly $13.2 million added as the stock rebounded nearly 16% on Friday. ARK also increased exposure to other AI infrastructure names including CoreWeave, Nvidia, and Cloudflare, while trimming positions in Palantir, Shopify, and Roblox.
CoreWeave, Inc. Class A Common StockARK increased exposure to CoreWeave, an AI infrastructure name, indicating positive investor sentiment.
NVIDIA CorporationARK increased exposure to Nvidia, an AI infrastructure name, indicating positive investor sentiment.
Cloudflare IncARK increased exposure to Cloudflare, an AI infrastructure name, indicating positive investor sentiment.
Shopify Inc
Space Exploration Technologies Corp. Class A Common StockARK bought $36.9M of SpaceX shares, making it the largest buy, after a price drop and rebound.
Palantir Technologies Inc.ARK trimmed its position in Palantir, indicating reduced investor interest.
Roblox CorpARK trimmed its position in Roblox, indicating reduced investor interest.