{"id":3833,"date":"2026-04-02T08:36:22","date_gmt":"2026-04-02T08:36:22","guid":{"rendered":"https:\/\/www.europesays.com\/people\/3833\/"},"modified":"2026-04-02T08:36:22","modified_gmt":"2026-04-02T08:36:22","slug":"ark-loads-up-on-tem-stock-dumps-meta-shares","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/3833\/","title":{"rendered":"Ark Loads Up On TEM Stock, Dumps Meta Shares"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">On Wednesday,\u00a0Cathie Wood-led Ark Invest made significant trades, notably involving\u00a0Tempus AI Inc and\u00a0Meta Platforms Inc. These trades reflect Ark\u2019s strategic adjustments amidst evolving market conditions and company-specific developments.<\/p>\n<p class=\"yf-1fy9kyt\">ARK Genomic Revolution ETF and\u00a0ARK Space &amp; Defense Innovation ETF\u00a0increased their holdings in\u00a0Tempus AI by acquiring 12,649 and 72,290 shares, respectively. The shares closed at $46.76, marking a 4.24% decline.<\/p>\n<p class=\"yf-1fy9kyt\">This purchase aligns with Tempus\u2019 recent collaboration with Daiichi Sankyo, aiming to enhance AI-driven biomarker discovery in oncology. The collaboration seeks to leverage AI models for patient selection, potentially boosting the success rate of new treatments. The total value of the shares bought by Ark Invest in Tempus AI is approximately $3.97 million.<\/p>\n<p class=\"yf-1fy9kyt\">Don&#8217;t Miss:<\/p>\n<p class=\"yf-1fy9kyt\">ARK Blockchain &amp; Fintech Innovation ETF,\u00a0ARK Next Generation Internet ETF, and\u00a0ARKK, collectively sold 3,578 shares of\u00a0Meta Platforms. The stock closed at $594.89, experiencing a slight increase of 0.33%.<\/p>\n<p class=\"yf-1fy9kyt\">This move comes amid Meta\u2019s legal challenges, including a recent trial where the company was found negligent alongside Google\u2019s YouTube. Additionally, Meta was preparing for potential layoffs, directing some employees to work remotely. The New York Times has since reported that the Mark Zuckerberg-led company has laid off 700 workers.<\/p>\n<p>The total value of the shares sold by Ark Invest in Meta Platforms is approximately $2 million.<\/p>\n<p class=\"yf-1fy9kyt\">Ark Invest\u2019s\u00a0ARKK\u00a0fund sold 463,363 shares of\u00a0Archer Aviation Inc, with the stock closing at $5.56, up by 0.91%.<\/p>\n<p class=\"yf-1fy9kyt\">Archer Aviation is known for its advancements in urban air mobility, a sector gaining traction as companies explore sustainable transportation solutions. Notably, Archer co-founder Brett Adcock-linked AI robotics firm Figure showed off a humanoid robot at the White House on Wednesday.<\/p>\n<p>The sale of these shares amounts to approximately $2.57 million.<\/p>\n<p class=\"yf-1fy9kyt\">See Also:\u00a0You Saved for Retirement \u2014 <a href=\"https:\/\/www.benzinga.com\/money\/finance-advisors?nid=51526597&amp;utm_campaign=partner_feed&amp;utm_content=site&amp;utm_medium=partner_feed&amp;utm_source=yahooFinance\" rel=\"sponsored nofollow noopener\" data-i13n=\"elm:affiliate_link;elmt:premonetized\" target=\"_blank\" data-ylk=\"slk:But Do You Know What You&#039;ll Keep After Taxes?;elm:affiliate_link;elmt:premonetized;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;affiliate_link&quot;,&quot;yAffiliateService&quot;:&quot;premonetized&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;But Do You Know What You&#039;&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \">But Do You Know What You&#8217;ll Keep After Taxes?<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Ark Invest\u2019s\u00a0ARKK\u00a0and\u00a0ARKW\u00a0funds sold a total of 21,100 shares of\u00a0Block Inc. The stock closed at $60.01, with a modest increase of 0.2%.<\/p>\n<p class=\"yf-1fy9kyt\">Block recently received analyst upgrades from Rothschild &amp; Co. and Truist Securities. Investor sentiment has also been supported by CEO Jack Dorsey&#8217;s aggressive cost-cutting, including a roughly 40% workforce reduction, which is being viewed as a move toward a leaner and more efficient operating model.<\/p>\n","protected":false},"excerpt":{"rendered":"On Wednesday,\u00a0Cathie Wood-led Ark Invest made significant trades, notably involving\u00a0Tempus AI Inc and\u00a0Meta Platforms Inc. These trades reflect&hellip;\n","protected":false},"author":2,"featured_media":3834,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154],"tags":[4560,4559,618,1002],"class_list":{"0":"post-3833","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-mark-zuckerberg","8":"tag-ark","9":"tag-arkk","10":"tag-mark-zuckerberg","11":"tag-meta-platforms-inc"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116334204380384452","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/3833","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=3833"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/3833\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/3834"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=3833"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=3833"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=3833"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}