Cathie Wood Just Dropped $12.9 Million On This Trendy Robotaxi Stock, Ark Also Loads Up On Amazon Shares

Benzinga
2025.08.13 01:48
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Cathie Wood's Ark Invest made significant trades, acquiring 6,486 shares of Amazon valued at $1.44 million, reflecting confidence in its strong earnings and AI advancements. The ARKQ fund purchased 898,930 shares of Pony AI for $12.9 million, capitalizing on its 75.9% sales growth in Robotaxi services. Additionally, Ark's funds bought 330,122 shares of Archer Aviation, valued at $3.4 million, despite a disappointing earnings report, indicating optimism in future revenue streams. Other trades included shares in eToro, Natera, Guardant Health, and Kratos Defense.