<div id="readability-page-1"><div><div>On Thursday, Cathie Wood‘s Ark Invest made significant trades involving Alibaba Group Holding Ltd (NYSE:BABA), Baidu Inc (NASDAQ:BIDU), Advanced Micro Devices Inc (NASDAQ:AMD), and Tempus AI Inc (NASDAQ:TEM). These trades reflect Ark’s strategic positioning in the tech sector, with purchases and sales across multiple funds.<h2>The Alibaba Trade</h2>Ark Invest made substantial purchases of Alibaba shares across the Ark Fintech Innovation ETF (BATS:ARKF), the ARK Innovation ETF (BATS:ARKK) and the ARK Next Generation Internet ETF (BATS:ARKW). The total acquisition amounted to 68,939 shares. Alibaba’s stock closed at $171.90 on Thursday, making the purchase worth nearly $11.85 million.This purchase aligns with Alibaba’s recent launch of a new AI chatbot integrated into its Quark app, which aims to transform Quark into a flagship consumer application with advanced AI functions. <h2>The Baidu Trade</h2>Ark Invest acquired a total of 54,194 shares of Baidu across its ARKK, ARK Autonomous Technology &amp; Robotics ETF (BATS:ARKQ), and ARKW funds. Baidu’s stock closed at $120.48, making the transaction worth $6.5 million. This purchase comes on the heels of Baidu’s strategic partnership with PostBus to launch an autonomous mobility service in Switzerland, enhancing its global autonomous driving ambitions. <h2>The AMD Trade</h2>Ark Invest sold 9,910 shares of AMD through its ARKW fund. AMD’s stock closed at $234.99. The total value of the AMD shares sold by Ark is approximately $2.3 millionThis sale follows recent market jitters over leaked specifications of future Ryzen chips, which have caused some volatility in semiconductor-themed ETFs. <h2>The Tempus AI Trade</h2>Ark Invest sold 57,247 shares of Tempus AI across its ARKG and ARKK funds. Tempus AI’s stock closed at $87.04. The transaction was calculated to be worth $4.98 million.This sale follows a recent study published by Tempus subsidiary Ambry Genetics, highlighting proactive exome reanalysis across diverse groups. The study highlighted Ambry's Patient for Life program, which automatically updates genetic results to improve access and promote fairer healthcare.<h2>Other Key Trades</h2><ul> <li>Sold 22,759 shares of SoFi Technologies Inc. (SOFI) through ARKF.</li> <li>Sold 11,856 shares of Roku Inc. (ROKU) through ARKW.</li> <li>Sold 10,829 shares of Shopify Inc. (SHOP) across ARKF and ARKW.</li> <li>Sold 8,905 shares of Roblox Corp (RBLX) through ARKW.</li> </ul>Benzinga's Edge Stock Rankings indicate Alibaba’s stock Quality is in the 43rd percentile. Here is how the stock stacks up on other metrics.<ul> <li>Marjorie Taylor Greene Slams Trump’s $40 Billion Argentina Bailout: ‘One Of The Grossest Things I’ve Ever Seen’</li> </ul>Photo: ChrisStock82 via Shutterstock.comThis story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal</div></div></div>

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Ark Invest, led by Cathie Wood, has made notable trades involving Alibaba, Baidu, AMD, and Tempus AI. The firm purchased 68,939 shares of Alibaba worth nearly $11.85 million, aligning with its new AI chatbot launch. It also acquired 54,194 shares of Baidu for $6.5 million, following a partnership for autonomous mobility. Conversely, Ark sold 9,910 shares of AMD valued at approximately $2.3 million amid market volatility. Additionally, it sold shares of Tempus AI and other companies, reflecting a strategic shift in its tech investments.

- Ark Invest made significant trades involving Alibaba, Baidu, AMD, and Tempus AI, reflecting a strategic positioning in the tech sector.  
- The firm purchased 68,939 shares of Alibaba worth nearly $11.85 million, aligning with its new AI chatbot launch, and acquired 54,194 shares of Baidu for $6.5 million following a partnership for autonomous mobility.  
- Additionally, Ark sold shares of AMD and Tempus AI, valued at approximately $2.3 million and $4.98 million respectively, amid market volatility and a recent study on genetic reanalysis.

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Ark Invest Dumps AMD Stock, Doubles Down On Chinese Tech Giants Alibaba And Baidu