On Monday, Cathie Wood– led Ark Invest carried out considerable trades including Tesla Inc. ( NASDAQ: TSLA), Pony AI Inc. ( NASDAQ: PONY), Taiwan Semiconductor Production Co. Ltd. ( NYSE: TSM), and Baidu Inc. ( NASDAQ: BIDU). These trades highlight Ark’s tactical positioning in the tech and AI sectors.
The Tesla Trade
Ark Invest offered 5,426 shares of Tesla throughout ARK Development ETF (BATS: ARKK) and ARK Next Generation Web ETF ( BATS: ARKW). With Tesla’s closing rate at $445.23, the sale totaled up to around $2.4 million.
Just recently, Tesla’s CEO, Elon Musk, stressed the business’s shift towards self-reliance in semiconductor production, marking a considerable departure from dependence on external providers like TSMC This tactical relocation is targeted at improving Tesla’s AI abilities, as highlighted by expert Ming-Chi Kuo
The Pony.ai Trade
ARK Autonomous Innovation & & Robotics ETF (BATS: ARKQ) bought 173,798 shares of Pony AI, valued at around $2.51 million based upon the closing rate of $14.45.
Pony AI has actually been making strides in self-governing driving, just recently commemorating the production of its 300th ARCFOX Alpha T5 robotaxi. This turning point, attained in cooperation with the BAIC Group, highlights Pony AI’s dedication to broadening its business services.
On the other hand, Pony.ai revealed the rates of its Hong Kong IPO at HK$ 139 per share (US$ 17.89 per ADS), raising about HK$ 6.7 billion from the sale of 48.25 million shares. Trading started on the Hong Kong Stock Market on Nov. 6 under the code “2026.” The business prepares to utilize the earnings to advance commercialization of its Level 4 self-governing driving innovation and broaden R&D efforts.
The TSMC Trade
ARK Area Expedition & & Development ETF (BATS: ARKX) obtained 16,598 shares of TSMC. The purchase, valued at an approximated at $4.9 million, comes as TSMC reported robust monetary outcomes for October, driven by strong need for innovative chips.
The business’s income development highlights its critical function in the semiconductor market, especially in fulfilling the requirements of tech giants like NVIDIA and Tesla.
The Baidu Trade
Ark’s ARKK and ARKQ ETFs purchased an overall of 94,095 shares of Baidu, totaling up to around $12.4 million. Regardless of difficulties dealt with by Chinese companies in U.S. listings, Baidu continues to be a considerable gamer in the AI sector. Regulative examination on both sides of the Pacific has actually increased, however Baidu’s tactical efforts in AI and innovation stay strong.
Other Secret Trades
- Ark Invest’s ARKF ETF offered 19,422 shares of SoFi Technologies Inc ( SOFI).
- ARKG ETF purchased 8,050 shares of CRISPR Therapies AG ( CRSP) and ARKK bought 52,489 shares.
- ARKG ETF obtained 10,488 shares of Beam Therapies Inc ( BEAM) while ARKK bought 68,382 shares.
- ARKK ETF offered 16,333 shares of GitLab Inc ( GTLB) and ARKW offered 2,351 shares.
- ARKX ETF offered 12,300 shares of Kratos Defense and Security Solutions Inc ( KTOS).
Benzinga’s Edge Stock Rankings show Tesla stock has a Worth in the 3rd percentile. Here is how it ranks versus its peers in the automobile market.
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This story was created utilizing Benzinga Neuro and modified by Shivdeep Dhaliwal