Cathie Wood's Ark Invest Sells $4.3M In Palantir Shares Amid S&P 500 Buzz, Buys $6.8M Of AMD Stock
Cathie Wood's Ark Invest Sells $4.3M In Palantir Shares Amid S&P 500 Buzz, Buys $6.8M Of AMD Stock
The purchase comes in the wake of AMD's announcement of its upcoming "Advancing AI 2024" event, scheduled for October 10, 2024. The event will showcase the next-generation AMD Instinct accelerators and 5th Gen AMD EPYC server processors, as well as the company's Networking and AI PC updates. The company's growing AI solutions ecosystem will also be highlighted.On Tuesday, Cathie Wood-led Ark Invest made significant trades, with $Advanced Micro Devices (AMD.US)$ and $Palantir (PLTR.US)$ being the most prominent.
周二，凯西·伍德领导的ark进行了重要的交易， $美国超微公司 (AMD.US)$和页面。$Palantir (PLTR.US)$ 是最突出的。
The AMD Trade
AMD交易
Ark Invest purchased 47,717 shares of AMD. The trade was made by the $ARK Innovation ETF (ARKK.US)$ fund and represents 0.1251% of the ETF. Based on the closing price of AMD at $142.84 on the same day, the value of the trade is approximately $6.8 million.
ark购买了美国超微公司的47,717股股票。这笔交易是由 $ARK Innovation ETF (ARKK.US)$ fund and represents 0.1251% of the ETF. Based on the closing price of AMD at $142.84 on the same day, the value of the trade is approximately $680万.
The purchase comes in the wake of AMD's announcement of its upcoming "Advancing AI 2024" event, scheduled for October 10, 2024. The event will showcase the next-generation AMD Instinct accelerators and 5th Gen AMD EPYC server processors, as well as the company's Networking and AI PC updates. The company's growing AI solutions ecosystem will also be highlighted.
此次购买是在AMD宣布即将举行的“Advancing AI 2024”活动的后续期间，该活动计划于2024年10月10日举行。该活动将展示下一代AMD Instinct加速器和第五代AMD EPYC服务器处理器，以及公司的网络和AI PC更新。公司不断发展壮大的AI解决方案生态系统也将得到突显。
AMD is shifting its strategy to focus on mainstream and mid-range gaming GPUs to capture 40%-50% of the market, rather than competing directly with $NVIDIA (NVDA.US)$'s high-end offerings. Despite Nvidia holding 88% of the discrete GPU market, AMD has made moves like hiring key Nvidia talent and planning a $4.9 billion acquisition of AI server company ZT Systems to build scale. Both AMD and Nvidia stocks have faced recent selloffs despite strong performance.
AMD is shifting its strategy to focus on mainstream and mid-range gaming GPUs to capture 40%-50% of the market, rather than competing directly with $英伟达 (NVDA.US)$'s high-end offerings. Despite Nvidia holding 88% of the discrete GPU market, AMD has made moves like hiring key Nvidia talent and planning a $49亿 acquisition of AI server company Zt Systems to build scale. Both AMD and Nvidia stocks have faced recent selloffs despite strong performance.
The PLTR Trade
PLTR交易
Ark Invest sold 124,626 shares of Palantir. The trade was made by the ARKK fund and represents 0.0812% of the ETF. Based on the closing price of PLTR at $34.76 on the same day, the value of the trade is approximately $4.3 million.
Ark Invest出售了124,626股Palantir。交易由ARKk基金进行，占ETF的0.0812%。根据PLTR同一天的收盘价34.76美元计算，交易价格约为430万美元。
The sale comes after Palantir's stock soared by 14.08% following the announcement that the stock will join the $S&P 500 Index (.SPX.US)$.
The sale comes after Palantir's stock soared by 14.08% following the announcement that the stock will join the $标普500指数 (.SPX.US)$.
Palantir shares surged over 12% since Friday, driven by the company's inclusion in the S&P 500 and a new enterprise agreement with BP to enhance AI capabilities. CEO Alex Karp celebrated the S&P 500 milestone, and analysts like Dan Ives and Mariana Perez see it as a validation for Palantir's future profitability. However, price predictions for Palantir vary widely, with a 1-year average target of $27.79, reflecting potential downside, while top estimates go as high as $50.
自上周五起，Palantir股价上涨超过12%，受到公司被纳入标准普尔500指数以及与BP达成的新的企业协议来提升人工智能能力的推动。首席执行官Alex Karp为纳入标准普尔500指数表示庆祝，像Dan Ives和Mariana Perez这样的分析师则将其视为Palantir未来盈利能力的验证。然而，对于Palantir的股价预测存在很大的差异，1年的平均目标价为27.79美元，反映了潜在的下行风险，而最高估值可达50美元。
Other Key Trades:
其他关键交易:
Ark Invest sold shares of $Unity Software (U.US)$ from the ARKK fund. Ark Invest bought shares of $DraftKings (DKNG.US)$ for the ARKK fund.
Ark Invest bought shares of $Rubrik (RBRK.US)$ for the ARKW fund. Ark Invest sold shares of $Vuzix (VUZI.US)$ from the ARKW fund.
ark公司买入了$Intellia Therapeutics(NTLA.US)$和$ Twist Bioscience(TWST.US)$的股份作为其ARKG ETF的组合。$Unity Software (U.US)$ 从ARK基金中。Ark Invest购买了股票。 $DraftKings (DKNG.US)$ 对于ARK基金。
ark公司买入了intellia therapeutics的股份。$Rubrik (RBRK.US)$ 对于ARKW基金，Ark Invest出售了股票 $Vuzix (VUZI.US)$ 从ARKW基金中
This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal
本文使用Benzinga Neuro生成并由Shivdeep Dhaliwal编辑。
