Elon's Greatest Invention... Hidden in South Memphis?

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Cathie Wood Loads Up On $18.2 Million Worth Of Nvidia Stock, Adds $5.8 Million Worth Of Amazon Shares To Her Shopping Cart Amid Trump Tariff Upheaval

Shivdeep Dhaliwal
April 08, 2025

On Tuesday, Cathie Wood-led Ark Invest made significant trades involving major companies such as Amazon.com Inc. (NASDAQ:AMZN), NVIDIA Corp. (NASDAQ:NVDA), Tempus AI Inc. (NASDAQ:TEM), and Coinbase Global Inc. (NASDAQ:COIN) These trades reflect Ark’s strategic positioning in the market amidst fluctuating stock prices.

The Amazon Trade saw Ark Fintech Innovation ETF (NYSE:ARKF), ARK Innovation ETF (NYSE:ARKK), and ARK Autonomous Technology & Robotics ETF (BATS:ARKQ) funds acquiring a total of 33,746 shares of Amazon. The stock closed at $170.66, marking a decrease of 2.62% from the previous day. This purchase is valued at approximately $5.76 million. Amazon recently announced a new AI model, Amazon Nova Sonic, which aims to revolutionize real-time voice interactions. However, potential challenges loom as tariffs could impact Amazon’s operations, as highlighted by Mark Cuban’s recent comments.

The Nvidia Trade involved Ark Invest’s ARKK fund purchasing 188,980 shares of NVIDIA Corp . With a closing price of $96.30, the trade is valued at around $18.2 million. NVIDIA’s shares have been in focus along with other major tech stocks after tariffs were imposed by the Trump administration. Over the last 5 days, the stock has dipped over 10%.

The Tempus AI Trade included Ark’s ARKK fund buying 46,790 shares of the company, valued at approximately $1.74 million with a closing price of $37.23. Despite a significant decline of 12.81% in its stock price, Ark continues to show confidence in Tempus AI, following a previous substantial investment in the company.

The Coinbase Trade saw Ark’s ARKF, ARKK, and ARK Next Generation Internet ETF (NYSE:ARKW) funds collectively purchasing 31,730 shares of Coinbase Global. With a closing price of $151.47, this acquisition is valued at about $4.81 million. Coinbase remains a key player in the cryptocurrency market, and Ark’s continued investment underscores its belief in the company’s long-term potential.

Other Key Trades:

  • Sold shares of UiPath Inc across ARKF, ARKK, and ARKQ funds.
  • Bought shares of GitLab Inc. in the ARKK fund.
  • Bought shares of Baidu Inc. in the ARKQ fund.
  • Sold shares of Discovery Ltd in the ARKF fund.

Image via Shutterstock

Read Next: 

  • Peter Schiff Says Nike ‘Won’t Build Factories’ In US, They Will Sell To Countries Like China: A Much Better Strategy Amid Trump Tariffs

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Continue Reading...

Popular

Trump to offer automakers some relief on his 25% tariffs, after worries they could hurt US factories

WASHINGTON (AP) — President will sign an executive order Tuesday to relax some of his 25% tariffs on autos and auto parts, the White House said, a significant reversal as the import taxes threatened to hurt domestic manufacturers.

Warren Buffett's Top Stock Picks Now Come With a 15% Income Bonus Through This Fund

A new ETF is offering investors the chance to follow in the footsteps of one of the world's most successful investors and earn income at the same time.

Trump to Unlock 15-Figure Fortune for America (May 3rd)? - Ad

This map looks ordinary--but according to insider Jim Rickards, it reveals a hidden government asset so massive . Trump may soon unlock it--learn how to position yourself before it's too late!

What's Going On With Verizon (VZ) Stock During Monday's Session?

Verizon shares are trading marginally higher during Monday's session, following Friday's drop. The stock dropped last week in reaction to rival T-Mobile US earnings.

FDA scrutiny of Novavax COVID-19 vaccine sparks uncertainty about other shots

WASHINGTON (AP) — The Trump administration's new requirements on — the nation's only for the coronavirus — is sowing uncertainty about updates to other vaccines, too.

Biggest Dividend Payout in U.S. History: $1 Trillion up for Grabs! - Ad

Trump just launched a $1 trillion National Investment Fund to replace income taxes and send direct payouts to Americans. You could claim up to $21,307--before the first public checks go out. This is historic. Act now to be first in line.

Trump's Autonomous Vehicles Stance, Bezos Vs. Tesla, And More: This Week In Mobility

Autonomous driving & EV have seen significant developments this week: Trump's change of heart, Bezos-backed startups, & Tesla's declining sales.

What Caused Sam Altman-Founded World Network Token To Soar 57% in a Week?

World Network (WLD) outperformed some of the market’s most valued cryptocurrencies after soaring more than 50% over the week.  What happened: WLD, the native currency of the decentralized identity verification project, jumped 57.48% in the last seven days, becoming the sixth-largest market gain in the period. 

One Coin to Rule Them All... - Ad

Hardly any investors are talking about this coin but I believe that's about to change with some potentially huge news! Get in on the ground floor while it's rock bottom with this new how-to guide, just $3.

UnitedHealth, T-Mobile And Fiserv Are Among Top 12 Large-Cap Losers Last Week (Apr 21-Apr 25): Are The Others In Your Portfolio?

The worst performing large-cap stocks last week were Fiserv, Northrop Grumman, Erie Indemnity, T-Mobile, Watsco, Gold Fields, Aon, AngloGold Ashanti, Ryan Specialty, Tyler Technologies, Kimberly-Clark, and UnitedHealth Group.

GM Q1 Earnings On Tap: 2025 Could Be The Year 'Margins Surprise'

GM to report Q1 earnings on Tuesday, with EPS of $2.73 and revenues of $43.15 billion expected. Stock has gained 2.65% in past year, but down 8% YTD.

Brace Yourself for Jeff Bezos' "Amazon Helios" - Ad

Amazon delivers 20 million packages a day... powers some of the most popular websites... delivers medication to half of the U.S. population... and even produces award-winning films and TV shows. But a Wall Street legend -- twice featured on 60 Minutes -- predicts that "Amazon Helios" will be bigger than all of those... COMBINED.

Billionaire John Paulson Buys $800 Million Stake In Alaskan Gold Mine As Gold Hits Record Highs

Billionaire John Paulson has been building his miners portfolio for many years and is well-positioned to benefit from the soaring price of gold. 

Trump Exec Order to Help Restore Wealth for American Citizens? - Ad

Thanks to President Trump's Executive Order 14179, a brief "AI Wealth Window" is opening now. Genius investor James Altucher has released 3 AI wealth-building strategies to take advantage of Trump's genius Executive Order 14179. James believes you could see $10,000 grow to $1 MILLION or more over the next few years.

Financial Crime Weekly: Man Charged With Operating $198 Million Crypto Ponzi Scheme

The Securities and Exchange Commission filed charges on Tuesday against Ramil Palafox, accusing him of running a fraudulent investment scheme that collected nearly $198 million from Bitcoin (CRYPTO: BTC) and foreign exchange inve

Consumer Tech News (Apr 21-Apr 25): Microsoft's Copilot Gets a Sleek New Look, Apple Under Fire For 'Influence-Peddling' In US-China Trade & More

Sen. Elizabeth Warren requests answers from Apple Inc. CEO Tim Cook over alleged influence-peddling between Apple and Trump administration in trade negotiations with China. Tech companies release mixed earnings results.

Maverick Trader Reveals 97% Accurate System - Ad

This man's simple strategy makes money in any market...With a 97% accuracy at hitting winners over the past 8 years!

Top "60 Minutes" producer quits, saying he can no longer run the show as he has

NEW YORK (AP) — The top producer at “60 Minutes” said Tuesday that he is quitting the show, saying that it has become clear that he would no longer be able to run it as he has in the past.

A "Backdoor" Way to Claim a Stake in Elon's Optimus Before Its Launch - Ad

In 2017, Elon Musk went on record to say his Optimus could be "capable of doing anything". One Silicon Valley insider has identified a little-known "backdoor" way to invest in Optimus before its launch. This under-the-radar play could deliver astronomical returns - and you can get started with as little as $100.

Okta Stock Is Climbing After The Bell: Here's The News Bringing Buyers In

Okta shares are rising in extended trading Monday following an announcement that the company will be added to the S&P MidCap 400.

The Most Important "AI Stock" You've Never Heard Of - Ad

The AI revolution is moving faster than anyone expected. But what no one is talking about is the one company AI simply can't exist without. It may be the single most important AI investment, yet most people don't even know its name. For now. The moment Wall Street catches on, this $20 stock could explode.

Canadians put off by Trump's bluster and border arrests are booking far fewer US visits

VANCOUVER, British Columbia (AP) — Diana and Rick Bellamy initially planned to take a Caribbean cruise out of Houston before heading to Laurel, Mississippi, to visit the home of one of their favorite HGTV shows, “Home Town.”

IRS whistleblower on Hunter Biden is out as acting commissioner just days after getting the job

WASHINGTON (AP) — Just days after to acting IRS commissioner, the whistleblower who testified publicly about investigations into Hunter Biden’s taxes is out of the job, according to three people familiar with the decision.

New Study: 50 Stocks Will Crash While 7 MAGA Stocks Will Soar - Ad

If you own any of these stocks -- directly or through mutual funds -- I want to encourage you to sell them before April 30th. I've compiled all 50 companies in my "MAGA Blacklist" report. Your retirement could depend on seeing this list.

You Can Take a Stake in Elon's xAI Before May 1st... - Ad

Elon Musk's private AI firm xAI may have just leapfrogged ChatGPT and Google's Gemini--building what experts call the future of AI. For the first time, you can take a stake starting at $500.

Meet the Key Five People Who Are Shaping Trump's Economic Agenda

In the midst of a broad tariff agenda that has caused turmoil in financial markets, President Trump is relying on a diverse group of economic advisers to guide his policies.

Elon's Greatest Invention... Hidden in South Memphis? - Ad

Tech legend Jeff Brown recently traveled to the industrial zone of South Memphis to investigate what he believes will be Elon's greatest invention ever... Yes, even bigger than Tesla or SpaceX.

Elon Musk's DOGE Saves $160 Billion But Could Lead To Billions In Hidden Costs For Taxpayers, Warns New Analysis: 'Public...Will End Up Paying For This'

The Department of Government Efficiency (DOGE), spearheaded by Elon Musk, has reportedly saved $160 billion by eliminating wasteful government spending. However, a recent analysis reveals the amount that DOGE's actions will cost taxpayers.

Yale Classmates Urge Bessent To Reconsider Trump White House Role — Treasury Secretary Calls It an 'Honor'

A group of Yale University alumni publicly appealed to Treasury Secretary Bessent, urging him to reevaluate his position within the Trump administration.

World Economic Forum: "Arguably the Most Exciting Human Discovery Since Fire" - Ad

Sam Altman, Bill Gates, and Mark Zuckerberg are all investing vast sums of money into a radical technology. According to Bloomberg, this could become 10 times bigger than AI, quantum computing, electric vehicles, cryptocurrencies, and robotics combined. And one stock is at the center of it all.

Tesla Stock Pulls Back Following Best Week Of 2025: What's Going On?

Tesla shares are trading lower by 3.75% during Monday's session. The stock is pulling back amid overall market weakness following last week's 24% gain, its best performance of 2025.

Despite a court order, White House bars AP from Oval Office event

Despite a court order, a reporter and photographer from The Associated Press were barred from an Oval Office news conference on Monday with President Donald Trump and his counterpart from El Salvador, Nayib Bukele.

Elon's Optimus Could Mint New American Millionaires - Ad

Elon Musk's upcoming Optimus robot could turn him into the world's first trillionaire. Morgan Stanley has already gone on record to say that Optimus could be part of a $30 trillion opportunity... And one Silicon Valley insider has uncovered a way for Americans to potentially profit from Optimus BEFORE it gets rolled out.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service