Cathie Wood's Thursday Plays: Healthcare AI And Crypto — Ark Scoops Up Tempus AI and Coinbase Stock Amid Trump Tariff Crash
Benzinga (Thu, 10-Apr 10:12 PM)
On Thursday, Cathie Wood-led Ark Invest made notable trades, prominently featuring Tempus AI Inc (NASDAQ:TEM) and Coinbase Global Inc (NASDAQ:COIN). The trades came as Wall Street reversed Wednesday's rally with a sharp selloff, as cooling inflation and hopes for Fed cuts were overshadowed by economic uncertainty and a 145% China tariff announcement by the Trump administration.
The Tempus AI Trade
Ark Invest’s flagship fund, the ARK Innovation ETF (NYSE:ARKK), acquired 48,909 shares of Tempus AI Inc. (NASDAQ:TEM), valued at approximately $1.97 million based on the closing price of $40.29.
Tempus AI has ...
