Palantir Dip After Q2 Print Doesn't Deter Cathie Wood As Ark Invest Buys $14M In Shares

Benzinga2023-08-09

On Tuesday, August 8, 2023, Cathie Wood-led Ark Invest made headlines by purchasing nearly $14 million worth of shares in Palantir Technologies Inc.This significant acquisition comes in the wake of ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Tootsieroll
2023-08-09
Tootsieroll
Lol market manipulation again. Cathie Wood haha

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1135258089?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-08-09 16:33","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1135258089","market":"us","top_or_hot":-1,"title":"Palantir Dip After Q2 Print Doesn't Deter Cathie Wood As Ark Invest Buys $14M In Shares","media":"Benzinga","content":"<div>\n<p>On Tuesday, August 8, 2023, Cathie Wood-led Ark Invest made headlines by purchasing nearly $14 million worth of shares in Palantir Technologies Inc.This significant acquisition comes in the wake of ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/23/08/33651868/palantir-post-q2-earnings-share-price-dip-doesnt-deter-cathie-wood-ark-invest-buys-14m-worth-of-\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Dip After Q2 Print Doesn't Deter Cathie Wood As Ark Invest Buys $14M In Shares</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Dip After Q2 Print Doesn't Deter Cathie Wood As Ark Invest Buys $14M In Shares\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-09 16:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/equities/23/08/33651868/palantir-post-q2-earnings-share-price-dip-doesnt-deter-cathie-wood-ark-invest-buys-14m-worth-of-><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Tuesday, August 8, 2023, Cathie Wood-led Ark Invest made headlines by purchasing nearly $14 million worth of shares in Palantir Technologies Inc.This significant acquisition comes in the wake of ...</p>\n\n<a href=\"https://www.benzinga.com/markets/equities/23/08/33651868/palantir-post-q2-earnings-share-price-dip-doesnt-deter-cathie-wood-ark-invest-buys-14m-worth-of-\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKW","symbol_name":"ARK Next Generation Internation ETF","start_time":0,"source_url":"https://www.benzinga.com/markets/equities/23/08/33651868/palantir-post-q2-earnings-share-price-dip-doesnt-deter-cathie-wood-ark-invest-buys-14m-worth-of-","article_id":"1135258089","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1135258089","pubTimestamp":1691570010,"sourceInfo":{"source_id":"lsy1606299360108","name":"Benzinga"},"weMediaInfo":null,"summary":"On Tuesday, August 8, 2023, Cathie Wood-led Ark Invest made headlines by purchasing nearly $14 million worth of shares in Palantir Technologies Inc.This significant acquisition comes in the wake of Pa","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKW":"ARK Next Generation Internation ETF","ARKF":"ARK Fintech Innovation ETF","PACB":"Pacific Biosciences of Californi","ROKU":"Roku Inc","ARKG":"ARK Genomic Revolution ETF","DKNG":"DraftKings Inc.","PLTR":"Palantir Technologies Inc.","ARKK":"ARK Innovation ETF"},"translate_title":"第二季度印刷后Palantir下跌没有阻止Cathie Wood，Ark Invest购买1400万美元股票","themeId":"b450f1d4aa0246ad9fdbfc0fc150ccb7","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARKF":1.1,"ARKG":1.1,"ARKK":1.1,"ARKW":1.1,"DKNG":1.1,"PACB":1.1,"PLTR":1.1,"ROKU":1.1},"content_text":"On Tuesday, August 8, 2023, Cathie Wood-led Ark Invest made headlines by purchasing nearly $14 million worth of shares in Palantir Technologies Inc.This significant acquisition comes in the wake of Palantir’s recent second-quarter earnings report, which aligned with estimates and included an announcement of a $1 billion buyback.The Palantir Trade: Wood-led Ark purchased 818373 Palantir shares through ARK Innovation ETF, ARK Next Generation Internet ETF, and Ark Fintech Innovation ETF respectively. At Tuesday’s closing price of $17.04, the transaction works out at $13.9 million.Palantir’s Q2 earnings showcased a 13% year-over-year increase in revenue, amounting to $533.32 million. This was consistent with consensus estimates.The AI-driven data software company also reported its third consecutive quarter of GAAP profitability. Following these results, several analysts updated their ratings and price targets for Palantir.Notably, Wedbush analyst Daniel Ives maintained an Outperform rating with a $25 price target. This purchase by Ark Invest is not isolated, as earlier in May, Cathie Wood had doubled down on Palantir, buying another stake worth $13 million.Other Key Trades:Ark Invest bought 253,233 shares of Pacific Biosciences Of California through the innovation fund and 65,137 shares through the ARK Genomic Revolution ETF.The Innovation ETF sold 305,286 shares of DraftKings Inc while the Next Generation Internet ETF and Fintech Innovation ETF sold 27,015 and 17,326 shares respectively.Ark Invest sold 194,019 shares of Roku Inc through multiple ETFs with the bulk of the transaction made through the Innovation ETF.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":207037654032608,"gmtCreate":1691575308154,"gmtModify":1691575311924,"author":{"id":"3575535431943242","authorId":"3575535431943242","name":"Tootsieroll","avatar":"https://static.tigerbbs.com/e1ec6090a100f45863daf6da5efcf9ad","vip":1,"crmLevel":8,"crmLevelSwitch":0,"authorIdStr":"3575535431943242","idStr":"3575535431943242"},"htmlText":"Lol market manipulation again. Cathie Wood haha","listText":"Lol market manipulation again. Cathie Wood haha","text":"Lol market manipulation again. Cathie Wood haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/207037654032608","repostId":1135258089,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":17,"commentSize":1,"repostSize":1,"favoriteSize":1,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1135258089"}