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- Raymond10Raymond10
  ·2025-03-25
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  Cathie Wood Bets on Baidu as Chinese AI Buzz Intensifies, Ark Loads up on $12.4 Million Worth of Stock
  On Monday,Cathie Wood-ledArk Investmade significant trades, notably increasing its stake inBaidu Inc. This move comes amid Baidu’s recent advancements in artificial intelligence, positioning itself as a formidable player in the tech industry.The Baidu TradeArk Invest’s purchase ofBaidu Inc.shares on Monday was executed through itsARK Autonomous Technology & Robotics ETF andARK Next Generation Internet ETF . The funds acquired 44,623 and 84,828 shares respectively, totaling 129,451 shares. With
  Cathie Wood Bets on Baidu as Chinese AI Buzz Intensifies, Ark Loads up on $12.4 Million Worth of Stock
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This acquisition aligns with Baidu’srecent unveilingof its advanced AI models, ERNIE X1 and ERNIE 4.5, which aim to challenge leading competitors like OpenAI and DeepSeek. </p><p style=\"text-align: start;\"><strong>Other Key Trades:</strong></p><ul style=\"list-style-type: disc;\"><li><p><strong>Beam Therapeutics Inc</strong> – Ark Invest purchased 120,217 shares through <strong>ARKK</strong> and 22,946 shares via <strong>ARKG</strong>.</p></li><li><p><strong>UiPath Inc</strong> – A total of 161,225 shares were sold by <strong>ARKQ</strong> and 81,861 shares by <strong>ARKK</strong>.</p></li><li><p><strong>Iridium Communications Inc.</strong> – Acquired 120,343 shares through <strong>ARKK</strong>, 12,420 shares through <strong>ARKQ</strong> and 7,839 shares through <strong>ARKX</strong>.</p></li><li><p><strong>Roblox Corp</strong> – Sold 78,406 shares by <strong>ARKW</strong>.</p></li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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Robotics ETF (ARKQ)</strong> and <strong>ARK Next Generation Internet ETF (ARKW)</strong>. The funds acquired 44,623 and 84,828 shares respectively, totaling 129,451 shares. With Baidu’s closing price at $95.87, the investment amounts to approximately $12.41 million. This acquisition aligns with Baidu’srecent unveilingof its advanced AI models, ERNIE X1 and ERNIE 4.5, which aim to challenge leading competitors like OpenAI and DeepSeek. </p><p style=\"text-align: start;\"><strong>Other Key Trades:</strong></p><ul style=\"list-style-type: disc;\"><li><p><strong>Beam Therapeutics Inc</strong> – Ark Invest purchased 120,217 shares through <strong>ARKK</strong> and 22,946 shares via <strong>ARKG</strong>.</p></li><li><p><strong>UiPath Inc</strong> – A total of 161,225 shares were sold by <strong>ARKQ</strong> and 81,861 shares by <strong>ARKK</strong>.</p></li><li><p><strong>Iridium Communications Inc.</strong> – Acquired 120,343 shares through <strong>ARKK</strong>, 12,420 shares through <strong>ARKQ</strong> and 7,839 shares through <strong>ARKX</strong>.</p></li><li><p><strong>Roblox Corp</strong> – Sold 78,406 shares by <strong>ARKW</strong>.</p></li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IRDM":"铱星通讯","ARKQ":"ARK Autonomous Technology & Robotics ETF","ARKX":"ARK Space Exploration & Innovation ETF","PATH":"UiPath","BIDU":"百度","RBLX":"Roblox Corporation","ARKG":"ARK Genomic Revolution ETF","BEAM":"Beam Therapeutics, Inc.","ARKK":"ARK Innovation ETF","ARKW":"ARK Next Generation Internet ETF"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136905075","content_text":"On Monday, Cathie Wood-led Ark Invest made significant trades, notably increasing its stake in Baidu Inc. This move comes amid Baidu’s recent advancements in artificial intelligence, positioning itself as a formidable player in the tech industry.The Baidu TradeArk Invest’s purchase of Baidu Inc. shares on Monday was executed through its ARK Autonomous Technology & Robotics ETF (ARKQ) and ARK Next Generation Internet ETF (ARKW). The funds acquired 44,623 and 84,828 shares respectively, totaling 129,451 shares. With Baidu’s closing price at $95.87, the investment amounts to approximately $12.41 million. This acquisition aligns with Baidu’srecent unveilingof its advanced AI models, ERNIE X1 and ERNIE 4.5, which aim to challenge leading competitors like OpenAI and DeepSeek. Other Key Trades:Beam Therapeutics Inc – Ark Invest purchased 120,217 shares through ARKK and 22,946 shares via ARKG.UiPath Inc – A total of 161,225 shares were sold by ARKQ and 81,861 shares by ARKK.Iridium Communications Inc. – Acquired 120,343 shares through ARKK, 12,420 shares through ARKQ and 7,839 shares through ARKX.Roblox Corp – Sold 78,406 shares by ARKW.","news_type":1,"symbols_score_info":{"ARKW":1.1,"BEAM":1.1,"IRDM":1.1,"ARKG":1.1,"RBLX":1.1,"ARKX":1.1,"PATH":1.1,"ARKQ":1.1,"ARKK":1.1,"BIDU":1.1}},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}