A RK Invest acquired 85,485 shares of Palantir Technologies totaling approximately $11.15 million across five exchange-traded funds. The firm simultaneously divested 44,446 shares of Advanced Micro Devices valued at $10.52 million from the same five funds.
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portfolio rotation ARK Invest Shifts AI Hardware Profits Into Government AI Software
Liquidity for ARK Invest was secured through the sale of 44,400 shares of Advanced Micro Devices. The fund used these funds to increase its holdings in Palantir. The U.S. military uses Palantir's Maven Intelligence Platform to identify targets in the Middle East. More than half of Palantir's U.S. revenue comes from the government, including the Department of Defense and U.S. Immigration and Customs Enforcement. These government contracts provide the company with earnings visibility.
These transactions, executed on April 10-11, 2026, represent a pivot from semiconductor hardware toward artificial intelligence software infrastructure.
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portfolio rotation ARK Invest Rotates Capital From Medical Hardware Into Genomic Data and Cloud Infrastructure
ARK Invest's portfolio risk exposure is now more sensitive to cloud buildouts, power availability, and the economics of scaling data centers. This shift follows a rotation toward data center capacity, precision medicine, and next-generation energy. On April 9, Cathie Wood sold 57,700 shares of Strata Critical Medical and 3,478 shares of BWX Technologies. The divestment from Strata Critical Medical follows a pattern of selling medical device companies that lack software and algorithm functionality. ARK Invest also reduced holdings in select semiconductor and internet names to fund purchases of 32,800 shares of GeneDx Holdings, a company that stores genomic data of rare diseases and pediatric illnesses, and 3,447 shares of Arcturus Therapeutics. The firm also bought $11 million of a megacap tech stock as part of a repositioning around compute, networking, and cloud capacity.
Palantir shares declined 7% on Thursday and 2% on Friday preceding the purchase. The downturn followed commentary from investor Michael Burry, who stated via X that Palantir's valuation reflects "bubble" characteristics. Burry cited the revenue growth and "Mythos" model of AI startup Anthropic as a competitive threat to Palantir's market share.
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growth investing Cathie Wood's Tesla Bets Bet on Robotaxis Over Auto Sales
ARK Invest spent $27.8 million on Tesla shares during a week in early April 2026. This occurred after Tesla's first-quarter 2026 delivery figures of 358,023 units fell short of projections of 370,000. The production-delivery gap exceeded 50,000 vehicles, the largest single-quarter disparity in the company's history. BYD has formally surpassed Tesla as the biggest producer of electric vehicles worldwide. Demand in one of Tesla's strongest markets declined after the $7,500 federal EV tax credit expired in 2025. JPMorgan analyst Ryan Brinkman maintains an "Underweight" rating with a price target of $145. ARK Invest's 2026 Tesla model predicts the robotaxi division will account for over half of the company's EBITDA and roughly 60% of its expected value. ARK's 2026 price target for Tesla is $4,600 per share.
Wedbush analyst Daniel Ives countered Burry's thesis, calling it a "fictional narrative" and maintaining a Buy rating with a $230 price target. Ives cited Palantir's 137% year-over-year expansion in U.S. Commercial segment revenue as evidence of robust market positioning.
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ai investing Cathie Wood Bets $55 Million on CoreWeave’s AI Infrastructure Despite Losses, Debt, and Client Concentration
Cathie Wood’s Ark Invest has purchased over $55 million in CoreWeave shares between February and April 2026, doubling down on a company that lost $1.17 billion in fiscal 2025. The investment reflects a high-stakes bet on AI infrastructure, even as CoreWeave’s financials reveal deepening losses, $10.31 billion in capital expenditures, and $21 billion in debt. Revenue did surge 168% to $5.13 billion, but 77% of 2024 revenue came from just two clients—exposing the company to concentration risk. Wood’s move comes as her flagship Ark Innovation ETF (ARKK) is down 11% year-to-date and has delivered a five-year annualized return of -10.7%, trailing the S&P 500’s 12.2%. Her strategy continues to prioritize long-term disruption in AI, blockchain, and robotics over near-term profitability. Beyond CoreWeave, Wood has acquired stakes in OpenAI, Kodiak AI, and Oklo, betting that collapsing AI training costs will drive demand for autonomous systems and abundant low-carbon power. She now forecasts global GDP growth of 7% to 8%—a level unseen in decades—fueled by AI and next-generation infrastructure.
Palantir's U.S. Commercial segment revenue expanded 137% year-over-year.
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short selling Michael Burry bets on a $77 gap between Palantir's price and its value
A $77 gap exists between Palantir's current trading price of $127 and Michael Burry's estimate of the company's fundamental value. Burry describes the company as "wildly overvalued" and believes it is worth less than $50 per share. He has maintained this bearish position since late 2025, using long-dated put options, specifically June 2027 $50 puts and December 2026 $100 puts. The stock is down 28% in 2026 and 13% for the week. Wall Street analysts project an average price target of $194.61, implying a 53.4% upside based on 14 Buys, five Holds, and two Sells over the past three months. A short-term rebound occurred after Donald Trump praised the company's "great warfighting capabilities" on Truth Social, but the stock remains down for the year. Palantir shares are down 13% for the week.
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