On Monday, Cathie Wood-led Ark Invest made significant trades involving Amazon.com Inc. (NASDAQ:AMZN) and DoorDash Inc. (NASDAQ:DASH).
The Amazon Trade
Ark Invest’s purchase of 3,492 shares of Amazon.com Inc. was executed through the ARK Space & Defense Innovation ETF (BATS:ARKX). This acquisition, valued at approximately $866,994, comes on the heels of Amazon’s expanded deal with Anthropic, which was announced on the same day. The agreement involves Anthropic committing over $100 billion to Amazon Web Services over the next decade, enhancing Amazon’s AI infrastructure with Trainium3 capacity. Additionally, Amazon has increased its investment in Anthropic by $5 billion, with potential for an additional $20 billion based on commercial milestones. This …
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