Cathie Wood Bets Another $1 Million On Tempus AI Despite Jim Cramer's Doubts, Dumps Crypto Stocks As Bitcoin Hits Fresh New Highs

On Thursday,Cathie Wood-ledArk Investmade significant trades involvingTempus AI Inc.TEM,Coinbase Global Inc.COIN,Robinhood Markets Inc.HOOD, andBlock Inc.XYZ.The Tempus AI Tradesaw Ark Invest making a notable acquisition of shares in the healthcare AI company. The trades were executed through theARK Genomic Revolution ETFARKGandARK Innovation ETFARKK. Ark added a total of 16,277 shares of Tempus AI, with 2,233 shares purchased by ARKG and 14,044 shares by ARKK. This move comes amid ongoing criticism from CNBC’sJim Cramer, who has repeatedly questioned theprofitability of Tempus AIin 2025. Despite the skepticism, Tempus AI’s first-quarter financial results were promising, with revenue reaching $255.74 million, exceeding estimates. The total value of Ark’s purchase on this day was nearly $970,109, based on the stock’s closing price of $59.60.Notably, on Wednesday, Ark had purchased Tempus shares worth $8.8 million.The Coinbase Tradeinvolved Ark Invest selling 16,627 shares of the cryptocurrency-trading platform through the ARKK ETF. This decision aligns with concerns over apotential decline in crypto trading activity, which could impact Coinbase’s stock performance. As Coinbase approaches its second-quarter earnings report, market analysts are cautious about the company’s ability to meet expectations. The total value of the shares sold was $6.5 million, based on the stock’s closing price of $388.96.The Robinhood Tradeincluded the sale of 58,504 shares of the retail-oriented trading platform via the ARKK ETF. This comes after Robinhood’s recentintroduction of staking servicesforEthereumETH/USDandSolanaSOL/USD, allowing users to earn rewards by contributing their crypto holdings. The total value of the shares sold was $5.8 million. The stock ended the day at $98.7 on Thursday.The Block Tradesaw Ark Invest offloading 24,780 shares of theJack Dorsey-led company through the ARKK ETF. This move follows aprevious significant saleof Block shares on Wednesday asBitcoinBTC/USDneared all-time highs. That trade was worth $6.6 million.Ark’s decision to reduce its stake in Block could be construed as a shift in focus towards other investment opportunities. The total value of the shares sold was $1.7 million. Block stock ended the day $68.76.Other Key Trades:Sold 62,732 shares ofRoku Inc(ROKU) through ARKK.Bought 179,242 shares ofTeradyne Inc(TER) via ARKK.Loading...Loading...Read Next:Peter Thiel ‘Red-Pilled’ Elon Musk, Mark Zuckerberg And Silicon Valley’s Elite At Critical Turning Points, Says Researcher Tracking Founders Fund’s InfluencePhoto Courtesy: Ira Lichi On Shutterstock.comThis story was generated usingBenzinga Neuroand edited byShivdeep DhaliwalETHGrayscale Ethereum Mini Trust (ETH) Common units of fractional undivided beneficial interest$27.836.63%Stock Score Locked: Edge Members OnlyBenzinga Rankings give you vital metrics on any stock – anytime.Unlock RankingsEdge RankingsMomentumN/APrice TrendShortMediumLongOverview$BTCBitcoin$115913.34-0.10%$ETHEthereum$2946.70-0.20%$SOLSolana$164.24-0.07%ARKGARK Genomic Revolution ETF$26.210.54%ARKKARK Innovation ETF$73.892.10%COINCoinbase Global Inc$396.676.10%HOODRobinhood Markets Inc$97.232.85%TEMTempus AI Inc$60.173.01%XYZBlock Inc$68.88-0.19%Market News and Data brought to you by Benzinga APIs© 2025 Benzinga.com. . .Posted In:EquitiesNewsMarketsETFs