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Cathie Wood Hitches A Ride on George Soros-Backed Driverless Truck Company Kodiak AI, Doubles down on China AI Bets Alibaba And Baidu

Cathie Wood-led Ark Invest made significant trades on Thursday, focusing on major companies like Alibaba Group Holding Ltd (NYSE:BABA), Baidu Inc (NASDAQ:BIDU), Brera Holdings PLC (N

Cathie Wood Hitches A Ride on George Soros-Backed Driverless Truck Company Kodiak AI, Doubles down on China AI Bets Alibaba And Baidu

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These trades reflect Ark’s strategic positioning in the tech and innovation sectors.</p><h3 id=\"id_62377822\" style=\"text-align: start;\">The Alibaba Trade</h3><p>Ark Invest’s flagship fund, <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>, acquired 14,453 shares of Alibaba on Thursday. This purchase comes as Alibaba’s stock surged past its 52-week high, closing at $189.34. The trade is valued at approximately $2.74 million.</p><p>The rise in Alibaba’s stock is attributed to its mapping and local services platform, Amap, reaching a record 360 million daily users during China’s National Day holiday. This milestone, along with new AI-driven features, has significantly boosted investor confidence. </p><h3 id=\"id_2921905579\" style=\"text-align: start;\">The Baidu Trade</h3><p>On the same day, ARKK also purchased 45,478 shares of  <a href=\"https://laohu8.com/S/BIDU\">Baidu</a>, valued at around $6.4 million, with the stock closing at $140.23.</p><p>Baidu’s Apollo Go robotaxi business is expanding globally, targeting markets like Australia and Southeast Asia. This expansion is part of Baidu’s strategy to compete with giants like Waymo and <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>. Baidu’s recent achievements include securing 50 trial licenses in Dubai, allowing the company to expand its fleet to approximately 100 cars in the UAE. </p><p>On Wednesday, Ark purchased $2.97 million worth of Baidu shares, and on Tuesday, it bought $6.9 million worth.</p><h3 id=\"id_495650773\" style=\"text-align: start;\">The Brera Holdings Trade</h3><p>Ark Invest decided to sell 44,209 shares of  <a href=\"https://laohu8.com/S/BREA\">Brera Holdings PLC</a><strong> </strong>from its ARKK fund, with the stock closing at $25.20. The sale is valued at approximately $1.1 million.</p><p>Brera Holdings recently experienced a substantial rally after announcing a Solana treasury strategy, which saw its shares jump before a pullback. </p><p>The Wood-backed firm jetisoned $2.5 million worth of Brera Holdings stock on Wednesday, and $6.6 million worth of shares were sold on Tuesday. Last month, Ark invested $162 million in Brera Holdings by buying 6,500,001 shares.</p><h3 id=\"id_1219964738\" style=\"text-align: start;\">The Kodiak AI Trade</h3><p>In a notable move,  <a href=\"https://laohu8.com/S/ARKQ\">ARK Autonomous Technology &amp; Robotics ETF</a>  purchased 190,165 shares of the George Soros-backed Kodiak AI valued at about $1.3 million, with the stock closing at $6.83.</p><p>Kodiak AI surged 14.6% on Thursday following a disclosure from Soros Fund Management that it had built a 5.7% passive position in the company. The stake amounts to roughly 9.97 million shares, compared with Kodiak AI&#39;s 174.96 million shares outstanding.</p><p>This acquisition, by Ark Invest, follows recent news of <a href=\"https://laohu8.com/S/KDK\">Kodiak Robotics</a> merger funding announcement, which included backing from Soros Fund Management and Ark Investments. The funding package for the merger exceeds $275 million, highlighting significant investor interest in Kodiak’s autonomous vehicle technology.</p><h3 id=\"id_4274948179\" style=\"text-align: start;\">Other Key Trades</h3><ul style=\"list-style-type: disc;\"><li><p>Sold 40,353 shares of  <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>  from ARKK and 24,429 shares from ARKW.</p></li></ul></body></html>","collect":0,"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>Cathie Wood Hitches A Ride on George Soros-Backed Driverless Truck Company Kodiak AI, Doubles down on China AI Bets Alibaba And Baidu</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\">\nCathie Wood Hitches A Ride on George Soros-Backed Driverless Truck Company Kodiak AI, Doubles down on China AI Bets Alibaba And Baidu\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2025-10-03 10:49</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><strong>Cathie Wood</strong>-led <strong>Ark Invest</strong> made significant trades on Thursday, focusing on major companies like <a href=\"https://laohu8.com/S/BABA\">Alibaba Group</a>, <a href=\"https://laohu8.com/S/BIDU\">Baidu</a>, <a href=\"https://laohu8.com/S/BREA\">Brera Holdings PLC</a> and <a href=\"https://laohu8.com/S/KDK\">Kodiak Robotics</a>. These trades reflect Ark’s strategic positioning in the tech and innovation sectors.</p><h3 id=\"id_62377822\" style=\"text-align: start;\">The Alibaba Trade</h3><p>Ark Invest’s flagship fund, <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>, acquired 14,453 shares of Alibaba on Thursday. This purchase comes as Alibaba’s stock surged past its 52-week high, closing at $189.34. The trade is valued at approximately $2.74 million.</p><p>The rise in Alibaba’s stock is attributed to its mapping and local services platform, Amap, reaching a record 360 million daily users during China’s National Day holiday. This milestone, along with new AI-driven features, has significantly boosted investor confidence. </p><h3 id=\"id_2921905579\" style=\"text-align: start;\">The Baidu Trade</h3><p>On the same day, ARKK also purchased 45,478 shares of  <a href=\"https://laohu8.com/S/BIDU\">Baidu</a>, valued at around $6.4 million, with the stock closing at $140.23.</p><p>Baidu’s Apollo Go robotaxi business is expanding globally, targeting markets like Australia and Southeast Asia. This expansion is part of Baidu’s strategy to compete with giants like Waymo and <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>. Baidu’s recent achievements include securing 50 trial licenses in Dubai, allowing the company to expand its fleet to approximately 100 cars in the UAE. </p><p>On Wednesday, Ark purchased $2.97 million worth of Baidu shares, and on Tuesday, it bought $6.9 million worth.</p><h3 id=\"id_495650773\" style=\"text-align: start;\">The Brera Holdings Trade</h3><p>Ark Invest decided to sell 44,209 shares of  <a href=\"https://laohu8.com/S/BREA\">Brera Holdings PLC</a><strong> </strong>from its ARKK fund, with the stock closing at $25.20. The sale is valued at approximately $1.1 million.</p><p>Brera Holdings recently experienced a substantial rally after announcing a Solana treasury strategy, which saw its shares jump before a pullback. </p><p>The Wood-backed firm jetisoned $2.5 million worth of Brera Holdings stock on Wednesday, and $6.6 million worth of shares were sold on Tuesday. Last month, Ark invested $162 million in Brera Holdings by buying 6,500,001 shares.</p><h3 id=\"id_1219964738\" style=\"text-align: start;\">The Kodiak AI Trade</h3><p>In a notable move,  <a href=\"https://laohu8.com/S/ARKQ\">ARK Autonomous Technology &amp; Robotics ETF</a>  purchased 190,165 shares of the George Soros-backed Kodiak AI valued at about $1.3 million, with the stock closing at $6.83.</p><p>Kodiak AI surged 14.6% on Thursday following a disclosure from Soros Fund Management that it had built a 5.7% passive position in the company. The stake amounts to roughly 9.97 million shares, compared with Kodiak AI&#39;s 174.96 million shares outstanding.</p><p>This acquisition, by Ark Invest, follows recent news of <a href=\"https://laohu8.com/S/KDK\">Kodiak Robotics</a> merger funding announcement, which included backing from Soros Fund Management and Ark Investments. The funding package for the merger exceeds $275 million, highlighting significant investor interest in Kodiak’s autonomous vehicle technology.</p><h3 id=\"id_4274948179\" style=\"text-align: start;\">Other Key Trades</h3><ul style=\"list-style-type: disc;\"><li><p>Sold 40,353 shares of  <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a>  from ARKK and 24,429 shares from ARKW.</p></li></ul></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1046421795.USD":"富达环球科技A-ACC","KDK":"Kodiak Robotics","LU0052756011.USD":"TEMPLETON GLOBAL BALANCED \"A\" (USD) INC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU2226246903.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AT4\" (HKD) ACC","BK4552":"Archegos爆仓风波概念","LU0359202008.SGD":"Blackrock China Fund A2 SGD-H","LU1115378108.SGD":"Eastspring Investments - Global Emerging Markets Dynamic AS SGD","LU1823568750.SGD":"Fidelity Global Technology A-ACC SGD","LU1023057109.AUD":"BGF CHINA \"A2\" (AUDHDG) ACC","BK4574":"无人驾驶","BIDU":"百度","BK4524":"宅经济概念","BK4220":"综合零售","BK4587":"ChatGPT概念","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","BK4554":"元宇宙及AR概念","SLMT":"Brera Holdings PLC","LU1105468828.SGD":"Allianz Total Return Asian Equity AM DIS H2-SGD","LU0918141705.HKD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AM\" (HKD) INC","BK4575":"芯片概念","LU0738911758.USD":"Blackrock Global Equity Income A6 USD","BABA":"阿里巴巴","BK4526":"热门中概股","LU0640798160.USD":"EASTSPRING INVESTMENTS GLOBAL EMERGING MARKET DYNAMIC \"A\" (USD) ACC","BK4141":"半导体产品","BK4534":"瑞士信贷持仓","BK4514":"搜索引擎","LU0821914370.USD":"贝莱德亚洲成长领袖A2","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","LU1282648689.USD":"ALLIANZ TOTAL RETURN ASIAN EQUITY \"AMG\" (USD) INC","BK4544":"ARK ETF合集","LU0651947912.USD":"BGF EMERGING MARKETS EQUITY INCOME \"A5G\" (USD) INC"},"source_url":"https://www.benzinga.com/markets/equities/25/10/48009528/cathie-wood-hitches-a-ride-on-george-soros-backed-driverless-truck-company-kodiak-ai-doubles-down-on-china-ai-bets-alibaba-and-baidu","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2572520502","content_text":"Cathie Wood-led Ark Invest made significant trades on Thursday, focusing on major companies like Alibaba Group, Baidu, Brera Holdings PLC and Kodiak Robotics. These trades reflect Ark’s strategic positioning in the tech and innovation sectors.The Alibaba TradeArk Invest’s flagship fund, ARK Innovation ETF, acquired 14,453 shares of Alibaba on Thursday. This purchase comes as Alibaba’s stock surged past its 52-week high, closing at $189.34. The trade is valued at approximately $2.74 million.The rise in Alibaba’s stock is attributed to its mapping and local services platform, Amap, reaching a record 360 million daily users during China’s National Day holiday. This milestone, along with new AI-driven features, has significantly boosted investor confidence. The Baidu TradeOn the same day, ARKK also purchased 45,478 shares of  Baidu, valued at around $6.4 million, with the stock closing at $140.23.Baidu’s Apollo Go robotaxi business is expanding globally, targeting markets like Australia and Southeast Asia. This expansion is part of Baidu’s strategy to compete with giants like Waymo and Tesla. Baidu’s recent achievements include securing 50 trial licenses in Dubai, allowing the company to expand its fleet to approximately 100 cars in the UAE. On Wednesday, Ark purchased $2.97 million worth of Baidu shares, and on Tuesday, it bought $6.9 million worth.The Brera Holdings TradeArk Invest decided to sell 44,209 shares of  Brera Holdings PLC from its ARKK fund, with the stock closing at $25.20. The sale is valued at approximately $1.1 million.Brera Holdings recently experienced a substantial rally after announcing a Solana treasury strategy, which saw its shares jump before a pullback. The Wood-backed firm jetisoned $2.5 million worth of Brera Holdings stock on Wednesday, and $6.6 million worth of shares were sold on Tuesday. Last month, Ark invested $162 million in Brera Holdings by buying 6,500,001 shares.The Kodiak AI TradeIn a notable move,  ARK Autonomous Technology & Robotics ETF  purchased 190,165 shares of the George Soros-backed Kodiak AI valued at about $1.3 million, with the stock closing at $6.83.Kodiak AI surged 14.6% on Thursday following a disclosure from Soros Fund Management that it had built a 5.7% passive position in the company. The stake amounts to roughly 9.97 million shares, compared with Kodiak AI's 174.96 million shares outstanding.This acquisition, by Ark Invest, follows recent news of Kodiak Robotics merger funding announcement, which included backing from Soros Fund Management and Ark Investments. The funding package for the merger exceeds $275 million, highlighting significant investor interest in Kodiak’s autonomous vehicle technology.Other Key TradesSold 40,353 shares of  Roku Inc  from ARKK and 24,429 shares from ARKW.","news_type":1,"symbols_score_info":{"BIDU":1.1,"SLMT":1.1,"BREA":1.1,"KDK":1.1,"BABA":1.1}},"isVote":1,"tweetType":1,"viewCount":366,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"EN","currentLanguage":"EN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":35,"optionInvolvedFlag":false,"xxTargetLangEnum":"ORIG"},"commentList":[],"hasMoreComment":false,"orderType":2}