The Apex Times
Above the Noise
Business Wire
BusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessApple escalates claims against OpenAI, alleging evidence destruction in trade-secrets fightThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessFTC lawsuit by 22 states targets Amazon’s ad auction pricing, putting focus on high-margin advertisingThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessApple escalates claims against OpenAI, alleging evidence destruction in trade-secrets fightThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessFTC lawsuit by 22 states targets Amazon’s ad auction pricing, putting focus on high-margin advertisingThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessApple escalates claims against OpenAI, alleging evidence destruction in trade-secrets fightThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessFTC lawsuit by 22 states targets Amazon’s ad auction pricing, putting focus on high-margin advertisingThe Apex TimesBusinessTelecom comparison turns on profitability pace versus leverage: AT&T’s margin jump, Verizon’s debt loadThe Apex TimesBusinessAnthropic agrees to a $35 billion cloud computing deal tied to Nvidia-backed Lambda, report saysThe Apex TimesBusinessAMD has tended to fall in September, but market history is only part of the storyThe Apex TimesBusinessApple escalates claims against OpenAI, alleging evidence destruction in trade-secrets fightThe Apex TimesBusinessDuolingo shares jump after results point to steady user momentum, according to Yahoo FinanceThe Apex TimesBusinessNetflix confirms production of Korean series “Materesa (WT),” led by “Queen of Tears” director and writers behind “The East Palace”The Apex TimesBusinessFTC and 22 States Sue Amazon, Alleging It Secretly Marked Up Ads Shown to Marketplace SellersThe Apex TimesBusinessDeere shares gained as market focused on a jump in profitsThe Apex TimesBusinessBaird lifts Deere to Outperform, citing potential agricultural recovery and raises target to $800The Apex TimesBusinessVenezuela’s energy reopening talks could create upside for Chevron and GE Vernova, but agreements still face major hurdlesThe Apex TimesBusinessTrump Says ExxonMobil Is Preparing to Re-enter Venezuela as Investment Outlook ShiftsThe Apex TimesBusinessFTC lawsuit by 22 states targets Amazon’s ad auction pricing, putting focus on high-margin advertisingThe Apex Times
Back to front
Cathie Wood’s ARK trimmed Alibaba and Baidu while adding Coinbase and Circle, according to Yahoo Finance
The Apex Times

THE APEX TIMES

Business/The Apex Times/Jun 30, 9:17 AM EDT

Cathie Wood’s ARK trimmed Alibaba and Baidu while adding Coinbase and Circle, according to Yahoo Finance

A Yahoo Finance report says ARK made new buys in crypto and fintech exposure, while reducing holdings tied to Chinese technology names.

By The Apex Times Newsroom2 min readAI-assisted Apex article

Cathie Wood’s ARK Investment Management made a notable rotation in recent trading, adding to positions tied to crypto and digital-asset infrastructure while trimming exposure to Chinese technology stocks, according to a report carried by Yahoo Finance.

The report framed the move as a shift in risk allocation toward companies seen as more directly linked to the growth of crypto-related markets and away from large Chinese platform and technology equities. It cited ARK buying more Coinbase, as well as shares in Circle, while simultaneously cutting positions in Alibaba and Baidu.

Coinbase (NASDAQ: COIN) is a major U.S. cryptocurrency exchange operator and is often viewed by investors as a proxy for retail and institutional demand for trading and custody of digital assets. Circle is the company behind USDC, a widely used dollar-linked stablecoin, and is also commonly associated with payments and stablecoin infrastructure exposure.

Alibaba and Baidu, by contrast, are commonly treated by investors as Chinese internet and technology exposure. In the report’s telling, ARK’s trims suggest a reduction in exposure to that segment, even as it increased exposure to businesses tied to crypto assets and related financial activity.

The trading described in the report also reflects a broader pattern seen across the ARK lineup: funds often adjust holdings based on their view of long-term technology adoption, while acknowledging that near-term prices can be volatile. Still, the report did not provide the specific sizes of each trade in the information available here.

For Coinbase shareholders, moves by ARK are not a fundamental company update, but they can serve as a read-through for the fund’s positioning. For the wider market, such rotations can influence sentiment around “crypto beta,” especially when a high-profile thematic investor reallocates toward exchange and stablecoin-linked names.

For now, what is still unclear is the detailed execution behind the report’s claim. The information provided here does not include the exact dates, share counts, dollar amounts, or whether the trades were part of specific ARK exchange-traded funds or separate accounts.

What to watch next is whether ARK continues to add to Coinbase and Circle over subsequent rebalances, or whether it reverses course if digital-asset trading volumes, stablecoin adoption, or regulatory headlines shift the outlook that drives the fund’s thesis. Separately, investors will likely monitor whether the company-level story around Coinbase and Circle changes, independent of ARK’s portfolio moves.

Why It Matters

  • Portfolio rotations by prominent thematic managers can shift market sentiment around crypto-related equities.
  • Reductions in Alibaba and Baidu exposure suggest an ARK view that risk and growth opportunities may be shifting away from Chinese technology names.
  • Additions to Coinbase and Circle point to renewed emphasis on crypto market infrastructure and stablecoin-linked business models.
  • The lack of reported trade sizes and precise timing limits how much investors can infer from the move alone.

Sources

Key Facts

  • A Yahoo Finance report says ARK made changes to its portfolio that included additional exposure to Coinbase and Circle.
  • The same report says ARK trimmed exposure to Alibaba and Baidu.
  • Coinbase is described by the market as a major cryptocurrency exchange operator (NASDAQ: COIN).
  • Circle is tied in market coverage to USDC, a dollar-linked stablecoin, and related payments infrastructure.
  • The available information does not include trade sizes, exact dates, or which specific ARK products were involved.

Finance Related

Cathie Wood’s ARK trimmed Alibaba and Baidu while adding Coinbase and Circle, according to Yahoo Finance | The Apex Times