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Ark Invest Sells Tesla, Meta, Palantir Shares

This is a news story, published by Yahoo Finance, that relates primarily to Cathie Wood’s news.

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Tesla holdings
Benzinga

Benzinga

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Cathie Wood’s Ark Invest makes big moves in Tesla, Meta, Palantir and Block

Benzinga
Summary
Nutrition label

57% Informative

Cathie Wood’s ARK Investment Management sees Tesla 's driverless ride-hailing plans as a game-changer, potentially unlocking $11 trillion in revenue by leveraging lower operating costs of electric vehicles.

The firm sold 8,384 shares of Tesla Inc. (NASDAQ:TSLA) and 334,767 shares of Palantir Technologies ( NYSE : PLTR ) The firm also sold 243,549 shares of Block Inc. from its ARKK and ARKW .

VR Score

39

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31

Neutral language

22

Article tone

formal

Language

English

Language complexity

41

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not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

14

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