On Tuesday, Cathie Wood-led Ark Invest executed notable trades involving Meta Platforms Inc. (NASDAQ:META) , Advanced Micro Devices Inc. (NASDAQ:AMD), and Shopify Inc. (NASDAQ:SHOP).

The Meta Platforms Trade saw Ark Invest offloading 2,865 shares of Meta Platforms Inc. through its ARK Innovation ETF (BATS:ARKK) fund. This move comes ahead of Meta’s anticipated first-quarter earnings report, where analysts expect the company to highlight its advancements in artificial intelligence. The Mark Zuckerberg-led company is expected to disclose earnings figures on Wednesday. The sale, valued at approximately $1.6 million coincides with Meta’s recent launch of a standalone AI app designed to compete with OpenAI’s ChatGPT and Google’s Gemini. The stock closed at $554.44, marking a 0.85% increase on the day.

The AMD Trade involved Ark Invest acquiring 7,786 shares of Advanced Micro Devices Inc. through the ARK Next Generation Internet ETF (BATS:ARKW). The purchase, valued at around $747,923, follows recent market reactions to reports that Huawei has developed an AI chip. AMD’s stock saw a slight decline of 0.34%, closing at $96.06. Notably, Ark also purchased AMD stock worth $3.79 million on Monday.

The Shopify Trade featured Ark Invest purchasing 12,182 shares of Shopify Inc. via the ARKW fund. This transaction, worth approximately $1.2 million, comes amid new challenges for e-commerce platforms like Shopify due to changes in trade and tariff policies. On Tuesday, Shopify’s stock experienced a 0.36% uptick, closing at $98.92.

• Sold 67,053 shares of Schrodinger Inc (SDGR) from the ARKG fund.
• Bought 60,264 shares of Personalis Inc (PSNL) through the ARKG fund.
• Sold 92,782 shares of CRISPR Therapeutics AG (CRSP) from the ARKK fund.
• Bought 61,911 shares of Intellia Therapeutics Inc (NTLA) via the ARKK fund.