Cathie Wood-Led Ark Invest Bets $1.74 Million On This Robotaxi Stock As Driverless Revolution Accelerates

Benzinga_recent_news12-04

On Wednesday, Cathie Wood-led Ark Invest made significant trades, prominently featuring the acquisition of shares in WeRide Inc. (NASDAQ:WRD). This move comes amid WeRide’s recent advancements in the ...

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This move comes amid WeRide’s recent advancements in the ...</p>\n\n<a href=\"https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/12/49200750/cathie-wood-led-ark-invest-bets-1-74-million-on-this-robotaxi-stock-as-driverless-revolution-accelerates\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"ARKK","symbol_name":"ARK Innovation ETF","start_time":0,"source_url":"https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/12/49200750/cathie-wood-led-ark-invest-bets-1-74-million-on-this-robotaxi-stock-as-driverless-revolution-accelerates","article_id":"2588712130","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/files/images/story/2025/12/03/Cathie-Wood-Dumps-30-Million-Worth-Of-Te.jpeg?optimize=medium&dpr=2&auto=webp&width=240"],"rights":{"source":"benzinga_recent_news","url":"https://www.benzinga.com/etfs/broad-u-s-equity-etfs/25/12/49200750/cathie-wood-led-ark-invest-bets-1-74-million-on-this-robotaxi-stock-as-driverless-revolution-accelerates","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2588712130","pubTimestamp":1764815040,"columns":[],"sourceInfo":{"source_id":"benzinga_recent_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Cathie Wood's Ark Invest buys WeRide Inc. shares, showing confidence in the company's advancements in driverless vehicles. Stock closes at $9.12 with 5.19% increase. Other key trades include GeneDx, Iridium, and Ibotta. WeRide ranks in 12th percentile for Momentum according to Benzinga Edge.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARKK":"ARK Innovation ETF","BK4585":"ETF&股票定投概念","BK4544":"ARK ETF合集","BK4588":"碎股","WRD":"文远知行","BK4609":"英伟达持仓股","BK4124":"机动车零配件与设备"},"translate_title":"随着无人驾驶革命的加速，Cathie Wood领导的Ark Invest在这只Robotaxi股票上押注174万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WRD":1,"ARKK":1.5},"content_text":"On Wednesday, Cathie Wood-led Ark Invest made significant trades, prominently featuring the acquisition of shares in WeRide Inc. (NASDAQ:WRD). This move comes amid WeRide’s recent advancements in the driverless vehicle sector.\nARK Autonomous Technology & Robotics ETF (BATS:ARKQ) fund purchased 191,149 shares of WeRide. The trade, valued at approximately $1.74 million, aligns with WeRide’s recent strides in the autonomous vehicle industry. The stock closed at $9.12 on the day of the trade, reflecting a 5.19% increase, indicative of positive market sentiment surrounding the company’s recent developments.\nThe company has been making headlines with its expansion of robotaxi services, notably in Abu Dhabi, where it launched Level 4 fully driverless operations in collaboration with Uber. This initiative marks Abu Dhabi as the first city in the Middle East to offer such services on the Uber platform.\nSee Also: Jim Cramer Says ‘Only A Matter Of Time’ Before OpenAI Admits Falling ‘Behind’ Google Gemini 3 As Sam Altman Reportedly Hits ‘Code Red’\nWeRide’s robotaxi rollout is proving financially beneficial, with a surge in revenues and a reduction in losses as the company scales its global fleet. The strategic acquisition by Ark Invest reflects confidence in WeRide’s potential to capitalize on the growing demand for autonomous transportation solutions.\nOther Key Trades:\nBenzinga Edge Stock Rankings indicate WeRide stock has a Momentum in the 12th percentile. Here is how it ranks against other Robotaxi plays like Tesla and Alphabet.\nRead Next:\nPhoto: Ira Lichi / Shutterstock\nThis story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2588712130","isCrawlerRequest":true}