On July 9, 2026, ARK Invest executed a series of notable trades, headlined by a $20.55 million purchase of Meta Platforms (34,080 shares) through its ARK Innovation ETF. The move comes ahead of Meta’s Q2 earnings report on July 29, where Wall Street anticipates earnings per share of $7.17 and revenue of $60.19 billion. The investment reflects confidence in Meta’s accelerating artificial intelligence strategy, including the launch of Muse Spark 1.1, new business AI tools, and the planned September mass production of its in-house Iris AI chip.
Simultaneously, ARK deepened its commitment to crypto infrastructure by adding 217,896 shares of Circle Internet Group across three ETFs for $13.96 million. The purchase persists despite a slump in Circle’s stock price and intensifying stablecoin competition. Circle recently secured OCC approval for a national trust bank, strengthening its USDC custody operations, but also faces legal challenges over allegations of insufficient cooperation in recovering funds tied to crypto scams.
On the sell side, ARK continued reducing its position in Advanced Micro Devices, offloading 10,774 shares valued at $5.57 million as part of a week-long pullback. The firm also sold $9.69 million of Robinhood Markets and $9.77 million of Roku, among other trims. These moves highlight a strategic reallocation toward AI and stablecoin infrastructure, while shedding some high-profile tech holdings.
