Cathie Wood Buys Amazon Amid Tech Dip

Cathie Wood just dumped nearly $9.6 million into Amazon stock, betting big on tech despite recent AI-driven market dips. While her flagship Ark Innovation ETF lags behind the S&P 500 and has posted negative returns over five years, Wood remains convinced that AI-driven deflation and innovation will fuel future growth — even as she scales back some positions and doubles down on others like Alphabet and Tesla. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/31e4853576edeb8f