Cathie Wood Shifts Bet to Meta AI | Durham News

Cathie Wood’s portfolio took a bold turn this week, dumping $28 million in Alphabet stock while pouring more into Meta Platforms—betting big on AI as the next growth engine. Though her flagship Ark Innovation ETF is up 8.66% this year (still lagging the S&P 500’s 11.85%), her long-term track record shows steep volatility: a 6.89% annual loss over five years versus the S&P’s 11.42%. Yet Wood remains bullish, likening today’s AI boom to the railroad era—and insists companies mastering AI will dominate profits. Analysts at Mizuho are watching Meta’s new Muse AI agent closely, seeing it as a potential disruptor that could outpace Alphabet’s massive AI bets. Listen in comfort: Get a discount on a Soli Pillow: http://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/b75d2436b3d11cfb