Cathie Wood Makes Strategic Purchases Amid Market Decline: Two Key Stocks Acquired

Reported 2 months ago

In the face of a significant market downturn, top investor Cathie Wood of Ark Invest capitalized on opportunities by purchasing shares of technology giants Amazon and Meta Platforms. As market indices faced their largest drops in nearly two years, Wood focused on the long-term potential of these companies, emphasizing innovation and growth in sectors such as e-commerce and artificial intelligence, which she believes will drive future profitability.

Source: YAHOO

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