Cathie Wood Makes Strategic Stock Purchases Amid Market Struggles

Reported 8 days ago

Cathie Wood, CEO of Ark Invest, has increased her stakes in three companies—Amazon, Archer Aviation, and Joby Aviation—as she navigates a challenging market year. Despite Amazon's competitive new platform 'Haul' focusing on low-cost goods, Archer and Joby remain risky investments in the emerging eVTOL sector, with Wood viewing the recent market dips as buying opportunities.

Source: YAHOO

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