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Cathie Wood Trims Tempus AI Stake | Raleigh News
Cathie Wood’s Ark Innovation ETF is riding a wild ride as she locks in gains on Tempus AI—the healthcare AI stock surging nearly 30% and now her second-largest holding. While her flagship fund outperformed the S&P 500 last year, it’s lagging this year, reflecting the extreme volatility of her high-growth tech bets in AI, blockchain, and robotics. Though her bold strategy has delivered massive returns—like that 150% leap in 2020—it’s also wiped out billions for investors over the past decade. Still, Wood remains bullish on AI’s transformative power to boost productivity and profits, even as…
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