Cathie Wood’s AI-Driven Tech Bet | Raleigh News

Raleigh News Today | 2 Min News | The Daily News Now! · Jul 2, 2026 · 2m

Cathie Wood just dumped a hefty $5.5 million into SoFi stock—despite selling some earlier this month—amid a 5.23% five-day surge, as her bold bets on AI-driven deflation and tech innovation continue to shake up markets. While SoFi’s year-to-date slide reflects broader fintech turbulence, Wood’s thesis is gaining traction: AI is quietly crushing inflation fears, with bond markets already pricing in tech’s productivity boom. Her rollercoaster career—from Ark’s 150% 2020 surge to 60% 2022 nosedive—has left her ETF with a negative 5-year return, while the S&P 500 soared. Yet she’s doubling down…