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Cathie Wood Buys Amazon Shares Ahead of Earnings
Description
Cathie Woods Ark Investment recently purchased nearly $900,000 worth of Amazon shares, positioning for the companys upcoming earnings report. Wood is known for her high-risk tech bets, which have seen significant gains and losses. Despite mixed investor sentiment, she remains bullish on tech advancements like AI, predicting a global growth boost. Meanwhile, Amazons shares have surged on AWS AI hype and investments, with Wood also acquiring shares in Kratos Defense and DoorDash.
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