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 she strategically scales back some positions while doubling down on others like Tempus AI, fueled by promising Merck-Moderna vaccine trial updates and rising analyst optimism.

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