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Cathie Wood’s Ark Invest: The bargains came in two by two

Via  ARK Invest’s Q2 2022
Via ARK Invest’s Q2 2022
$ARK Innovation ETF(ARKK.US)$
Wood’s Ark took the opportunity of last week’s broad Wall Street sell-off to continue her big, long-term bets on cutting-edge technology firms.
$Tesla(TSLA.US)$ , $Zoom Video Communications(ZM.US)$ , $Roku Inc(ROKU.US)$ , $CRISPR Therapeutics(CRSP.US)$ , $Intellia Therapeutics(NTLA.US)$ , $Block(SQ.US)$ , $Teladoc Health(TDOC.US)$ , $Exact Sciences(EXAS.US)$ , $Beam Therapeutics(BEAM.US)$ , and $UiPath(PATH.US)$ are all among the top stocks in Wood’s ARK Innovation ETF.
Gloomier-than-wanted US inflation figures – namely, August consumer prices tore the heart out of Wall Street earlier – saw Wall Street lost 4% and the tech-heavy Nasdaq sank nearly 5%
The day before the US inflation numbers were released, Wood re-tweeted her rather contrary belief that deflation – not inflation – was the core problem in the US and the hero of start-ups and tech pumpers everywhere appears to be positioning for exactly that, given her biggest purchases continue to be leaning heavily into tech firms which’ve copped the brunt of all those previously mentioned and not insignificant headwinds.
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