Cathie Wood Reduces Tesla Holdings While Buying These Chip and AI Stocks

TLDR ARK Invest sold approximately 5,400 Tesla shares worth $2.4 million on November 10 as part of ongoing portfolio rebalancing efforts. The investment firm purchased $2.5 million in Pony AI stock, betting on autonomous vehicle technology growth. ARK added $4.9 million in Taiwan Semiconductor shares as AI chip demand continues to increase. Cathie Wood’s firm [...]

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