Market Extra: ARK Innovation ETF rises sharply, Cathie Wood views its top holding Tesla as ‘most obvious beneficiary’ of recent AI breakthroughs
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Cathie Wood’s ARK Innovation ETF was rising sharply Tuesday, as shares of its largest holding Tesla Inc. jumped and technology stocks rallied amid ongoing investor enthusiasm over artificial intelligence. The ARK Innovation ETF ARKK, , an exchange-traded fund that targets disruptive innovation as…
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