Cathie Wood buys $8.7 million of beaten-down AI stock

Cathie Wood has increased her investment portfolio by acquiring 8.7 million dollars of a declining AI stock. Additionally, Wood has purchased more SpaceX stock. These strategic moves reflect her continued commitment to high-growth technology sectors despite market volatility. While Wood expands her holdings in these specific assets, some analysts suggest caution regarding the decision to emulate her current investment strategy in the volatile AI and aerospace markets at this particular time.