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flag Ark Invest's Cathie Wood bought 76,505 Amazon shares for $14M on Oct 8 amid ETF volatility.

flag Cathie Wood of Ark Invest purchased 76,505 shares of Amazon for nearly $14 million on October 8. flag This move comes amid the volatile performance of her Ark Innovation ETF, which saw a 67% decline in 2022 but rebounded with a 68% gain in 2023. flag Amazon leads in e-commerce and cloud computing, with strong revenue growth in both sectors. flag Its attractive pricing and long-term investment strategy make it a noteworthy option for investors.

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