Ark Invest's Woods claims innovation's moment has arrived
ARK Invest chief executive officer Cathie Wood is repositioning her portfolio for the next wave of technological disruption, predicting that emerging innovation companies will deliver compound annual returns of 40 to 50% while the "Magnificent 6," or "Mag 6," tech giants (Apple, Amazon, Alphabet (Google), Meta (Facebook), Microsoft, and Nvidia) achieve more modest gains of [...]