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During earnings season, serious investors like Cathie Wood often rebalance their portfolios to add or trim shares of companies based on their performance and long-term growth prospects. Last week, while Wood added 210,000 shares of Tempus AI (TEM) and some other stocks, ARK Invest reduced its exposure to test-equipment maker Teradyne (TER) and social media company Pinterest (PINS).
The question now is whether this move signals caution or simply portfolio rebalancing. Let’s take a closer look.