Cathie Wood Bets Big on AI, Delivery Stocks
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Despite recent market downturns, Cathie Wood from Ark Invest saw opportunity in growth stocks like CoreWeave, Oklo, and DoorDash. CoreWeave, a GPU powerhouse, saw its stock price surge from $40 to $187 before a recent drop. Oklo, with its nuclear energy tech, quadrupled last year but remains pre-revenue. DoorDash, the only stock to tick up, saw a 38% revenue jump but faces challenges due to high gas prices and economic uncertainty. These stocks offer potential in AI and delivery, but risks like debt and no profits keep the market cautious.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/e26737d132930f4d