Cathie Wood’s Best Month Ever: 2023 Bets on Tech, Crypto, & AI 2/1/23
Ark Invest CEO and CIO Cathie Wood shares her big investing ideas for 2023 after her flagship fund reported its best month ever. Ark Innovation ETF notched a near-28% bump in January, but for the last two years, the fund is still down 72%. Wood discusses the wind-down of inflation and her bet that ChatGPT is just the beginning of a new AI era. Even Google is exploring ChatGPT-like technology, asking employees to test some of its competitors. Plus, Snap offered weak guidance for its next quarter, and its own slowdown in digital ad spend is a warning signal for other social media stocks. And, after ExxonMobil reported record breaking profits in 2022, the White House is challenging its dividends for shareholders. In this episode: Cathie Wood, @CathieDWood Kelly Evans, @KellyCNBC Mike Santoli @michaelsantoli Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY
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Show Notes
Ark Invest CEO and CIO Cathie Wood shares her big investing ideas for 2023 after her flagship fund reported its best month ever. Ark Innovation ETF notched a near-28% bump in January, but for the last two years, the fund is still down 72%. Wood discusses the wind-down of inflation and her bet that ChatGPT is just the beginning of a new AI era. Even Google is exploring ChatGPT-like technology, asking employees to test some of its competitors. Plus, Snap offered weak guidance for its next quarter, and its own slowdown in digital ad spend is a warning signal for other social media stocks. And, after ExxonMobil reported record breaking profits in 2022, the White House is challenging its dividends for shareholders.
In this episode:
Cathie Wood, @CathieDWood
Kelly Evans, @KellyCNBC
Mike Santoli @michaelsantoli
Andrew Ross Sorkin, @andrewrsorkin
Cameron Costa, @CameronCostaNY
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