Ark Invest CEO Cathie Wood flags AI market correction risk: 'We think there will be a reality check'
Update: 2025-10-28
Description
Cathie Wood, CEO of Ark Invest, addresses AI bubble concerns and tech stock outlook at a Riyadh investment conference. Despite high tech valuations, she doesn't see an AI bubble yet, but anticipates a reality check as the economic environment shifts. Wood expects interest rate increases to cause market nervousness and volatility, but remains bullish on AI's long-term potential. She believes massive Big Tech stock prices could make sense as AI matures, despite short-term corrections. Wood emphasizes the need for large organizations to adapt to AI, highlighting Palantir as a potential partner. Investors watch market drivers like Big Tech earnings and Federal Reserve moves for clues on the tech sector's future.
The Daily News Now! — Every city. Every story. AI-powered.
Hosted on Acast. See acast.com/privacy for more information.
Comments
In Channel
Download from Google Play
Download from App Store
United States00:00
00:00
x
