The market is currently experiencing a selloff, with technology stocks like Nvidia experiencing significant losses. Despite the dips, some investors, like Cathie Wood, the founder and CEO of ARK Investment Management, remain optimistic about the future of technology.
In a live conversation at Bloomberg Invest, Wood shared her views on potential opportunities, particularly within the artificial intelligence (AI) sector, and her expectations for the future.
Wood’s ARK Innovation Fund has consistently invested in companies like Tesla, Coinbase, and Roku. She discussed her perspective on how AI will shape the market and investment landscape, and her expectations surrounding the potential impact of the Trump administration on the investment climate. The discussion suggests Wood believes policies under Trump could usher in a period similar to the Reagan era, creating a favorable environment for investors.
