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Cathie Wood’s Best Month Ever: 2023 Bets on Tech, Crypto, & AI 2/1/23

Cathie Wood’s Best Month Ever: 2023 Bets on Tech, Crypto, & AI 2/1/23

FromSquawk Pod


Cathie Wood’s Best Month Ever: 2023 Bets on Tech, Crypto, & AI 2/1/23

FromSquawk Pod

ratings:
Length:
29 minutes
Released:
Feb 1, 2023
Format:
Podcast episode

Description

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, @CathieDWoodKelly Evans, @KellyCNBCMike Santoli @michaelsantoliAndrew Ross Sorkin, @andrewrsorkinCameron Costa, @CameronCostaNY
Released:
Feb 1, 2023
Format:
Podcast episode

Titles in the series (100)

Squawk Pod is a daily, guided curation of the top moments and takeaways from CNBC’s flagship morning show, “Squawk Box”, anchored by Joe Kernen, Becky Quick and Andrew Ross Sorkin. Each day, the podcast includes news making interviews, perspective and analysis from iconic guest hosts, and slices of debate and discussion—from the heated to the hilarious— all wrapped with exclusive context and color from Senior Producer Katie Kramer.