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ARK Invest's Cathie Wood: AI Boom is Real, But Still Selling Nvidia

ARK Invest's Cathie Wood: AI Boom is Real, But Still Selling Nvidia

FromWSJ's Take On the Week


ARK Invest's Cathie Wood: AI Boom is Real, But Still Selling Nvidia

FromWSJ's Take On the Week

ratings:
Length:
24 minutes
Released:
Feb 18, 2024
Format:
Podcast episode

Description

Chipmaker Nvidia is having a strong start to the year. The company is currently the best performing stock in the S&P 500 for 2024 and the fourth largest company in the U.S., with a value of about $1.8 trillion. But how are investors feeling about Nvidia’s success? Ahead of the company’s earnings report later this week, we’re speaking with Cathie Wood, CEO and chief investment officer of ARK Invest, who recently went from a buyer to a seller of Nvidia stock. Cathie shares insight into that decision and what she’s most looking forward to from this week’s report. You can hear an extended conversation with Cathie Wood - plus other exclusive content - on WSJ SPECIAL ACCESS. Available on Spotify and Apple Podcast. Then, we’re turning our attention to Thursday’s existing home sales report from the National Association of Realtors. Few markets have been as impacted by inflation as the housing market. With mortgage rates touching the highest level in 23 years in October, we bring on WSJ housing reporter, Nicole Friedman, to discuss what that means for potential homebuyers and sellers. Lastly, we keep Nicole around to discuss inflation and how it’s shifted homeowners to focusing less on selling and more on renovating their homes. We’ll also be looking out for signs that prices are rising again in the earnings reports we’re expecting this week from Walmart and Home Depot. 
Released:
Feb 18, 2024
Format:
Podcast episode

Titles in the series (37)

WSJ’s Take On the Week brings you the insights and analysis you need to get a leg-up on the business and financial week to come. In less than 20 minutes, we cut through the noise to explain the major business and financial news that may move markets, all so you can make smarter investing decisions and take on the week with confidence. Episodes drop Sundays. Hosted by Dion Rabouin.