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Podcast: Squawk Pod
Episode: Cathie Wood’s Best Month Ever: 2023 Bets on Tech, Crypto, & AI 2/1/23
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 soc...