Cathie Wood warns AI frenzy risks investor losses Technology Tech investor Cathie Wood has warned that the fenzy around artificial intelligence that has boosted US tech stocks could leave investors scorched.
Cathie Wood on losing $14bn, Trump and where the UK has an edge over the US Investing Cathie Wood has an answer to those accusations that her investment firm lost billions of her investors’ money investing in tech stocks.
Exclusive: Cathie Wood on Tesla and Elon Musk: ‘We don’t listen to what he says’ Investment Cathie Wood, CEO of infamous American tech investment firm ARK, is still bullish on Tesla and Elon Musk, despite the poor performance of its stock price in recent months.
Cathie Wood’s ARK expands to Europe despite poor performance April 18, 2024 Cathie Wood’s ARK has expanded to Europe, launching its first exchange traded funds on the London Stock Exchange. An analysis by Morningstar earlier this year found that ARK had destroyed $14bn in wealth over the past decade, topping the list of wealth destroyers among investment companies. “These funds managed to lose value for shareholders even [...]