Cathie Wood Believes We Are Not at the End of the AI Bull Market

Ark Invest CEO Cathie Wood expressed an optimistic outlook during an interview with CNBC on November 9, stating that the current bull market has not derailed. She anticipates that the upward trend in U.S. stocks will continue until 2027, driven further by new technologies such as AI agents and autonomous taxis. Although she acknowledged that rising financing costs pose significant risks for tech stocks, she pointed out that the current market sentiment is markedly different from the tech and telecom bubble of the 1980s and 1990s. Wood emphasized that, at that time, investors generally believed that tech stocks would keep rising and lacked vigilance regarding risks. She clearly stated that she does not believe the current bull market is nearing its end, asserting that we are in the midst of a technological revolution.