Cathie Wood Says Market Anxiety Reinforces Her Bullish Outlook

Ark Invest CEO Cathie Wood told CNBC that investor anxiety over AI spending and macroeconomic pressures actually reinforces her belief that the broader bull market remains intact. Despite recent sell-offs in tech-heavy indices driven by concerns over data center construction and rising capital costs, Wood remains optimistic about ongoing technological revolutions. Wood explained that unlike the unchecked euphoria seen during the late 90s tech and telecom bubble, current market participants have expressed caution and skepticism from the start regarding AI capital expenditures and cash flow. She noted that these persistent worries indicate a more durable bull market rather than an imminent end to the current run.