NEW YORK — Renowned investor and Ark Invest CEO Cathie Wood remains unfazed by recent turbulence in the U.S. stock market, doubling down on her optimistic view that the current bull market is far from over.

In a recent interview with CNBC, Wood argued that the prevailing market anxieties—often referred to as climbing a "wall of worry"—actually signal a healthy environment for sustained growth. Her comments come in the wake of a sharp market correction driven largely by artificial intelligence (AI) stocks and growing concerns over regulatory hurdles and data center expansion delays following political shifts in Washington.

Drawing on her historical perspective, Wood contrasted today's market sentiment with past speculative bubbles.

"I experienced the tech and telecom bubble, and back then, there wasn't much worry at all," Wood noted. "During the 1980s and 1990s, people simply assumed stocks would rise endlessly. The current AI investment boom is not unfolding that way."

She pointed out that investors have scrutinized AI spending from day one—questioning the massive capital expenditures by tech giants and whether hyper-scalers might shift from generating free cash flow to operating at a deficit.

"These issues have kept the market anxious for quite some time," Wood said. "I actually take comfort when the market worries, because historically, that tends to suggest a bull market will last longer."

When asked whether the multi-year rally is coming to an end, Wood firmly rejected the notion. "We are in the middle of a technological revolution," she asserted, while acknowledging that rising borrowing costs—exacerbated by geopolitical tensions and inflationary pressures earlier this year—remain a potential risk factor for tech and industrial growth.

To navigate the heightened market volatility, Wood advised investors to trim positions during market rallies and concentrate capital on high-conviction names. She shared that she recently rebalanced her own portfolio by taking profits during bounces and increasing exposure to SpaceX, noting that regulatory and logistical debates surrounding terrestrial data centers could ultimately unlock major opportunities for space-based infrastructure.

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