WERE STILL IN THE PARKING LOT : CATHIE WOOD SAYS AI ISNT A BUBBLE . HERE THE CASE AGAINST HER

What happened: Cathie Wood said AI is not a bubble, telling Bloomberg in Seoul on October 16, 2026 that market fear itself signals room to run. ARK added CoreWeave (NASDAQ:CRWV) and Cerebras Systems as prices fell. Key numbers: CoreWeave Q2 revenue $2.575 billion, up 112.3%. Backlog near $104 billion. Why it matters: CoreWeave's bonds fell into distressed territory and its credit risk gauge hit a record, so the third-quarter report is the trigger: if operating profit closes the gap to interest expense, Wood's case strengthens; if it grows, the bond market's warning carries more weight.

Cathie Wood said AI is not a bubble, telling Bloomberg in Seoul on October 16, 2026 that market fear itself signals room to run. ARK added CoreWeave (NASDAQ:CRWV) and Cerebras Systems as prices fell.

CoreWeave's bonds fell into distressed territory and its credit risk gauge hit a record, so the third-quarter report is the trigger: if operating profit closes the gap to interest expense, Wood's case strengthens; if it grows, the bond market's warning carries more weight.