Ariel Investments' Mellody Hobson: AI has been like 'rocket fuel' in this market
CNBC Televisionยท2025-08-07 10:48
Today's top story, President Trump's reciprocal tariffs taking effect at midnight. Investors continue to talk about the potential impact on inflation and the broader markets. Here's what famed value investor Melody Hobson Hod Hobson, excuse me, told Andrew in Aspen.I think the market has walked a lot off and I think that that's in the hopes of this all uh being rational at some point and taking care of itself. And I think AI has obviously been like rocket fuel in this market and that's helped a lot. Do you ...