From zero to $5 trillion: investor's big call on 'autonomous taxis'

From zero to $5 trillion: investor's big call on 'autonomous taxis'
Cathie Wood has a 'very big idea'. (Image: Ark)
Brent Melville
Cathie Wood, head of tech- and future-focused Ark Invest, is a big fan of Bitcoin, describing it as nothing short of a “money revolution”.“It’s a very big idea," she says, describing it as the first global, digital, decentralised, private but rules-based monetary system in history.Wood told a group of fund managers and investors at Nikko Asset Management’s annual investment summit on Tuesday that when Ark had taken its first position – via the Grayscale Bitcoin Trust (GBTC) in late 2015 – the digit...

More Markets

Vector agrees to sell LPG assets for $150m
Markets

Vector agrees to sell LPG assets for $150m

The deal is subject to regulatory approvals and commercial conditions.

Rebecca Howard 26 Jul 2024
ASX: Australian shares slide to a two-week low as tech drags
Markets

ASX: Australian shares slide to a two-week low as tech drags

Every sector of the Australian share market has lost ground.

AAP 26 Jul 2024
NZ sharemarket down 0.38%
Markets Market close

NZ sharemarket down 0.38%

The S&P/NZX 50 Index closed at the day’s low of 12,349.47, down 46.79 points or 0.38%.

Graham Skellern 26 Jul 2024
Forsyth Barr initiates full Turners coverage
Markets

Forsyth Barr initiates full Turners coverage

Forsyth Barr says a premium valuation is now warranted. 

Rebecca Howard 26 Jul 2024