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

NZ stocks end firm after Sky, Vulcan, annual meetings
Markets Market Close

NZ stocks end firm after Sky, Vulcan, annual meetings

There were 84 rises and 54 falls on the main board.

Jamie Gray 31 Oct 2025
Rising volumes push Port of Tauranga profit outlook higher
Primary Sector

Rising volumes push Port of Tauranga profit outlook higher

Port of Tauranga expects its full-year net profit after tax to fall somewhere between $137 million and $147m.The NZX-listed port company’s container volumes increased 9% to 319,649 TEUs in the first three months to Sept 30.Total trade increased 5.9% in volume compared to the same...

Staff reporters 31 Oct 2025
SkyCity faces Adelaide reckoning by year-end
Markets

SkyCity faces Adelaide reckoning by year-end

Casino operator releases details about regulatory situation in Adelaide.

Dileepa Fonseka 31 Oct 2025