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Square (NYSE:SQ), (ARKF) - Cathie Wood: Fintech Is One Of The Most Misunderstood Technology Platforms

Share: Ark Funds CEO and Founder Cathie Wood joined Benzinga’s “Raz Report” this week and discussed the history of Ark Funds. Wood shared her thoughts on the fintech market, where she sees huge growth ahead. Wood on Fintech: “We think that fintech is probably one of the most misunderstood of all the technology platforms,” Wood said. Digital wallets are going to gut banks, according to Wood. Digital wallets will be responsible for customer’s banking and also loans, debit cards and credit cards, as well as for buying crypto and stocks. “Digital wallets are not only going to do our banking, they’re going to be bank branches in our pockets, she said.

Earnings Previews: Kohl s, Sea, Target

Earnings Previews: Kohl’s, Sea, Target Paul Ausick © Provided by 24/7 Wall St. After a rocky premarket session on Friday, the three major indexes managed to trade at least flat at the opening bell. The Nasdaq Composite was up about 1%, the S&P 500 was up fractionally and the Dow was just a few ticks below unchanged, but the blue chips later sank. The tech sector opened up about 1.3%, probably due to a fall in interest rates on the 10-year Treasury to below 1.5%. In our earnings preview from Thursday, we looked at Berkshire Hathaway, Workhorse Group and Stratasys. Berkshire Hathaway releases Warren Buffett s annual letter on Saturday, while Workhorse and Stratasys report quarterly results before the bell Monday. A separate preview covers expectations for Lemonade, Nio and Zoom Communications, which report later on Monday.

Cathie Wood says bitcoin has trillions in market cap potential

Gordon Reid s Top Picks: March 19, 2021 John Zechner s Top Picks: March 18, 2021 BlackRock to press companies on human rights and nature Central bank digital currency must coexist with cash, Powell says Reddit frenzy stabilizes as meme stocks moves sync with S&P 500 Bond traders revive inflation bets with Fed s easy-policy vow Biggest bitcoin fund provider to offer different crypto trusts Colin Stewart s Top Picks: March 17, 2021 China s stock volatility contrasts with calm in bond markets Novogratz s Galaxy Digital leads US$36M Republic investment Robinhood offers users cash for new deposits as US$1,400 stimmy arrives Greece is back in bond markets after near-record sale

How wildly successful investments can also become a curse

How wildly successful investments can also become a curse
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