A Warning to Banks & Which Companies Will Disrupt Them

17:56
 
Share
 

Manage episode 302692980 series 2954840
By Alex. Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio is streamed directly from their servers. Hit the Subscribe button to track updates in Player FM, or paste the feed URL into other podcast apps.

⚠️ Cathie Wood's warning to big banks: adapt or die. ARK Invest's Big Ideas 2021 includes digital wallets like SQ (Square stock), PYPL (Paypal stock), AAPL (Apple stock), which are top holdings in ARKW and ARKF. Will there be a day where banks are no longer too big to fail?
👋 Get in touch at www.tickersymbolyou.com or www.youtube.com/c/tickersymbolyou
🎤 My free Discord: https://discord.gg/9UHrHex4JX
💬 Find me on Twitter: https://twitter.com/TickerSymbolYOU
🙏 Support the Show: https://www.patreon.com/tickersymbolyou
Sources & Further Reading:
Digital Wallet Companies Can Bank the Unbanked, While Traditional Banks Cannot (ARK Invest): https://ark-invest.com/articles/analyst-research/digital-wallet-companies/
Will Bank Branches Give Way to Digital Wallets? (ARK Invest): https://ark-invest.com/articles/analyst-research/digital-wallets/
Bank Revenue from Credit Cards Could Be Cut in Half in The Next 10 Years (ARK Invest): https://ark-invest.com/articles/analyst-research/credit-card-industry/
ARK Invest's Other Thematic Funds:
ARK Invest Innovation ETF (ARKK) - https://ark-funds.com/arkk
ARK Invest Genomic Revolution ETF (ARKG) - https://ark-funds.com/arkg
ARK Invest Autonomous Technology & Robotics ETF (ARKQ) - https://ark-funds.com/arkq
ARK Invest Next Generation Internet ETF (ARKW) - https://ark-funds.com/arkw
ARK Invest Fintech Innovation ETF (ARKF) - https://ark-funds.com/fintech-etf
I am not a financial advisor or affiliated with ARK Invest in any way.
Thanks for watching!

Support the show (https://www.patreon.com/tickersymbolyou)

27 episodes