A Big Bank Breakout and Cathie Wood’s Latest Bet

U.S. financials surged on Wednesday, with American Express posting its best day in over a month. We break down what’s behind the moves and where the sector is going next. Plus DraftKings surging on news it’s the latest darling of Cathie Wood’s Ark Innovation Fund, but some of the star investor’s other picks have been struggling more than a bit recently. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

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This episode was published on August 25, 2021.

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