-
Peter Thiel Effect? Cathie Wood Pours $175 Million Into Bitmine Immersion Stock As Founders Fund Backing, Ethereum Spike Fuels Buzz
Monday, July 21, 2025 - 10:39pm | 785Ark Invest, led by Cathie Wood, made significant trades on Monday. Notably, the firm increased its stake in Bitmine Immersion Technologies Inc. (NYSE:BMNR) and Advanced Micro Devices Inc. (NASDAQ:AMD) while reducing its holdings in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ). These...
-
Palantir Chair Peter Thiel's Pro-Doping Enhanced Games Aims To Raise $300M: Report
Saturday, July 6, 2024 - 1:30pm | 569The Enhanced Games, an Olympics-style event permitting doping and supported by billionaire Peter Thiel, is reportedly in discussions to secure approximately $300 million in funding. Thiel cofounded Palantir Technologies Inc.’s (NYSE:PLTR) and PayPal Holdings, Inc. (NASDAQ:PYPL). Christian...
-
Bearish On COIN? Cathie Wood's Ark Invest Sells $16M In Coinbase Stock
Tuesday, February 27, 2024 - 3:37pm | 683Over the past week, Ark Invest sold 93,435 shares of Coinbase (COIN). The shares were worth around $16 million and were sold across three exchange-traded funds (ETFs). Ark sold 54,307 shares worth $9 million from the Innovation ETF (ARKK), 28,222 worth $4.7 million from the Next Generation...
-
If You Invested $1,000 In Binance Coin One Year Ago, Here's How Much You'd Have Now
Tuesday, June 8, 2021 - 1:01pm | 537Investors who have owned stocks in the past year have generally experienced some big gains. But there is no question some big-name cryptocurrencies have left the stock market in the dust. Binance Coin’s Big Run: One cryptocurrency that has been a great investment in the past year has been the...
-
Fitbit's Inventory Into Christmas Signals Risk To Q1 Street Estimates
Wednesday, December 21, 2016 - 3:23pm | 343Pacific Crest said the Street’s first-quarter estimates for Fitbit Inc (NYSE: FIT) may be at risk, as checks show the company’ days of inventory have trekked higher exiting the quarter. “While a Q1 miss could mean more downside, we think buy-side expectations are below sell-side...
-
Winklevoss Twins Approach BATS Global Markets To List Bitcoin ETF
Thursday, June 30, 2016 - 10:23am | 341Cameron and Tyler Winklevoss are notable Bitcoin investors and run a family office called Winklevoss Capital Management, which invests in various asset classes. The twin brothers also own approximately 1 percent of all bitcoins in circulation through their family office. According to a regularity...
-
SunTrust's Peck Sees Captivate Corporate Wellness Event As Potentially Pivotal For Fitbit
Thursday, May 19, 2016 - 4:55pm | 342In a report issued Thursday, SunTrust’s Bob Peck and his team reiterated a Buy rating on Fitbit Inc (NYSE: FIT) noting that (1) the payments business could increase stickiness and (2) the upcoming Captivate Corporate Wellness Event could prove pivotal for the company. Last week, Fitbit...
-
Barclays Calls Fitbit's Payment Acquisition 'Meaningful'
Thursday, May 19, 2016 - 10:45am | 309Fitbit Inc (NYSE: FIT) announced the acquisition of wearable payment assets from Coin, a consumer electronics and financial technology company, at an undisclosed price. Barclays’ analysts expect the acquisition to be meaningful once the integration into Fitbit’s product platform is...
-
Sizing Up The Universal Card
Thursday, March 5, 2015 - 2:26pm | 1126Universal cards seem to be the credit card version of universal remotes. They are handy, but ultimately do not eliminate the individual components. While they can minimize on-the-go space, their true appeal is in their mobility, simplicity and convenience. Instead of having multiple cards used...