Jack Dorsey

On Wednesday, the Cathie Wood-led Ark Invest made a significant move by purchasing a substantial number of shares in Tempus AI Inc. (NASDAQ:TEM) and selling shares of Block Inc. (NYSE:XYZ). The trades were executed through the ARKG and ARKK ETFs. The Tempus AI Trade saw Ark Invest acquiring a...

Linda Yaccarino is moving on from social media platform X, two years after joining the company, which is owned by billionaire Elon Musk. Here's what Yaccarino had to say in her farewell, how Musk responded, and what comes next. What Happened: Yaccarino announced her departure from X on the social...

On Thursday, Cathie Wood-led Ark Invest made notable trades, including the sale of shares in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ). These trades come amid significant developments for both companies, with Coinbase receiving a price target boost and Block’s Bitcoin (...

Billionaire David Tepper‘s hedge fund Appaloosa Management L.P. made significant changes to its portfolio in the first quarter of 2025 as it reduced its holding in the Jensen Huang-led tech giant Nvidia Corp. What Happened: The hedge fund made crucial changes in its holdings during the...

Cathie Wood's Ark Invest made a blockbuster purchase of Circle Internet Group (NYSE:CRCL) shares on Thursday, marking a significant move in the evolving digital assets landscape. The bold acquisition came as Ark simultaneously reshuffled its cryptocurrency stock portfolio, reducing exposure to...

Jack Dorsey, co-founder and executive chair of Block Inc. (NYSE:XYZ), reiterated the Bitcoin (CRYPTO: BTC)-only strategy of its "Cash App" digital wallet service on Tuesday. What happened: Dorsey took to X, stating, "We are Bitcoin only. And improving rapidly,” in response to a post that...

As Bitcoin (CRYPTO: BTC) keeps climbing, some public companies aren't just watching from the sidelines – they're quietly raking in billions just by holding it. From household names like Tesla Inc. (NASDAQ: TSLA) and Block Inc. (NYSE:XYZ) to surprise entries like Semler Scientific Inc. (NASDAQ...

Restaurant company Steak ‘n Shake is a sponsor of the Bitcoin 2025 Conference and used the event to share an update on its recent push into Bitcoin (CRYPTO: BTC) as a payment option, as it also embraced the crypto community via social media posts. What Happened: While many in attendance at the...

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Block Inc. (NYSE:XYZ) and Baidu Inc. (NASDAQ:BIDU).  The investment firm sold shares of the Jack Dorsey-led company through its ARK Next Generation Internet ETF (BATS:ARKW) while acquiring shares of Baidu through the ARK...

Twitter founder Jack Dorsey has proposed a change to Bitcoin's (CRYPTO: BTC) base unit satoshi, claiming it would make the decentralized currency easier to use as a payment tool. What Happened: In a X post on May 18, Block CEO Jack Dorsey reignited the ongoing debate over Bitcoin's smallest unit,...

On Thursday, Cathie Wood-led Ark Invest executed a notable trade involving Block Inc. (NYSE:XYZ). The firm decided to sell 9,078 shares of the Jack Dorsey-led company through its ARK Next Generation Internet ETF (BATS:ARKW). The Block Inc Trade: Block’s recent quarterly earnings report fell...

Restaurant company Steak ‘n Shake is entering the world of cryptocurrency with plans to accept Bitcoin (CRYPTO: BTC) at all locations later this month. The move follows several other moves by the company targeting select groups of American consumers. What Happened: Steak ‘n Shake is adding Bitcoin...

On Thursday, Cathie Wood-led Ark Invest made significant moves in the stock market, focusing on Shopify Inc. (NASDAQ:SHOP), Palantir Technologies Inc. (NASDAQ:PLTR), and Block Inc. (NYSE:XYZ). The Shopify Trade Ark Invest’s funds, including Ark Fintech Innovation ETF (BATS:ARKF), ARK...

Jack Dorsey, CEO of Block Inc. (NYSE:XYZ), expressed excitement about the upcoming delivery of the firm’s first Bitcoin (CRYPTO: BTC) mining hardware on Thursday, developed as part of its mining products suite, Proto. What Happened: During the company’s first-quarter earnings call...

Wall Street experienced a positive momentum as the S&P 500 marked its eighth consecutive day of gains on Thursday, climbing 0.6% to 5,604.14. This rally helped the index recover from losses incurred due to trade tariffs announced by President Donald Trump. The Nasdaq also saw a significant rise...