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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...

Fintech Block Inc (NYSE:XYZ) is the latest company to announce a series of layoffs with 931 people, or around 8% of the company laid off in the latest round. Company co-founder and CEO Jack Dorsey sent a letter to employees on the latest news. Here's what Dorsey had to say. What Happened: Dorsey...

Block (NYSE:XYZ) analysts expect a 2025 that is second-half weighted for the company after fourth-quarter financial results and guidance. The Block Analysts Benchmark analyst Mark Palmer reiterated a Buy rating on Block with a price target of $99. Citizens analyst Andrew Boone maintained a Market...

Financial technology company Block Inc (NYSE:XYZ) could highlight its growth across several sectors along with its place in the cryptocurrency ecosystem when the company reports fourth-quarter financial results Thursday after market close. Earnings Estimates: Analysts expect Block to report fourth-...

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Palantir Technologies Inc (NASDAQ:PLTR). and Block Inc. (NYSE:SQ). Notably, the firm had sold shares of both these companies ahead of Christmas as well. The Palantir Trade Ark Invest decided to sell 103,410 shares of Palantir...

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, bringing the federal funds rate to 4.5%-4.75%, its lowest since February 2023. The Fed’s statement acknowledged solid economic growth and easing inflation but omitted prior language on confidence in reaching the 2%...

On Wednesday, Ark Invest, led by Cathie Wood, made significant trades in Moderna Inc. (NASDAQ:MRNA) and Square Inc. (NYSE:SQ). The Moderna Trade Ark Invest removed 49,922 shares of Moderna Inc. (NASDAQ:MRNA) from its ARK Genomic Revolution ETF (BATS:ARKG) on Wednesday. The trade is estimated to be...

On Monday, Cathie Wood-led Ark Invest made significant trades, with the most notable being the trades in Coinbase Global Inc (NASDAQ:COIN), Meta Platforms Inc (NASDAQ:META), Palantir Technologies Inc (NYSE:PLTR), Block Inc (NYSE:SQ), Tesla Inc (NASDAQ:TSLA) and Amazon.com, Inc (NASDAQ:AMZN). The...

On Thursday, the Cathie Wood-led Ark Invest made significant moves in the market, with prominent trades involving Tesla Inc. (NASDAQ:TSLA), Meta Platforms Inc. (NASDAQ:META), Palantir Technologies Inc. (NYSE:PLTR) and Block Inc (NYSE:SQ). The Tesla Trade: Ark Invest’s ARK Innovation ETF (NYSE...

On Monday, Cathie Wood’s Ark Invest made significant trades in Amazon.com Inc (NASDAQ:AMZN), Robinhood Markets Inc (NASDAQ:HOOD), Block Inc (NYSE:SQ), Advanced Micro Devices, Inc. (NASDAQ:AMD), Meta Platforms Inc. (NASDAQ:META), Tesla Inc (NASDAQ:TSLA) and Palantir Technologies Inc (NYSE:PLTR...

On Tuesday, Cathie Wood-led Ark Invest made significant trades, most notably selling off shares of Block Inc. (NYSE:SQ). The SQ Trade Ark Invest sold 17,816 shares of the Jack Dorsey-headed Block Inc. from its ARKK fund. This move comes despite Block Inc.’s recent positive second-quarter...

The race for faster financial transactions is heating up, and several fintech companies are at the forefront with new real-time payment solutions. These 10 companies are transforming how we handle money, making transactions instant and efficient. As we approach the Benzinga Fintech Deal Day &...

Jack Dorsey, the co-founder of Twitter, now known as X, has reportedly inadvertently funded a developer with ties to a Brazilian fascist through his $10 million donation to the decentralized social-media protocol Nostr. What Happened: The recipient of Dorsey’s funding, Giovanni Torres Parra,...

On Tuesday, Cathie Wood’s Ark Invest made some significant trades, notably buying shares of Shopify Inc (NYSE:SHOP) and selling off Block Inc (NYSE:SQ) stocks. The Shopify Trade Ark Invest’s ETFs, including Ark Fintech Innovation ETF (NYSE:ARKF), ARK Innovation ETF (NYSE:ARKK), and ARK...

On Monday, Cathie Wood’s Ark Invest made some significant trades, the most notable being the purchase of Shopify Inc (NYSE:SHOP) shares and the sale of Block Inc (NYSE:SQ) shares. The Shopify Trade Ark Invest’s ETFs, including Ark Fintech Innovation ETF (NYSE:ARKF), ARK Innovation ETF (...