Cathie Wood's ARK Invest bought $7 million in SpaceX stock during a dip, funded by selling Alibaba shares, betting on SpaceX's AI and orbital data center potential. The purchase marks ARK's third dip-…
ARK Invest CEO Cathie Wood sold $54.2 million in Alibaba stock on June 26, part of a two-day reduction exceeding $71 million, and used the proceeds to buy $9.7 million in Coinbase and $4.5 million in …
Securitize, a tokenization infrastructure firm, went public via a SPAC merger and now trades on the NYSE under SECZ, with BlackRock as its key partner for the BUIDL fund. The company sits at the cente…
ARK Invest CEO Cathie Wood purchased 223,690 shares of Snowflake worth $52.45 million and $22 million in Tesla on June 18, signaling a capital rotation toward AI-adjacent growth stocks. The firm also …
Nvidia is backing Hydra Host, a startup that raised $100 million in Series A funding to build a marketplace for renting GPU capacity, effectively commoditizing Nvidia's own chips. The company, founded…
Hydra Host CEO Aaron Ginn warns data centers against investing in custom hyperscaler chips from companies like Google, arguing they serve too few customers and act as defensive moats rather than versa…
Circle, the company behind the USDC stablecoin, raised $222 million in a private presale of its native ARC token for its purpose-built Layer-1 blockchain, Arc, achieving a $3 billion fully diluted val…