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Rachit Vats

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Cathie Wood Loads Up On DraftKings, Coinbase, Palantir, Sells Nvidia, Square

By Rachit Vats
Today, 4:44 AM
Cathie Wood-led Ark Investment Management on Tuesday snapped up another 236,348 shares of cryptocurrency exchange Coinbase Global Inc (NASDAQ: COIN).

ARKF

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Discord Sets Aside Microsoft’s Acquisition Bid In Favor Of IPO Plan Revival: WSJ

By Rachit Vats
Today, 4:44 AM
Messaging platform Discord Inc has ended acquisition talks with Microsoft Inc (NASDAQ: MSFT) as it plans to stay independent and chase a potential initial public offering, The Wall Street Journal 

CRSR

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How PayPal Plans To Find Ground In China’s Payments Market Dominated By Alibaba, WeChat Parent Tencent

By Rachit Vats
Today, 4:44 AM
PayPal Holdings Inc (NASDAQ: PYPL) is planning to launch a local wallet in China that will focus on cross-border payments, CNBC reported on Monday citing Hannah Q

BABA

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Oatly, Vegan Milk Maker Backed By Oprah, Files For US IPO: What You Need To Know

By Rachit Vats
Today, 4:44 AM
Blackstone Group Inc (NYSE: BX)- and Oprah Winfrey-backed Swedish vegan food and drinks maker Oatly Group AB on Monday filed for an initial public offering in the United States and said may consider adding a listing in Hong Kong over the next two years.

BX

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3 minute read
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Cathie Wood Buys Peloton, Coinbase Dips, Cuts Nvidia Stake

By Rachit Vats
Today, 4:44 AM
Cathie Wood-led Ark Investment Management on Monday snapped up shares of the exercise bike maker Peloton Interactive Inc (NASDAQ: PTON) amid weakness related to a U.S.

ACIC

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Why Cathie Wood Is Bullish On Crypto Play Silvergate Despite Recent Slump

By Rachit Vats
Today, 4:44 AM
Cathie Wood-led Ark Investment Management believes the Silvergate Capital Corp (NYSE: SI) stock will benefit from increased crypto adoption and investors likely sold the stock last week to raise funds and buy Coinbase Global Inc (NASDAQ:
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Lordstown Endurance Truck Falls Short Of Completing Desert Race, Withdraws At 40 Miles

By Rachit Vats
Today, 4:44 AM
Lordstown Motors Corp (NASDAQ: RIDE) said on Sunday its electric pickup truck Endurance, which competed in the off-road desert race SCORE International San Felipe 250, failed to cross the finish line in Baja California, Mexico.
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Clubhouse Said To Get $4B Valuation In Latest Funding As Rivals Inch Closer

By Rachit Vats
Today, 4:44 AM
The audio-based social media startup Clubhouse announced Sunday it had secured an undisclosed amount of funding in a  Series C round led by existing investor Andrew Chen, of Andressen Horowitz, as it looks to scale up in face of rising competition.
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1 minute read
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Rivian Follows In Tesla’s Footsteps To Roll Out In-House Insurance Service

By Rachit Vats
Today, 4:44 AM
Amazon.com Inc (NASDAQ: AMZN)- and Ford Motor Co (NYSE: F)-backed electric vehicle startup Rivian on Thursday announced its own in-house insurance program for customers as it speeds closer to the launch of its firs
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Elon Musk Confirms Tesla Cybertruck Spot At Giga Texas But Falls Short Of Giving Timeline On Production

By Rachit Vats
Today, 4:44 AM
Tesla Inc (NASDAQ: TSLA) CEO Elon Musk on Thursday took to social media site Twitter to confirm the sighting of its highly-anticipated EV, Cybertruck, at the upcoming Gigafactory Texas where it will be built but stopped short of spelling out the exact production timelines.

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