Cathie Wood sees these 2 trends as the next big things after electric vehicles

Ark Invest’s Cathie Wood said digital wallets and genomics are the next two biggest disruptive trends after Tesla and electric vehicles. “We’re very excited about digital wallets,” Wood said on CNBC’s “The News with Shepard Smith” on Tuesday. “We really think that these digital wallets and two-sided market places, merchants and consumers…are going to usurp … Read more

Cryptocurrency market value tops $2 trillion for the first time as ethereum hits record high

In 2021, bitcoin and ether have seen huge rallies. In April 2021, the cryptocurrency market topped $2 trillion in value for the first time. Jaap Arriens | NurPhoto | Getty Images GUANGZHOU, China — The value of the cryptocurrency market topped $2 trillion for the first time on Monday driven by a rally in ether, … Read more

Here’s who runs Twitter under Jack Dorsey

Twitter CEO Jack Dorsey testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on “Social Media’s Role in Promoting Extremism and Misinformation” in Washington, March 25, 2021. CNBC After setting ambitious user growth and revenue goals last month, Twitter is gearing up for what could … Read more

Why this tech entrepreneur left the Bay Area for Arkansas and closed his offices for good

Phil Libin, CEO of All Turtles and Mmhmm CNBC In December, internet entrepreneur Phil Libin loaded up his car and, along with his girlfriend, drove almost 2,000 miles from his home in San Francisco to Bentonville, Arkansas. They’ve since moved a few miles east to the neighboring town of Rogers. Libin, who’s best known as … Read more

Coinbase CEO Brian Armstrong owns close to $14 billion of company stock ahead of market debut

Coinbase co-founder and CEO Brian Armstrong speaking at TechCrunch Disrupt SF 2018. Steve Jennings | Getty Images for TechCrunch When Coinbase hits the public market in the coming weeks, CEO Brian Armstrong is poised to rank among the wealthiest people in tech. Armstrong, who co-founded the cryptocurrency exchange in 2012 after working for a year … Read more

Bitcoin tops $1 trillion in value again as the cryptocurrency’s price jumps

In this photo illustration, a visual representation of the digital Cryptocurrency, Bitcoin is on display in front of the Bitcoin course’s graph on February 09, 2021 in Paris, France. Chesnot | Getty Images Bitcoin’s value surpassed $1 trillion on Tuesday as the price of the cryptocurrency jumped. The digital coin’s price rose on Tuesday and … Read more

Jack Dorsey is offering to sell the first tweet as an NFT and the highest bid is $2.5 million

Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Prakash Singh | AFP | Getty Images Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token, or NFT. The Twitter CEO shared a … Read more

Cathie Wood bought $95 million worth of Zoom Video as stock dropped on Tuesday

Zoom founder Eric Yuan poses in front of the Nasdaq building as the screen shows the logo of the video-conferencing software company Zoom after the opening bell ceremony on April 18, 2019 in New York City. Kena Betancur | Getty Images Cathie Wood continued to buy the dip in her favorite stocks, including a major … Read more

Jim Cramer says these five reopening stocks are being ignored by Wall Street

CNBC’s Jim Cramer on Monday pulled back the curtain on five under-the-radar reopening plays as the stock market anticipates a resurgence in the American economy, turning his attention from the most talked-about recovery stocks. The reopening thesis was furthered by federal authorization of a coronavirus vaccine from Johnson & Johnson, the third inoculation to be … Read more

Square saw 1 million users buy bitcoin for first time during January’s upswing, CFO says

Square‘s Cash App platform saw a surge in first-time bitcoin buyers last month, CFO Amrita Ahuja told CNBC on Wednesday. “We had 3 million people transact in bitcoin through Cash App in 2020 and 1 million who were new to bitcoin in January [2021],” Ahuja said on “Squawk Alley,” just a day after her company … Read more