Jezebel | The Who’s Who of Trump’s Crypto Loser Bash by Claire Guinan

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The article reports that a high‑priced “crypto & business conference” dubbed the “Trump’s Crypto Loser Bash” will be held at Mar‑a‑Lago, promising a keynote from former President Donald Trump and a VIP luncheon for the top investors in his $TRUMP meme‑coin. Admission is limited to the 297 largest purchasers—currently costing $512,000 each, with the 29 biggest investors paying about $59 million for VIP status—and attendees will receive a Trump‑branded NFT, fragrance, posters, trading cards and a watch. The guest list includes celebrity Mike Tyson, motivational speaker Tony Robbins, and CEOs such as Paolo Ardoino (Tether), Nikil Viswanathan (Alchemy) and Anthony Pompliano, along with hedge‑fund figures like Tim Draper and Cathie Wood. Lawmakers—including Senators Elizabeth Warren, Adam Schiff and Richard Blumenthal—have requested documents from the event’s organizer, Fight Fight Fight LLC, alleging that the conference leverages Trump’s office for personal profit by enticing purchases of his meme‑coin despite uncertainty about his attendance. The piece critiques the extravagance and perceived corruption of the gathering, noting previous similar Trump‑promoted meme‑coin fundraising events.

Read more: https://www.jezebel.com/the-whos-who-of-trumps-crypto-loser-bash

#Trump #BillZanker #MikeTyson #PaoloArdoino #NikilViswanathan #AnthonyPompliano #TimDraper #CathieWood #TonyRobbins #ElizabethWarren #AdamSchiff #RichardBlumenthal

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yahoo news | Cathie Wood buys $11 million of tumbling megacap tech stock

Cathie Wood, the founder of Ark Investment Management, continued her pattern of buying technology stocks when they dip, purchasing roughly 85,500 shares of Palantir Technologies—about $11 million at the latest close—despite the company’s shares being down nearly 30 % year‑to‑date. Wood’s flagship Ark Innovation ETF (ARKK) has seen volatile performance, soaring 35.5 % in 2023 but falling about 11 % YTD as of April 10, while the broader S&P 500 slipped slightly. Her reputation rests on the 153 % return the fund posted in 2020, contrasted with steep losses in bearish cycles such as the 60 % tumble in 2022, leaving the fund with a five‑year annualized return of –10.7 % versus 12.2 % for the S&P 500.

Wood argues that the global economy is heading toward a “great acceleration” driven by AI, robotics, blockchain, energy storage and other breakthrough technologies, which she believes could lift real GDP growth to 7‑8 % and be deflationary as AI training and inference costs plunge. In a January letter she dismissed talk of an AI bubble, insisting that a massive capital‑spending cycle is imminent. Nevertheless, ARKK has faced outflows of about $1.34 billion over the past year, with investors pulling $225 million in the last month alone.

Palantir, a data‑analytics and AI software provider serving both commercial clients and the U.S. military, posted strong Q4 earnings—adjusted EPS of $0.25 and 70 % revenue growth to $1.41 billion—yet its valuation remains a point of contention. While Wood has been trimming the stock over several quarters, this fresh $11 million purchase signals renewed confidence after a steep pullback; she has also added positions in Tesla, Robinhood and Kodiak AI while selling AMD. The move underscores Wood’s long‑term belief that Palantir will dominate a crucial portion of the AI tech stack despite its high price.

Read more: https://finance.yahoo.com/markets/stocks/articles/cathie-wood-buys-11-million-191300827.html?fr=sycsrp_catchall

#cathiewood #arkinvestment #palantirtechnologies #arkk

qwant news | Peter Thiel-Backed Crypto Platform Bullish Climbs 4.16% — But Cathie Wood Is Trimming Her Stake - Bullish (NYSE:BLSH) by undefined

Bullish, the digital‑asset platform backed by Peter Thiel, released its fourth‑quarter 2025 results on 5 February 2025. The company posted adjusted revenue of **$92.5 million** and adjusted EBITDA of **$44.5 million**, both up year‑over‑year, while its net loss widened to **$563.6 million**. Adjusted net income improved to **$28.9 million** despite a modest decline in digital‑asset sales, which fell to **$64.3 billion**. For 2026, Bullish forecasts subscription, services and other revenue of **$220 million–$250 million**, with adjusted operating expenses expected to run between **$210 million and $230 million**.

On Monday, Cathie Wood’s Ark Invest trimmed its position in Bullish, executing sales through its ARK Innovation ETF (ARKK) and ARK Next Generation Internet ETF (ARKW). ARKK sold **31,154 shares** and ARKW off‑loaded **8,208 shares**, amounting to roughly **$1.57 million** in total value based on Bullish’s closing price of $39.55. The divestment coincided with Bullish’s stock rising **4.16 %** that day, a move noted by Benzinga’s market‑tracking tools.

Other notable activity included purchases of 10X Genomics (TXG) by ARKG (14,380 shares) and ARKK (84,342 shares). Benzinga’s Edge Stock Rankings flagged Bullish as having a positive short‑ and medium‑term price trend. The story, compiled by Benzinga Neuro and edited by Shivdeep Dhaliwal, is provided for informational purposes only and does not constitute investment advice.

Read more: https://www.benzinga.com/etfs/broad-u-s-equity-etfs/26/03/51422820/peter-thiel-bullish-stock-cathie-wood-trims-stake

#peterthiel #bullish #cathiewood #arkinvest #arkinnovationetf