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The Latest Breaking News from Block

Cathie Wood Buys Millions of Dollars Worth of an 'Undervalued' Company

Ark Invest loves the makers of a popular mobile payment app.

The Street

'I was drinking and taking drugs every day before being rescued from a motorway bridge - now I'm in the best place of my life'

War veteran Richard suffered trauma from a young age

Manchester Evening News

Strike expands Bitcoin payments to 65 countries, moves global headquarters to El Salvador

The Jack-Mallers led Lightning app says it can now support nearly 3 billion people globally.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Channel Seven builds Dream Home to rival The Block

Seven has confirmed a new renovation show, Dream House. But the creator of Nine's show, The Block, isn't afraid of the potential competition.

The New Daily

Judge nixes Block shareholder suit over online music deal

A Delaware judge has dismissed a shareholder lawsuit against financial technology company Block Inc. over its 2021 acquisition of majority ownership in a music streaming service partly owned by rapper Jay-Z

The Independent UK

Cathie Wood Watch: Ark Resumes Purchases of Block

Her flagship Ark Innovation ETF has slumped 76% from its February 2021 peak, but has gained 21% so far this year.

The Street

Dow Jones Surges 450 Points On Strong Jobs Report. AAPL Stock Jumps On Earnings.

The Dow Jones rallied 450 points on a strong April jobs report. AAPL stock jumped, while Carvana, DraftKings and Square were other key earnings movers.

Investors Business Daily

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Cash App’s quarterly Bitcoin sales approach $2.2 billion, up 25% year over year

The increase in Bitcoin sales is a reverse from the prior quarter.

Fortune

Square Earnings Top Estimates Amid Cash App Growth Controversy

Square reported first-quarter results that topped Wall Street targets as the company's gross profit came in above expectations.

Investors Business Daily

Short-seller Hindenburg accuses corporate raider Carl Icahn of a “ponzi-like” corporate setup

Hindenburg claims Icahn’s exchange-listed investment vehicle lures small amateur investors with an excessively generous dividend funded by issuing $1.7 billion in new shares since 2019.

Fortune

Jack Dorsey is the hero that crypto needs right now

Elon Musk is a favorite of many crypto fans, but Jack Dorsey is a much better choice.

Fortune

Intel Discontinues Bitcoin-Mining Blockscale Chips, No Future Gens Announced

Intel released a bulletin that announces it is ending production of all of its known bitcoin-mining Blockscale ASICs.

Tom’s Hardware

Block partners with African crypto exchange Yellow Card

The maker of Cash App continues to double down on its investments in payment infrastructure outside the U.S.

Fortune

Bob Lee: Police say it’s ‘too early’ to tell if Cash App founder’s fatal stabbing was a random attack

San Francisco police chief William Scott says he is ‘100 per cent confident’ brutal murder of tech executive will be solved

The Independent UK

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news in one place.

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The Independent UK

Bob Lee: A genius tech visionary killed in a ‘horrifying act of violence’

Bob Lee’s creations helped to change the world. In touching online eulogies, friends say his work as a software developer and digital payment pioneer was only part of his brilliance. Bevan Hurley reports.

The Independent UK

Bob Lee: Shocking video appears to show onlookers ignore dying Cash App founder as he begs for help

Surveillance footage appears to show the fatally wounded tech entrepreneur seeking help in his final moments

The Street

Elon Musk Puts Huge Pressure on San Francisco

America's tech capital is rocked by the violent death of Bob Lee, a tech luminary who created Cash App, who was fatally stabbed in San Francisco on April 4.

The Street

Cathie Wood Watch: Ark Resumes Roku Purchases

Wood's flagship Ark Innovation ETF has tumbled 39% during the past year, but has rebounded 29% so far this year.

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news in one place.

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The Street

Cathie Wood Watch: Ark Buys Coinbase and Block

Her flagship Ark Innovation ETF has lost 46% during the past year but has rebounded 22% year to date.

The New Daily

Controversy swamps The Block amid housing crisis

Controversy surrounds this season of Nine's The Block amid current housing crisis, angry neighbours, and a surprise critic.

The Street

Cathie Wood Watch: Ark Buys Coinbase, Sells Exact Sciences

Wood's flagship Ark Innovation ETF has dropped 44% over the last year, but has rebounded 19% so far this year.

The Street

Cathie Wood Watch: Ark Sells Tesla for Second Straight Day

Wood's flagship Ark Innovation ETF has lost 42% during the past year, but has bounced back 20% so far in 2023.

The Street

Cathie Wood Watch: Ark Reverses on Tesla, Selling

Her flagship Ark Innovation ETF has dropped 43% during the past year, but has rebounded 21% so far this year.

The Street

Cathie Wood Doubles Down on a Disruptive Investment

Wood is buying a lot of market losers this week.

Investors Business Daily

Tesla Stock: Cathie Wood Sells $27 Million Of TSLA, Buys The Dip On Coinbase, Block

Cathie Wood, ARK Invest unloaded $27 million in Tesla stock Thursday to buy the dip on Coinbase as shares tumbled following a SEC warning.

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