Block, Inc. Class A Common Stock (XYZ)

The Square parent will join the benchmark index before Wednesday's open.

The stock was a pandemic darling, but investors have endured several years of miserable performance since it all came apart.

On Thursday, Cathie Wood-led Ark Invest made significant trades involving Tempus AI Inc. (NASDAQ:TEM), Coinbase Global Inc. (NASDAQ:COIN), Robinhood Markets Inc. (NASDAQ

On Wednesday, the Cathie Wood-led Ark Invest made a significant move by purchasing a substantial number of shares in Tempus AI Inc. (NASDAQ:TEM) and selling shares of Block Inc. (NYSE:XYZ).

Twitter (Now X) co-founder and Block Inc. (NYSE: XYZ) CEO, Jack Dorsey, has launched a beta version of a new decentralized messaging service, Bitchat, that operates entirely over Bluetooth.

The technology sector has been one of the hottest areas of the market today, with leading price action and hot fundamentals, though some have been left behind.

On Thursday, Cathie Wood-led Ark Invest made notable trades, including the sale of shares in Coinbase Global Inc. (NASDAQ:COIN) and Block Inc. (NYSE:XYZ).

David Tepper's hedge fund Appaloosa made changes to its portfolio in Q1, reducing its holding in tech giant Nvidia Corp.

Social media platform X, formerly known as Twitter, is planning to roll out features that allow users to trade and invest directly from the app, according to CEO Linda Yaccarino.