Peter Thiel

Cathie Wood’s Ark Investment Management sold 228,594 shares of Palantir Technologies Inc (NYSE: PLTR), worth nearly $2.4 million, on Wednesday. Shares of the Peter Thiel-founded technology company slipped 2.8% to $10.14 in the after-hours session after closing 0.5% at $10.43 in regular...

Cathie Wood-led Ark Investment Management on Friday sold more shares of Palantir Technologies Inc (NYSE: PLTR) halving its exposure in the Peter Thiel-backed company. The popular investment management firm sold 13.5 million shares of the big data company, estimated to be worth $148.9...

Cathie Wood-led Ark Investment Management on Thursday significantly lowered its exposure to Palantir Technologies Inc (NYSE: PLTR) on the day shares of the Peter Thiel-backed company plummeted after it reported worse-than-expected quarterly earnings. The popular investment management firm...

Billionaire-entrepreneur Peter Thiel is leaving Facebook-parent Meta Platforms Inc’s (NASDAQ: FB) board. What Happened: The PayPal Holdings Inc (NASDAQ: PYPL) co-founder has decided not to stand for re-election to the Meta Board of Directors at its 2022 annual meeting of stockholders,...

A food delivery company is offering a new incentive to try to gain market share in the highly competitive market: free Bitcoin. What Happened: Bitcoin (CRYPTO: BTC) rewards company Lolli announced a partnership with food delivery company Grubhub, a unit of Just Eat Takeaway.com. NV - ADR (...

As COMPASS Pathways (NASDAQ: CMPS) crunches more data from a recent trial investigating psilocybin therapy for treatment-resistant depression (TRD), findings show that a higher dose of 25mg (compared to 1mg and 10mg) occasioned an increase in positive feelings of interest in life and a decrease in...

Biopharmaceutical conglomerate ATAI Life Sciences (NASDAQ: ATAI), a Peter Thiel-backed psychedelic startup that currently has 10 psychedelic programs in the works, has upped its stake in Compass Pathways (NASDAQ: CMPS), a drug developer looking to accelerate patient access to psilocybin...

Cathie Wood’s money managing firm Ark Invest on Wednesday continued to buy shares in Palantir Technologies Inc (NASDAQ: PLTR) on the dip. The popular stock picker’s investment firm bought 1.25 million shares —  estimated to be worth $28.19 million based on the latest closing...

Palantir Technologies Inc (NYSE: PLTR) Chief Operating Officer Shyam Sankar said at the company’s third-quarter earnings call that the company was going to be a “massive accelerant” for cryptocurrency businesses.  What Happened: “We are super excited about Foundry for...

Cathie Wood’s money managing firm Ark Invest on Tuesday bought 1.48 million shares—  estimated to be worth $35.98 million— in Palantir Technologies Inc (NYSE: PLTR) on the dip and after months of booking profit in the stock. Shares of the Peter Thiel-backed company closed 9....

Psychedelics have picked up more and more momentum on Wall Street, with famed investors such as Kevin O’Leary and Peter Thiel recognizing the potential in the psych drug industry.  Psychedelic drugs, such as psilocybin mushrooms and LSD, were once seen merely as a way for college...

Peter Thiel, the co-founder of Palantir Technologies Inc (NYSE: PLTR) and PayPal Holdings Inc (NASDAQ: PYPL), says he should have bought more Bitcoin (CRYPTO: BTC), according to a report from Bloomberg. What Happened: “You’re supposed to just buy Bitcoin,” he said at a...

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Palantir Technologies Inc. (NYSE: PLTR) shares were trading lower Monday. Co-founder Peter Thiel may be forced to withdraw billions from his Roth IRA after House Democrats revealed a tax package that would force distribution of individual retirement accounts, 401 (k) plans and other retirement...

Palantir Technologies Inc (NYSE: PLTR) and Paypal Holdings Inc (NASDAQ: PYPL) co-founder Peter Thiel could reportedly be forced to withdraw billions from his Roth IRA account should the House pass a piece of tax legislation that has cleared a key Committee. What Happened: Thiel could be forced to...