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Apple, Meta, & Amazon Lead Tech Firms Pledging $1T in US Investment

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Things have changed drastically in a year, as the arrival of United States President Donald Trump is looking to drive businesses back to the North American nation. So far, it looks to be working, specifically for one of the largest sectors in the world. Indeed, Apple (AAPL), META, and Amazon (AMZN) are leading a number of tech firms pledging $1 trillion in US investments. The inauguration of President Trump saw a sea of investments come from some of the largest tech companies in the world. That has only continued less than two months into his return to the Oval Office. Indeed, the commitment was highlighted by Apple’s mammoth promise of $500 billion in US investments over the next four years. The development could work to make the country a technology hub once again. Source: Unsplash Also Read: Bank of America to Launch USD-Pegged Crypto Stablecoin Apple and Others Promise $1 Trillion in US Tech Investments The arrival of US President Donald Trump has truly been a gamechanger, in ...

Cathie Wood Bullish After XRP Lawsuit; Ark Sells Coinbase And Tesla, Buys Meta & Robinhood

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Cathie Wood said she remains bullish on Bitcoin and Coinbase after the XRP lawsuit ruling. Wood explained on Monday that they are just taking profits and reallocating capital to other performing shares. She told Bloomberg that Ark Invest funds are starting to witness inflows as they started taking profits after buying at dips. advertisement Cathie Wood’s Ark Invest Offloads Coinbase and Tesla Shares According to transactions seen by CoinGape, Cathie Wood’s Ark Invest funds sold a total of 248,838 Coinbase (COIN) shares worth $26 million and 45,184 Tesla (TSLA) shares worth $13 million on July 17. Cathie Wood’s flagship fund ARK Innovation ETF (ARKK) sold 127,266 COIN shares, ARK Next Generation Internet ETF (ARKW) sold 44,784 COIN shares, and ARK Fintech Innovation ETF (ARKF) offloaded 76,788 COIN shares. COIN stock price closed 0.23% up at $105.55 on Monday amid profit booking by investors. COIN price hit a 52-hour high of $114.43 as stock pr...