RT ARK Invest (@ARKInvest)When innovation meets monetary policy.Today at 1pm ET, ARK CEO/CIO @CathieDWood shares the stage with leaders from @coinbase, @stripe, and @googlecloud at the @federalreserve's Payments Innovation Conference, speaking on AI in payments.Watch here: https://t.co/r6UrGgbSxV ...

💥BREAKING:The Federal Reserve is hosting its Payments Innovation Conference,Featuring top executives from Chainlink, BlackRock, Coinbase, Google Cloud, BNY Mellon, Circle, Paxos, Franklin Templeton, ARK Invest, Stripe, Fifth Third Bank, DolarApp, Lead Bank, Fireblocks, DRW, and JPM Kinexys. ...

LIVE: The Federal Reserve on Payments Innovation https://t.co/HpWvVo8CPY ...

Industry Events - A Federal Reserve "Payments Innovation" conference will be held later this month [1] - Cathie Wood of Ark Investment Management, BlackRock's Rob Goldstein, and Circle's Heath Tarbert will participate in the conference [1]

Group 1: Major Acquisitions - Electronic Arts (EA) is being acquired by a consortium including Saudi Arabia's Public Investment Fund (PIF), Silver Lake, and Affinity in a $55 billion deal, valuing the company at approximately $210 per share [3][8] - Novartis AG has launched a tender offer to acquire all outstanding shares of Tourmaline Bio for $48 per share in cash, with a total transaction value of approximately $1.4 billion [4][8] Group 2: Market Sentiment and Economic Concerns - Fears of a potential U.S. government shutdown are driving investors towards safe-haven assets, resulting in a firming of U.S. Treasuries and pushing U.S. gold reserves to a record $1 trillion [5][8] - Federal Reserve Governor Christopher Waller has advocated for an open approach to new payment technologies, including stablecoins, emphasizing the need for consumer safety guardrails [6][8] Group 3: Corporate Developments - Chipotle Mexican Grill plans to introduce a new Red Chimichurri sauce in the U.S. and Canada, expanding its menu offerings [9] - ASML Holding received an upgrade to "Buy" from Mizuho, supported by positive spending trends affecting its earnings outlook [9] - Moody's maintained JLR's BA1 credit rating but shifted its outlook to negative due to a significant cyber disruption [9] Group 4: IPO Activity - Fermi Inc. has announced plans to sell 32.5 million shares of common stock in an Initial Public Offering (IPO) [7][8]