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Nvidia to Face Its First AI Antitrust Charge, Says Report. Why Investors Should Relax. -- Barrons.com
Nvidia's dominance in providing chips to power artificial-intelligence technology was bound to attract the notice of regulators.
Ex-Twitter Executive Steers AI Startup Abnormal Security To $5B Valuation In Latest Funding Round: Report
Abnormal Security, an AI-powered cybersecurity startup, is reportedly set to be valued at $5 billion in a new funding round, marking a significant increase from its previous valuation.What Happened: T
Nasdaq 100 Notches Record Daily Close, Boosted By Mega-Cap Giants, Fed Rate Cut Optimism
The tech-heavy Nasdaq 100 Index closed Tuesday's session at 20,011 points, rallying 1% and marking the highest daily closing price ever recorded,Shares of Microsoft Corp. (NYSE:MSFT), Apple Inc. (NASD
Earnings Season Set to Give Big Tech a Reality Check Amid Valuation Pressures
As we approach mid-July, all eyes are on the Q2 earnings season, particularly for big tech companies. Investors are keenly aware that the performance of tech giants such as
Nvidia CEO Jensen Huang Sells Over $29M Worth Of Shares As Company's Stock Shoots Up 155% In 2024 Amid AI Frenzy
Nvidia Corp (NASDAQ:NVDA) CEO Jensen Huang has sold over $29 million worth of shares amid the company's remarkable stock market performance.
Bank of America report: Active funds cool off enthusiasm for semiconductor stocks, Nvidia (NVDA.US) remains popular.
According to Zhitong Finance and Economics APP, Bank of America released a report stating that although the semiconductor industry has performed strongly so far this year, its relative weight in active funds is still declining. Bank of America said that the relative weight of the semiconductor industry fell by 9% MoM to 0.99 times, and has continued to decline from 1.16 times in June 2023, below the peak of 1.36 times in March 2017. Despite the drop in relative weight, Nvidia (NVDA.US) still has the largest number of holdings, with 68% of fund managers holding the stock. This ratio is still at a historical high and has increased MoM.