The week has been a rollercoaster ride for the tech giant Apple Inc. (NASDAQ:AAPL). Here’s a quick summary of the top stories that made headlines. Visa delays threaten talent mobility Apple warned employees with visas about the potential risks of traveling abroad due to significant delays in visa appointments at US embassies. The delays could […]
Liquor magnate Mike Repolewho sold Glaceau and BodyArmor to Coca Cola Co. (NYSE:KO) for nearly $10 billion, warns that entrepreneurship is much riskier than most success stories suggest. Repole warnings against startup risks Repole, 56, said in an interview with the School of Hard Knocks, a social media channel featuring successful entrepreneurs, that he often […]
Tesla Inc (NASDAQ: TSLA) Shares have soared in recent days on progress made with the company’s autonomous vehicle vision. A US senator could chill the rally with a bill aimed at disrupting self-driving vehicles. • Tesla shares are trending upward. What’s ahead for TSLA stock? Senator targets Tesla with new bill Sen. Ed Markey (D-Mass.) […]
Michael Burrythe investor known for predicting the 2008 financial crisis shared insights on why mastering an industry isn’t necessary to succeed in investing. Michael Burry’s early engineering journey On Thursday, to XBurry recalled that in 1982-83 he worked with a friend who would later work at Microsoft Corp (NASDAQ: MSFT)created a stock market game using […]
Rising Dragon Acquisition Corp. (NASDAQ:RDAC) Shares rose 33.20% to $13.84 in after-hours trading Thursday after the company filed a Form 8-K with the Securities and Exchange Commission. View the current price of RDAC shares here. An 8-K filing with the SEC reports material events that investors should be aware of between a company’s quarterly reports. […]
Cabin 8 Corp. (NASDAQ:HUT) Shares rose on Wednesday after the company announced a long-term lease deal that solidifies its position in the fast-growing AI data center market. The company has signed a 15-year lease worth $7.0 billion Fluid stack for 245 megawatts of IT capacity at the River Bend data center campus in Louisiana. The […]
Sam Altman-led OpenAI will bring the former British Chancellor George Osborne to a leading global role as changing US-UK technology relationships and intensifying competition over AI infrastructure reshape the international landscape. Osborne will head the global AI initiative Osborne will lead the “OpenAI for Countries” initiative, which aims to help governments improve their AI capabilities. […]
One of OpenAI’s largest data center partners, with whom it recently signed a multi-year, multi-billion dollar deal, is coming under increasing pressure amid increasing attention to the same deal. The share in question is Oracle Corp. (NYSE:ORCL)which, after soaring to dizzying heights a few months ago, thanks to its $300 billion deal with OpenAI, has […]
Donald Trump’s son-in-law, Jared Kushner’s private equity firm, Affinity Partnersreportedly leaves the fight to acquire Warner Bros. Discovery (NASDAQ:WBD). Affinity Partners leaves the Paramount-backed bid Earlier this month, Paramount Skydance Corp (NASDAQ:PSKY) launched a $108 billion hostile bid for Warner Bros. Discovery. They leveraged the backing of Affinity Partners and Middle Eastern sovereign wealth funds. […]
As we head into the new week, let’s take a look at some of the most intriguing stories that happened this past week. From challenge to Nvidia Corp. (NASDAQ:NVDA) Through Michael Burry Unpleasant Elon Musk‘s shopping problems, here’s what you might have missed. Michael Burry asks for photos of stored Nvidia GPUs Over the weekend, […]