Apple’s AI iPhone 16: Apple stock slumps during long-awaited event
The “first iPhones designed from the ground up” for AI were introduced Monday.
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Apple and Nvidia in talks to join OpenAI funding round, reports
Apple and Nvidia are reportedly in discussions to join a major funding round for OpenAI. The new round of investment could push the ChatGPT-maker’s valuation above US$100 billion.
Nvidia tops expectations again after reporting record revenues
Nvidia shares are up more than 150% on the year amid a demand surge for its AI-powering chips.
Exclusive: Google exec shares the key to ROI on Generative AI
While 74% of companies are seeing positive returns, Vice President of Global Generative AI Go-To-Market for Google Cloud Oliver Parker says C-level buy-in boosts them.
Why legendary investor Bill Miller still loves Bitcoin — and 3 ways to beat the market
Few mutual fund managers can come close to this former Legg Mason portfolio manager’s 15-year market-beating record. Below he discusses lessons he has learned, plus his firm’s top ten holdings.
Victoria’s Secret shares surge as firm hires former Savage x Fenty exec as new CEO
A former Savage X Fenty executive will replace Martin Waters at Victoria’s Secret.
Google illegally acted as a search monopoly, judge rules in major case
The case against Google follows a string of antitrust suits targeting tech giants, including Meta and Apple.
Magnificent 7 sheds over $1 trillion as Apple, Nvidia stocks head to worst days since 2020
Apple shares opened down 8%, Microsoft 5%, Nvidia 14%, Google parent Alphabet 6%, Amazon 8%, Facebook parent Meta 7% and Tesla 11%.
These billionaires lost the most during Monday’s stock market carnage
The global stock market slide wiped out billions of dollars from the net worths of the world’s richest people.
Billionaire Bill Ackman’s Pershing Square withdraws IPO
Investor Bill Ackman had planned to take his capital management firm public as a hedge fund for ordinary investors.