(Bloomberg) — Paul Wick of Seligman Investments has been trimming his holdings of Nvidia Corp. in recent weeks after questioning earnings growth prospects at the stock market darling. Most Read from Bloomberg “Our enthusiasm has moderated somewhat over the last one to two weeks,” Wick said by video call at a UBS Group AG event […]
The market is up today, but Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) shares traded as much as 2.8% lower in early trading, cutting more than $50 billion off the company’s valuation. The stock recovered slightly but it was still down 2% at 11 a.m. ET. OpenAI stirs the pot Artificial intelligence (AI) rival OpenAI is holding […]
Imprisoned Silicon Valley CEO Elizabeth Holmes has shaved more months from her initial 11-year-plus sentence for wire fraud and conspiracy, federal records show, and is due to be released two years earlier than expected. Holmes, 40, has a current release date of Aug. 16, 2032, from a women’s federal prison in Bryan, Texas, according to […]
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