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Want to score big wins in 2025? Taking a page or two out of Buffett's investing playbook could be a great move...
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A state-owned artificial intelligence (AI) company has appointed a former IBM China executive as its chief technology officer (CTO), in the latest example of a Chinese firm scooping up talent, as multinationals scale back operations in the country. Beijing Electronic Digital and Intelligence (BEDI), a state-owned firm providing computing power and cloud computing infrastructure for AI applications, said in a statement on Thursday that it appointed Xie Dong, a veteran in technology management at...
Continue ReadingThe S&P 500 (SNPINDEX: ^GSPC) is home to 500 companies from 11 different sectors of the economy, making it the most diversified of the major U.S. stock market indexes. The S&P 500 delivered a return of 25% during 2024, whereas the S&P 500 Equal Weight index, which assigns the same weighting to every stock regardless of its market cap, was up by just 10%...
Continue ReadingKen Griffin of Citadel Advisors purchased 4.7 million shares of Nvidia, nearly tripling his stake. It is now his third-largest position excluding options. It had been his fourth-largest position excluding options...
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Vanguard Russell 1000 Growth Index Fund ETF holds 394 large- and mid-cap stocks, heavily concentrated in technology and top holdings. Explore more details here...
Continue ReadingShipments to China of foreign-branded smartphones, including Apple Inc's iPhone, fell by 47.4% in November from a year earlier, according to data released on Friday from a government-affiliated research firm, down for the fourth month. Calculations based on the data from the China Academy of Information and Communications Technology (CAICT) showed that foreign brand shipments decreased to 3.04 million units from 5.769 million units a year earlier. Apple, the dominant foreign smartphone maker in China, faces a slowing economy and competition from domestic rivals, such as Huawei...
Continue ReadingA new entrant in the Big Tech club of stocks means it’s time for a new name to describe tech’s largest companies. The new group consists of Broadcom Apple Tesla Microsoft Meta Platforms Alphabet Amazon and Nvidia All of them carry market values above $1 trillion. The eight stocks were up by an average of 66% in 2024 versus the S&P 500 index performance of 23%...
Continue Reading(Bloomberg) -- Canyon Bridge Capital Partners has hired Lazard Inc. to seek a buyer for chip designer Imagination Technologies, according to people familiar with its plans.Most Read from BloombergIs This Weird Dome the Future of Watching Sports?NYPD Seeking Gunmen After 10 People Wounded Outside Queens VenueDetroit’s Michigan Central Is the Building Revival Story of 2024Burned Out Parents Need Better Public SpacesA Commuting Resolution for 2025: Ride Your Local Subway or BusThe private equity fi...
Continue ReadingApple stock has backed off its all-time high to close the year worth over $3.8 trillion, and within striking distance of being the first company ever to hit $4 trillion...
Continue ReadingThe EU went after Big Tech in 2024 unlike before. The new year will add more players to the regulatory tussle, including Donald Trump and Elon Musk...
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