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In Q3 2024, the Lazard Global Equity Select Portfolio underperformed its benchmark Index. Click here to read the full commentary...
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A series of economic and market developments shaped market activity during the recent period between index selection dates...
Continue ReadingMicrosoft Secures Twice as Many Nvidia Hopper Chips as Competitors, Fueling AI Advancements...
Continue ReadingAmazon (NASDAQ: AMZN) has been one of the best-performing stocks of all time. In other words, buying Amazon stock at almost any point in its history would have been a smart move as the company has built an empire on e-commerce and cloud computing, two industries that it pioneered and still dominates. Amazon is still the leader in its core businesses of e-commerce and cloud computing, but the company is maturing...
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DXLGâs growth is suppressed by its inability to react to competitive actions and variable cost increases, over-reliance on third-party vendors, and failure to drive brand awareness. Sell...
Continue ReadingChinese technology giant Tencent Holdings announced on Friday a new strategic partnership with smartphone maker Honor for cloud computing and artificial intelligence (AI), giving a boost to a domestic rival to Apple, which has yet to settle on a partner to launch AI on iPhones in the country. Shenzhen-based Tencent said in a post on its official WeChat account that the "long-term collaboration" with Honor, a spin-off smartphone brand from Huawei Technologies, will see the deep integration of its...
Continue ReadingThe merger will create a company with a combined revenue of approximately SFr1.6bn ($1.78bn), operating in more than 70 countries with around 13,000 employees...
Continue ReadingBillionaire Philippe Laffont apparently favors the underperformer. Meanwhile, Coatue bought 40,925 shares of Microsoft, increasing its position by 1%. Microsoft is now the fourth-largest holding, while Tesla ranks sixteenth...
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