For the first time in several quarters, the broader semiconductor sector is showing early signs of recovery in terms of clearing inventory. Read more here...
Continue ReadingSince the election, the S&P 500 Utilities index has underperformed the S&P 500, declining just over 1% as of the Dec. 11 close compared to the S&P 500's 5% gain...
Continue ReadingTwo advertisers are combining into a $30 billion behemoth to harness the data, tech and AI expertise now dominating Madison Avenue—and all the marketing you see...
Continue ReadingCompanies abandoned Donald Trump after the Jan. 6, 2021, riot. Now, they are rushing to curry favor with the president-elect as he prepares to return to the White House...
Continue ReadingThe man who founded Dell in a Texas dorm room has transformed his company. It’s not just about PCs anymore...
Continue ReadingDonald Trump hosted Apple CEO Tim Cook for a Friday evening dinner at the president-elect's Mar-a-Lago resort, according to a person familiar with the matter who was not authorized to comment publicly. Cook is the latest in a string of big tech leaders — including OpenAI's Sam Altman, Meta's Mark Zuckerberg and Amazon's Jeff Bezos — who have sought to improve their standing with the incoming president after choppy relations with Trump during his first term...
Continue ReadingMeta Platforms is urging California’s attorney general to block OpenAI’s planned conversion to a for-profit company, siding with Elon Musk in a battle between Silicon Valley’s most powerful artificial-intelligence players. In a letter to Attorney General Rob Bonta dated Thursday, Meta said allowing the ChatGPT maker to become a for-profit company would set a dangerous precedent of allowing startups to enjoy the advantages of nonprofit status until they are poised to become profitable. “OpenAI’s conduct could have seismic implications for Silicon Valley,” Meta wrote in the letter...
Continue ReadingLearn how to maximize returns by focusing on high-conviction stocks across diverse sectors and using proven investment strategies...
Continue ReadingApple CEO Tim Cook will meet Donald Trump on Friday night at the U.S. president-elect's Mar-a-Lago resort in Florida, a source familiar with the matter told Reuters. Business leaders have attempted to establish a positive rapport with Trump since his election win in November. Meta Platforms and Amazon have each donated $1 million to Trump's inaugural fund...
Continue ReadingRead here for an update of Pershing Square's Q3 2024 portfolio, including top holdings, new stakes, and investment strategies for potential investors...
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