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Investment management company Vulcan Value Partners recently released its second quarter 2024 investor letter. A copy of the letter can be downloaded here. The quarterly results were mixed. The firm faced stock price volatility with some of the companies in its portfolios but managed this by adhering to discipline and capitalizing on the volatility to invest in […]...
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Continue ReadingChinese buyers aren’t as keen as they once were on Apple flagship iPhone, despite chatter about the next model of the device featuring a bunch of AI features. Apple’s market share in mainland China fell to 14% over the second quarter, according to a report by the tech market analyst Canalys, down from 16% a year ago, with the iPhone dropping out of the list of the top five smartphones in the country for the first time ever. Apple is trailing local brands like vivo, OPPO, and Huawei, which have made “incorporating technologies such as Generative AI into products and services” a priority, Canalys research analyst Lucas Zhong said...
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Small caps jumped as the Nasdaq and Nvidia fight AI fatigue. ServiceNow broke out. The Fed's key inflation gauge is due...
Continue ReadingThe tech company’s chatbot and a copilot tool pulls relevant candidate information and consolidates notes from interviews...
Continue ReadingDiscover why recent market volatility hasn't dampened Eaton Corp's future prospects in AI, EV, and grid electrification...
Continue ReadingNews of the day for July 26, 2024...
Continue ReadingBillionaires are lining up to sell Nvidia stock, but that isn't the big story...
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