The Strategy outperformed due to a combination of active management of our mega cap exposure as well as strong stock selection across industrials and similar early-cycle companies...
Continue ReadingEnsemble Fund's quarterly letter reviews the fundâs first quarter 2024 performance and highlight a couple portfolio companies. Click here to read more...
Continue ReadingAlthough technology and AI remain a dominant part of the market narrative, benchmark performance has broadened significantly in the current rally...
Continue ReadingThe Magnificent Seven led markets in 2023, but could there be a rotation in 2024? Click here for an earnings preview of the Magnificent 7...
Continue ReadingAlphabet Google said it fired 28 employees who protested this week against the tech giant’s cloud-computing contract with the Israeli government. In a companywide email, Vice President for Global Security Chris Rackow said Google dismissed the employees after an investigation found they were involved in the protests at the company’s offices in New York and Sunnyvale, Calif. A spokeswoman for No Tech for Apartheid, the group that organized the protests, disputed that all of the 28 employees participated in the protest this week, in a statement attributed to Google workers involved in the campaign...
Continue ReadingWe have been following AI at Manning & Napier for decades, and despite the recent buzz, AI is not a new concept...
Continue Reading(Bloomberg) -- Alphabet Inc.’s Google has fired 28 employees after they were involved in protests against Project Nimbus, a $1.2 billion joint contract with Amazon.com Inc. to provide the Israeli government with AI and cloud services.Most Read from BloombergDubai Grinds to Standstill as Cloud Seeding Worsens FloodingRed Lobster Considers Bankruptcy to Deal With Leases and Labor CostsTesla Asks Investors to Approve Musk’s $56 Billion Pay AgainElon Wants His Money BackSingapore Loses ‘World’s Best...
Continue ReadingNine Google workers were arrested Tuesday night after staging a 10-hour sit-in protest at the company’s offices in New York City and Sunnyvale, California...
Continue ReadingAI chip stock Arm Holdings surged more than 152% past a recent buy point. Following that advance, is Arm stock a buy in today's stock market?...
Continue ReadingThe Google spokesperson said the layoffs are not company-wide and that affected employees will be able to apply for internal roles, but did not specify the number of employees impacted nor the teams involved. The layoffs follow a slew of job cuts across Google, and the tech and media industry this year, adding to fears that layoffs may continue as companies grapple with economic uncertainty. Employees across several of Google' teams in its real estate and finance departments have been affected, according to a Business Insider report on Wednesday...
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