Technology giants worldwide are in a frenzy to secure Nvidia chips. Saudi Arabia and the UAE have emerged as the most recent significant purchasers of Nvidia technology, which plays a pivotal role in the ongoing AI competition. This development further contributes to worries regarding a shortage of chips, as the demand for GPUs surpasses the …
In the previous quarter, Michael Burry entered pessimistic positions by placing bearish bets against the S&P 500 and Nasdaq-100. The investor famous for “The Big Short” also liquidated his holdings in Alibaba, First Republic, and a variety of other stocks. During that timeframe, Burry’s Scion fund significantly increased its holdings in mining, shipping, and energy …
Microsoft, the tech giant renowned for its innovative strides, witnessed a soaring rally in its shares, reaching an unprecedented all-time high. The remarkable surge was triggered by the much-anticipated announcement of pricing details for their cutting-edge offering, the Microsoft 365 artificial intelligence subscription service. With the unveiling of Microsoft’s Copilot subscription service, a wave of …
Microsoft Shatters Records: Unveiling the Magic Price of Their A.I. Subscription! Read More »
Bill Ackman, the renowned investor, has unveiled a captivating move by his hedge fund. Pershing Square, in a bold and calculated move, has taken a substantial stake in none other than Alphabet, the powerhouse behind Google. This strategic maneuver involved acquiring over $1 billion worth of Alphabet shares, showcasing the fund’s confidence in the company’s …
Billionaire Bill Ackman’s Hedge Fund Reveals a $1 Billion Bet on this AI play Read More »
