Billionaire Peter Thiel sold $600 million of Palantir stock this week
As data mining firm Palantir’s shares continue to climb, Thiel is cashing out. He’s not the only Palantir insider doing so.
As data mining firm Palantir’s shares continue to climb, Thiel is cashing out. He’s not the only Palantir insider doing so.
A rally from the “magnificent seven” tech stocks perhaps predictably fueled the rally, but this surprise name was the S&P 500’s biggest gainer Thursday.
One analyst estimated iPhone preorders fell 13% annually during the first weekend of preorders.
James Callinan’s Osterweis Opportunity Fund has trounced its Russell 2000 benchmark by applying specific P/E limits for buying–and holding–small cap growth stocks.
The European Union’s top court has issued a final ruling in an ongoing legal battle over tax benefits, finding that Apple must pay billions in back taxes.
The “first iPhones designed from the ground up” for AI were introduced Monday.
Apple and Nvidia are reportedly in discussions to join a major funding round for OpenAI. The new round of investment could push the ChatGPT-maker’s valuation above US$100 billion.
Nvidia shares are up more than 150% on the year amid a demand surge for its AI-powering chips.
While 74% of companies are seeing positive returns, Vice President of Global Generative AI Go-To-Market for Google Cloud Oliver Parker says C-level buy-in boosts them.
Few mutual fund managers can come close to this former Legg Mason portfolio manager’s 15-year market-beating record. Below he discusses lessons he has learned, plus his firm’s top ten holdings.