CEO of world’s largest wealth fund says there’s a lot of froth
The chief executive of Norway’s gigantic sovereign wealth fund on Tuesday said there is “clearly a lot of froth” in the tech sector, suggesting that whether there is too much…
SoftBank to invest millions in AI push, tapping Nvidia’s chips: Nikkei
Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan, on Wednesday, Nov. 1, 2023. Kiyoshi Ota | Bloomberg | Getty Images Japanese tech conglomerate SoftBank is…
Big Tech keeps prioritizing AI as earnings approach
Sundar Pichai, chief executive officer of Alphabet Inc., during Stanford’s 2024 Business, Government, and Society forum in Stanford, California, US, on Wednesday, April 3, 2024. Justin Sullivan | Getty Images…
This investor, mentored by Peter Lynch, sees opportunities in mid-cap stocks
Gerard Sullivan did not always plan on becoming a portfolio manager. Originally, he anticipated a career as a stock analyst. But as asset management took off in the 1980s, he…
Investing in the AI theme for the long haul. How to pick the winners
Fotografielink | Istock | Getty Images Artificial intelligence has shaken up the investing landscape since the groundbreaking launch of ChatGPT in November 2022. Since then, investors have poured money into…
Super Micro plunges ahead of third-quarter earnings later this month
David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares plunged 23% on Friday as investors scaled back their holdings of one of the market’s hottest stocks ahead…
Apple, Tesla investments boost Modi
Google CEO Sundar Pichai and Apple CEO Tim Cook listen as India’s prime minister, Narendra Modi, speaks during a meeting with senior officials and CEOs of American and Indian companies,…
World’s largest sovereign wealth fund posts $110 billion in Q1 profit
Norway’s giant sovereign wealth fund on Thursday reported first-quarter profit of 1.21 trillion kroner ($109.9 billion), supported by robust returns on its investments in technology stocks. The so-called Government Pension…
ASML earnings drag semiconductor stocks lower
Workers at Carl Zeiss ZMT are seen outside giant vacuum chambers where optical systems for ASML’s new High NA EUV tool are tested. ASML Chip stocks fell on Wednesday after…
AMD launches new chips for AI PCs amid fierce fight with Nvidia, Intel
POLAND – 2023/07/31: In this photo illustration an AMD logo seen displayed on a smartphone with stock market percentages on a laptop screen. (Photo Illustration by Omar Marques/SOPA Images/LightRocket via…