Another week has passed, and it’s time to catch up on some of the most significant stories that unfolded over the weekend. From Google’s Sundar Pichai dealing with AI-related challenges to Cathie Wood’s Ark Investment Management trimming its position in a major AI player, here’s a quick recap of the recent events.
Despite Gemini Controversy, Google Holds Title Of America’s Most Innovative Company
Alphabet Inc.’s GOOG GOOGL Google has once again secured the top position in the list of “America’s Most Innovative Companies 2024,” despite facing internal criticism and AI-related challenges. Sundar Pichai, the CEO of Google’s parent company, has been at the helm of the company during these turbulent times.
Read the full article here.
Nvidia ‘Caitlin Clark’ Of Stock Market
Nvidia Corp. NVDA has pulled back from record high levels in recent sessions and yet has been a standout among stocks. An analyst on Thursday compared the stock with an American collegiate basketball legend.
Read the full article here.
See Also: Trump Media Board Member Reportedly Hacked Truth Social Parent Executive
AI Could Consume 25% Of US Power By 2030, Warns Arm CEO
Without improved energy efficiency, artificial intelligence (AI) data centres could potentially reach a quarter of the U.S. power requirements by the end of the decade.
Read the full article here.
Congress’ Best Trader Bought And Sold This Stock
Rep. Josh Gottheimer (D-NJ), who is well-known for his stock trading activity, benefited from the increase in the share price of Taiwan Semiconductor Manufacturing Co. TSM.
Read the full article here.
Cathie Wood’s Ark Sheds Nearly $4M Nvidia Shares And Trims Position In This AI Peer
Cathie Wood-run Ark Investment Management on Monday sold more shares of AI stalwart Nvidia Corp. even as the market has factored in continued outperformance for the stock.
Read the full article here.
Photo by Pixels Hunter on Shutterstock
Engineered by Benzinga Neuro, Edited by Rounak Jain
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
Market News and Data brought to you by Benzinga APIs
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
