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Peter Thiel Dumps Entire Nvidia Stake, Slashes Tesla Holdings Amid Bubble Fears
Billionaire Peter Thiel has exited his entire stake in artificial intelligence major Nvidia, filings showed over the weekend, amid growing concerns over an AI-fueled bubble in technology valuations.Thiel sold some 537,742 shares in NVIDIA through the July-September period, with a Form 13F filing f
Tiger News
Mon, Nov 17
Crypto Daily | Bitcoin Plunges to 6-Month Low Under $100K; Coinbase, Robinhood, and Bitcoin Mining Stocks Take Big Hits
Bitcoin's price dropped below $100,000 for the third time this month as investors sold off risk assets like cryptocurrencies and tech stocks, with broader worries about the economy weighing on markets.Tiger News
Fri, Nov 14
Bitcoin Sinks Deeper Toward $100,000 as Bear Market Grips Crypto
Bitcoin sank deeper to the $100,000 mark, dragged down by a fresh wave of risk aversion and a selloff in tech stocks that reignited Wall Street jitters.The digital currency fell to 100,447 now and once dropped as much as 3.9% to $97,956, intensifying a slump that’s wiped out more than $450 billion i
Tiger News
Fri, Nov 14
Mike Burry says Oracle will overstate earnings by 27% and Meta by 21% due to depreciation gimmic
Michael Burry has accused two of America’s biggest tech players, Oracle and Meta, of using what he calls “depreciation gimmicks” to exaggerate their profits from the AI boom, according to CNBC.Cryptopolitan
Thu, Nov 13
AMD Stock Rises 9% After Chipmaker Raises Financial Targets
Wall Street analysts gave positive but cautious takes on the long-term strategy outlined by chipmaker Advanced Micro Devices at its financial analyst day in New York City. AMD stock rose Wednesday.At the event on Tuesday, AMD forecast revenue increasing over the next three to five years at a compo
Tiger News
Thu, Nov 13
Silver Price Forecast: XAG/USD attracts some sellers to near $51.00 on stronger US Dollar
Silver price (XAG/USD) edges lower to near $51.10, snapping the five-day winning streak during the early European session on Wednesday. The white metal loses ground amid the renewed US Dollar (USD) demand.Fxstreet
Wed, Nov 12
SoftBank Sells Its Entire Stake in Nvidia for $5.83 Billion
SoftBank Group Corp. sold its entire stake in Nvidia Corp., pocketing $5.83 billion ahead of a rash of planned investments by founder Masayoshi Son to build his own sphere of influence supporting artificial intelligence.The Tokyo-based company had raised its stake in Nvidia to about $3 billion by thTiger News
Tue, Nov 11
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