Bloomberg:
The median gain in Microsoft, Alphabet, Amazon, Meta, Tesla, Apple, and Nvidia stocks is 43% since January, almost 5x the S&P 500, bolstered by AI optimism — Rarely does a tech-powered stock rally come along that isn't pilloried for the fragility of its foundation.
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Saturday, May 27, 2023
The median gain in Microsoft, Alphabet, Amazon, Meta, Tesla, Apple, and Nvidia stocks is 43% since January, almost 5x the S&P 500, bolstered by AI optimism (Bloomberg)
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Former Groq engineers file a lawsuit in Delaware against Groq, alleging the $20B "non-exclusive" acqui-hire deal with Nvidia in 2025 short-changed employees (Financial Times)
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Amid government scrutiny over its various trade practices, the firm has been able to hold on to a set of consumers looking for cheaper goods...
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