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)

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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Uber, Verne, and Pony.ai launch autonomous rides in Zagreb, making the Croatian capital the first European city where users can book such rides via Uber's app (Anzar Mehraj/Reuters)

Anzar Mehraj / Reuters : Uber, Verne, and Pony.ai launch autonomous rides in Zagreb, making the Croatian capital the first European city ...