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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Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researchers quit via Slack during an all-hands (The Information)

The Information : Sources: after five Thinking Machines staff left, investors are rattled, potentially impacting fundraising; two researc...