Hedge Funds - CybAI news

15 Aug

OpenAI’s Altman Fuels Rumor Mill As Users Await New Releases

stp2y0 CommentsRAG modelsAlex V Volkov, ALPHABET INC-CL A, APPLE INC, artificial intelligence, business, Garry Tan, Hedge Funds, sam altman, social media, startups, Technology, Tim Cook

The CEO has egged on speculation about the startup’s next big AI breakthrough. Source link lol

14 Aug

Hedge Funds Add Apple, Reshuffle Technology Portfolio

stp2y0 CommentsRAG modelsALIBABA GROUP HOLDING-SP ADR, AMAZON.COM INC, APPLE INC, artificial intelligence, Hedge Funds, iphone, JANUS HENDERSON GROUP PLC, Michael James Burry, NVIDIA CORP, Technology, THIRD POINT LLC

Hedge funds continued to buy into some of the biggest technology companies including Apple Inc. in the second quarter while trimming positions in Nvidia Corp., as they reshuffle their positions in the artificial intelligence boom that had fueled a blistering rally in the US stock market.The iphone maker saw the biggest increase by market value for a single stock in the three months through the end of June, according to Bloomberg’s analysis of data from 13F filings. The stock soared nearly 25% during the period, attracting an aggregated net buy of more than 8.5 million shares from hedge funds. Janus…

14 Aug

In Taiwan, Artificial-Intelligence Fundraising Survives Market Maelstrom

stp2y0 CommentsRAG modelsAPPLE INC, artificial intelligence, Asia, Bonds, Equity Capital Markets, Hedge Funds, QUANTA COMPUTER INC, taiwan, Technology, UBS GROUP AG-REG, US Dollar Spot

A new convertible bond offering by a major supplier to Apple Inc. will add to the dollar funds raised by Taiwan’s tech firms this year, thanks to the hybrid securities’ popularity and demand for artificial intelligence investments. Source link lol

13 Aug

Nvidia Rebound Adds $400 Billion in Market Value Over Four Days

stp2y0 CommentsRAG modelsAMAZON.COM INC, artificial intelligence, Earnings, Hedge Funds, JULY SARL/CAEN, Markets, MICROSOFT CORP, NVIDIA CORP, retail, S&P 500 INDEX, Technology, Valuation

It’s been a rough six weeks for Nvidia Corp. shareholders. A historic dip that erased record market value from the company was followed by a four-day stretch of stomach-churning volatility. Now, though, signs are emerging the worst might be over.The chipmaker’s shares have surged nearly 17% in the past four sessions, adding more than $400 billion in market value to one of the biggest companies in the world. The rebound has propelled the broader market higher as well, with Nvidia accounting for about 22% of the S&P 500’s gain over that span, double the contribution of any other single stock.…