Jan 8, 2024 | Markets
The so-called “Magnificent Seven” stocks — Apple, Amazon, Alphabet, Meta, Microsoft, Nvidia and Tesla — now represent around 30% of the entire market cap of the S&P 500 index. Bank CIO Charles-Henry Monchau said the market will undergo a welcome “broadening of the...
Feb 7, 2023 | Markets
Google shares jumped Thursday, a day after the company announced its latest artificial intelligence model called Gemini. Google executives said Gemini outperforms OpenAI’s GPT-3.5, but the company did not share how it compares with OpenAI’s latest model, GPT-4....
Nov 22, 2017 | Markets
Facebook director Peter Thiel just sold about three-quarters of his remaining stake in the company. While his 2004 investment of $500,000 made him a billionaire, an earlier sale of Facebook shares proved to be poorly timed. Peter Thiel sold the majority of his...
