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An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake

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An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake

Renaissance Technologies pared its Tesla and Nvidia bets and raised its GameStop wager last quarter. The quant fund founded by the late Jim Simons cut its Tesla stake by 86% and halved its Nvidia wager. RenTech… Article Source https://www.businessinsider.com/renaissance-technologies-rentech-simons-nvidia-tesla-gamestop-stock-portfolio-quant-2024-11

Alphabet shares rise on earnings beats boosted by cloud revenue

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Alphabet shares rise on earnings beats boosted by cloud revenue

Google CEO Sundar Pichai speaks with Emily Chang during the APEC CEO Summit at Moscone Center West in San Francisco on Nov. 16, 2023. Justin Sullivan | Getty Images News | Getty Images Google parent Alphabet reported third-quarter earnings that… Article Source https://www.cnbc.com/2024/10/29/alphabet-to-report-q3-earnings-after-the-bell.html

Is IBM’s AI Scalability Boosted by Twin Acquisitions: Is it a Good Investment?

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Is IBM’s AI Scalability Boosted by Twin Acquisitions: Is it a Good Investment?

IBM recently completed the acquisitions of StreamSets and webMethods to enhance its AI platform and automation capabilities, offering clients integrated data and application integration platforms for digital transformation. StreamSets specializes in real-time data integration across hybrid multi-cloud environments, reducing data latency and staleness. On the other hand, webMethods is an API integration and management platform … Read more