Nvidia, led by Jensen Huang, overtakes Microsoft to claim top spot as Fortune 500’s best-managed company

Nvidia, led by Jensen Huang, overtakes Microsoft to claim top spot as Fortune 500’s best-managed company

Fortune and Indiggo have once again collaborated to release the ROL100 ranking, which highlights the ReturnOnLeadership of the top 100 Fortune 500 companies. ROL® is a metric that assesses key fundamentals crucial for reducing risk and increasing success, and Indiggo uses an AI platform to calculate this ranking with publicly available information. In the latest … Read more

Glenview Capital, led by Larry Robbins, acquires Broadcom and sells off Intel in first quarter transactions.

Glenview Capital, led by Larry Robbins, acquires Broadcom and sells off Intel in first quarter transactions.

Billionaire Larry Robbins’ investment firm, Glenview Capital Management, made significant changes to its portfolio during the first quarter of 2024. The firm acquired a stake in Broadcom (AVGO) while abandoning its position in Intel (INTC) and increasing holdings in various health insurers. Glenview Capital disclosed these changes in its latest 13F filing for the period … Read more

Tech Bull Claims Microsoft led by CEO Satya Nadella is Winning the AI Arms Race with New Copilot Announcements

Tech Bull Claims Microsoft led by CEO Satya Nadella is Winning the AI Arms Race with New Copilot Announcements

Microsoft Corp, under the leadership of CEO Satya Nadella, has been making significant strides in the AI space, as highlighted by tech expert Dan Ives of Wedbush during the ongoing Build developer conference. Ives expressed optimism about Microsoft’s Copilot strategy, which has seen increased adoption among enterprise customers. The company also announced AI-enabled PCs in … Read more

Ark Invest, led by Cathie Wood, acquires AMD shares and continues purchasing Shopify shares

Ark Invest, led by Cathie Wood, acquires AMD shares and continues purchasing Shopify shares

Cathie Wood’s Ark Invest made significant trades on Monday, including the purchase of shares in Shopify Inc. and Advanced Microdevices Inc. The Ark Fintech Innovation ETF purchased 34,060 Shopify shares, valued at around $2 million. Despite Shopify reporting a loss in the first quarter of 2024, Ark Invest saw potential in the company and made … Read more

Ark Invest, led by Cathie Wood, purchases AMD shares as part of its continued Shopify stock acquisition spree

Ark Invest, led by Cathie Wood, made significant trades on Monday, including purchasing shares of Shopify Inc. (SHOP) and Advanced Microdevices Inc. (AMD). Ark Invest’s Ark Fintech Innovation ETF acquired 34,060 shares of Shopify, valued at approximately $2 million, after the company released its first-quarter earnings report. Despite Shopify reporting a loss of $273 million, … Read more

VMware to Settle Case That Led to Densify’s $85 Million Verdict

VMware to Settle Case That Led to Densify’s  Million Verdict

VMware LLC and Densify have settled their seesawing clash over patents for virtual computer systems one year after a federal jury awarded Densify $84.5 million for VMware’s infringement, according to a court filing. VMware and Densify, officially named Cirba Inc., asked Judge Gregory B. Williams to pause the case until June 17 so they can … Read more