Independent thinking for complex markets and current events
Billionaire hedge fund manager Ray Dalio of Bridgewater Associates and his wife Barbara committed to seed Trump accounts for approximately 300,000 children in Connecticut. Following the Dells’ pledge, the funds will be aimed at kids who live in a Connecticut ZIP code where the median income is less than $150,000. “Ray has joined what we …
It's clear 99% of the public has no idea what's really going on here. Entire "donation" + more is written off to avoid taxes Bradley Gerstner setup the investment, pumping it back into the S&P $DELL & encouraging parents to invest more at the top of the largest bubble we've seen pic.twitter.com/7gHUkgxYJU — Financelot (@FinanceLancelot) …
The $100 billion club got smaller after a tough three months on the markets. Michael Dell’s net worth fell by $24.5 billion this year, while Jensen Huang is down $19.2 billion. While some of the superrich lost billions, Warren Buffett’s net worth soared by $24.3 billion. Nvidia’s Jensen Huang and Michael Dell have fallen out …
More than a dozen tech billionaires on The Forbes 400 sold more than $15 billion worth of stock so far this year, with one person counting for more than half. Here’s who sold the most. In November of last year, Amazon founder Jeff Bezos announced a move from Washington to sunny, tax-friendly Florida, splashing out …
Outflows from IT funds keep trending up over the last four weeks. Don’t be left holding the bag. This week, both hardware (Dell) and software (CRM) imploded. And AI had a mid-week reversal of fortune. The chart of the week: pic.twitter.com/05yPzHnfRz — Mac10 (@SuburbanDrone) May 31, 2024 Dropping like flies . Market darlings to ugly …
by KingN0 https://www.dell.com/en-us/blog/dell-and-nvidia-bringing-generative-ai-to-the-enterprise/ $NVDA and $DELL are working together to bring generative AI to the enterprise market. Essentially what this could mean for the earnings call after hours is that Dell could raise guidance in a crazy fashion the same way that NVDA did last week. While Dell’s business model has taken a hit due …