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Investing

Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

Nvidia CEO Jensen Huang sold 100,000 shares of the chipmaker’s stock on Friday and Monday, according to a filing with the U.S….
Investing

How Fanatics is teaching business acumen to pro athletes

Sports merchandising giant Fanatics is aiming to build a training camp for athletes to prepare them for life off the field. More…
Investing

Apple sued by shareholders who allege it overstated AI progress

Apple was sued on Friday by shareholders in a proposed securities fraud class action that accused it of downplaying how long it…
Investing

Walmart to pay $10 million to settle lawsuit over money transfer fraud

Walmart has agreed to pay $10 million to settle a Federal Trade Commission civil lawsuit accusing the world’s largest retailer of ignoring…
Investing

Oil prices rise more than 1% as Israel vows to intensify attacks on Iran

Crude oil futures rose more than 1% on Thursday, after Prime Minister Benjamin Netanyahu ordered Israel’s military to intensify attacks against Iran….
Investing

Apple looking to make ‘premium’-priced folding iPhones starting next year, analyst says

Apple has plans to make a folding iPhone starting next year, reliable analyst Ming-Chi Kuo said on Wednesday. Kuo said Apple’s folding…
Investing

Tesla agrees to first deal to build China’s largest grid-scale battery power plant

Tesla has inked its first deal to build a grid-scale battery power plant in China amid a strained trading relationship between Beijing…
Investing

Nike pushes back Skims launch with Kim Kardashian due to production delays

Kim Kardashian fans are going to have to wait a little longer for the highly anticipated NikeSKIMS line. The activewear line will…
Investing

Streaming overtakes cable and broadcast as the most-watched form of TV

A new king reigns in TV land. Streaming has officially surpassed broadcast and cable as a share of total television viewing, according…
Investing

Amazon expects to cut corporate jobs as it relies more on AI

Amazon CEO Andy Jassy said Tuesday that the company expects artificial intelligence ‘will reduce our total corporate workforce as we get efficiency…
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