Wall Street Says AMD's Taalas Deal Won't Close Nvidia's AI Gap
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AMD shares are up substantially after the company announced the acquisition of MEXT.
Cathie Wood's firm ARK Invest staked a large position in Elon Musk's SpaceX on Friday. The firm already has a huge chunk of Tesla stock.
Cathie Wood’s ARK Invest is staying true to its high-growth strategy. Two of its biggest funds snapped up Cerebras Systems on the heels of the chip maker’s impressive market debut, which saw the stock surge nearly 70%. A trading disclosure shows the flagship (ARKK) picked up 71,655 Cerebras shares on Thursday.
Cerebras Systems (CBRS) soared in its public market debut on Thursday after the artificial intellige