Cathie Wood’s Ark Invest misses out on Nvidia’s powerful rally — dumped stock too early, citing high valuation
Ark Invest’s Cathie Wood, known for her investments in next-generation technologies, missed out on the biggest winner in artificial intelligence this year.
Stocks making the biggest moves midday: Nvidia, Tesla, Coinbase and more
These are the stocks posting the largest moves in midday trading.
Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
Stablecoin firm Tether said Tuesday it plans to invest its resources into renewable energy production, marking the company’s first foray into the energy sector.
Nvidia crosses into $1 trillion market cap before giving back gains
Nvidia hit a $1 trillion market cap at the market open Tuesday, buoyed by an AI frenzy and a massive earnings beat.
Tesla shares rise as Elon Musk meets with China’s foreign minister
The meeting between Tesla CEO Elon Musk and Chinese foreign minster Qin Gang comes as tensions between the U.S. and China continue to rise.
China’s disappointing rebound could bring in more stimulus, economists say
China’s much-vaunted economic rebound after its emergence from strict zero-Covid lockdown measures has yet to fully materialize.
Toyota, Daimler in deal to combine Japan truck operations
The companies expect to sign a definitive agreement in the first quarter of next year.
UK supermarket Asda to buy petrol stations operator EG Group UK
Asda said it intends to invest more than £150 million ($185 million) within the next three years to integrate the business.
North Korea says it will launch its first-ever military spy satellite to monitor U.S. drills
Pyongyang plans to launch a satellite with the aim to track “dangerous” actions by the U.S., pointing to its recent joint military drills taking with South Korea.
China launches crewed mission to its space station, plans moon landing before 2030
A CMSA official said China aims to launch a crewed mission to the moon by 2030, according to state media.
