- Investor's Business Daily
Magnificent Seven Stocks: Nvidia Stock Reverses From Record Highs
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon, Nvidia, Meta Platforms and Tesla lived up to their name in 2023 with big gains. But the middle part of the second quarter of 2024 showed a big divergence of returns.
- Reuters
Nvidia and Salesforce double down on AI startup Cohere in $450 million round, source says
Canadian AI startup Cohere has raised $450 million in funding from returning investors such as Nvidia and Salesforce Ventures, as well as new investors including Cisco and Canadian pension fund PSP Investments, according to a source familiar the matter. This concludes the first tranche of Cohere's monthslong fundraising efforts, while the company is still in talks to raise more in the same round at $5 billion valuation, added the source, speaking on condition of anonymity. The funding marks a jump in valuation from Cohere's last private raise, when it was valued at $2.2 billion from investors including Inovia Capital last June.
- Investor's Business Daily
Stocks Mostly Lower But Dow Shows Signs Of Life; Nvidia Gets Directive From Elon Musk
Stocks struggled to start the trading session Tuesday. The Nasdaq and S&P 500 posted losses and the Dow Jones Industrial Average turned slightly positive in the stock market today. Nvidia and GameStop were on investors' radar once again.
