Investors looking for Big Tech exposure in this environment may want to avoid buying “FAANG” and focus on another stock group instead, Jefferies said.
Source
Own the ‘MANG’ stock portfolio instead of ‘FAANG’ in these conditions, Jefferies says
World
Musk’s xAI chatbot Grok keeps randomly responding about ‘white genocide’ in South Africa
Jonathan Raa | Nurphoto | Getty Images The Grok chatbot from Elon Musk’s xAI startup is responding to user queries with unrelated comments about the controversial topic of “white genocide” and South Africa. CNBC on Wednesday found numerous instances of Grok discussing the topic in response to unrelated user prompts. Screenshots of examples were also […]
Read More
World
CoreWeave beats on revenue, reports more than 400% growth in first earnings after IPO
Mike Intrator, co-founder and CEO of CoreWeave, testifies during a U.S. Senate Commerce Committee hearing on artificial intelligence in Washington on May 8, 2025. Brendan Smialowski | Afp | Getty Images Shares of artificial intelligence infrastructure provider CoreWeave reported better-than-expected revenue on Wednesday in the company’s first earnings release since going public. The stock popped […]
Read More
World
Nvidia turns positive for 2025, third ‘Magnificent 7’ member to do so as favored group regains groove
Jakub Porzycki | Nurphoto | Getty Images Nvidia on Wednesday climbed into positive territory for the year, becoming the latest “Magnificent 7” member stock to flip into the green amid the broader market’s recovery. The artificial intelligence darling surged more than 4% in the session, bringing its gain for this week above 15%. That rally […]
Read More