We’re trimming tech stocks and an automaker because it never pays to fight the Fed

We’re trimming tech stocks and an automaker because it never pays to fight the Fed



We’re making several more trims, targeting tech and an economically sensitive automaker due to our concerns about an aggressively hawkish Fed.



Source

Core Scientific shares surge 33% on report of buyout talks with CoreWeave
Technology

Core Scientific shares surge 33% on report of buyout talks with CoreWeave

Piotr Swiat | Lightrocket | Getty Images Core Scientific shares surged 35% on Thursday following a report from The Wall Street Journal that artificial intelligence infrastructure vendor CoreWeave is in talks to acquire the bitcoin mining and hosting provider. The company’s stock was briefly halted after the report, and then proceeded to have its second-sharpest […]

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Microsoft says goodbye to the Windows blue screen of death
Technology

Microsoft says goodbye to the Windows blue screen of death

Digital boards are seen due to the global communications outage caused by CrowdStrike, which provides cyber security services to US technology company Microsoft, it was observed that some digital billboards in Times Square in New York City, United States, displayed a blue screen and some screens went completely black on July on 19, 2024. Selçuk […]

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Tesla head of manufacturing Omead Afshar fired by Elon Musk
Technology

Tesla head of manufacturing Omead Afshar fired by Elon Musk

Elon Musk, chief executive officer of Tesla Inc., and Omead Afshar, left, leave an event at the site of the company’s manufacturing facility in Shanghai, China, on Monday, Jan. 7, 2019. Qilai Shen | Bloomberg | Getty Images Tesla CEO Elon Musk has fired Omead Afshar, the automaker’s vice president of manufacturing and operations, CNBC […]

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