Billionaire investor William Ackman acquired a new stake in Nike during the second quarter, with his hedge fund owning 3 million shares, representing a 0.19% ownership. Despite Nike’s stock falling 26% since January, it rose 4% in after-market trading following the news.
Full Article
Google shares bounce on Gemini 2.0 launch
Shares in Google's parent company Alphabet (NASDAQ:GOOGL) surged 5.5% following the announcement of Gemini 2.0, a new family of AI large language models. This launch signals Google's entrance into the "agentic era" of AI, with promises of improved multitasking, reasoning, and problem-solving capabilities across various services. Market optimism and potential regulatory changes make now a favorable time to consider investing in Google shares. Full Article
Read more