Veteran tech investor Paul Wick has trimmed his stake in Nvidia, citing concerns about business risks. Wick expressed caution about the potential impact of global economic uncertainty on the tech industry. The move comes as Nvidia faces increasing competition in the semiconductor market.
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Better Telecom Stock: AT&T vs. Verizon
Recent stock market volatility has highlighted the telecom sector's stability, with AT&T and Verizon emerging as strong investment options. AT&T is at a pivotal point, focusing on expanding its 5G and fiber-optic networks following a divestment of entertainment assets, projecting $16 billion in free cash flow (FCF) for 2024, while Verizon is also growing its mobile and fiber businesses, pursuing an acquisition to boost broadband connections. Both companies show promise, but AT&T has outperformed in...
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