U.S. stocks were falling after Disney's earnings, inflation data

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Go back to U.S. stocks were falling after Disney's earnings, inflation data

Soros exits Tesla (TSLA), reduces Rivian (RIVN) stake after 90% drop from peak

May 15, 2023 8:50 AM EDT

Soros Fund Management, the family office of George Soros, cut its holdings in Rivian Automotive (NASDAQ: RIVN) following the electric automakers 90% share decline from its intraday peak in November 2021. The billionaire also slashed its $16 million stake in Tesla (NASDAQ: TSLA), effectively eliminating their investment in the EV giant.

Soros purchased... More

Microsoft (MSFT) the largest cybersecurity player in the market - CFRA Research

May 11, 2023 1:55 PM EDT

CFRA Research believes cybersecurity is now at least a $20 billion business for Microsoft (NASDAQ: MSFT), the firm's analyst Janice Quek said in a research note Thursday.

The analyst stated that Microsoft is the largest cybersecurity player in the market and is gaining market share.... More