NAVER Expands Startup Investments in Silicon Valley with the Planned Establishment of NAVER Ventures
– Key executives, including Founder Lee Hae-jin and CEO Choi Soo-yeon, engage in discussions with the local startup ecosystem
– The new investment initiative will focus on investing in promising startups in North America, starting with video AI startup ‘TwelveLabs’
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2 Artificial Intelligence (AI) Stocks to Buy Before They Soar to $3 Trillion, According to Certain Wall Street Analysts
ARK Invest Loaded Up $373M Worth of Circle Shares on First Day of Trading
Cathie Wood’s ARK Invest bought nearly 4.5 million Circle (CRCL) shares on the stablecoin issuer’s first day of trading, a holding worth $373 million at the stock’s closing price.
The St Petersburg, California-based investment manager was quick to add the USDC issuer to its portfolio companies that provide exposure to the crypto industry along with the likes of Coinbase (COIN),
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Read MorePrediction: This Hot Artificial Intelligence (AI) Semiconductor Stock Will Skyrocket After June 25
Micron Technology (NASDAQ: MU) stock has made a sharp move higher over the past couple of months — gaining an impressive 37% as of this writing —
Amazon to invest $20 billion in Pennsylvania data centers, taps nuclear power
One data center is being built next to northeastern Pennsylvania’s Susquehanna nuclear power plant. The other will be in Fairless Hills at a logistics campus, the Keystone Trade Center, on what was once a U.S. Steel mill
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What Happened
Amazon announced a $20 billion investment in two major data center complexes in Pennsylvania,
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Read MoreThe Burst
Why MongoDB Could Be a Sleeper Stock Ready to Soar
MongoDB is one of those fascinating growth stories that goes back as far as we can see, and we went back a full 5 years.
Each and every quarter showed year-over-year revenue growth. Yet the share price sits at levels similar to those from 4 years ago.
So is MongoDB a buy or a sell?
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Read MoreThe Ivy
Is This High Growth Stock Breaking Out?
Billionaire Stan Druckenmiller was once asked how he thinks about performance and his answer was quite insightful. Most traders might say something like “I aim to make 15% a year” or some other specific figure, but Stan’s answer was I like to “compare myself to the opportunity set” and beat it, meaning whatever the market is doing he likes to ensure he’s generating higher returns,
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Read MoreThe Spotlight
Spotlight: AI + Robotics = 4x Growth
Google. Apple. Amazon. Microsoft. They are all investing in AI but one company you probably have not heard about is Symbiotic, a warehousing automation firm that combines advanced robotics with artificial intelligence.
It’s one of those businesses that’s hard to wrap your head around at first but it’s been a huge hit on Wall Street.