HYBE's Chairman Loses $470 Million in Stock Value Amidst Company DisputeSeoul Economy StarDB Recent internal conflicts over management rights resulted in a decrease in the stock value of HYBE, a record planning and production company owned by Chairman Bang Si Hyuk, by 550 billion won ($402 million). According to the Korea CXO Research Institute, which specializes in corporate analysis, 30 individual shareholders had a market […]
Ark Invest CEO Cathie Wood Bets Big on OpenAICathie Wood, CEO of Ark Invest, also known as “Money Tree Sister” in South Korea, revealed that she owns shares in OpenAI, the developer of ChatGPT. According to Bloomberg on the 11th (local time), Wood wrote in a letter to investors the previous day, “As of the 10th, the Ark Venture Fund is invested in […]
Citadel CEO Ken Griffin Bets Big on Amazon's AI FutureCitadel LLC CEO Ken Griffin has increased his stake in Amazon.com, Inc. This decision is based on Amazon’s growing prominence as a leader in AI (Artificial Intelligence) within the cloud and e-commerce platforms. According to industry sources on the 10th, Griffin’s Citadel hedge fund has more than tripled its investment in Amazon.com, Inc. Citadel’s top […]
Tesla Boosts Stock Price by $2000 with Advancements in Robotics, Energy Storage, and AIPhoto=Tesla Ark Investment Management’s CEO, Cathie Wood, has expressed strong conviction in Tesla’s stock price surge. With three key technologies as its foundation, Tesla’s stock price is predicted to follow an upward trajectory. According to industry sources on the 4th, Cathie Wood recently stated in an interview with CNBC, a U.S. economic specialist media outlet, […]
Tesla's Self-Driving Feature Trial Offer, Prediction of Net Income Up 21%Tesla’s decision to offer new electric vehicle buyers the opportunity to experience its advanced driving assistance technology, FSD (Full Self-Driving), is receiving positive reviews. As the proportion of FSD subscribers continues to increase, it can significantly contribute to Tesla’s revenue and net profit growth. According to the investment journal The Street on the 28th, Elon […]
Krispy Kreme Shares Soar After Partnering With McDonald'sKrispy Kreme’s stock price has soared following a partnership with McDonald’s. Krispy Kreme shares rose by up to 23% in pre-market trading on September 26th after McDonald’s announced plans to supply Krispy Kreme doughnuts to all U.S. stores by the end of 2026. The two companies have announced that the partnership will begin in the […]
How Tesla's Dojo Became the $50 Billion Game-ChangerMorgan Stanley values Tesla's Dojo computer at $50 billion, boosting stock by 6%. Dojo accelerates AI in autonomous vehicles.
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