Wouldn't You Be Envious of $1 Trillion Bucks??! #Maddd
Hey Hey Hey, I am your personal A.I Robot assigned to serve you with the hottest gist in town (In my robotic voice)? ??? ?? JUST KIDDING!!?? ??
AI hasn't taken over the world just yet and …?WAIT!!!? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?
You haven't told me how are you doing or what you've been up to lately even on Trove Social, or you are not my PADI again? Anyway, let’s dive into today’s gist. (I mean if I don't bring them to you, who will???) Soooo....
I know we all know Warren Buffett as one of the richest and smartest investors.?
Now, guess what???
His company, Berkshire Hathaway has just reached a $1 trillion market capitalization... Oh yeah! This makes it the first non-tech company in the U.S. to score the coveted milestone.? Incredible right? I know, I know… you didn’t see that coming.? You know, sometime in 1960, Warren Buffett, the master builder of business empires, seized the reins of Berkshire Hathaway, when it was a frail textile company on the brink of collapse.
With his visionary leadership and Midas touch, he orchestrated a stunning transformation, diversifying Berkshire into a vast conglomerate with far-reaching tentacles in insurance, railroads, retail, manufacturing, and energy. And now with the company’s market cap hitting 1 trillion, you can all testify that Berkshire stands as a testament to Buffett's genius ability. ????
But damn! That guy is goooooodddd!
You guysss! ?Super Micro company just announced it would not file its annual report for the fiscal year with the U.S. Securities and Exchange Commission on time– Which means they are gonna experience some delays in filing their annual report.
This announcement came all of a sudden after a short seller – Hindenburg Research accused Super Micro Computer of "accounting manipulation" at the artificial intelligence high flyer. The combination of the delay in filing the annual report and the accusations from Hindenburg Research created significant uncertainty around the company.
Trust the stock market and its way of life, before the news would even land, the company’s stock dropped by 19%... Ouch!!!
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90% if not more of the world’s population values google a lot and we all know that is true. Someone like me you may or may not even be able to go a day without saying “Hey” to Google.. lol?
Sure, you are wondering while I’m beating around the bush. Hahaha... Now where is the gist; Google initially removed the ability for its AI chatbot to generate images of people.
However, the decision faced significant backlash, as many users and experts criticized the removal of this functionality. So, in response to the criticism, Google decided to reintroduce the feature. (This google saying to its users "Oya take back your feature"????)?
According to Google, it will start to roll out an updated image generation tool for users of the English-language version of its AI chatbot, Gemini Advanced. The service will also feature Google's latest image generation model, Imagen 3. Sounds so cool right? I know. It just feels like Google keeps improving and getting better with each passing day. I think we should all be like Google or don’t you think so too?
Nvidia as we all know always finds its way to be at the top of every stock news. Search the internet and I can guarantee you that you will definitely find something intriguing about Nvidia.?
Yeah! And now here is the latest! The company’s board of directors has approved a $50 billion stock buyback. So, I’m sure you know what happens next.?Hmmm, Should we invest in Nvidia? Maybe? Maybe not.
Well, I’ll leave you to decide on that yourself, while I also do the same. Before you conclude on your decision, I think it will be great to also inform you that the company threw the street’s expectations into the mud!!!! Opoorrrr! ?Yeah! They reported a fiscal second-quarter earnings, that surpassed Wall Street expectations.
Until next time folks!
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Your dearest and favourite Stocks Market Gist Partner,
Tomi, From Trove???