Will Microsoft, Google and Meta's outsize investments in artificial intelligence produce outsize profits? Perhaps, but shareholders realized this week they'll have to wait longer to find out.
Gill, an investor at the center of the meme stock craze, acquired more than 9 million shares of Chewy in July that made him the company's third-biggest shareholder ... and big Wall Street hedge ...
It is increasingly a case of ‘show me the money’ from investors in the likes of Meta and Amazon who want to see the big spend on AI leading to returns ...
While big super funds are all active, their approaches are different, and we wonder whether their motives differ as well. That last bit – creating value for shareholders – is key. Stewart ...