Hedge funds have significantly increased their exposure to Nvidia, driven by the AI boom, while reducing stakes in AMD. This shift highlights the growing confidence in Nvidia's market leadership.
Arista Networks outpaced Q1 earnings and revenue expectations and announced a new $1.2 billion stock buyback. Shares rose 7% in extended trading as the company provided guidance slightly above Wall Street forecasts.
Google's parent Alphabet (NASDAQ: GOOGL) not only exceeded Wall Street's earnings estimates but also declared its first-ever dividend, signaling a new shareholder-friendly era.
In a landmark settlement, Google agrees to delete billions of private browsing records and impose limits on tracking, addressing a class action lawsuit over privacy violations in Incognito mode.
