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The equal-weighted version of the S&P 500 outperformed its traditional capitalization-weighted sibling this week by the widest margin in six years.
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It one of the worst weeks for tech stocks of the year, and Wall Street spent much of it confronting a question it had been too euphoric to ask: what exactly are we getting for all this AI spending?
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Stock market today: S&P 500, Nasdaq snap 2-week win streak as AI jitters pressure tech Yahoo! Finance CanadaStock market today: Dow, S&P 500, Nasdaq slide as report of OpenAI IPO delay rattles techs Yahoo FinanceWall Street ends lower as AI-related chip stocks tumble Honolulu Star-AdvertiserBig Tech is spending trillions on AI. Investors now want proof it will pay off. CBS News
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Romanian venture capital firm Fortech Ventures has rebranded as Nucleo Ventures alongside the launch of a €34m investment fund targeting startups and innovative SMEs across Romania and Central and Eastern Europe.
The post Romania's Fortech Ventures rebrands as Nucleo Ventures with €34m regional VC fund appeared first on AltAssets Private Equity News.
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We found 401 of the best Amazon Prime Day deals worth shopping before they're gone NBC NewsThe Best Prime Day Apple Deals on iPads, AirPods, and More The New York TimesThe 75 best Prime Day tech deals, vetted by a tech editor on a budget — AirPods for $99, Kindles for $85 MashableApple's AirPods Max 2 headphones are still $150 off — for now The VergeAll the best Apple Prime Day deals now live [Day 4 Update] 9to5Mac
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3IF Ventures, an impact venture capital fund dedicated to Africa's insurance start-up market, has made its first close of its III Fund at $12m. According to AfricaGlobalFunds, the Inclusive Insurance Fund is co-anchored by FSD Africa Investments and ZEP-RE, and will provide equity financing from pre-seed to Series B stages for early-stage InsurTech businesses […]
The post 3IF Ventures concludes first tranche of African Inclusive Insurance Fund at $12m appeared first on AltAssets Private Equity News.
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