There were a flurry of stock splits last year, including Nvidia , Broadcom, Chipotle, and Walmart, among others. But 2025 hasn't been nearly as active a year for stock splits.
Andrew Tulloch, the co-founder of Mira Murati's Thinking Machines Lab, has left the company to join Meta Platforms, the Wall Street Journal reported on Saturday.
Since the company's growth and profitability took a hit in 2022, leading to the stock also tanking, Meta Platforms (META -3.83%) has been a winning investment. In the past three years, shares have skyrocketed 437% (as of Oct. 9).
Nvidia, Amazon and Tesla all fell by about 5% on Friday, pushing the Nasdaq down 3.6%, its worst day since April. The slide came after President Trump threatened to slap a “massive increase of Tariffs” on Chinese products imported into the U.S.
Tech shares came under pressure Friday following renewed US-China tensions after President Donald Trump threatened a “massive increase” in tariffs and hinted at canceling a planned meeting with Chinese President Xi Jinping. The remarks, posted on Trump's Truth Social account, came in response to Beijing's announcement that it will tighten restrictions on rare earth exports effective December 1.
Sam Altman-backed Campus has hired Meta's former AI chief Jerome Pesenti as its technology head and acquired his AI company for an undisclosed amount. The acquisition advances the "engineering roadmap by 2-3 years," said Tade Oyerinde, Campus founder and chancellor.
Growth stocks have been leading the market higher, and with artificial intelligence (AI) still looking like it could be in the early innings, there is every reason to believe this could be the case moving forward.
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