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Tuesday, 25 June 2024

Nvidia stock is down ~15% from June 20, losing ~$500B in market cap, after becoming the most valuable company on June 18; its CEO recently sold ~$95M in shares (Financial Times)

Financial Times:
Nvidia stock is down ~15% from June 20, losing ~$500B in market cap, after becoming the most valuable company on June 18; its CEO recently sold ~$95M in shares  —  Chipmaker's shares have fallen 15% since Thursday, ending brief stint as world's most valuable company last week



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The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an effort to encourage Kraken to list in London (Financial Times)

Financial Times : The UK government will take a £25M stake in Octopus Energy's tech spin-off Kraken, last valued at $8.65B, in an eff...