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Cathie Wood buys $14.9 million of tumbling AI stock

Cathie Wood, head of Ark Investment Management, doesn’t give up on her favorite stocks easily. Sometimes she’ll buy them on the way down, betting the dip could become an opportunity. That’s what she did this… 

Foot Locker rival closing nearly 200 stores

Back in the 1980s and 1990s, every community had a local sneaker shop that sold all the major brands. These stores provided a necessary service because while you could buy sneakers at mall-based stores and… 

Nvidia’s AI dominance faces uncomfortable new reality

Nvidia has spent the past two years looking almost untouchable. The chipmaker’s graphics processing units have formed the backbone of the artificial intelligence boom, powering the data centers, cloud platforms and large language models that…