Cisco Systems Invests in CoreWeave; Zuckerberg Tops Bezos in Wealth Rankings

Thursday, 3 October 2024, 19:13

Cisco leads as it invests in CoreWeave, while Mark Zuckerberg surpasses Jeff Bezos in wealth. Shein eyes a London IPO amidst industry shifts. This article explores the latest from tech giants and financial moves that matter.
Moneycontrol
Cisco Systems Invests in CoreWeave; Zuckerberg Tops Bezos in Wealth Rankings

Cisco Eyes AI Expansion

Cisco Systems is set to invest significantly in CoreWeave, a cloud provider valued at $23 billion, stirring interest in AI-driven business.

JPMorgan Chase's New Stake

JPMorgan Chase emerges as a key investor in cash-strapped Australian casino Star Entertainment, holding a substantial voting power.

EU's Critical Tariff Vote

The European Union will vote on substantial tariffs on Chinese electric vehicles, a move that could alter trade dynamics.

Zuckerberg Surpasses Bezos

Mark Zuckerberg overtakes Jeff Bezos as the world's second richest person, driven by a meteoric rise in Meta's stocks amid broader tech market trends.

Shein's London IPO Strategy

Shein gears up for a London IPO with strategic investor meetings, highlighting the company's ambitious expansion plans.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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