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Arista Networks Insider Sold Shares Worth $8,925,000, According to a Recent SEC Filing
Jayshree Ullal, Director, President and CEO, on July 01, 2024, sold 25,000 shares in Arista Networks (ANET) for $8,925,000. Following the Form 4 filing with the SEC, Ullal has control over a total of
Nokia (NOK) Optimizes Network Infrastructure in Saudi Arabia
Arista Networks Hits Near 17-year High
Is the market becoming impatient? More and more people are discussing the fact that AI burns so much money but earns so little.
So far, AI technology has produced almost no economic benefits. Faced with the huge gap between burning and earning money with AI, the market's patience for technology stocks is gradually disappearing.
The AI wave has driven the amount of risk investment in the USA to a new high in nearly two years, while the exit activity has continued to be sluggish.
In the second quarter of 2024, the amount of venture capital in the USA reached $55.6 billion, a 47% increase compared to the previous period and also the highest in the past two years. However, the continued slump in exit activities also poses challenges to the sustainability of VC financing and subsequent investments.
Narrow growth in US stock market! Only a few stocks, in addition to technology giants, are also soaring.
According to the Piper Sandler's analyst listed in its Portfolio Strategy report, the stocks with the highest increase measured by standard deviation are presented. Overall, the S&P 500 index has risen 14.5% so far this year. The outstanding performance in the first half of this year is the third best in the past 25 years, second only to the first half of 2019 and the first half of 2023. However, despite the strong performance of large-cap stocks, which undoubtedly drove the market up, most US stocks are still falling. Although the S&P 500 index hit new highs in the second quarter, except for