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☆ Tech insiders are cashing out during the AI-fueled stock rally
▼ + stars: | 2024-03-06 | by ( Yun Li | ) www.cnbc.com time to read: +4 min

Nvidia Nvidia is the leader of the pack with shares surging more than 70% year to date, following a nearly 240% advance last year. A number of directors at the company sold shares in late February amid the fierce rally. NVDA 1Y mountain Nvidia Nvidia has been the primary beneficiary of the recent technology industry obsession with large artificial intelligence models, which are developed on the company's pricey graphics processors for servers. Meta Platforms Meta CEO Mark Zuckerberg trimmed his stake in separate sales over the past week. Satya Nadella (CEO) sold 1,300 shares on March 1 Bradford L. Smith (vice chair and president) sold 48,300 shares in early February.

Persons: Mark Stevens, Michael McCaffery, Mark Perry, Harvey Jones, Mark Zuckerberg, Zuckerberg, Meta's, Sherman Tuan, George Kao, Don Clegg, Lisa Su, Darla M, Smith, Mark Papermaster, Satya Nadella Organizations: Nvidia, Nvidia Nvidia, Microsoft, Whirlpool, AMD, Microsoft Microsoft, Bradford, Amazon Web Services

BROWNSVILLE, Texas (AP) — After Texas fenced off a park along the U.S.-Mexico border and began turning away Border Patrol agents, Republican Gov. He relayed frustration over migrants illegally entering the U.S. through the border city of Eagle Pass and federal agents loading them onto buses. The weekend deaths once again escalated tensions between Texas and the Biden administration. Border Patrol must have access to the border to enforce our laws,” White House spokesman Angelo Fernández Hernández said in a statement Sunday. “However, the bottom line is that Border Patrol was barred from entering Shelby Park,” Cuellar said in a statement.

Persons: Greg Abbott, ” Abbott, ‘ We’ve, We’re, ’ ” Abbott, “, Biden, ”, Angelo Fernández Hernández, Abbott, Henry Cuellar, ” Cuellar, Rolando Salinas, Melissa R, Cigarroa, ___ Stengle, Paul J, Weber, Mark Stevenson Organizations: —, Border Patrol, Republican Gov, U.S . Department of Homeland Security, Border, Texas Military Department, Lone Star, Migrants, Rio Grande . U.S . Rep, Democrat, ”, ” Texas Military Department, of Public Safety, Eagle Pass, Justice Department, U.S, Supreme, Shelby, Democratic, Wall Coalition, National Guard, Associated Press Locations: BROWNSVILLE , Texas, — After Texas, U.S, Mexico, Houston, Eagle, Texas, Rio Grande, Shelby, Rio Grande . U.S, ” Texas, . Texas, Laredo, Dallas, Austin, Mexico City

Many of the GOP presidential candidates say they would carry out potential acts of war against Mexico in response to the trafficking of fentanyl and other synthetic opioids. Mexican President Andres Manuel López Obrador repeatedly denies his country is producing the synthetic opioid despite enormous evidence to the contrary. Border agents seized nearly 13 tons (12,000 kilograms) of fentanyl at the U.S.-Mexico border between September 2022 and August, according to U.S. Customs and Border Protection. "As commander in chief, I’m going to use the U.S. military to go after the Mexican drug cartels,” said DeSantis, the Florida governor. Lopez Obrador took office in December 2018 campaigning with a motto of “hugs, not bullets,” and for four years has shredded his predecessors’ prosecution of the drug war.

Persons: Ron DeSantis, Nikki Haley, Vivek Ramaswamy, ” Donald Trump, You’ve, you’ve, ”, Arturo Sarukhan, “, Andrea Thomas ’, Thomas, Joe Biden's, Andres Manuel López Obrador, I’m, DeSantis, James Mandryck, Lopez Obrador, Xóchitl Gálvez, James K, Polk, Woodrow Wilson, Pancho Villa, Trump, Tony Payan, Elliot Spagat, Mark Stevenson Organizations: MIAMI, Republican, GOP, U.S . Customs, U.S . Commission, Univision, Drug Enforcement Administration, Trump, Biden, U.S ., Center, Rice, Baker Institute for Public, Associated Press Locations: U.S, Mexico, United States, Washington, Junction , Colorado, Mexican, Florida, China, Sinaloa, Latin America, Texas, California , Nevada , Utah, New Mexico, Arizona, Colorado, Oklahoma , Kansas, Wyoming, Veracruz, Columbus , New Mexico, San Diego, Mexico City

☆ Corporate America’s Chief Critic, Carl Icahn, Gets His Comeuppance
▼ + stars: | 2023-08-21 | by ( Maureen Farrell | More About Maureen Farrell | ) www.nytimes.com time to read: +1 min

He said Mr. Anderson did not call him before publishing the report, denying him the opportunity to present his side of things. Short sellers borrow stock held by big investors and sell it in the open market, betting that its price will fall. If they bet right, they can buy the borrowed shares back at the lower price, return them and pocket the difference. Mr. Icahn said he buys and holds stocks for years and makes changes from the inside. (As of July 31, he said, his investors would have an annualized return of 12.8 percent compared to 6.9 percent for the S&P 500).

Persons: Carl, ”, Mark Stevens, Icahn, Mr, Anderson, Nikola, ” Mr, “ I’m Organizations: Hindenburg Research, Adani

☆ El Paso Shooting Suspect Indicted on Capital Murder Charge
▼ + stars: | 2019-09-12 | by ( Heather Murphy | More About Heather Murphy | ) www.nytimes.com time to read: +1 min

Nineteen minutes before the first 911 call alerted the authorities to a mass shooting, a hate-filled, anti-immigrant manife sto appeared online. The suspect told investigators soon after his arrest that after driving more than 10 hours from Allen to El Paso, he had become lost, and then drove to Walmart because he was hungry, according to court documents. He also told investigators that he had used an AK-47-style rifle and brought multiple magazines with him from Allen to carry out the killings. The police told her that, according to the law, her son was allowed to have the weapon , a lawyer for his family has said. A lawyer for Mr. Crusius could not be immediately reached for comment on Thursday.

Persons: manife sto, Allen, Crusius, Mark Stevens Organizations: Walmart, Allen Police Department Locations: Texas, El Paso, United States

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