Nvidia CEO Jensen Huang has sold over one billion dollars in company shares. This sale concludes a large pre-planned divestment. The chipmaker recently crossed a five trillion dollar market value milestone. This surge is driven by high demand for artificial intelligence processors. Several other company insiders have also profited significantly from the AI boom.
Oil Price Today (August 26): Crude oil tanks 6% in two days to hover near $85. What’s behind the decline?
Brent crude futures were down $2.35, or 2.65%, at $86 a barrel, while U.S. West Texas Intermediate crude futures fell $1.94, or 2.36%, to $80.42.