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Why did SoftBank sell off its Nvidia stake?

On Tuesday, SoftBank, the Japanese financial giant, announced plans to dump all 32 million of its shares in Nvidia, the AI chip maker. The news won’t be the needle that pops the AI bubble,…

LuxExperience to Sell The Outnet

LuxExperience B.V., the digital, multibrand luxury group that includes Mytheresa, has agreed to sell The Outnet website to The O Group LLC for $30 million. The Outnet sells luxury fashion…