NVIDIA CEO sells shares
NVIDIA Chief Executive Jensen Huang sold 225,000 shares of the company's stock last week in three installments for a total of $36.4 million, according to documents filed with the U.S. Securities and Exchange Commission (SEC).
The three sales were for 75,000 shares each and took place between July 8 and 10, according to the documents. Huang has made 10 sales of 75,000 shares since June 25.
NVIDIA shares rose 0.50% on Friday on the Nasdaq to $164.92. Year-to-date, NVIDIA shares have gained 28.46%.
Viva Aerobus , Mexico's second-largest low-cost airline, posted a 6.1% increase in passenger traffic in June, the most modest increase in the past eight months.
Traffic growth in June was also the weakest for a sixth month of the year since 2020, when the industry was grappling globally with the adverse effects of the COVID-19 pandemic.
Viva Aerobus' domestic traffic increased 5.8% compared to the sixth month of the previous year, while the number of international travelers using its services was 9.2% higher than the previous year.
In June, the airline reached a load factor of 86%, which was 2.7 percentage points below its June 2024 level. Meanwhile, capacity, measured in available seat miles, increased 6.8 percent.
Previvale, an issuer of food vouchers and electronic wallets that distribute corporate resources and social programs, announced the appointments of José Antonio García León and Patricia Torres as its CEO, partner, and managing director, respectively. Both have experience leading leading companies in the sector such as Up Sí Vale and Broxel.
Its first success is the authorization from Marcelo Ebrard's Ministry of Economy to use the Made in Mexico logo, which represents a guarantee of quality for users, in this case, of financial services in the e-wallet market.
Previvale was acquired by Grupo Klu, chaired by Alberto Djemal, which recently opened its new corporate tower in Lomas Virreyes, Mexico City.
SpaceX has pledged $2 billion to xAI as part of a $5 billion capital round, strengthening ties between billionaire Elon Musk's companies as his artificial intelligence firm competes with rival OpenAI.
The investment follows xAI's merger with X and values the combined company at $113 billion. The Grok chatbot is already compatible with Starlink and is expected to be integrated into Tesla's Optimus robots in the future.
Responding to a post on X about whether Tesla might also invest in xAI, Elon Musk said on Sunday: "Would be great, but subject to board and shareholder approval."
Eleconomista
