From cashnews.co
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CashNews.co Stan Druckenmiller saw the potential for the next wave of artificial intelligence fairly early. That led him to take a big position in Nvidia in the fourth quarter of 2022. He added Microsoft in the first quarter of 2023, after it upped its stake in generative AI leader OpenAI. At...
2h ago
From cashnews.co
Is It Too Late to Buy? #NewsUnitedStates - Cash News
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CashNews.co Few companies have attracted more attention this year than Nvidia. The chipmaker is on a roll thanks to the rapid rise of artificial intelligence, and its revenue, earnings, and stock price continue to grow incredibly fast. Nvidia’s shares are up by 137% this year. Some companies...
2h ago
From cashnews.co
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CashNews.co Alibaba Group Holding (BABA, 9988.HK)’s cloud computing services unit and semiconductor powerhouse Nvidia (NVDA) are collaborating on an artificial intelligence initiative that will enable Chinese automakers to advance the autonomous driving experience for smart vehicle owners....
5h ago
From cashnews.co
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CashNews.co My financial advisor says I shouldn’t pay 100% cash for a house — is it better to take out a mortgage and invest in the S&P 500 instead? If you have a lot of cash and are considering buying a property, you may be tempted to pay for the home outright. After all, not […]
6h ago
From cashnews.co
Apollo eyes $5 billion investment in Intel, Bloomberg News reports #NewsUnitedStates - Cash News
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CashNews.co (Reuters) -U.S.-based asset management company Apollo Global Management has offered to make an investment of as much as $5 billion in Intel, Bloomberg News reported on Sunday. Apollo has indicated in recent days it would be willing to make an equity-like investment of billions of...
21h ago
From cashnews.co
Former Finance Manager Accused Of Embezzling From Menlo Park Firm #NewsUnitedStates - Cash News
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CashNews.co MENLO PARK, CA — A woman arrested Wednesday is accused of embezzling hundreds of thousands from a Menlo Park company where she worked for nearly a decade, according to investigators. The Menlo Park Police Department has identified the suspect as Amerlinda Mendoza, 59, of Mountain...
on Sep 6
From cashnews.co
From Silicon Valley to structured finance #NewsUnitedStates - Cash News
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CashNews.co After nine years at Uber, Ro’i Ehrlich became the first permanent chief executive of Arc Analytics, the sister company of the credit rating agency Arc Ratings. Ehrlich held key roles in Uber’s charge to expand in Africa and Europe as the Silicon Valley behemoth transformed the taxi...
on Sep 6
From cashnews.co
Nvidia posts Q2 beat, Blackwell production to ramp in Q4 #NewsUnitedStates - Cash News
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CashNews.co Nvidia (NVDA) reported better-than-expected second quarter results after the market close on Wednesday. The chip giant reported adjusted earnings of $0.68 per share compared to the expected $0.64. Revenue was $30.0 billion versus an estimated $28.86 billion. Data center revenue was...
on Sep 6
From cashnews.co
Why Is Nvidia Stock Down After Reporting Parabolic Growth? #NewsUnitedStates - Cash News
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CashNews.co Expectations were high heading into Nvidia‘s (NASDAQ: NVDA) fiscal 2025 second-quarter financial report. The company has become the de facto standard bearer for the artificial intelligence (AI) revolution. Its graphics processing units (GPUS) provide the computational horsepower...
on Sep 6
From cashnews.co
Is Now the Time to Buy Nvidia Stock? #NewsUnitedStates - Cash News
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CashNews.co The rise of artificial intelligence (AI) propelled shares of Nvidia (NASDAQ: NVDA) to incredible gains over the past year, from a 52-week low of $39.23 in 2023 to a high of $140.76 on June 20. This prompted a 10-for-1 stock split, and a 150% increase in its dividend in 2024. Now,...
on Sep 6
From cashnews.co
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CashNews.co It was only three years ago the NFL signed a media rights deal that welcomed Amazon Prime Video (AMZN) into the fold as the exclusive home of Thursday Night Football. At the time, the $13 billion, 11-year deal was viewed as a disruptive force that would forever alter the state of...
on Sep 6
From cashnews.co
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CashNews.co Say what you will about Elon Musk, but when the technological disrupter sets his mind to something, he plays to win. Founded only in July of last year, his latest artificial intelligence startup, xAI, just brought a new supercomputer dubbed Colossus online during the Labor Day...
on Sep 5
From cashnews.co
Nvidia stock tumbles to lowest level since mid-August #NewsUnitedStates - Cash News
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CashNews.co Nvidia stock (NVDA) extended losses early on Wednesday after sinking more than 9% to close at $108 as the overall market declined on the first trading day of the month. Its shares fell another 3% in premarket trading after the Department of Justice sent subpoenas to Nvidia and other...
on Sep 5
From cashnews.co
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CashNews.co You’ve heard the terms “upper class,” “middle class,” and “lower class” tossed around in conversations about money and society. But what do these labels mean? And, more importantly, where do you fit in? Don’t Miss: While there’s no perfect way to define economic classes, one common...
on Sep 5
From cashnews.co
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CashNews.co China pledged wider market access, billions in new financing and a more active role in Africa’s security on Thursday in its drive to deepen ties with the continent and push back at containment by the West. Addressing more than 50 African leaders at the FOCAC Summit in Beijing,...
on Sep 5
From cashnews.co
The 10 most popular podcasts about money and finance #NewsUnitedStates - Cash News
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CashNews.co Photo: mixetto (iStock by Getty Images) An estimated half-a-billion people listen to podcasts annually – enriching their morning commutes, workouts, and cleaning sessions with comedy shows, true crime deep dives, the news and self improvement programs. The industry experienced some...
on Sep 5