CashNews.co Nvidia (NVDA) and Palantir (PLTR) have been two of 2024’s hottest stocks — Nvidia’s 179.6% year-to-date gain has made it the second-most valuable company in the world by market cap, while Palantir’s 153.3% gain has put it on the map as a mega-cap tech stock to be reckoned with, not to mention a new […]
CashNews.co Donald Trump’s World Liberty Financial Token Sales Hit $220M In First Hour, Website Faces Multiple Outages Donald Trump’s family project World Liberty Financial (WLFI) hit the floors, with its token sale reaching $220 million in value within first hour despite website crashes. What Happened: The WLFI token sale started with more than 344 million […]
CashNews.co We recently published a list of Jim Cramer Latest Portfolio Update: Top 10 Stocks. Since NVIDIA Corp (NASDAQ:NVDA) ranks 2nd on the list, it deserves a deeper look. Jim Cramer during his October 14 program on CNBC looked excited as he celebrated the rebound of major tech stocks, saying these companies are showing their “staying power” […]
CashNews.co Better-than-expected retail sales are giving stocks a boost (^DJI,^GSPC, ^IXIC). Investors are hoping it’s another sign that the economy is headed for a soft landing. On the earnings front, Netflix (NFLX) prepares to release its third quarter results later this afternoon. Yahoo Finance trending tickers include Nvidia (NVDA), Lucid Group (LCID), and Elevance Health, […]
CashNews.co EXCLUSIVE: This year has seen a swath of global production and distribution entities in film and television impacted by layoffs and cuts, and Vice Media Group has been no exception. Following the company’s much-publicized bankruptcy in 2022, when it was sold for $350 million to hedge fund and former investor Fortress, the group underwent […]
CashNews.co At the South Bethany Town Council meeting on Friday, Oct. 11, council members received a good report card for financial stability and fiscal reporting from the Town’s auditors. The Finance Committee and Town Treasurer Randy Bartholomew then moved to make the Town’s reserves of more than $5.7 million earmarked for their intended purposes — […]
CashNews.co Fleabag and 100 Foot Wave producer Joe Lewis has called independently-financed television production “the solution” to many issues facing the industry. The former scripted development chief at Amazon Studios told delegates at the MIA Market in Rome that his experience producing era-defining shows such as Channel 4 and Amazon dark comedy Fleabag had taught […]
CashNews.co Why Nvidia (NVDA) Shares Are Sliding Today What Happened? Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA) fell 6.8% in the morning session as semiconductor stocks fell after ASML, the biggest supplier of equipment used in making advanced chips, pre-announced weak earnings. ASML expects fiscal year 2025 sales to come in between 30 […]
CashNews.co Nvidia (NVDA) shares have retreated from its record high. The sell-off was triggered by the surprise rout in chip player ASML (ASML), which shocked investors this week by offering a weak outlook. The company cited softening demand for non-AI applications. But drilling deeper, all indications are that demand for Nvidia’s new Blackwell chip remains […]
CashNews.co We’re rolling into what is expected to be another wild tech earnings season, and you can bet AI is going to be front and center. And if there’s one company that everyone is watching, it’s Nvidia (NVDA). Shares of the chip giant are up more than 16% in the last month, and the stock […]