CashNews.co Nvidia employees’ stock shares put them in the 1% — but they can’t enjoy it. How to make your money work for you Nvidia employees apparently make so much money from their stock options that the company has a Slack channel dedicated to offering up personal finance tips. Yet many of the chipmaker’s employees […]
CashNews.co (Reuters) – Discount home goods retailer Big Lots is preparing to file for bankruptcy as early as this Sunday and plans to sell its chain of stores through a court-supervised process, Bloomberg News reported on Friday, citing people familiar with the situation. The company will remain in operation under Chapter 11 protection, the report […]
CashNews.co Investing.com– Intel Corporation (NASDAQ:INTC) shares rose 8% Friday after it was reported the company is considering options to weather a historic slump, which include potentially splitting off its foundry business and scrapping plans for new factories, Bloomberg reported on Thursday. The chipmaker is in talks with investment bankers over potential options and has met […]
CashNews.co There’s little question that one of the driving forces behind the ongoing bull market is the accelerating adoption of artificial intelligence (AI), and the poster child for that shifting paradigm is Nvidia. The company’s graphics processing units (GPUs) provide the computational horsepower needed for AI and have quickly become the gold standard. As a […]
CashNews.co Nvidia CEO Jensen HuangDavid Zalubowski/AP Nvidia stock has tumbled since it reported earnings last week. Bank of America says the slide opens up an attractive buying opportunity. The chip maker’s stock is trading near its lowest valuation in five years, the bank said. Nvidia bulls may feel paralyzed by the sudden onslaught of headwinds […]
CashNews.co Nvidia stock (NVDA) sank 4% on Friday as the semiconductor sector led a market sell-off in the final trading session of a volatile first week of September. Technology (XLK) stocks declined after the monthly jobs report showed the unemployment rate fell to 4.2% in August from 4.3% in July, prompting some analysts to predict […]
CashNews.co By Lewis Krauskopf NEW YORK (Reuters) – Shares of Nvidia (NVDA) and other Big Tech stocks have helped power the markets run to record highs this year. Their recent wobble is making investors nervous. A tumble in the chipmaker’s shares shaved $279 billion off Nvidia’s market capitalization on Tuesday, the single largest one-day decline […]
CashNews.co LG’s stretchable displays that we first saw at CES 2023 have made a new public appearance at a fashion show, the company announced. The tech — which LG now calls Stretchable — appeared as part of clothing and bag concepts at 2025 Seoul Fashion Week. The displays were added to the front of garments, […]
CashNews.co California lawmakers passed a sweeping artificial intelligence bill, SB 1047, that seeks to establish safeguards for tech firms developing large AI models. If signed into law, SB 1047 would dramatically alter the way top AI firms operate, leading to pushback from prominent players like OpenAI, Meta (META), and Google (GOOG, GOOGL). Governor Gavin Newsom […]
CashNews.co By Noel Randewich (Reuters) -Wall Street stocks rose and the Dow scored a second consecutive all-time closing high on Friday, with Tesla and Amazon climbing after fresh U.S. economic data raised expectations that the Federal Reserve will cut interest rates modestly in September. U.S. consumer spending increased solidly in July, suggesting the economy remained […]