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, after several consecutive […]
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 television and the […]
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 companies as it seeks evidence […]
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 weekend designed to train its large language model […]
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 approach is to look at net worth. Your […]
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, Chinese President Xi Jinping promised to […]
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 growing pains over the course of 2023 – many podcast companies laid off employees […]
CashNews.co The tech sector is under pressure as nearly $300 billion was wiped from Nvidia’s (NVDA) market capitalization in Tuesday’s trading session. Now, investors are questioning whether a pullback away from tech dominance is in store. Harvest Portfolio Management CIO and Wall Street Beats partner Paul Meeks joins Catalysts to discuss the state of the […]
CashNews.co Nvidia (NASDAQ: NVDA) stock is moving higher in Wednesday’s trading despite volatility. The company’s share price was up roughly 1% as of 2:15 p.m. ET, according to data from S&P Global Market Intelligence. Earlier in the day’s session, it had been up as much as 4.9% and down as much as 3.6%. Nvidia’s stock […]
CashNews.co Nvidia’s headquarters in Santa Clara, Calif. It’s been described as the most important company in the world at the moment. But new concerns surrounding Nvidia, the chipmaker powering the artificial intelligence revolution — and which this summer became America’s second-largest public company, behind Apple, when its valuation surpassed $3 trillion — have prompted a […]