CashNews.co NEW YORK (AP) â When Mykail James was 19 and working a holiday job at Victoria’s Secret, she took out a store credit card with a $2,000 credit line. When her school break was over, she realized she could no longer afford the payments. After missing a few, she paid off the card only […]
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 have performed even better, including one many investors […]
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 the start of this […]
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. Alibaba Cloud, the digital technology backbone of the e-commerce giant, on Friday announced that collaboration, as it unveiled […]
CashNews.co My financial advisor says I shouldn’t pay 100% cash for a house â 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 […]
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 dollars in Intel, the report said, citing a person […]
CashNews.co By Supantha Mukherjee (Reuters) – Internet giant Amazon’s cloud computing arm, Amazon Web Services, said on Wednesday that it plans to spend 8 billion pounds ($10.45 billion) in the United Kingdom over the next five years to build, operate and maintain data centres. The company expects the investment project to contribute 14 billion pounds […]
CashNews.co Over the last two years, the hype around the artificial intelligence (AI) boom has led to incredible operating momentum for Nvidia (NASDAQ: NVDA), the company that designs and manufactures most of the industry’s chips. But while business is roaring, the company’s stock price seems to have hit a roadblock. Let’s discuss why this might […]
CashNews.co âMy husband is retired from federal law enforcement and currently draws a comfortable pension.â (Photo subject is a model.) – MarketWatch photo illustration/iStockphoto Dear MarketWatch, My husband is retired from federal law enforcement and currently draws a comfortable pension. He only receives a small amount of Social Security, roughly $400 per month, as he […]
CashNews.co (Reuters) – Southwest Airlines has warned employees that it will soon make tough decisions as part of a strategy to restore profits and counter demands from activist investor Elliott Investment Management, Bloomberg News reported on Saturday. The airline is considering making changes to its flight routes and schedules to increase revenue, the report added, […]