CashNews.co Semiconductor stocks rallied in Wednesday’s trading session after Nvidia (NVDA) CEO Jensen Huang highlighted “great” demand for AI chips. KeyBanc Capital Markets equity research analyst John Vinh joins Morning Brief to discuss the state of the overall AI race and some of the key players in the sector. After Nvidia rose 8% intraday, Vinh […]
CashNews.co Shares of Nvidia (NVDA) closed nearly 8% higher in Wednesday’s trading session after CEO Jensen Huang touted extraordinary demand for AI chips at the Goldman Sachs Communacopia and Technology Conference. Huang particularly noted that the chip demand is “intense” and that “everybody is counting on us.” Morning Brief Hosts Seana Smith and Brad Smith […]
CashNews.co After a hotter-than-expected inflation reading on Wednesday, markets have quickly moved to price in a higher likelihood that the Federal Reserve will opt for a small interest rate cut at its September meeting. Markets sold off following the read-through that the Fed won’t cut interest rates by 50 basis points as some had hoped. […]
CashNews.co We recently published a list of Billionaire Stanley Druckenmiller is Buying and Selling These 10 AI Stocks.Ā Since NVIDIA Corp (NASDAQ:NVDA) ranks 5th on the list, it deserves a deeper look. Stanley DruckenmillerĀ is one of the few billionaires who have been bullish on the AI megatrends right from the start. But that doesnāt mean heād […]
CashNews.co US stocks rose on Thursday as investors digested fresh inflation and labor data testing high-running expectations for a quarter-point interest-rate cut next week. The S&P 500 (^GSPC) rose 0.1% while the Nasdaq Composite (^IXIC) gained 0.3%, coming off sharp closing gains fueled by a tech rally. The Dow Jones Industrial Average (^DJI) was little […]
CashNews.co The Pac-12 is mobilizing its long-discussed plan to rebuild the league with additions from the Mountain West, sources tell Yahoo Sports. The two-team conference of Washington State and Oregon State will add Boise State, San Diego State, Colorado State and Fresno State in a reimagined Pac-12. Those schools applied for membership into the conference […]
CashNews.co Female founders are being held back by a lack of finance, a new report has found, amid renewed calls for more equitable investment into entrepreneurship. Nearly two-fifths (39%) of female small business owners say poor access to finance is preventing scale-up plans according to a report by Small Business Britain, in partnership with Square […]
CashNews.co UK public debt could be set to almost triple by the mid 2070s, according to a new report, mounting from less than 100% of gross domestic product (GDP) to around 270% over the next 50 years. The Office for Budget Responsibility’s (OBR) fiscal risks and sustainability report charted the hill the new Labour government […]
CashNews.co We recently compiled a list of the 20 Best Cryptocurrency Stocks to Buy According to Hedge Funds.Ā In this article, we are going to take a look at where NVIDIA Corporation (NASDAQ:NVDA) stands against the other cryptocurrency stocks. A Review of the Crypto World: Latest Updates Crypto has emerged as a major political issue in […]
CashNews.co (Bloomberg) — Nvidia Corp. Chief Executive Officer Jensen Huang, whose products have become the hottest commodity in the technology world, said that the scramble for a limited amount of supply has frustrated some customers and raised tensions. Most Read from Bloomberg āThe demand on it is so great, and everyone wants to be first […]