The A.I. chip boom is pushing Nvidia toward $1 trillion, but it won’t help Intel and AMD
Sales are up because of spiking demand for the graphics processors that Nvidia makes that power AI applications like those at Google, Microsoft and OpenAI.
Analysts scramble to raise price targets on Nvidia after super earnings. JPMorgan goes to $500
Multiple firms increased their price target on the chipmaker after it raised its outlook for the current quarter.
Jan. 6 rioter who put his feet on desk in Pelosi office sentenced to 4.5 years in prison
A photo of a smiling Richard “Bigo” Barnett in Pelosi’s office became one of the most notorious images from the Jan. 6 riot at the U.S. Capitol.
Snowflake shares plunge 12% on guidance miss, acquisition of search startup Neeva
Snowflake beat on the top and bottom lines for the fiscal first quarter, but it gave product revenue guidance that missed consensus estimates.
Fed officials less confident on the need for more rate hikes, minutes show
The Federal Reserve on Wednesday released minutes from its May 2-3 policy meeting.
‘The story is all about gold.’ ETF experts on commodity-based strategies
While deflationary pressures have stripped precious metals and mining stocks of their luster, flows into certain commodity-based funds continue to accrue.
College enrollment continues to slide as more students question the value of a four-year degree
Increasingly, high school students are rethinking the value of a four-year college.
Meta has started its latest round of layoffs, focusing on business groups
Meta has begun its third round of layoffs as part of a cost-cutting plan that will eliminate more than 21,000 workers from the company.
Elon Musk says his days are ‘long and complicated’ splitting time between SpaceX, Tesla and Twitter
Elon Musk talked about time management challenges of running Tesla, Twitter and SpaceX at a Wall Street Journal event
Nearly 50 state AGs sue company that allegedly facilitated billions of spam calls
Avid Telecom allegedly facilitated more than 7.5 billion calls to numbers on the National Do Not Call Registry, state AGs allege.
