Can Nvidia’s astronomical growth last? One outperforming fund manager weighs in
“I have never seen anything like this in terms of the dramatic earnings acceleration it’s displaying,” says Nick Griffin, CIO of Munro Partners.
S&P 500 posts first losing day in 3 as Nvidia’s climb fails to lift market, Dow drops 400 points: Live updates
Stocks slid Wednesday as choppiness in artificial intelligence darling Nvidia put one of the last few bright spots for traders at risk.
Chinese travelers are opting for lower-cost domestic destinations over foreign tourist spots
Cost-conscious Chinese consumers are increasingly picking cheaper tourist destinations at home instead of going overseas.
These robust companies may be primed to start offering a dividend, Wolfe says
Meta Platforms and Alphabet announced dividends earlier this year. Wolfe highlights a few companies that may join their ranks.
FTX exec who turned on Sam Bankman-Fried sentenced to 7.5 years in prison
Former top FTX exec Ryan Salame who turned on Sam Bankman-Fried sentenced to 90 months in prison and ordered to pay more than $11 million.
Investors have made these 9 AI plays their core holdings, Bank of America data shows
The Wall Street firm looked at the holdings of U.S. large-cap equity mutual funds that are actively managed.
I took a nearly $90,000 pay cut to work in food—now my restaurant brings in more than $1.8 million per year
Ji Hye Kim took a significant pay cut when she went from health care to food services. Her Michigan-based restaurant, Miss Kim, is now a success.
Hess shareholders approve $53 billion Chevron deal amid dispute with Exxon over Guyana assets
The Chevron-Hess deal was originally slated to close in the first half of 2024, but that timeline has been delayed due to a dispute with Exxon Mobil.
More than 100 business leaders including Wikipedia’s Jimmy Wales sign open letter backing Britain’s center-left opposition
The U.K. has been “denied the skills and infrastructure it needs to flourish,” the letter says.
OpenAI creates oversight team with Sam Altman on board, begins training new model
OpenAI, the developer of ChatGPT, said it has begun training its “next frontier model.”
