One tiny country drove 15% of Nvidia’s revenue – here’s why it needs so many chips
About 15% or $2.7 billion of Nvidia’s revenue for the quarter ended October came from Singapore, an SEC filing by the chipmaker showed.
Goldman Sachs loves this sub-sector in China — and names 3 stocks to buy
The bank names three Chinese stocks it says are “well positioned” across six themes that will take center stage in 2024.
Analysts love this under-the-radar British banking stock — and Jefferies says it’s set to double
The lender’s stock has already risen by 30% over the past month after it revealed a rapidly growing loan book.
S&P 500 rises on Friday to close at 2023 high: Live updates
The Dow Jones Industrial Average notched a 2023 high and capped off its best month in over a year.
China consumption shows ‘no sign’ of a strong V-shaped recovery, McKinsey says
China’s consumer isn’t going to be spending big anytime soon, which means companies need to be more strategic to tap the massive market, according to McKinsey.
OpenAI tender offer is on track for January despite leadership fracas, sources say
A round which would value OpenAI at around $86 billion is back on track after Sam Altman returned to the company, offering employees a chance at liquidity.
Novo Nordisk sues two pharmacies for allegedly selling tainted Wegovy, Ozempic knockoffs
The lawsuits come as Novo Nordisk grapples with shortages of Wegovy and Ozempic in the U.S. due to skyrocketing demand.
Coinbase rallies more than 60% in same month that FTX and Binance founders brace for prison
Coinbase’s stock had its second-best month since the company’s public market debut, and analysts attribute much of the rally to Binance’s retreat
Mars, accused of using child labor in its supply chain, says it aims to end the practice
Children in Ghana are harvesting cocoa used in Mars’ M&M’s and Snickers, according to a CBS News report.
Google could delete your old Gmail account as soon as Friday
Google accounts that haven’t been used in the last two years will be deleted under the company’s new inactive account policy.
