U.S. trade official says ‘very few’ Nvidia H200 AI chips have been shipped to China
The remark is a sign that H200 shipments to China have restarted, potentially boosting Nvidia’s sales even higher.
Stocks making the biggest moves midday: IBM, Goldman Sachs, CleanSpark, HCA Healthcare & more
These are some of the stocks posting the largest moves midday.
Bank of America says investors are too bullish so forget about summer market upside
Strategist Michael Hartnett worries the sheer level of optimism is a contrarian sell signal, saying investors should reduce their exposure to stocks.
Paramount still plans to close WBD merger by end of September despite lawsuit
Paramount is still planning for its acquisition of Warner Bros. Discovery to close by late September despite lawsuit challenge from state attorneys general.
Warren Buffett is accelerating his charitable donations with aim to give away Berkshire wealth by 2034
Warren Buffett is speeding up the pace of his annual donations of Berkshire Hathaway shares to four family foundations, giving them a total of almost $6 billion now.
United Airlines’ new upsell: Keeping other travelers out of the middle seat
United Airlines will allow customers to pay more to keep the middle seat open on its Airbus A321XLRs
Warren Buffett excludes Gates Foundation from his annual donations of Berkshire stock
Warren Buffett omitted the Gates Foundation from his annual charitable stock gifts.
HSBC loses conviction in leading drugmaker, forecasts ‘tough path’ ahead
The bank’s analysts wrote in a note on Monday that they have downgraded the stock to ‘hold’, as the team “no longer finds the risk-reward balance attractive.”
IBM stock craters 25%, the worst day on record, after company issues second-quarter earnings warning
The CEO blamed the shortfall on weakness in the software and infrastructure business because clients shifted money toward hardware purchases.
Retail-trader ‘bottleneck bros’ eyeing AI supply chain can’t wait for SK Hynix options
For many of those retail tech traders, SK Hynix’s memory business reminds them of Micron – the paragon of the supply-chain bottleneck thesis.
