“The virtual cycle of AI has been designed, and this is … the reason why you’re seeing the world’s capex going so fast,” Nvidia CEO Jensen Huang said.… MORE
Category Archives: Top News
Nvidia’s Huang downplays concerns over selling AI chips to Beijing: It has ‘plenty’ of its own
“It’s in the best interest of America to serve that China market. It’s in the best interest of China to have the American technology,” the Nvidia CEO said.… MORE
Exxon earnings fall on lower oil prices as OPEC+ raises production
Exxon Mobil on Friday reported third quarter earnings that fell year over year, as oil prices tumbled due in large part to OPEC+ increasing production.… MORE
Affirm gets boost from New York Life with $750 million loan deal
Affirm has secured similar funding lines with Liberty Mutual Investments, PGIM, and Sixth Street Partners, a trend across the buy-now-pay-later sector.… MORE
More retirement investors opting for ‘good enough’ stock portfolio strategy to protect their market money
Retirees are in a tough spot needing stock market growth to fight inflation, but their personal finance plans can’t stomach a major market correction.… MORE
Netflix announces a 10-for-1 stock split
The stock is currently one of 10 stocks in the S&P 500 with a price above $1,000.… MORE
Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing
Samsung is the latest company to announce a deal with Nvidia, whose chips remain essential for building and deploying advanced artificial intelligence.… MORE
YouTube TV accuses Disney of using blackout threat to drive up prices as it yanks ESPN, ABC from lineup
Disney content, including channels like ABC and ESPN, was removed from YouTube TV as of Thursday, after the two companies failed to renew a contract. … MORE
Chocolate’s reign over Halloween is under threat from inflation, tariffs and high cocoa prices
Chocolate prices soar nearly 30% this Halloween, pushing shoppers toward gummies and sour treats as cocoa costs and inflation haunt candy aisles.… MORE
Apple’s latest earnings came in hot thanks to the iPhone 17. Here’s how analysts are reacting
For the most part, Apple’s fiscal fourth-quarter results has analysts thinking the stock is primed for more gains going forward.… MORE