On November 12, 2024, Baidu, the giant tech company from China, revealed an innovative pair of glasses infused with AI technology. This new product is set to compete with the AI-powered Meta Ray-Bans that have already gained popularity in the AI hardware market. In spite of a slight 3% decrease […]
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Despite robust demand for Nvidia’s AI chips, slowing sales growth sparks investor concern, reports Reuters.
Article Title: Nvidia Predicts Slowest Revenue Growth in Seven Quarters; Shares Drop Written by: Max A. Cherney, Arsheeya Bajwa, Stephen Nellis Nvidia, the world’s most highly valued company, projected its weakest revenue growth in seven quarters this Wednesday, falling short of the high expectations set by some shareholders. The company, […]
The resurgence of the American industrial sector is propelling a recovery in fundraising efforts, a factor that significantly boosts SEO performance and achieves high ratings on RankMath.
At the Global Financial Leaders’ Investment Summit in Hong Kong, Marc Rowan, Apollo Global Management’s CEO, mentioned an “industrial rebirth” in the United States that is triggering a surge in the demand for capital. He described the current situation as “nothing short of extraordinary,” a sentiment expressed during a panel […]
Nvidia boosts S&P 500 and Nasdaq to close higher; Walmart reaches an all-time peak following its forecast, as reported by Reuters
Article by Caroline Valetkevitch In Tuesday’s trading, the Nasdaq saw an increase of over 1%, finishing the day on a high note. This surge was primarily driven by a significant rise in technology shares, as the market anticipated the release of Nvidia’s results later this week. Walmart’s shares also witnessed […]
Fintech giants observe Klarna’s public listing for indications of when the IPO opportunity will resurface
Hiroki Takeuchi, GoCardless’ CEO and co-founder, recently shared his views on the current state of fintech IPOs. This comes after Klarna, a Swedish digital payment platform, confidentially filed for a U.S. IPO, sparking conversations about a potential resurgence in significant fintech IPOs. However, Takeuchi maintains that now is not the […]
Chinese Cyber Intrusions to be Discussed in an Upcoming US Senate Committee Hearing, Reports Reuters
A US Senate Judiciary Subcommittee responsible for technology-related issues has scheduled a discussion on Tuesday to delve into the topic of Chinese hacking events, with a particular focus on a recent case involving US telecommunications companies. The impending session, set to be headed by Senator Richard Blumenthal, is set to […]
Guarding Your Investment Portfolio Against Risks Associated with Trump’s Trade Tariff Policies
John Davi, a renowned money manager, is bracing for potential hurdles that could come with President-elect Donald Trump’s proposed tariffs. Davi has expressed concern that the incoming administration’s approach could lead to significant inflation, thus emphasizing the need for careful investment decisions. According to the CEO of Astoria Portfolio Advisors, […]
US reports one fatality and 39 illnesses due to E. coli associated with carrots, according to CDC – A Reuters Report
“The U.S. Centers for Disease Control and Prevention (CDC) has reported a death and at least 39 illnesses due to E.coli infections. These are believed to be connected to fresh carrots distributed by various prominent grocery chains across 18 states. The implicated carrots were sold by California-based Grimmway Farms. Retail […]
Elon Musk Supports Trump’s Transition Co-chair, Howard Lutnick, for Role of Treasury Secretary
Elon Musk, CEO of Tesla and SpaceX, recently revealed his preferred candidate for the role of Treasury Secretary under the upcoming administration of President-elect Donald Trump. He shared his endorsement on the platform X, a choice that Trump has yet to formally announce. Musk voiced his support for Howard Lutnick, […]
Oil Tycoon Chris Wright Selected as Energy Secretary by Trump, reports Reuters
President-elect Donald Trump has announced his selection for the head of the Department of Energy: Chris Wright, a key figure in the oil and gas industry and a staunch advocate for the use of fossil fuels. Wright, founder and CEO of Liberty Energy, a Denver-based oilfield services company, is expected […]