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Cerebras IPO has 'too much hair' as AI chipmaker tries to sell Wall Street on Nvidia alternative
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Business - CNBC
Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
CoreWeave, an Nvidia-backed AI startup that rents out GPUs to companies, announced Friday that it has a new $650 million credit line to expand its business.3 hours ago -
Business - The New York Times
The Trump-Harris Election Is Creating Anxiety on Wall Street
Among deal makers with fortunes at stake, the consequences of a Harris or a Trump win are increasingly murky.Yesterday - Donald Trump -
Business - CNBC
AMD launches AI chip to rival Nvidia's Blackwell
Advanced generative AI such as OpenAI's ChatGPT requires massive data centers full of GPUs, which has created demand for more companies to provide AI chips.19 hours ago -
Business - Financial Times
Jenrick vs Badenoch: meet the next Conservative leader
Elimination of James Cleverly from contest leaves Tory members with choice between two rightwingersYesterday -
Business - MarketWatch
Wall Street’s hottest trade of the summer is at risk of fizzling out
Utilities stocks have had an incredible run in 2024. But has Wall Street’s hottest trade of the summer come too far, too fast?Yesterday -
Politics - The Hill
DeSantis rips Wall Street analysis over Milton assessment
Florida Gov. Ron DeSantis, discussing Hurricane Milton at a Thursday press conference, called out a Wall Street analyst who predicted the storm would cost the state $50 billion. The Republican was ...Yesterday -
Business - CNBC
Wall Street analysts downgrade Honeywell. We think they're making a mistake
JPMorgan cut the industrial name's rating to neutral from buy, citing concerns that its forthcoming materials spin-off appears dilutive.23 hours ago -
Business - The New York Times
Wall Street Profits Surge Despite Questions About the Economy
JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer.3 hours ago
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Business - CNBC
Wholesale prices were flat in September, below expectations
The producer price index was expected to show a 0.1% increase in September, according to the Dow Jones consensus.1 hour ago -
Business - CNBC
Tesla shares drop 8% after Cybercab robotaxi reveal fails to impress
Shares of electric vehicle maker Tesla tumbled Friday after the company's long-awaited robotaxi event failed to impress investors.1 hour ago - Tesla -
Business - CNBC
JPMorgan Chase tops estimates for profit and revenue on better-than-expected interest income
JPMorgan said profit fell 2% from a year earlier to $12.9 billion, while revenue climbed 6% to $43.32 billion.1 hour ago -
Business - CNBC
Wells Fargo shares jump after earnings top Wall Street expectations
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.1 hour ago -
Business - CNBC
Jamie Dimon says geopolitical risks are surging: 'Conditions are treacherous and getting worse'
JPMorgan Chase CEO Jamie Dimon sees risks climbing around the world amid widening conflicts in the Middle East.1 hour ago