Marketwatch First Take Nvidia Created An Ai Bubble and Software Stocks Are Already Paying the Price
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Competitors Plot to Break Nvidia's Grip on AI by Targeting Software
Qualcomm, Google and Intel join a group trying to provide alternative AI software that won't require Nvidia chips.Inc. - Business -
Truth Social Stock Price Surges on First Day of Trading, Increasing Trump's Fortune
Shares of Donald Trump’s social-media company surged 16% on their first day of trading, making the presidential candidate’s stake at the end of the day worth roughly $4.5 billion.The Wall Street Journal - World - Donald Trump -
AI boom drives global stock markets to best first quarter in 5 years
MSCI index of world stocks rises 7.7% as optimism about US economy offsets expectations of slower rate cutsFinancial Times - Business -
Google to IBM: How big tech giants are embracing Nvidia’s new hardware and software services
Nvidia shared how it is evolving its work with several industry giants by taking its newly announced AI computing infrastructure, software and services to their tech stack.VentureBeat - Tech - Google -
CIOs share how they are harnessing gen AI’s potential at Nvidia GTC
From detecting anomalies in security logs to improving developer productivity through automation of code migrations, CIOs and IT leaders shared how they're harnessing gen AI's potential across a broad base of use cases to achieve productivity gains.VentureBeat - Tech -
Nvidia's AI ambitions in medicine and health care are becoming clear
Applying Nvidia AI chips to health care, whether it's biotechnology, chemicals, or drug discovery is going to be a big business.CNBC - Business -
Pure Storage, Nvidia partner to democratize AI with new infrastructure solutions
Pure Storage and Nvidia collaborate to deliver validated AI infrastructure solutions, empowering enterprises with high-performance data storage and compute capabilities for successful AI deployments at scale.VentureBeat - Tech -
Nvidia has a parade of partners, but these two stocks are my favorite beneficiaries
Jim Cramer reflects on Nvidia's GTC conference and identifies the companies that stand to gain the most through partnerships with the AI chip giant.CNBC - Business -
‘Attention is All You Need’ creators look beyond Transformers for AI at Nvidia GTC: ‘The world needs something better’
Seven of the eight authors of the Transformers paper, which led to the gen AI boom, gathered to chat at GTC with Nvidia CEO Jensen Huang.VentureBeat - Tech -
Nvidia triples and Intel doubles generative AI inference performance on new MLPerf benchmark
There are more than 8,500 performance results in the MLCommons' latest benchmark, testing all manner of combinations and permutations of hardware, software and AI inference use cases.VentureBeat - Tech -
SambaNova announces new AI Samba-CoE v0.2 that already beats Databricks DBRX
What makes this achievement particularly notable is the efficiency of the model—it achieves these speeds without compromising on precision.VentureBeat - Tech -
A First Step Toward a Global Price on Carbon
A tax on ship emissions could have an impact on almost everything we buyThe New York Times - Top stories -
Super Micro's AI Boom Carries a Big Price Tag
The maker of Nvidia-based AI servers has a hot hand, but a high-cost business model leaves the stock looking overheated.The Wall Street Journal - World -
Adobe Just Demonstrated How AI Can Create Stellar Marketing Materials for Coca-Cola--or Any Company
Adobe's new GenStudio tool is designed to give marketers a boost by creating content with generative AI.Inc. - Business -
Americans pay a steep economic price for Washington’s failure to confront Russia and Iran
Long-term consequences from short-sighted policies in Europe, the Middle East and China.MarketWatch - Business - Iran -
Reddit Stock Surges on Its First Day of Trading
The home of memestocks is now publicly traded on the New York Stock Exchange as RDDT, in the first major social media IPO in five years.Wired - Tech -
Apple’s stock has faltered, but a Steve Jobs moment in AI may be on the horizon
Apple is perceived to be behind the curve when it comes to AI. But what if CEO Tim Cook is about to stage his big “Steve Jobs” moment?MarketWatch - Business -
The Fight for AI Talent: Pay Million-Dollar Packages and Buy Whole Teams
The search for AI expertise is heating up amid a shortage of candidates and as layoffs hit other areas of tech.The Wall Street Journal - Tech -
They Chose to Take a Pay Cut---and Say They're Happier
Switching to a job with a lower salary often means trimming your expenses, but it can come with a raise in free time and work-life balance.The Wall Street Journal - World -
'Diarra from Detroit,' created by Diarra Kilpatrick, offers a fresh take on the detective genre
One of the buzzy new shows of the spring TV season is "Diarra from Detroit"," now streaming on BET+ABC News - Entertainment -
Cocoa prices hit $10,000 per metric ton for the first time ever
Cocoa prices reached a record on Tuesday as high demand and supply constraints fuel prices higher.CNBC - Business -
Xiaomi Prices First EV Competitively, Seeks Pole Position in Crowded Market
Chinese smartphone maker Xiaomi has put a lower-than-expected price tag on its first electric vehicle as it joins the fiercely competitive race in China’s EV market.The Wall Street Journal - World -
The first ‘Fairly Trained’ AI large language model is here
The new LLM is called KL3M (Kelvin Legal Large Language Model, pronounced "Clem"), and it is the work of 273 Ventures.VentureBeat - Tech -
Books on the impact of the internet and AI are finalists for the first-ever Women's Nonfiction Prize
Books about the dizzying impact of the internet and artificial intelligence are among finalists for a new book prize that aims to help fix the gender imbalance in nonfiction publishingABC News - Entertainment -
White House releases first government-wide policy to mitigate AI risks
The White House on Thursday morning released its first government-wide policy aimed at mitigating the risks of artificial intelligence (AI), requiring agencies to take further action to report the use of AI and address risks the technology may ...The Hill - Politics -
Leaders of some of the biggest U.S. tech companies are getting extraordinary paydays thanks to restricted stock and stock options that rose with their employers' share prices.
Leaders of some of the biggest U.S. tech companies are getting extraordinary paydays thanks to restricted stock and stock options that rose with their employers’ share prices.The Wall Street Journal - World -
AI Will Take 10 Percent of Jobs. What About the Other 90 Percent?
Do the valuable jobs that AI chatbots do poorly.Inc. - Business -
The stock market is crushing the first quarter. What that may hold for the rest of 2024.
The S&P 500 is wrapping up a historically strong first quarter. How much good news is priced in?MarketWatch - Business -
Truth Social’s stock rally has made Trump billions, and many others millions
Trump Media & Technology Group’s stock soared Tuesday, as investors rushed to buy the stock with the new ticker symbol that bears the initials of the former president.MarketWatch - Business - Donald Trump -
Trump social media stock surges in first day of trading
Former President Donald Trump's social media company got off to a quick start in its stock market debut Tuesday.NBC News - Politics - Donald Trump -
Robinhood’s stock jumps after company launches first credit card
The Robinhood Gold Card is aimed at Robinhood Gold members — a subscription product offering premium services for a fee — and has no annual fee or transaction fees, but comes with a 3% cash back on all categories.MarketWatch - Business -
FirstFT: Obama and Clinton back Biden’s support for Israel’s war in Gaza
Also in today’s newsletter, OpenAI courts Hollywood and Easter egg shrinkflationFinancial Times - World - Israel -
First Medicare Health Plans to Start Paying for Weight-Loss Drug Wegovy
The first major U.S. health insurers have agreed to start paying for the popular anti-obesity drug Wegovy for certain people on Medicare with heart-related conditions.The Wall Street Journal - World -
First Medicare Health Plans to Start Paying for Weight-Loss Drug Wegovy
The first major U.S. health insurers have agreed to start paying for the popular anti-obesity drug Wegovy for certain people on Medicare with heart-related conditions.The Wall Street Journal - Business -
Estee Lauder jumps 5% on an analyst upgrade — our take on the cosmetics stock
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
How the AI potential of Reddit’s user data has helped send its stock soaring
The social-media website’s stock continues to attract investor interest after its closely watched IPO last week.MarketWatch - Business -
Micron’s stock heads for best month in 13 years as bulls see more AI gains ahead
Micron has cemented itself in Wall Street’s eyes as a financial beneficiary of artificial intelligence, and investors are excited about what’s to come.MarketWatch - Business -
It’s time to buy the next leg of the AI story. Think global, says Citi, offering these stock picks.
Citigroup analysts are greenlighting the next round of AI stock buying, but say look beyond U.S. shores.MarketWatch - Business -
New York City congestion pricing, first in the nation, is approved at $15 and up for vehicles
A majority of the MTA board voted in favor of New York City congestion pricing, green-lighting the controversial plan to charge cars $15 to enter Manhattan.NBC News - Top stories - New York -
Rents across the U.S. grew for the first time in 6 months — only Arizona saw price drops in every metro
One of the main drivers of high housing costs is low supply. Cities in this state are boosting supply, helping push rental prices down.CNBC - Business