Nvidia Short Sellers Get Scorched Further Racking Up $22 Billion in Paper Losses Thursday
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Trump Media CEO renews assault on ‘DJT’ short sellers — but the math doesn’t add up
Former President Donald Trump’s media company is waging war on short sellers, but data show they cannot be blamed for the stock’s volatility.MarketWatch - Business - Donald Trump -
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.VentureBeat - Tech -
Stocks pare losses on Thursday with help of these bright spots
Semiconductors, carmakers and gains in other sectors helped limit stock-market losses on ThursdayMarketWatch - Business -
Southwest Airlines considers ending open seating as loss widens, revenue falls short
Southwest Airlines Co.’s stock tumbled 9% Thursday after the airline posted a wider-than-expected first-quarter loss and revenue that lagged estimates.MarketWatch - Business - Travel -
Housing supply surges by up to 50% in these metro areas — and many sellers are being forced to slash their asking prices
The property report includes 85 major metropolitan areas in the U.S. with populations of at least 750,000.MarketWatch - Business -
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.CNBC - Business -
As more borrowers qualify for student loan forgiveness, incoming college freshmen are set to rack up $37,000 in new debt, report finds
Most families take out student loans to cover the rising cost of college. A new report found that incoming freshmen may have $37,000 in debt by graduation.CNBC - Business -
Meta's Reality Labs posts $3.85 billion loss in first quarter
Mark Zuckerberg's bet on the metaverse continues to be a money-bleeding endeavor, with the unit reporting billions of dollars in losses every quarter.CNBC - Business -
Micron Gets $6.1 Billion to Build Three New Facilities
The government grant will fuel up to $125 billion in investment by Micron in New York and Idaho over the next 20 years, U.S. officials said.The Wall Street Journal - Tech -
Bristol Myers Squibb beats on revenue, launches $1.5 billion cost cuts as it posts quarterly loss
Bristol Myers Squibb said the charges primarily reflect its acquisition of Karuna Therapeutics and collaboration agreement with SystImmune.CNBC - Business -
Thursday Briefing
Signs suggest that Israel will likely invade Rafah.The New York Times - World -
US-Best-Sellers-Books-PW
US-Best-Sellers-Books-PW Week ending 4/20/2024ABC News - Entertainment -
Oil prices give up losses to settle at a more than 1-week high
Oil futures shake off early losses Thursday to finish higher, with both U.S. and global benchmark prices settling at their highest in more than a week.MarketWatch - Business -
The Papers: Labour 'vow to nationalise rail' and school stabbing
Labour's election promise on the train network and a "horrific" Wales stabbing feature in the papers.BBC News - Top stories -
The Papers: Yousaf 'in peril' and 'customised' skin cancer jab
A tough spot for Scotland's first minister and trials of a cancer vaccine are among the lead stories.BBC News - Top stories -
Wave of exceptionally hot weather scorches south and south-east Asia
Warnings of dangerous temperatures across parts of Philippines, Thailand, Bangladesh and India as hottest months of the year are made worse by El Niño. Millions of people across South and Southeast Asia are facing sweltering temperatures, with ...The Guardian - World -
Nvidia I Sunday on 60 Minutes
One of only five companies to ever surpass $2 trillion in stock market value, computer chip maker Nvidia ushered in the artificial intelligence revolution with its groundbreaking software and graphics processing unit. Bill Whitaker reports, Sunday.CBS News - Top stories -
SportsLine promo code: Top sign-up offers to get betting advice for picks, DFS, season-long fantasy and more
Golf majors, college basketball championships and baseball are here, so get the latest SportsLine promo codes right hereCBS Sports - Sports -
2024 NFL Mock Draft: Jets' Aaron Rodgers gets his WR after trade up, AFC team moves back into Round 1 for QB
Draft day has arrived, and fans will soon be able to see through the smokeCBS Sports - Sports - NFL -
2024 NBA playoffs bracket, schedule, games today, scores: Nuggets go up 3-0 on Lakers, 76ers get key win
The NBA playoffs are underway with 16 teams in the hunt for the Larry O'Brien trophyCBS Sports - Sports - NBA -
It's One of the Last Pristine Coral Reefs on Earth. Should We Be Visiting It?
The Raja Ampat archipelago of Indonesia looms large in the imaginations of underwater adventurers. But by visiting its relatively untouched reefs are we protecting them—or threatening them?The Wall Street Journal - World -
Hamas Took More Than 200 Hostages From Israel. Here's What We Know.
Israel says 129 hostages abducted on Oct. 7 remain in captivity in Gaza, including the bodies of at least 34.The Wall Street Journal - World - Israel -
Auto & Transport Roundup: Market Talk
Gain insight on Canadian National Railway, Canadian Pacific Kansas City, North American freight-railroad traffic, and more in the latest Market Talks covering the Auto and Transport sector.The Wall Street Journal - World -
Energy & Utilities Roundup: Market Talk
Eni, Iberdrola and more in the latest Market Talks covering Energy and Utilities.The Wall Street Journal - World -
'Marisol: A Retrospective' Review: Sardonic Society Sculptures
The 20th-century artist incorporated the pressures of advertising, material culture and social conformity into clever, eye-catching works that are now the focus of an exhibition at the Toledo Museum of Art.The Wall Street Journal - World -
Thursday Briefing: Israel Seems Poised to Invade Rafah
Also, details of the U.S. aid package to Ukraine and Taylor Swift’s new album.The New York Times - World - Israel -
April 22, 2024 - Protests at Columbia and other schools escalate
Heightened tensions around pro-Palestinian protests on the campus of Columbia University have led the school to go all-virtual on Monday. The protests are now in their sixth day.CNN - Top stories -
US economic growth falls short of expectations with 1.6 percent annualized gain
U.S. economic growth dipped below 2 percent during the first quarter for the first time in more than a year and a half, according to a new government reading released Thursday. Gross domestic product (GDP) grew at an annualized rate of 1.6 percent ...The Hill - Politics -
U.S. economic growth slows as consumers tighten their belts
Real GDP increased at an annual rate of 1.6% in the first quarter of 2024, according to initial estimate.CBS News - Top stories -
Shigeru Ban Displays a New Version of His Paper Log House at the Glass House
A new version of the Pritzker Prize-winning architect’s Paper Log House is on display at the Glass House in New Canaan, Conn.The New York Times - Lifestyle -
Nvidia CEO Jensen Huang personally delivers first DGX H200 to OpenAI
Nvidia CEO Jensen Huang personally delivers the groundbreaking DGX H200 AI processor to OpenAI, heralding significant advancements in AI technology and research capabilities.VentureBeat - Tech -
The timing may be just right to buy Nvidia or other semiconductor stocks
So far this year, the PHLX Semiconductor Index has increased 8.7% (with dividends reinvested), but it has declined 7.7% in April. Meanwhile, shares of industry star Nvidia Inc. have declined 12% this month.MarketWatch - Business -
Nvidia stands to benefit as Meta spurs an even greater AI spending spree
Nvidia is among a number of companies expected to benefit from Meta’s loftier capital-expense budget.MarketWatch - Business -
What to expect when Trump "hush money" trial resumes Thursday
Testimony is expected to resume Thursday in former President Donald Trump's New York criminal trial. CBS News legal analyst Rikki Klieman joins with more.CBS News - Top stories - Donald Trump -
Jim Cramer's top 10 things to watch in the stock market Thursday
Wall Street is looking lower, especially the Nasdaq on Meta Platforms' earnings-driven 15% slide and higher inflation data.CNBC - Business -
"CBS Evening News" headlines for Thursday, April 25, 2024
Here's a look at the top stories making headlines on the "CBS Evening News with Norah O'Donnell."CBS News - Top stories -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - World - United Kingdom -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - Business - United Kingdom -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - Business - United Kingdom -
Supreme Court signals further delay in Trump election interference case as it weighs immunity
The Supreme Court considers Donald Trump’s assertion of total immunity from criminal charges over his attempt to overturn the 2020 election results.NBC News - Top stories - Donald Trump