Latest in AI chipmaker Cerebras files for IPO to take on Nvidia
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Supreme Court dismisses Nvidia’s appeal in securities lawsuit
The Supreme Court on Wednesday dismissed an appeal from Nvidia in a securities lawsuit against the chipmaking giant, allowing the case to move forward. The court dismissed the appeal as ...The Hill - Dec. 11 -
Supreme Court Won’t Decide Nvidia Securities Fraud Case After All
In an unsigned order, the justices dismissed the case against the tech giant as “improvidently granted,” meaning they had concluded that it had been a mistake to take it up.The New York Times - Dec. 11 -
Who will succeed Nvidia’s Jensen Huang? A new book raises this key question.
Investors who read the book might be concerned about one issue: Nvidia is completely entwined with its CEO.MarketWatch - Dec. 11 -
ServiceTitan raises IPO price on deal demand and appetite for new issuers
In a big move, ServiceTitan boosted its estimated price range to $65 to $67 a share, from $52 to $57 previously.MarketWatch - Dec. 11 -
GTA Online: How To Complete The Brute Force File In Agents Of Sabotage
The new Agents of Sabotage update has been released in Grand Theft Auto Online and it delivers a slew of content for fans to dive into. The main chunk of content in the update comes in the form ...GameSpot - Dec. 10 -
Florida state lawmaker files measure eliminating tuition aid for undocumented immigrants
Florida state Sen. Randy Fine (R) announced Monday he was introducing a bill to limit college tuition aid to undocumented immigrants. Fine is looking to repeal a 2014 state law “offering illegal ...The Hill - Dec. 10 -
How Jensen Huang Solicits Employee Emails to Keep Nvidia on Top
A new book on the rockstar CEO explores his ‘Top-5 Things’ messages, which lets him know what staffers are thinking about, so the company can stay abreast of nascent tech innovations.Inc. - Dec. 10 -
US chipmaking boom in doubt after Biden’s defeat
Executives wary after president-elect Donald Trump criticised subsidy programme in Chips Act as a ‘bad’ dealFinancial Times - Dec. 10 -
Delivery Hero's Talabat Set to be Largest Tech IPO in the Middle East
Shares in Delivery Hero subsidiary Talabat reversed direction and recently were trading lower as the company debuted on the Dubai stock exchange, but still was set to be the largest global ...The Wall Street Journal - Dec. 10 -
The India IPO party floats into 2025
In this newsletter’s first edition, the CFA’s decline and advice from Uday KotakFinancial Times - Dec. 10 -
Nvidia's stock dips after China opens probe of the AI chip company for violating anti-monopoly laws
Shares of Nvidia have slipped after China said it is investigating the high-flying U.S. microchip company over suspected violations of Chinese anti-monopoly lawsABC News - Dec. 9 -
Murder charge filed against UnitedHealthcare CEO suspect in New York
A murder charge was filed in New York on Monday night against Luigi Mangione, the man accused of gunning down UnitedHealthcare CEO Brian Thompson last week.NBC News - Dec. 10 -
Intel Should Have Focused on AI, Not Chipmaking, Says TSMC Founder
Morris Chang said at a press conference that his former competitor turned customer appeared to be in search of a new strategy after it forced out CEO Pat Gelsinger.Inc. - Dec. 9 -
Nvidia Investigated by China for Allegedly Violating Anti-Monopoly Laws
The AI chip powerhouse is getting scrutiny for its $6.9 billion acquisition of Mellanox in 2019.Inc. - Dec. 9 -
Nvidia Faces Antitrust Investigation in China
The move by Chinese regulators came a week after the Biden administration expanded curbs on the sale of advanced U.S. technology to China.The New York Times - Dec. 9 -
TikTok files emergency motion to stop ban from taking effect
The ban is set to go into effect next month unless TikTok finds a new owner.ABC News - Dec. 9 -
Nvidia Probed in China Over Possible Antimonopoly Violations
Beijing opened the investigation a week after the U.S. placed additional export controls on China’s access to high-end semiconductors.The Wall Street Journal - Dec. 9 -
Nvidia reportedly facing China antitrust probe. Why that matters for the stock.
Nvidia’s stock heads for a third-straight decline after report of China’s investigation due to antitrust concerns.MarketWatch - Dec. 9 -
Nvidia shares fall as China launches antitrust investigation into company
Tech corporation suspected of violating anti-monopoly law after Washington’s latest curbs on Chinese chip sector. China said on Monday it had launched an investigation into Nvidia over ...The Guardian - Dec. 9 -
China launches antitrust probe into Nvidia
Move comes as tensions deepen between Washington and Beijing over development of AIFinancial Times - Dec. 9 -
Bain Capital-Backed Kioxia Sets Offering Price for $800 Million IPO
The Japanese chip maker produces NAND flash-memory chips used in smartphones, computer servers and other devices.The Wall Street Journal - Dec. 9 -
Lizzo dismissed from harassment suit filed by wardrobe sylist
A federal judge has dismissed Grammy award-winning singer Lizzo from a harassment lawsuit filed by a wardrobe stylist but her production company remains a defendant.NBC News - Dec. 7 -
Elon Musk’s X.AI wins $6 billion in private funding as the latest unicorn to avoid an IPO
X.Ai, a competitor to ChatGPT parent OpenAI, disclosed a large round of funding without the need to become a public company.MarketWatch - Dec. 6 -
Musk spent at least $250M to help elect Trump, filings show
Tech billionaire Elon Musk spent at least $250 million to help propel President-elect Trump back into the White House, the latest reports filed with the Federal Election Commission (FEC) show. ...The Hill - Dec. 6 -
This is the best-performing AI stock this year and it isn’t even close (and it’s not Nvidia)
This company may not have spent as much time in the spotlight as AI chip powerhouse Nvidia, but its stock has soared in 2024.MarketWatch - Dec. 6 -
Musk donated more than $250mn to Trump campaign, electoral filings show
Figures underscore lengths to which Tesla chief was prepared to go to secure victory in NovemberFinancial Times - Dec. 6 -
Nvidia Partner Ooredoo Eyes Data Center Acquisitions Amid AI Push, CEO Says
Qatari telecom group Ooredoo is on a hunt to acquire data centers because it can’t build them fast enough to house Nvidia’s latest-generation of artificial-intelligence chips, its chief executive ...The Wall Street Journal - Dec. 6 -
Take profits on hot IPOs and 'remain grounded' as market soars, Jim Cramer says
CNBC's Jim Cramer told investors not to get greedy and instead take profits in stocks that have run up substantially, including recent IPOs.CNBC - Dec. 6 -
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How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in Taxes
The chief executive of Nvidia, Jensen Huang, has taken advantage of popular loopholes in the federal estate and gift taxes, which have quietly been eviscerated.The New York Times - Dec. 5 -
Chipmaker Marvell's strong quarter is good news for these 3 portfolio stocks
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Dec. 4 -
South Korea opposition files motion to impeach President Yoon
The country faces an uncertain future after its leader Yoon Suk Yeol suddenly declared and then reversed martial law.BBC News - Dec. 4 -
Slurpee and an IPO, please: 7-Eleven parent Seven & I may list North American business, report says
Japan’s Seven & I Holdings Co., fending off a takeover bid, may list its North American 7-Eleven convenience stores in an initial public offering as part of a management-led takeover bid, according ...MarketWatch - Dec. 4 -
Nvidia Rules A.I. Chips, but Amazon and AMD Emerge as Contenders
Amazon, Advanced Micro Devices and several start-ups are beginning to offer credible alternatives to Nvidia’s chips, especially for a phase of A.I. development known as “inferencing.”The New York Times - Dec. 3 -
Intel shares slide as Gelsinger exit leaves chipmaker without a 'quick fix'
Intel shares fell 6% on Tuesday, a day after the chipmaker announced the ouster of CEO Pat Gelsinger.CNBC - Dec. 3 -
SpaceX’s $350 billion private valuation signals an IPO is off the table for now
Elon Musk’s space business is part of a trend of companies staying private, as its private-market valuation jumps by more than $100 billion with a proposed sale of shares.MarketWatch - Dec. 3 -
ServiceTitan’s planned IPO could come with a more than $5 billion valuation
The Glendale, Calif.-based company could raise up to $500 million in its initial public offering.MarketWatch - Dec. 3 -
Intel CEO Gelsinger Retires as Chipmaker Names Interim Co-CEOs
David Zinsner and Michelle Johnston Holthaus were named interim co-leaders after the boomerang executive, who returned to the company in 2021, left the top job.Inc. - Dec. 2 -
Despite Pops From Reddit and Astera Labs, the Sluggish IPO Market Dragged On in 2024
In going public, StubHub swung and missed, Reddit connected, but otherwise it was a whole lot of nothing.Inc. - Dec. 2
