Latest in AI chipmaker Cerebras files for IPO to take on Nvidia
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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 -
Nvidia shares fall after China opens investigation over possible violation of antimonopoly law
Nvidia shares were under pressure after a Chinese regulator said it was investigating the chipmaker over possible violations of the country's antimonopoly law.CNBC - Dec. 9 -
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 -
China opens probe into Nvidia, accusing company of violating its anti-monopoly law
China on Monday accused U.S. chipmaker Nvidia of violating its anti-monopoly law, a move likely to escalate already-tense trade relations between the two countries as President-elect Donald Trump ...NBC 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 -
Treasury Department may fine small businesses $10,000 or more if they don't file this new report
The Corporate Transparency Act requires many businesses to file data about their "beneficial owners" by Jan. 1. But the rule is being challenged in court.CNBC - Dec. 9 -
Behind Vectra AI’s deliberate approach to building AI agents for cybersecurity
Unlike traditional security tools, Vectra uses AI agents to scrutinize encrypted and decrypted traffic metadata in a dynamic and holistic way.VentureBeat - Dec. 9 -
China launches antitrust probe into Nvidia
Move comes as tensions deepen between Washington and Beijing over development of AIFinancial Times - Dec. 9 -
Taking on the Tyranny of the Tech Bros
Coalitions between feminist movements, minorities, and labor activists will help keep the Silicon Valley moguls in check.Wired - 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 -
Super Micro gets Nasdaq listing extension, says it can file financials by February
Super Micro said it received a letter from Nasdaq informing the company of the extension to stay listed.CNBC - Dec. 6 -
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 long can Nvidia outrun the law of large numbers? Here’s some good news.
An analyst is encouraged by rumblings that Nvidia’s next-generation Rubin chip could be out earlier than expected in a boon to 2026 financials.MarketWatch - Dec. 5 -
Nvidia tangos with an activist hedge fund: An excerpt from Tae Kim's new book on the tech giant
Starboard Value's Jeff Smith knows his firm sold its Nvidia stake way too soon, Tae Kim writes in "The Nvidia Way: Jensen Huang and the Making of a Tech Giant."CNBC - Dec. 5 -
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 -
A New Benchmark for the Risks of AI
MLCommons provides benchmarks that test the abilities of AI systems. It wants to measure the bad side of AI next.Wired - Dec. 4 -
Activists file second impeachment complaint against embattled Philippine Vice President Duterte
A group led by left-wing activists has filed a second impeachment complaint against the Philippine vice president over her alleged misuse of government funds and demanded that she be permanently ...ABC News - 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 -
This bank’s outrageous predictions include the dollar tanking and Nvidia becoming twice the size of Apple
Denmark’s Saxo Bank annually produces their outrageous predictions -– which is their attempt to create unlikely-but-plausible forecasts, to spark discussion and challenge consensus.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
