Axelera raises $68M to rival Nvidia with edge AI chips
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Financial Times - World
Samsung expects profits to surge on demand for AI chips
World’s largest memory chipmaker forecasts 15-fold rise in second-quarter figures -
VentureBeat - Tech
Gen AI’s impact on healthcare: Cutting-edge applications (and their challenges)
Generative AI is set to revolutionize healthcare. But it is fraught with many challenges, too. Experts discuss how we can bridge this gap. -
MarketWatch - Business
Why this fund manager trimmed his Nvidia position — and has a warning about AI
Ken Laudan of Buffalo Funds has changed his opinion about how long it will take for “AI adopters” to make the technology useful. -
The Wall Street Journal - World
Health Care Roundup: Market Talk
Find insight on Quest Diagnostics, jobs in health care, Roche, and more in the latest Market Talks covering the Health Care sector. -
The Wall Street Journal - World
Only China Can End the War in Ukraine, Finland's President Says
Finnish President Alexander Stubb urged Beijing to use its sway over Moscow while also calling on the U.S. to lower growing tensions with China.China -
The Wall Street Journal - World
U.K.'s Labour Party Wins Election Landslide as Conservative Vote Collapses
Center-left leader Keir Starmer became Britain’s new prime minister, while the ruling Conservative Party suffered the worst election performance in its 190-year history. -
The Wall Street Journal - World
Politicians Usually Moderate When in Power. Britain's Starmer Could Be Different.
Despite a plain-vanilla campaign, the U.K. Labour Party leader may have no choice but to swerve to the left once in office. -
The Wall Street Journal - World
Basic Materials Roundup: Market Talk
Read about Glencore, crude palm oil prices, Nickel Industries and more in the latest Market Talks covering Basic Materials. -
The Wall Street Journal - World
Nasdaq Rises After Jobs Report Keeps Rate Cuts in Play
The S&P 500 and Nasdaq Composite were poised to hit fresh closing peaks, after reaching new records ahead of the Fourth of July holiday. The Dow industrials were roughly flat. -
The Wall Street Journal - World
Treasury Yields Fall as U.S. Jobs Growth Slows A Bit
Treasury yields extended recent losses as U.S. jobs creation cooled while the unemployment rate ticked higher. -
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The Wall Street Journal - World
U.S. Natural Gas Futures Cede More Ground
U.S. natural gas futures extended their losing streak to eight sessions as higher U.S. production puts pressure on spot prices and near-term weather forecasts shed some cooling demand. -
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The Hill - Politics
Nvidia's bumpy road
Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story Nvidia's rapid rise hits 'bumps in the road' After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the ... -
Yahoo Sports - Sports
Rivals Five-Star: Recruiting Rumor Mill
JACKSONVILLE, Fla. – The Rivals Five-Star, the marquee high school football event of the summer, has arrived. On -
The Hill - Politics
New poll raises concerns for Biden
Welcome to The Hill's Campaign newsletter {beacon} Campaign Report Campaign Report The Big Story New poll raises concerns for Biden A much-anticipated New York Times/Siena College poll showing former President Trump has expanded his lead over ...Joe Biden -
The Hill - Politics
Nvidia's rapid rise hits 'bumps in the road'
After blowing past a $3 trillion market capitalization and briefly becoming the most valuable company in the world last month, Nvidia has lost and regained hundreds of billions of dollars in value in recent days. While the chipmaker’s volatility ... -
The Wall Street Journal - World
Investor Group Raises Macy's Buyout Offer, Again
Arkhouse Management and Brigade Capital Management want to acquire Macy’s shares they don’t already own for $24.80 each, or roughly $6.9 billion. -
VentureBeat - Tech
NodaFi raises $3.5M to become the ‘Salesforce for facility operations’
NodaFi secures $3.5M seed funding to transform facility management software, aiming to reclaim 1 billion work hours with AI-powered solutions in a rapidly growing $72B market. -
The Guardian - World
Democrats in disarray as Trump immunity ruling raises stakes
With democracy at a moment of maximum peril, millions were pinning their hopes on the Democratic party as a last wall of defence – but the debate changed that. “With fear for our democracy, I dissent.” So wrote supreme court justice Sonia ...Donald Trump -
Financial Times - Business
McKinsey prevails in racketeering case brought by turnaround rival Jay Alix
New York judge dismisses six-year old legal action accusing consulting firm of conflicts of interest in bankruptcy cases -
BBC News - Top stories
'Terrible football' but 'world-class players' - rival fans on England
England have reached the Euro 2024 quarter-finals but are yet to truly impress - so what do other countries' fans think? -
ABC News - Top stories
Parent company of Saks Fifth Avenue to buy rival Neiman Marcus
The parent company of Saks Fifth Avenue has signed a deal to buy upscale rival Neiman Marcus Group, which owns Neiman Marcus and Bergdorf Goodman stores, for $2.65 billion, with online behemoth Amazon holding a minority stake -
MarketWatch - Business
Nvidia is starting to act like its own asset class
Shares of Nvidia Corp. are growing increasingly disconnected from the average stock in the S&P 500, prompting one analyst to quip that the chip designer is starting to behave like its own asset class. -
MarketWatch - Business
What Nvidia investors can learn from the roaring 1920s and the radio bubble
Nvidia’s rise in the past two years shares some similarities with RCA’s in the bull run of late 1920s, representing an emerging hot technology, but one that also faced many questions. -
MarketWatch - Business
Nvidia’s stock gets a downgrade as AMD, TSMC shares are deemed top plays
New Street Research sees reason for “a more prudent view” on Nvidia’s stock. -
The Wall Street Journal - World
Metal Prices Mixed; Gold Slips Slightly But Base Metals Rise
Base metals prices were higher while gold futures ticked lower but broadly holding ground, supported by rising jobless claims, which weighed on investor belief in a still-hot U.S. labor market, SP Angel said. -
CNBC - Business
GlobalFoundries races to find semiconductor talent as demand for chips soars
GlobalFoundries and other semiconductor companies are looking for workers as demand for chips soars, spurred by CHIPS Act funding and artificial intelligence. -
The New York Times - Tech
A Hacker Stole OpenAI Secrets, Raising Fears That China Could, Too
A security breach at the maker of ChatGPT last year revealed internal discussions among researchers and other employees, but not the code behind OpenAI’s systems.China -
The Wall Street Journal - World
J2 Ventures Raises $150 Million to Finance 'Dual Use' Technologies
J2 Ventures has raised $150 million for its second venture fund, bolstering its strategy of backing startups and helping them secure capital through government grants and contracts. -
CBS News - Top stories
Hiring in the U.S. slowed in June, raising hopes for interest rate cuts
Employers added 206,000 jobs last month and the unemployment rate edged higher to 4.1%. -
The Guardian - World
Israel-Hamas talks to resume, raising hopes of a Gaza ceasefire
Netanyahu sends intelligence chief to Qatar to study Hamas proposal, while Hezbollah says it would also stop attacks if hostilities paused. Hopes for a ceasefire in Gaza and de-escalation on the boundary between Israel and Lebanon were raised on ...Israel -
The New York Times - Top stories
Some of Biden’s Upcoming Fund-Raising Events Face New Uncertainty
Plans for a late July fund-raiser in Wisconsin are now off, and it’s unclear whether another event in Texas will proceed, following President Biden’s disastrous debate performance.Joe Biden -
Wired - Tech
AI Is Rewriting Meme History
TikTok’s latest trend involves videos of people traveling back in time to interrupt the viral memes of yore. The results are uncanny.Artificial Intelligence -
GameSpot - Tech
Marvel Rivals Trailer Shows Just How Much Of A Sticky Menace Spider-Man Really Is
Marvel Rivals developer NetEase has shown off a new trailer for its upcoming PvP shooter game, teasing more of Spider-Man's unique offense. Swinging into action to face off against fellow heroes and villains in the Timestream Entanglement crisis, ... -
MarketWatch - Business
Nvidia client Northern Data’s stock cools after spike on report of possible U.S. IPO
Shares of Germany’s Northern Data fell 8% on Wednesday, one day after a surge on a report it may list its cloud computing and data center business in the U.S. -
MarketWatch - Business
Retail investors have reached peak bullishness for Nvidia, these analyst say. Here’s where they may go next.
While Nvidia remains a top investment for many who believe the artificial intelligence story is here to stay, retail investors have likely hit “peak” bullishness. -
CNBC - Business
Ford sales edge 1% higher in the second quarter, led by trucks
Ford truck sales of 308,920 vehicles marked the company's best second-quarter performance for the vehicle category since 2019. -
The Guardian - World
England edge out New Zealand to complete ODI series whitewash
England, 212-5, beat New Zealand, 211-8, by five wicketsLauren Bell takes five scalps as England seal 3-0 winLauren Bell took her first five-wicket haul in any form of senior cricket as England wrapped up a narrow one-day international whitewash ...New Zealand -
The Guardian - World
Tour de France: Cavendish isolated as Groenewegen edges to stage six win
Mark Cavendish blocked out in final stages of sprintCrash takes down several EF Education EasyPost ridersThe euphoria of Mark Cavendish’s record-breaking stage win on Wednesday’s fifth of the Tour de France proved short-lived, as 24 hours later ...