Cerebras IPO has 'too much hair' as AI chipmaker tries to sell Wall Street on Nvidia alternative
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Top stories - CBS News
Dancing crossing guard brings rhythm to the streets of Brooklyn
For more than a decade, Brooklyn's beloved crossing guard "Star" has been directing traffic with style.4 hours ago -
Business - CNBC
Cerebras IPO has 'too much hair' as AI chipmaker tries to sell Wall Street on Nvidia alternative
Cerebras is playing in a huge market with insatiable investor demand, but its IPO prospectus is littered with red flags that complicate a potential debut.5 hours ago -
Business - CNBC
Wells Fargo shares jump after earnings top Wall Street expectations
The San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.5 hours ago -
Business - MarketWatch
After AMD’s AI event, this analyst says Nvidia’s stock is the better play
Despite underperformance for AMD shares this year and major outperformance for Nvidia shares, a Bernstein analyst said he’d rather get in front of the Blackwell launch than AMD’s latest announcements.5 hours ago -
Business - CNBC
Nvidia-backed CoreWeave gets $650 million credit line from top Wall Street banks
CoreWeave, an Nvidia-backed AI startup that rents out GPUs to companies, announced Friday that it has a new $650 million credit line to expand its business.7 hours ago -
Business - The New York Times
Wall Street Profits Surge Despite Questions About the Economy
JPMorgan Chase, Wells Fargo and BlackRock reported strong quarterly results to kick off earnings season, but concerns linger about the strength of the consumer.7 hours ago -
Business - MarketWatch
PepsiCo probably raised its prices too much, and now it’ll have to pay, analyst says
PepsiCo Inc. hiked its prices through the pandemic and the supply disruptions that followed, and now the beverage and snacks giant could have to reverse course with more discounts, TD Cowen ...20 hours ago -
Business - CNBC
AMD launches AI chip to rival Nvidia's Blackwell
Advanced generative AI such as OpenAI's ChatGPT requires massive data centers full of GPUs, which has created demand for more companies to provide AI chips.23 hours ago -
Business - MarketWatch
Nvidia’s stock has broken out, suggesting new record may be just the first step
The stock’s recent breakout from a multimonth bullish “pennant” chart pattern might have some on Wall Street targeting a rally above $170.Yesterday -
Business - MarketWatch
JPMorgan, Wells Fargo to kick off bank earnings parade as Wall Street weighs lower interest rates
JPMorgan Chase & Co. and Wells Fargo & Co. kick off third-quarter earnings season this coming Friday, as Wall Street looks for fresh clues on how lower interest rates may boost profits for big U.S. ...Yesterday -
Business - Inc.
This 23-Year-Old AI Entrepreneur Has a Brazen Plan to Eliminate Boring Jobs. Why It Might Work
Jaspar Carmichael-Jack, the CEO of Artisan, wants his “AI employees” to replace entry-level salespeople. Is this the tipping point?Yesterday -
Business - Financial Times
AMD rolls out new AI chip to rival Nvidia
Chief executive Lisa Su believes Silicon Valley group is closing the performance gap with its larger competitorYesterday -
Top stories - CBS News
How much will a $10,000 CD earn if opened this October?
A slight cut in interest rates hasn't diminished CD returns just yet. Here's what a $10,000 deposit could earn now.Yesterday -
Business - CNBC
Wall Street analysts downgrade Honeywell. We think they're making a mistake
JPMorgan cut the industrial name's rating to neutral from buy, citing concerns that its forthcoming materials spin-off appears dilutive.Yesterday -
Top stories - BBC News
Portugal tries to tempt under-35s with tax cuts
Luís Montenegro's centre-right government wants to dissuade young people from emigrating and encourage foreigners to settle in Portugal.Yesterday -
Business - MarketWatch
Where Nvidia ranks among fastest-growing AI companies. No, it’s not No. 1.
Others ranking high on a broad list of AI stocks include AMD and Micron.Yesterday -
Politics - The Hill
DeSantis rips Wall Street analysis over Milton assessment
Florida Gov. Ron DeSantis, discussing Hurricane Milton at a Thursday press conference, called out a Wall Street analyst who predicted the storm would cost the state $50 billion. The Republican was ...Yesterday -
Business - MarketWatch
Wall Street’s hottest trade of the summer is at risk of fizzling out
Utilities stocks have had an incredible run in 2024. But has Wall Street’s hottest trade of the summer come too far, too fast?Yesterday -
Tech - Wired
We Tried the World’s Most Expensive Wireless Speakers.
You could drop $40,000 on 200 Sonos speakers, or get a single pair of Focal's Utopia Diva. In this case, less is most definitely more.Yesterday -
Tech - Wired
Psychedelic Mushrooms Are Getting Much, Much Stronger
Cultivators are turning to genetic sequencing and cellular-manipulation techniques to breed highly potent mushrooms—leaving some unprepared psychonauts in distress.Yesterday -
Business - The Wall Street Journal
Unilever Sells Russia Business
The owner of Ben & Jerry’s ice cream, Sunsilk shampoo and Dove soap, has completed the sale of its Russian business to a local company.Yesterday - Russia -
Business - Financial Times
Unilever sells Russian business for €520mn
Local manufacturer Arnest had previously snapped up Russian assets of HeinekenYesterday - Russia -
Business - Financial Times
The ‘80-hour circuit breaker’: Wall Street banks tackle workloads of junior staff
Moves to cap weekly hours for entry-level bankers butt against reality of competitive industryYesterday -
Top stories - The New York Times
Some Who Fled North Carolina After Hurricane Helene Are in Milton’s Cross Hairs
“This dumb luck,” said one man who had just escaped the devastating post-Helene conditions in western North Carolina to stay at a friend’s house in Venice, Fla.Yesterday -
Tech - Wired
25 Best Amazon Prime Day Hair Tool Deals to Shop Right Now (2024)
Some of the hottest styling gadgets are on sale for Big Deal Days—these are the WIRED Gear team’s favorites.Yesterday -
Business - The New York Times
The Trump-Harris Election Is Creating Anxiety on Wall Street
Among deal makers with fortunes at stake, the consequences of a Harris or a Trump win are increasingly murky.2 days ago - Donald Trump -
Business - Financial Times
Jenrick vs Badenoch: meet the next Conservative leader
Elimination of James Cleverly from contest leaves Tory members with choice between two rightwingers2 days ago -
Business - The Wall Street Journal
Spain's Europastry Delays IPO Again Due to Market Instability
The family-owned company said it would continue to evaluate the possibility of listing its shares once the situation improves.2 days ago -