Nvidia reports 122% revenue growth on surging demand for data center chips
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MarketWatch - Business
Nvidia’s stock is surging. Here’s how it tends to perform after interest-rate cuts.
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.3 hours ago -
MarketWatch - Business
Mobileye’s stock surges as Intel gives this reassuring sign
Mobileye and Intel shares have both been under heavy pressure this year, but Intel says it has no current plans to sell its majority stake, as some had feared.6 hours ago -
MarketWatch - Business
Philadelphia Fed’s factory gauge moves back into growth territory in September
The Philadelphia Federal Reserve Bank said Thursday its gauge of regional business activity rose to 1.7 in September from negative 7 in the prior month.6 hours ago -
MarketWatch - Business
Intel’s stock ranks dead last in the chip sector by this measure
These 10 semiconductor companies are least favored by analysts.8 hours ago -
CNBC - Business
China would love a domestic Nvidia rival — but that's proving quite the challenge
Chinese firms face a number of challenges in trying to rival Nvidia including contending with U.S. export restrictions and a lack of tech expertise.13 hours ago - China -
CNBC - Business
University of Tennessee to raise season ticket prices 10% in anticipation of revenue sharing
Tennessee athletics will raise season ticket prices across all its sports by 10%.Yesterday -
MarketWatch - Business
HELOC demand from homeowners surges ahead of Fed interest-rate cut
Mortgage lenders are reporting an uptick in interest from homeowners looking for ways to extract equity from their houses through home-equity lines of credit as mortgage rates are poised to fall.Yesterday - Federal Reserve -
NBC News - Top stories
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft and BlackRock are part of a group of companies collaborating to pull together up to $100 billion to develop data centers for artificial intelligence and the energy infrastructure to power ...Yesterday -
NBC News - Top stories
Weekly mortgage demand surges 14% as interest rates hit two-year low
Mortgage rates came down again last week, and with the expectation that they could fall further, mortgage demand suddenly jumped, especially for refinancing.Yesterday - Mortgage -
CNBC - Business
Jim Cramer says Salesforce's collaboration with Nvidia should not be overlooked
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Yesterday -
VentureBeat - Tech
SiFive unveils RISC-V chip design for high-performance AI workloads
SiFive, a designer of chips based on the RISC-V computing platform, announced a series of new AI chips for high-performance AI workloads.Yesterday -
ESPN - Sports
Sources: ACC, Clemson, FSU renew revenue talks
Talks between Clemson, Florida State and the ACC have ramped up in recent weeks, sources told ESPN, on a revenue distribution model based on brand valuation and television ratings in exchange for ...Yesterday -
BBC News - Top stories
Party over for Tupperware as it files for bankruptcy
The US company says it will ask for court permission to start a sale process of the business.Yesterday -
CNBC - Business
Weekly mortgage demand surges 14% higher as interest rates hit two-year low
Mortgage rates don't follow the Fed exactly, but they are influenced by policy and could move on Wednesday's news.Yesterday - Mortgage -
CNBC - Business
Microsoft, BlackRock form group to raise $100 billion to invest in AI data centers and power
Microsoft, BlackRock and Abu Dhabi's investment vehicle are aiming to initially raise $30 billion to invest in AI data centers and the energy to power them.Yesterday -
The Wall Street Journal - Business
Salesforce Taps Nvidia to Develop AI-Powered Avatars
The San Francisco companies said the collaboration will develop autonomous-agent and interactive-avatar experiences.Yesterday -
ABC News - Tech
Google says it will rethink its plans for a big data center in Chile over water worries
Google says it will halt plans to develop a major $200 million data center in Chile to address environmental concerns2 days ago - Google -
CNBC - Business
FanDuel parent Flutter looks for international growth with big acquisitions in Italy, Brazil
Flutter is making acquisitions in Italy and Brazil as the British parent company of FanDuel looks to international markets for growth.2 days ago -
Inc. - Business
Pentagon to Manage Intel's Latest $3 Billion Grant Under CHIPS Act
As foreign rivals leave the marquee chip maker behind, Intel gets a boost from the government, which wants to keep some semiconductor manufacturing securely and reliably based in the U.S., with ...2 days ago -
MarketWatch - Business
Nvidia’s stock has room to run, but analysts see more upside for six other chip makers
Analysts predict Micron’s stock could nearly double from here, while Marvell and AMD are other favored plays.2 days ago -
GameSpot - Tech
Nvidia CEO Says AI Now Essential for Graphics
Nvidia CEO Jensen Huang has stated that artificial intelligence has become indispensable to modern computer graphics, signaling a major shift in how visual technologies are built. Speaking at the ...2 days ago -
The Wall Street Journal - Business
Universal Music Looks to Subscriptions, Superfans for Fresh Growth
The world’s largest music company laid out a vision to drive revenue growth through 2028.2 days ago -
ABC News - Tech
Intel stock surges on plans to make AI chips for Amazon and to turn foundry into subsidiary
Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it attempts to ...2 days ago -
Financial Times - Business
Microsoft wants more ‘clarity’ over AI chip curbs to Middle East
Tech giant creates new AI institutes with UAE’s G42 as it awaits decision to lift US controls on chip shipments2 days ago - Microsoft -
Inc. - Business
Why Company Growth Rate Equals Career Opportunity Rate
Your company's growth rate is a valuable talent retention tool.2 days ago -
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Financial Times - Business
Treasury ‘saying no to everything’ will hit growth, warns Burnham
Manchester mayor says powerful finance ministry has to fundamentally change way it thinks2 days ago -
CNBC - Business
China's ultra-rich population sees 'dramatic' growth in last 10 years, outpacing the U.S., report shows
The world's super rich club saw a significant expansion over the past 10 years, with China leading the charge, a report by Henley & Partners showed.2 days ago - China -
Financial Times - Business
Pret A Manger’s global sales surge above £1bn
UK sandwich chain expands in aggressive international sales drive2 days ago -
CNBC - Business
China seeks a homegrown alternative to Nvidia — these are some of the companies to watch
Some of China's giants inclduing Huawei, Alibaba and Baidu are among those trying to create alternative semiconductor tech to Nvidia.2 days ago - China -
Financial Times - World
Starmer insists Budget will not contain measures that stifle growth
City fears grow that PM will plug fiscal hole with tax rise on business2 days ago -
Financial Times - World
Rachel Reeves must show that she’s serious about boosting growth
The UK chancellor should take some hard decisions on employment, productivity and investment2 days ago -
Financial Times - World
US and Japan near deal to curb chip technology exports to China
Potential agreement comes despite fears Beijing will choke critical minerals supplies in response2 days ago - China -
CBS News - Top stories
Violent threats surge in Springfield, Ohio, after Trump, Vance false claims
The town of Springfield, Ohio, has been on edge ever since former President Donald Trump's baseless debate comments that Haitian immigrants there are eating pets. CBS News congressional ...2 days ago - Donald Trump