Nvidia Bleeds Billion
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CBS News - Top stories
Police bust $1 billion cocaine ring dubbed "The Commission"
In addition to the cocaine, detectives allegedly seized 10 cars, $800,000 in cash, a Rolex watch, four guns and two ballistic vests.1 hour 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.7 hours ago - China -
The Hill - Politics
Congress races to patch $3B Veterans Affairs shortfall
Lawmakers are moving quickly to pass emergency legislation to plug a roughly $3 billion shortfall facing the Department of Veterans Affairs (VA), as officials warn veterans' and survivors' benefits ...15 hours ago -
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 ...21 hours ago -
Inc. - Business
Startup Intuitive Machines Wins $4.8 Billion NASA Contract
To establish a permanent base on the Moon and explore its surface, NASA needs a 21st century communications infrastructure. It chose a small Houston, Texas-based commercial space company to do the ...21 hours ago - NASA -
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.21 hours ago -
MarketWatch - Business
Attractive Nvidia and Alphabet prices could be a stock-market October surprise. Here’s why.
Tech giants look cheap on an earnings-growth basis, while U.S. stocks overall can resist seasonal weakness.22 hours ago -
ABC News - Sports
Rogers Communications buys out Bell stake in Maple Leafs Sports for $3.5 billion
Rogers Communications Inc. is buying out Bell’s 37.5% share of Maple Leaf Sports & Entertainment for $3.5 billion22 hours ago -
CNBC - Business
Alaska closes $1.9 billion acquisition of Hawaiian Airlines after DOT blessing
The two airlines can begin the process of closing their $1.9 billion merger.22 hours ago -
CNBC - Business
Google wins court challenge to the EU's $1.7 billion antitrust fine over ad product
The European Union's second-highest court on Wednesday said a 1.5 billion euro ($1.7 billion) antitrust fine imposed on Google by regulators should be annulled.Yesterday - Google -
MarketWatch - Business
Nvidia’s stock picks up a new bull who says there’s ‘still room on this train’
A William Blair analyst cheers Nvidia’s moat and margins — while also weighing in positively on Broadcom and Arm shares.Yesterday -
MarketWatch - Business
Intuitive Machines’ stock soars, boosted by NASA contract worth up to $4.82 billion
Shares of Intuitive Machines Inc. were set to skyrocket Wednesday, lifted by the award of a NASA contract that could be worth up to $4.82 billion.Yesterday -
ABC News - World
Google wins an appeal against 1.5 billion euro antitrust penalty in a 2019 European Union digital ad case
Google wins an appeal against 1.5 billion euro antitrust penalty in a 2019 European Union digital ad caseYesterday - Google -
ABC News - World
Google wins legal bid to overturn 1.5 billion euro antitrust fine in digital ad case
Google has won a court challenge against a 1.49 billion euro European Union antitrust fine imposed five years ago that targeted its online advertising businessYesterday - Google -
The Hill - Politics
House passes bill to plug $3B VA budget shortfall
The House on Tuesday passed an emergency bill to address a roughly $3 billion budget shortfall facing the Department of Veterans Affairs (VA), as officials warn millions of veterans’ benefits are ...Yesterday -
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 -
The New York Times - Business
$50 Billion in Aid to Ukraine Stalls Over Legal Questions
U.S. and European officials are struggling to honor their pledge to use Russian assets to aid Ukraine.Yesterday - Ukraine -
VentureBeat - Tech
EA aims to double audience to over 1 billion in 5 years
Electronic Arts unveiled its EA Sports App for connected entertainment beyond gaming will begin testing this fall.Yesterday -
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 ...Yesterday -
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.Yesterday -
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 ...Yesterday -
The Wall Street Journal - World
'Pig-Butchering' Scams Cost Americans Billions. This Lawyer Is Taking Them On.
Prosecutor Erin West has been one of the few to have any success against the overseas criminal networks perpetrating a new type of fraud.2 days ago -
MarketWatch - Business
Pret a Manger’s U.S. expansion sees cafe chain’s sales hit $1.5 billion
The coffee seller said one quarter of its overall sales are now generated outside the U.K.2 days ago -
MarketWatch - Business
FanDuel owner Flutter Entertainment strikes $2.6 billion deal to buy Italy’s Snaitech
Flutter Entertainment has reached an agreement to acquire Playtech subsidiary Snaitech, in what will see the Irish company become Italy’s largest gambling business2 days ago -
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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 -
The Wall Street Journal - Business
Microsoft Boosts Dividend, Authorizes Buyback of Up to $60 Billion
Microsoft will raise its quarterly payout by about 11% and begin a new stock-buyback program.2 days ago - Microsoft