Nvidia Nears Trillion Dollar Valuation on Rising Ai Demand
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Chip sector due a May bounce with Nvidia near ‘trough valuation,’ say Bank of America strategists
The big-tech trade is having a wobble. But chip stocks are due a rebound, say Bank of America strategists.MarketWatch - Business -
Nvidia supplier SK Hynix reverses losses in first quarter on explosive AI demand
This comes after SK Hynix posted net losses for five consecutive quarters from a slump in the memory chip market.CNBC - Business -
Nvidia to purchase Run:ai for $700M, further asserting its dominance in the AI stack
Nvidia plans to acquire Run:ai, a Kubernetes-based software provider that helps optimize AI apps and workloads on GPUs.VentureBeat - Tech -
How AI and EVs are boosting demand for copper
Copper prices have outperformed both gold and silver this year, as traders bet on growing, long-term needs for the industrial metal in artificial intelligence and electric vehicles.MarketWatch - Business -
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
AI startup Synthesia on Thursday announced the launch of its "Expressive Avatars," AI-generated digital avatars that can convey human emotions.CNBC - Business -
Meta's Advertising Business Keeps Rolling as AI Aspirations Rise
Meta Platforms on Wednesday reported record first-quarter sales, with a 27% increase versus the year prior.The Wall Street Journal - World -
Meta's Costs Rise Rapidly as Zuckerberg Vows to Keep Spending on AI Arms Race
Meta Platforms reported record first-quarter sales, building on AI momentum in its ad business, although investors soured on forecasts of rising costs.The Wall Street Journal - Tech -
Israel aid still dividing Democrats as vote nears
Politico - Politics - Israel -
Nvidia CEO Jensen Huang personally delivers first DGX H200 to OpenAI
Nvidia CEO Jensen Huang personally delivers the groundbreaking DGX H200 AI processor to OpenAI, heralding significant advancements in AI technology and research capabilities.VentureBeat - Tech -
Breaking barriers: The rise of women's weightlifting
From improved mental health to enhanced confidence, women are reaping the benefits of weightlifting.BBC News - Top stories -
The dire situation on America’s southern border
If Congress will not act, President Joe Biden may have to do soFinancial Times - World -
Pentagon rushes $1bn in weapons to Kyiv after Biden signs aid bill
US president says ‘we need to move fast’ as Ukrainian troops falter on front linesFinancial Times - Business - Joe Biden -
BHP proposes £31bn takeover of Anglo American in mining mega-deal
Combination would bring together two of the industry’s largest companies as copper demand soarsFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
UK veterinary deal with EU could boost agrifood exports by 22%, study finds
Since Brexit, food and drink industry has faced border checks on business with largest trading partnerFinancial Times - Business - United Kingdom -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
Zuckerberg defends Meta’s AI spending spree as shares tumble
Parent of Facebook and Instagram reports better than expected quarterly revenue but raises capex guidanceFinancial Times - Business -
The Soaring Dollar Has Put Yen Traders On High Alert
The yen weakened to nearly 156 per dollar, hitting its lowest level in almost 34 years and putting traders on alert for possible intervention.The Wall Street Journal - World -
Fortnite - Near The Snow Where People Bury Yummy Bones Location
Fortnite's latest Snapshot Quests, also known as story challenges, are live in the game, and a few of them are trickier than you may be used to as of late. If you need to know where to find the location referred to when Cerberus says he left a ...GameSpot - Tech -
Arizona house votes to repeal state’s near-total ban on abortion
Three Republicans join Democrats to support repeal of law first approved in 1864, with measure now heading to state senate. Lawmakers in the Arizona house have voted to repeal a controversial 1864 law banning nearly all abortions, amid mounting ...The Guardian - World - Abortion -
Arizona House advances effort to repeal 1864 near-total abortion ban
Arizona's House of Representatives on Wednesday advanced an effort to repeal the state's Civil War-era abortion ban that's set to go into effect June 8. CBS News campaign reporter Shawna Mizelle has the latest from Phoenix.CBS News - Top stories - Abortion -
April 24, 2024 - US university protests
Pro-Palestinian protests are taking place at major American universities, prompting some officials to take extraordinary steps to confront the growing crisis. Follow for live news updates.CNN - Top stories -
European commercial real estate deal making slumps to 13-year low
Seventh successive quarter of declining volumes dashes hopes for revival as high interest rates continue to biteFinancial Times - Business - Europe -
Is Britain suffering from a ‘sick note culture’?
Rishi Sunak has vowed to get people back to work but data indicates problems with the diagnosis — and proposed solutionFinancial Times - Business - United Kingdom -
It’s not only AI that hallucinates
Human memory is also fallible but people and machines can learn to complement each otherFinancial Times - Business -
10-year Treasury yield ends near highest levels of 2024 as Fed’s preferred inflation gauge looms
Yields on U.S. government debt finished slightly higher on Wednesday, with the benchmark 10-year rate close to 2024’s peak levels, as traders focused on the next major inflation update at the end of the week.MarketWatch - Business -
2024 PGA Championship odds: Scottie Scheffler favorite to continue grand slam pursuit, Rory McIlroy near top
Valhalla is set to host this year's PGA Championship, and the odds board has adjusted since the MastersCBS Sports - Sports -
Allergies can make you miserable. Here's how to track pollen levels near you
Allergy season is here, but it doesn't have to make you miserableABC News - Top stories -
New-car sales expected to tick higher as inventories, and deals, are on the rise
2024 is shaping up to be the best for new-car sales since 2019.MarketWatch - Business -
Speaker Johnson addresses rise of antisemitism on college campuses at Columbia: Watch live
House Speaker Mike Johnson (R-La.) will deliver public remarks during a visit to Columbia University Wednesday afternoon. Along with every Republican member of the New York congressional delegation, Johnson has also called for the resignation of ...The Hill - Politics -
Chipotle posts big earnings beat as diners shake off higher prices
The burrito chain said traffic increased 5.4% in its first quarter.CNBC - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Business -
Meta Says It Plans to Spend Billions More on A.I.
Along with the higher spending, the owner of Facebook, Instagram and WhatsApp projected lighter-than-expected revenue, causing its stock to plummet.The New York Times - Top stories -
Protesters arrested amid crackdown on pro-Palestine student rallies across US campuses
At least 34 arrested at University of Texas in Austin and 50 more detained at University of Southern California while House speaker jeered at Columbia University. Dozens of protesters were arrested on Wednesday while participating in pro-Palestine ...The Guardian - World -
Ford stock rises as EV losses are held in check and hybrid sales surge
Carmaker reports a better-than-expected quarter, and EV losses were around Wall Street expectations.MarketWatch - Business -
Nigeria’s naira rebounds sharply after bumper interest rate rises
After hitting record low against dollar, naira has become world’s best-performing currency in recent weeksFinancial Times - World -
Deutsche Bank shares up 7% after first-quarter profit beat, investment banking recovery
Deutsche Bank reported first-quarter earnings on Thursday.CNBC - Business -
Dassault Systemes Full Year on Target After Profit Rise
Dassault Systemes confirmed its full-year financial forecasts after posting a 5% increase in operating profits for the first three months.The Wall Street Journal - World