Nvidia Approaches $1 Trillion Valuation As Stock Jumps
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The wealth of the 1% just hit a record $44 trillion
Economists say the rising stock market is giving an added boost to consumer spending through what is known as the "wealth effect."CNBC - Business -
Nvidia has a parade of partners, but these two stocks are my favorite beneficiaries
Jim Cramer reflects on Nvidia's GTC conference and identifies the companies that stand to gain the most through partnerships with the AI chip giant.CNBC - Business -
Krispy Kreme Stock Jumps After Expanding Partnership With McDonald's
Shares of Krispy Kreme surged after the donut maker said it has reached a deal to sell its donuts at McDonald’s restaurants across the U.S.The Wall Street Journal - World -
Krispy Kreme Stock Jumps After Expanding Partnership With McDonald's
The fast-food chain said it will start rolling out the doughnuts in the second half of this year.The Wall Street Journal - Business -
Viking Therapeutics stock jumps more than 15% on promising weight loss pill data
The Viking study results add to the growing excitement around the biotech company and its potential in the budding weight loss market.CNBC - Business -
Trump Media stock jumps as much as 50% after DJT ticker debut
Donald Trump last used the DJT stock ticker for a casino and hotel operator. He is hoping his social media company does better than the last firm did.CNBC - Business - Donald Trump -
Robinhood’s stock jumps after company launches first credit card
The Robinhood Gold Card is aimed at Robinhood Gold members — a subscription product offering premium services for a fee — and has no annual fee or transaction fees, but comes with a 3% cash back on all categories.MarketWatch - Business -
Estee Lauder jumps 5% on an analyst upgrade — our take on the cosmetics stock
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.CNBC - Business -
DWAC’s stock surge gives a $1 billion boost to the value of Trump’s stake
The Digital World blank-check company has officially changed its name to Trump Media & Technology Group. It begins trading Tuesday with the former president’s initials as its ticker symbol.MarketWatch - Business -
Rent the Runway Plans 1-for-20 Stock Split to Keep Nasdaq Listing
The reverse stock split comes about five months after it received a Nasdaq notification that the company had until April 17 to regain compliance with the index’s listing rules.The Wall Street Journal - World -
Rent the Runway Approved 1-for-20 Stock Split to Keep Nasdaq Listing
The reverse stock split comes about five months after it received a Nasdaq notification that the company had until April 17 to regain compliance with the index’s listing rules.The Wall Street Journal - Business -
DWAC stock jumps 35% on Trump’s reduced bond, post-merger ticker news
A potential windfall from selling shares could help pay for Trump's legal bills and his damage judgments of over $500 million in three separate cases.CNBC - Business - Donald Trump -
Trump's net worth reportedly soars to $6.5 billion after media company stock jumps
Trump's social media company completed a merger, and a NY appeals court lowered the amount of cash he needs to pause a $454 million civil fraud penalty.CNBC - Business - Donald Trump -
Deadline for Trump's bond approaching
Former President Trump must post nearly half a billion dollars by Monday if he wants to appeal the outcome of his New York civil fraud trial. Trump insists he has the money, but is using a "substantial amount" for his presidential campaign. ...CBS News - Top stories - Donald Trump -
BYD's Rise Challenges Tesla---and Its Valuation
BYD and Tesla have a lot in common these days—except in terms of market value, where the U.S. company is roughly seven times as big.The Wall Street Journal - World -
Palantir’s ‘egregiously rich valuation’ draws downgrade to sell
Monness Crespi Hardt analyst cuts AI technology company’s rating to bring it ‘back to reality’MarketWatch - Business -
UK has 'robust' approach to China, Sunak insists
The prime minister was defending the government's position a day after his MPs accused Beijing of "malicious" cyber campaigns.BBC News - Top stories - United Kingdom -
UK approach to China is 'robust', Sunak says
It comes after some MPs criticised the response to cyber-attacks blamed on Beijing-linked hackers.BBC News - Top stories - United Kingdom -
As Easter Approaches Egg Prices Remain Exceptionally High
Bird flu, weather and inflation conspire to make consumers shell out more for a basic foodstuff.Inc. - Business -
Learning from Greg Abbott's socialist approach to immigration
As we approach the second anniversary of Greg Abbott’s busing program, it is worth adopting a federal policy that incorporates the benefits of Abbott’s socialist vision, while abandoning its shortcomings.The Hill - Politics -
‘We are all unwell’: a scholar’s radical approach to health
Mimi Khúc discusses the concept of unwellness and how it is shaped by the structures around us in a new book, dear elia. Mimi Khúc began thinking about “unwellness”, or the idea that we all struggle to be “well”, more than a decade ago. At the ...The Guardian - World -
Nvidia Partner Plans $4 Billion Investment in Indiana
The South Korean memory chip maker is expected to build an advanced-packaging facility in West Lafayette, creating up to 1,000 jobs.The Wall Street Journal - Tech -
The $27 Trillion Treasury Market Is Only Getting Bigger
More debt, different buyers and increased regulation pose challenges.The Wall Street Journal - World -
Biden signs the $1.2 trillion government funding bill
The U.S. entered a partial government shutdown after Congress failed to pass funding legislation in time.NBC News - Politics - Joe Biden -
Will Xi’s manufacturing plan be enough to rescue China’s economy?
The president has won praise for ending a credit boom, but trading partners now fear a flood of cheap exportsFinancial Times - Business - China -
Bain Capital promotes top dealmaker to co-managing partner
David Gross appointed to jointly lead the private equity group from AprilFinancial Times - Business -
Lofty Valuation Carries Trump’s Social Media Company Into First Trading Day
Trump Media & Technology Group, fresh from a merger with a cash-rich shell company, is set to trade Tuesday on the Nasdaq, adding billions of dollars to the former president’s wealth.The New York Times - Top stories -
Small investors power Trump Media’s market valuation above $13bn
Heavy trading in company behind Truth Social fuels talk of a new cycle of ‘meme stock mania’Financial Times - Business - Donald Trump -
Amgen wants in on the booming weight loss drug market — and it's taking a different approach
Amgen is testing a monthly injection that works differently and appears to help patients maintain their weight loss even after they stop taking it.CNBC - Business -
Meet the Tech Company That Had a Better Year Than Nvidia
Super Micro Computer has gone from an obscure server maker to a $60 billion company set to join the S&P 500 Monday.The Wall Street Journal - Tech -
CIOs share how they are harnessing gen AI’s potential at Nvidia GTC
From detecting anomalies in security logs to improving developer productivity through automation of code migrations, CIOs and IT leaders shared how they're harnessing gen AI's potential across a broad base of use cases to achieve productivity gains.VentureBeat - Tech -
Nvidia unveils Latte3D to instantly generate 3D shapes from text
Nvidia unveiled Latte3D to use generative AI to instantly generate 3D shapes from text.VentureBeat - Tech -
Nvidia's AI ambitions in medicine and health care are becoming clear
Applying Nvidia AI chips to health care, whether it's biotechnology, chemicals, or drug discovery is going to be a big business.CNBC - Business -
You Too Can Innovate Like Nvidia's Jensen Huang
Here are the top three leadership lessons from the Most Innovative Companies of 2024.Inc. - Business -
Pure Storage, Nvidia partner to democratize AI with new infrastructure solutions
Pure Storage and Nvidia collaborate to deliver validated AI infrastructure solutions, empowering enterprises with high-performance data storage and compute capabilities for successful AI deployments at scale.VentureBeat - Tech -
Competitors Plot to Break Nvidia's Grip on AI by Targeting Software
Qualcomm, Google and Intel join a group trying to provide alternative AI software that won't require Nvidia chips.Inc. - Business -
Biden signs $1.2 trillion spending package for government funding until October
The Senate passed the budget in a 74-24 vote at roughly 2 a.m. Saturday morning.CNBC - Business - Joe Biden -
Biden signs $1.2 trillion government funding package, averting partial shutdown
The Senate passed the $1.2 trillion government funding bills early Saturday in a 74-24 vote.ABC News - Top stories - Joe Biden -
Biden signs $1.2 trillion spending package to keep government open
President Biden on Saturday signed a $1.2 trillion government funding bill to stave off a government shutdown, capping a frenetic sprint by lawmakers to pass the final batch of appropriations measures. Biden praised the measure as a compromise, ...The Hill - Politics - Joe Biden -
Biden signs $1.2 trillion spending package, averting shutdown
The package fully funds the government through September 2024.CBS News - Politics - Joe Biden