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Nvidia Rebound Drives Nasdaq Higher
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MarketWatch - Business
Nvidia’s rebound from its correction only makes the stock more dangerous to buy
Semiconductor stocks are bubbling and could lose 40% of their value. -
The Wall Street Journal - World
Comex Gold, Silver Settle Higher
Gold settled 0.1% higher Friday, and silver rose 1.1%. Both metals posted gains for the quarter. -
MarketWatch - Business
Chicago PMI rebounds in June but remains in contraction territory for seventh straight month
The Chicago Business Barometer, also known as the Chicago PMI, rebounded to 47.4 in June from a postpandemic low of 35.4 in the prior month. While still in contraction territory, the June reading is the highest since November. -
Financial Times - World
The US economy is benefiting from the higher-pressure effect
The evidence for the effects of so-called reverse hysteresis are mounting -
VentureBeat - Tech
Axelera raises $68M to rival Nvidia with edge AI chips
Axelera says its flagship edge AI platform, Metis, can deliver up to a five-fold increase in efficiency and performance for enterprises. -
MarketWatch - Business
Super Micro and Nvidia lead the S&P 500 this year. These stocks follow.
A list of 20 standout stocks during the first half of 2024 includes names riding the AI wave, but also a few surprises. -
Financial Times - Business
Nvidia partner Lambda Labs seeks $800mn as AI computing demand soars
Silicon Valley start-up that rents out servers powered by chip giant seeks to capitalise on investor interest -
MarketWatch - Business
11 favored semiconductor stocks expected to outperform Nvidia over the next year
Nvidia Corp. dominates coverage of the semiconductor industry, but there are other semiconductor manufacturers that are also growing quickly during this upcycle for the industry. -
The Wall Street Journal - Tech
SoftBank Chief Rues Selling Nvidia Stake and Missing Out on $150 Billion
Masayoshi Son calls the 2019 sale of a stake in the chip maker, a company now valued at over $3.2 trillion, “the fish that got away.” -
ABC News - Sports
Raleigh drives in winning run and Mariners beat Twins 3-2
Cal Raleigh drove in the winning run with a walk-off fielder’s choice in the 10th inning and the Seattle Mariners beat the Minnesota Twins 3-2MLB
More from The Wall Street Journal
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The Wall Street Journal - World
Far Right Looms as France Kicks Off Parliamentary Elections
Polls show President Emmanuel Macron’s party trailing in a vote he triggered to confront Marine Le Pen’s ascendant National Rally. -
The Wall Street Journal - World
How Iran Defied the U.S. to Become an International Power
Iran’s presidential elections are set for a runoff. The winner will inherit a weakened economy and domestic discord, but also a strength—more sway on the international stage than in decades.Iran -
The Wall Street Journal - World
Even a Slowly Cooling Labor Market Often Ends With a Recession
The job market rarely rebalances painlessly. The Fed hopes this time is different. -
The Wall Street Journal - World
Biden Tries to Quell Donor Panic at New York Fundraisers
Some large-dollar supporters doubt that the president, at 81, can win the election if he stays on the ticket.Joe Biden -
The Wall Street Journal - World
China's Manufacturing Sector Stays in Contraction for Second Straight Month
The data underscored the difficulties the world’s second largest economy faced after Beijing’s efforts to resuscitate its property sector.China