NVIDIA Financial News
13.07 / 13:36
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The U.S. needs more of this obscure metal — and China owns 80% of its supply chain
BEIJING — China dominates the supply chain for many of the world's critical minerals, but so far it's held off on sweeping restrictions on at least one: tungsten.
13.07 / 12:59
NVIDIA
MSCI
Profiles
Terry Smith: Nvidia is too unpredictable for Fundsmith to invest in
Writing to shareholders in his semi-annual letter, Smith outlined the fund's return profile for the opening half of the year. Fundsmith Equity made a 9.3% total return between 1 January and 30 June 2024, which Smith said would «normally be cause for celebration», especially as the fund outperformed bonds — when using the Bloomberg Series-E UK Govt 5-10 Year Bond index as a proxy comparison (-2.2%) and holding cash at a 2.6% interest rate. However, on this occasion, Fundsmith's returns underperformed the MSCI benchmark. The MSCI World index made 12.7% over the six-month period, whic...
13.07 / 12:40
Provident
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social
information
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Schools
Musk's xAI, Oracle end talks on $10 billion server deal: report
Elon Musk's artificial intelligence startup xAI and tech giant Oracle have ended talks on a potential $10 billion server deal, The Information reported on Tuesday. The startup and Oracle have ended talks to expand an existing arrangement under which xAI has been renting Nvidia's AI chips from the cloud provider, the report said, citing several people involved in the talks.
13.07 / 12:02
COST
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India can become intelligence capital of the world: Nvidia South Asia MD
intelligence capital of the world powered by accelerated computing and its skilled manpower, said Vishal Dhupar, managing director for South Asia at Nvidia. The global AI chip giant aims to help bring the required AI infrastructure to the country enabling it to build AI in a sovereign manner, which could even make India a net exporter of intelligence rather than an importer, Dhupar said.
13.07 / 10:28
markets
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Manufacturing
Apple
Tesla
NVIDIA
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AI boom reshapes Wall Street as TSMC joins trillion-dollar club
chip giant TSMC into the elite club of the world's most valuable companies is further proof that the generative AI revolution is shaking up Wall Street. TSMC, listed in both Taiwan and New York, briefly broke the one trillion dollar market capitalization barrier on Monday, putting it ahead of Tesla as the seventh most valuable technology giant on the stock market.
13.07 / 06:32
markets
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Matthews
NVIDIA
Trade
performer
Wall Street Week Ahead: Expected US rate cuts have investors looking beyond big tech
Big Tech stocks that have driven returns for more than a year or turn to less-loved areas of the market that could benefit from easing monetary policy. Owning massive tech and growth companies such as Nvidia, Microsoft and Amazon has been a hugely profitable strategy for investors since early 2023, even as the stocks' market dominance has drawn comparisons to the dot-com bubble of the late 1990s.
13.07 / 06:10
13.07 / 06:05
markets
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Asian stocks
Asian stocks echo US rally ahead of inflation data: Markets wrap
tech stocks lifted US and global shares to new highs ahead of inflation data due later Thursday. Equities in Japan and Australia and futures for Hong Kong stocks all rose, echoing the bullish pulse on Wall Street on Wednesday that led the S&P 500 and Nasdaq 100 each more than 1% higher to records. The S&P 500 has advanced in each of the past seven sessions, its longest winning streak since November, helping propel a gauge of global equities to a record.
13.07 / 03:33
Apple
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‘Big Short’ investor Steve Eisman says you have to own big tech
Neuberger Berman Group's Steve Eisman expects the outsized strength in US megacap technology shares will «last for years,» as artificial intelligence becomes more accessible to consumers via electronic devices. People will want new AI apps on cellphones and personal computers, spurring the «biggest refresh cycle in history» as they purchase upgraded gadgets, he told Bloomberg Television in an interview on Thursday.
13.07 / 03:31
UPS
Entertainment
NVIDIA
Nano
performer
track
Features
Best gadgets to upgrade your everyday tasks: Choose from top 10 must have laptops, smartwatches, and headphones
Reasons to BuyReasons to AvoidASUS Vivobook 15 comes with a large 15.6 inches FHD display with nano edge tech that makes the display fees like floating. This thin and light laptop weighs 1.5 Kg and packs a 47 Wh battery that can easily lasts more than 6 hours of usage.
13.07 / 01:16
markets
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Strategy
Analysis
NVIDIA
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FOMO in overdrive as stock market concentration hits all-time high
We’re witnessing something in today’s markets that has never happened before. Just 10 stocks make up 34 per cent of the S&P 500 index, beating the previous market concentration high of 33 per cent in 1963. These same 10 companies have now contributed to three quarters of the index’s return so far this year, with just one stock — Nvidia Corp. — accounting for nearly 38 per cent of the gains.
12.07 / 22:27
Platform
coinbase
MicroStrategy
NVIDIA
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Bitcoin
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Stocks making the biggest moves midday: Macy's, MicroStrategy, Coinbase, Nvidia and more
Check out the companies making headlines in midday trading:
12.07 / 20:59
UPS
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NVIDIA
students
AMD
performer
Features
Best Acer laptops to buy in 2024: Top 9 options with cutting-edge technology for every need and budget
Reasons to buyReasons to avoidThe Acer Aspire 3 Premium is a step up from the standard model, offering enhanced performance and features. Its Intel Core i3 processor and premium design make it a great choice for users looking for a reliable and stylish laptop for everyday use.Reasons to buyReasons to avoidThe Acer Aspire 5 is a powerful laptop designed for productivity and entertainment.
12.07 / 20:09
Provident
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AMD
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Features
Amazon Prime Day Sale 2024: Pre-deals on gaming laptops, enjoy up to 41% off on top 8 laptop picks
Reasons to buyReasons to avoidThe Lenovo LOQ 12th Gen Intel Core i5-12450HX Gaming Laptop is a standout in the Amazon Prime Day Sale 2024 pre-deals. Featuring a 39.6cm FHD display with a 144Hz refresh rate, it ensures a smooth gaming experience. It is also equipped with 16GB RAM, 512GB SSD, and 6GB RTX 3050 graphics, allowing to deliver excellent performance as a gaming laptop.
12.07 / 19:18
NVIDIA
Technology focused funds dominate investors interests in June
Kyle Caldwell, funds and investment education editor, said the latest comeback in technology was bolstered by the growing excitement around the potential of artificial intelligence, which last month saw Nvidia become the world's most valuable company, overtaking Microsoft. Victoria Scholar, head of investment, noted that Nvidia's popularity came as the stock's selloff in the period which saw its shares land in correction territory — when a stock declines more than 10% or greater in the price. As a result of extensive investments in the AI sphere, on the side of investment vehicles, t...
12.07 / 18:33
markets
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S&P 500 reaches all-time high as big tech rallies over Powell testimony
A rally in the world’s largest technology companies sent stocks to all-time highs, with Jerome Powell’s remarks to Congress not doing much to dissuade traders from betting on Federal Reserve rate cuts this year.
12.07 / 16:04
12.07 / 15:44
UPS
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NVIDIA
students
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blues
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Amazon deals on laptops and monitors: Power up your productivity with discounts on laptops and monitors
Reasons to BuyReasons to AvoidThe Dell G15-5530 Gaming Laptop is designed for gamers and power users, featuring a 13th Generation Intel Core i5-13450HX processor, 16GB of DDR5 RAM, and a 512GB SSD for fast performance. Its NVIDIA RTX 3050 graphics card with 6GB GDDR6 ensures smooth gameplay on its 15.6 inch FHD display with a 120Hz refresh rate.
12.07 / 15:24
12.07 / 15:12
UPS
Manufacturing
Sustainability
NVIDIA
reports
Nvidia leads Nasdaq and S&P 500 to record high closes
Nasdaq and S&P 500 rallied to record high closes on Wednesday, fueled by gains in Nvidia and other Wall Street heavyweights ahead of inflation data and quarterly earnings reports due this week. It was the Nasdaq's seventh straight record-high close and the S&P 500's sixth straight. The S&P 500 crossed 5,600 for the first time after Federal Reserve Chair Jerome Powell stoked expectations for an interest-rate cut in September.
12.07 / 13:55
Provident
security
NVIDIA
students
performer
innovations
Features
Best ASUS laptops for 2024: Top 9 picks that provide cutting-edge performance and innovation for every need
Reasons to buyReasons to avoidThe ASUS Vivobook IntelCore with Fingerprint sensor is a reliable and efficient laptop that offers secure biometric login and fast performance. Its slim and lightweight design makes it a great choice for on-the-go users.Reasons to buyReasons to avoidThe ASUS Vivobook with Integrated Fingerprint sensor is a budget-friendly laptop with reliable performance and enhanced security features.
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