ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via EmailEli Horton, TCW senior portfolio manager, joins ‘Fast Money’ to talk where he is seeing investing opportunities in this market.06:11Mon, Aug 18 20255:31 PM EDT Source link
Author: usaeverydaylife
Nvidia is developing a new AI chip for China based on its latest Blackwell architecture that will be more powerful than the H20 model it is currently allowed to sell there, two people briefed on the matter said.U.S. President Donald Trump last week opened the door to the possibility of more advanced Nvidia chips being sold in China. But the sources noted U.S. regulatory approval is far from guaranteed amid deep-seated fears in Washington about giving China too much access to U.S. artificial intelligence technology.The new chip, tentatively known as the B30A, will use a single-die design that is likely to deliver half the raw computing power of the more sophisticated dual-die configuration in Nvidia’s flagship B300 accelerator card, the sources said.A single-die…
Jonathan Raa | Nurphoto | Getty ImagesShein is considering moving its headquarters back to China from Singapore in a bid to convince Beijing authorities to approve the online fast-fashion company’s Hong Kong initial public offering, according to a Bloomberg report on Tuesday. The report said that Shein had gone so far as to consult lawyers about setting up a parent company in mainland China, citing people familiar with the matter. However, it added that there was no guarantee that Shein would act upon the preliminary discussions.Shein, which sources a significant amount of its goods from China, confidentially filed for an initial…
Sam Altman, CEO of OpenAI, speaks during the Federal Reserve Integrated Review of the Capital Framework for Large Banks Conference in Washington, D.C, U.S., on July 22, 2025.Al Drago | Bloomberg | Getty Images There’s a bubble forming in the artificial intelligence industry, according to OpenAI CEO Sam Altman.”Are we in a phase where investors as a whole are overexcited about AI? My opinion is yes. Is AI the most important thing to happen in a very long time? My opinion is also yes,” Altman said.”I’m sure someone’s gonna write some sensational headline about that. I wish you wouldn’t, but…
Billionaire investor Stanley Druckenmiller ‘s top three biggest holdings at the end of June were all health-care stocks and he also invested back into one of his favorite artificial intelligence plays, Microsoft , according to a regulatory filing. The former lead portfolio manager for George Soros’ Quantum Fund, who now runs his own Duquesne Family Office, hiked his stakes in Teva Pharmaceutical and biopharmaceutical company Insmed last quarter, making them his fund’s second- and third-largest holdings, the filing showed. Clinical genetic testing company Natera remained Druckenmiller’s top bet, worth more than half a billion at the end of June. The…
CNBC’s MacKenzie Sigalos reports on the cybersecurity firm’s stronger-than-expected results, upbeat guidance, and executive shakeup — all after a rocky stretch following its $25 billion CyberArk deal. Source link
Young professionals are going to networking events to strike up friendships. Getty ImagesFatigued by everything virtual, the youngest generation at work are now leaning into in-person networking events to find their tribe.A large number of Generation Z — born between 1997 and 2012 — entered the workforce during the Covid-19 pandemic and were forced to tune in remotely. U.S. Surgeon General Vivek Murthy even declared a loneliness epidemic in the U.S. in 2023, saying it was especially affecting young people.Some Gen Z workers are even returning to the office in a bid to expand their network. One recent Freeman survey…
Lip-Bu Tan, CEO of Intel, departs the White House in Washington, DC, U.S., on Monday, Aug. 11, 2025. Alex Wroblewski | Bloomberg | Getty ImagesThe Trump administration is discussing taking a 10% stake in Intel, according to a Bloomberg report on Tuesday, in a deal that could see the U.S. government become the chipmaker’s largest stakeholder.As part of a potential deal, the government is also considering converting some or all of Intel’s grants from the 2022 U.S. CHIPS and Science Act into equity in the company, the report said, citing a White House official and other people familiar with the…
Jaque Silva | Nurphoto | Getty ImagesOpenAI on Tuesday launched a subscription plan in India priced at 399 rupees ($4.57) a month, the ChatGPT maker’s most affordable offering yet, as it looks to grow in its second-largest market by user base. The new plan, called ChatGPT Go, provides expanded access to the latest model GPT‑5, and other features at a lower cost, the Microsoft-backed firm said in a statement on its website. Nick Turley, who leads ChatGPT, said in a social media post that the plan provides 10 times more message limits, image generations and file uploads, plus double the memory compared to the…
Even as the market trades near record highs, dividend payers – particularly those that have lifted their payments – can bolster portfolios in rocky times. The S & P 500 touched a fresh all-time high on Friday, and it has surged 9.6% in 2025. The broad market index is up more than 30% from its April low, back when the Trump administration announced a slate of tariffs that rattled investors. Dividend-paying stocks can offer investors some measure of safety from these jolts, though. “In periods of elevated risks and valuations, dividends become [a] more important part of investors’ total returns,…
