Nvidia Corp. is worth more than $ 300 billion for the first time since 2020 remains a watershed year in the semiconductor sector for companies not named Intel Corp. Nvidia NVDA, + 6.68% shares closed up 6.7% at $ 493.48, giving Santa Clara, a California-based chipmaker, a market capitalization of …
Read More »Investor whose winning stock market returned amid coronavirus above 4.100% says ‘we are in a boom-and-bust cycle, an epic, monumental boom-bust cycle’
“ “We’re in a boom-and-bust cycle, an epic, monumental boom-bust cycle and this is really what a strategy like Universa’s is here for.” ” – Mark Spitznagel Mark Spitznagel, founder of Universa Investments, told CNBC during a Monday interview why he thinks market participants should apply a modicum of caution …
Read More »IBM throws hat in the ring of AMD with 7-nanometer CPU
International Business Machines Corp. IBM, -0.63% appears to be moving to a slice of the 7-nanometer central processing unit market currently dominated by Advanced Micro Devices Inc. AMD, + 1.34% with its own chip. Last Sunday, IBM announced that it was launching its Power10 chip, a 7 nm CPU to …
Read More »What did people do with their $ 1,200 incentive checks? Finally an answer
Lower-income Americans were more likely to spend their stimulus checks, but more Americans could also spend their stimulus checks if more businesses were open when the checks began in late April, research found. (Photo: Getty.) What did people do with their stimulus controls? People who spend most of their stimulus …
Read More »GMs’ shares are running as Deutsche Bank pushes for EV spinoff
Shares of General Motors Co. GM, + 9.44% rose 3.1% in Monday morning trading and set them on course for a 2-month closing high after Deutsche Bank analyst Emmanuel Rosner put the motorist on the firm ‘Catalyst Call Buy List’, calling it a potential for a spinoff of electric cars. …
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