Gold futures took a small gain on Friday to stop a third consecutive slide, but the advance of the precious metal for the day was not enough to prevent the first back-to-back weekly declines since the COVID-19 pandemic began in March . Experts say a resurgence in US dollar investors …
Read More »Nvidia could become Apple’s data center, analysts say
Nvidia Corp. could come to dominate the data center in the way Apple Inc. did. smartphones did, according to one analyst amid several glowing reports from Wall Street after the chip company reported a spectacular quarter and outlook. Nvidia NVDA, + 3.64% shares traded up plus-minus 2% on Thursday, closing …
Read More »Here’s the reason why stock prices are not sustainable, according to this fund manager
In a week in which the S&P 500 sets a record in the midst of a pandemic, it’s fair to consider at least the bottom 495 parts. Michael Batnick, director of research at Ritholtz Wealth Management, points out 94% of the S&P 500 SPX, + 0.31% components trade below their …
Read More »California is making bold moves to tackle Big Tech with Uber and Lyft showdown
As California becomes one of the first states to take over Big Tech in the ongoing battle over the employment status of Uber and Lyft drivers, the scofflaw ride-hailing companies are now working their political contacts to prevent them from complying with a law that has been on the books …
Read More »‘I will be an ally of light, not darkness’: Joe Biden promises to rebuild economy if he accepts Democratic nomination
Joe Biden promised to rebuild the abused American economy and tackle the coronavirus pandemic when he accepted the Democratic nomination on Thursday night, and threw himself as an ointment for a nation wounded by President Donald’s policies. Trump. In a speech that differentiated between airy rhetoric and specific proposals, Biden …
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