Nvidia shares fall on signs Google gaining upper hand in AI – The Financial Times
The article reports that shares of Nvidia dropped significantly on Tuesday after signs emerged that Google might be overtaking Nvidia in the race for dominance...
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Why the crypto market is crashing – CNN
Even by crypto standards, it’s been a rough few weeks.Investors in digital assets are accustomed to extreme volatility, but a $1 trillion wipeout over the...
Fed Chair Powell’s Allies Provide Opening for December Rate Cut – WSJ
Allies of Federal Reserve Chair Jerome Powell have laid the groundwork for him to push a rate cut through a divided committee at next month’s...
How the U.S. Economy Became Hooked on AI Spending – WSJ
The turbulence that hit stocks tied to artificial intelligence last week highlights a broader risk to the economy. Growth has become so dependent on AI-related...
AI Meets Aggressive Accounting at Meta’s Gigantic New Data Center – WSJ
It seems like a marvel of financial engineering: Meta Platforms META 3.16%is building a $27 billion data center in Louisiana, financed with debt, and neither...
Why investors are increasingly fatalistic – The Economist
Sales of Nvidia’s most advanced chips “are off the charts”, said Jensen Huang on November 19th, while reporting his firm’s highest-ever quarterly revenues. The boss...
When companies lose their way – The Economist
On Elliott Hill’s first day on the job as chief executive of Nike, in October 2024, he gave a presentation to his staff. His opening...
US Retail Sales Are Proving Resilient While Risks Mount – Bloomberg
US retail sales growth likely moderated a touch in September, capping an otherwise solid quarter of spending by consumers who are nonetheless frustrated by high...
Has Britain become an economic colony? – The Guardian
Two and a half centuries ago, the American colonies launched a violent protest against British rule, triggered by parliament’s imposition of a monopoly on the...
Is this the end of the scorching gold rally? – The Economist
The jargon of gold trading echoes that of poker. “Strong hands” are investors loyal to the metal no matter the price. “Weak hands” are flaky...