Key Points Nvidia announced a strategic partnership and $2 billion investment in neocloud operator Nebius Group. The pair will partner to deploy 5 gigawatts of data center capacity by 2030. Nebius is a high-risk, high-reward opportunity, and its valuation is pricey. 10 stocks we like better than Nvidia › In recent years, Nvidia (NASDAQ: NVDA)…
Elon Musk has weighed in on reports Amazon is addressing recent outages, including one related to AI-assisted coding. The e-commerce giant held a mandatory meeting on Tuesday for a “deep dive” into multiple outages, including some as a result of the use of AI coding features, the Financial Times reported, citing internal briefs and emails….
Amazon has been a longtime stock market leader. While I’d still consider it to be one, there are other companies growing much faster that are nipping at its heels and could overtake Amazon in terms of market cap over the next three years. The candidates? Broadcom (NASDAQ: AVGO) and Taiwan Semiconductor (NYSE: TSM). Both of these…
Political uncertainty has rattled the market, with the S&P 500 (SNPINDEX: ^GSPC) down 2.42% over the last month, as of this writing. Many investors are understandably nervous about what this means for the future, with recession fears continuing to grow. While nobody can predict what will happen in the short term, Warren Buffett can offer…
La Liga champions Barcelona have been contacted by the representatives of Borussia Dortmund star Julian Brandt. This comes with a view to a potential joining of forces this summer. Attacking midfielder Brandt is for his part primed to bring a close to his stint on the books of Dortmund upon the season’s close. Advertisement After…
It must be 2017 because loot boxes are back in the news again. Two weeks after New York’s attorney general sued Valve over its use of the gimmick, the company has responded. In short, the Steam maker essentially said, “See you in court.” New York’s lawsuit accuses Valve of promoting illegal gambling through its games….
Israel carried out a strike in the heart of Beirut on Wednesday for a second time since Lebanon was dragged into the Middle East war, as the death toll in the country climbed past 630. Israel strikes central Beirut as Lebanon death toll tops 630 In New York, around 30 countries backing the UN peacekeeping…
Elon Musk is planning to launch a new payments platform, called XMoney, in beta form to select users in April. In announcing a planned partnership between XMoney and Visa more than a year ago, then X CEO Linda Yaccarino referred to the platform as a so-called “Everything App” — a reference to the kind of all-in-one digital…
If your algorithm is anything like mine, you’ve probably seen this new video of Chappell Roan confronting paparazzi and fans outside a restaurant in Paris. Stephane Cardinale – Corbis / Getty Images In the video, Chappell calls out the paparazzi and begins filming them on her phone, saying she feels “disregarded as a human.” “These…
As the S&P 500 chart (US SPX 500 mini on FXOpen) shows, the index is trading near the 6,800 level this morning. However, the balance between supply and demand could change significantly after the release of the Consumer Price Index (CPI) report scheduled for 15:30 GMT+3. Against the backdrop of military developments in the Middle…