My top 10 things to watch Wednesday, Oct. 8 1. Nvidia CEO Jensen Huang told Investing Club members that Oracle’s cloud business renting Nvidia chips to customers will “be wonderfully profitable” over the life of the AI system. He was responding to a media report that said Oracle was seeing thin margins on the chips…
Nvidia CEO Jensen Huang on Tuesday brushed off a media report that said Oracle is seeing thin margins on its business of renting out Nvidia chips to customers. Oracle is “going to do incredibly well,” Huang said in an interview with Jim Cramer at the CNBC Investing Club’s Monthly Meeting, which was held Tuesday afternoon…
My top 10 things to watch Tuesday, Oct. 7 1. Nvidia CEO Jensen Huang joins the Investing Club this afternoon at our October Monthly Meeting. Sign up to join the Club and watch my interview with Jensen. Lots to talk about from OpenAI to hyperscaler spending. 2. Goldman upgraded construction services firm Emcor to a…
My top 10 things to watch Friday, Oct. 3 1. Boeing problems: The planemaker’s new 777X widebody jet is now set to make its commercial debut in early 2027 instead of next year, Bloomberg reported this morning. That delay could expose Club name Boeing to sizable non-cash accounting charges. Safety certification work is taking longer…
The Club’s top 10 things to Thursday, Oct. 2 — Matthew J. Belvedere and Kevin Stankiewicz wrote this morning’s newsletter. 1. The S & P 500 was heading for a higher open this morning. The index reversed yesterday’s early declines on the government shutdown and weak ADP jobs concerns and closed at a record high….
My top 10 things to watch Wednesday, Oct. 1 1 . Government shutdown implications? Don’t buy on the first day, but stocks have historically been higher a week after the shutdown ends. The U.S. government shut down at midnight after the Republican-controlled Senate failed to secure a temporary spending bill. 2. Nike is coming back. The…