My top 10 things to watch Wednesday, Aug. 27 1. It’s Nvidia day. In a preview for Club members, we outlined four burning questions for tonight’s call, including what’s happening with orders for the newest Blackwell chip, the GB300, and details on the total cost of ownership for its market-leading tech. China and margins also in…
SEOUL (Reuters) -South Korea passed a bill on Wednesday to ban the use of mobile phones and other digital devices in school classrooms nationwide, as concern grows about the impact of heavy social media use among the young. The ban, which will take effect from March next year, makes South Korea the latest country to…
European markets are heading for a higher open Wednesday as traders gear up for a quarterly earnings report from chipmaker Nvidia. The Nasdaq-listed stock has become a bellwether for the global technology sector, particularly regarding the progress of the artificial intelligence boom, as its major corporate customers include Microsoft, Google, Meta and Amazon. Its value…
President Donald Trump sent shockwaves through global markets Monday night by saying he would fire Federal Reserve Board Governor Lisa Cook. Trump’s decision not only put investors and economists on alert, but brought attention to the complicated innerworkings of the U.S. central bank. It also marks the latest escalation of Trump’s monthslong pressure campaign against…
CNBC’s Jim Cramer on Monday told investors why he thinks President Donald Trump’s unprecedented effort to remove a Federal Reserve Board governor won’t substantially impact the market. “There have been so many shocking things coming from the White House that they’re no longer shocking,” he said. “At some point, this stuff gets priced in.” On…
Heightened tensions between Beijing and Washington have many investors waiting to allocate capital to Chinese assets. In a recent interview at his New York office, Brendan Ahern, chief investment officer at Krane Funds Advisors LLC, explains how geopolitics and shifting market narratives influence inflows. The specialist asset manager, which focuses on China, climate and alternatives,…
William Henry “Bill” Gates III (born 28 October 1955) is an American business magnate, philanthropist, investor, computer programmer, and inventor. Gates is the former chief executive and chairman of Microsoft, the world’s largest personal-computer software company, which he co-founded with Paul Allen. He is consistently ranked in the Forbes list of the world’s wealthiest people…
Club holding and AI trade bellwether Nvidia is set to release earnings after the close Wednesday — a hotly anticipated report with market-moving implications, to say the least. As Jim Cramer put it earlier Tuesday: “Nvidia is the most important stock in the market.” While all this hype can be a burden, Nvidia’s status as…
President Donald Trump’s attempt to fire Federal Reserve Governor Lisa Cook has triggered a legal showdown over the central bank’s independence. But on Wall Street, at least some investors aren’t worried about institutional norms; instead, they’re excited about the prospect of cheaper money over time. “This is very positive,” Jay Hatfield, CEO of Infrastructure Capital…
Investors wondering what President Donald Trump’s move to fire Federal Reserve Governor Lisa Cook might mean for financial markets today can look back half a century for some insight. President Richard Nixon, aiming to clinch a second term in the White House, pressured then-Fed Chair Arthur Burns to loosen monetary policy before the 1972 election….