Federal prosecutors charged two Chinese nationals and two US citizens with a scheme to ship hundreds of sophisticated chips made by Nvidia Corp. to China in violation of national security export restrictions. The men used a fake real estate business in Tampa, Florida, as a front to move the shipments through Malaysia and ultimately to…
As some investors wait with bated breath for computer chip manufacturer Nvidia’s earnings report Wednesday, Long Island investment experts caution about concentrating on AI stocks alone. The release of Nvidia’s summer profits, which will be watched closely by tech investors around the world this week, is expected to serve as a major bellwether for the…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Elon Musk is worth close to half a trillion dollars. But long before Tesla shareholders approved a historic pay package that could make him the world’s first trillionaire, the billionaire tech CEO was actively shedding his real estate—and…
Would a 50-year mortgage make homeownership more affordable? The Trump administration is working on a plan for a mortgage term that spans five decades, Federal Housing Finance Agency Director Bill Pulte confirmed this weekend, calling it “a complete game changer” and a “potential weapon in a WIDE arsenal of solutions that we are developing right…
A man named Sean called into “The Ramsey Show” with a painful financial problem: he’s $40,000 upside down on a fifth-wheel RV he and his wife bought for $100,000. Sean explained that his wife used to be a travel nurse, so they financed the RV and lived in it for a while. But after deciding…
Hi, this is Allen Wan in Shanghai, otherwise known as the world’s most compelling coffee city. I’m enjoying an Americano at a pretty empty Starbucks in my neighborhood as I write this and wondering what the future holds for this iconic American coffee chain in China. Despite getting this tea-drinking nation hooked on lattes and…
At OpenAI’s DevDay conference in early October, cofounder and CEO Sam Altman announced the addition of “apps” to ChatGPT—self-contained software programs that the large language model platform can invoke and use. One of the first such apps announced at the conference was Zillow, the industry-leading online real estate marketplace. To connect with Zillow on ChatGPT’s…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A Harvard Business School student once told Jeff Bezos that Amazon.com Inc. (NASDAQ:AMZN) had little chance against traditional retailers and should sell to Barnes & Noble and cash in while he could. The moment, which dates back to…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When Bill Gates cautioned Satya Nadella that Microsoft Corporation’s (NASDAQ:MSFT) $1 billion OpenAI investment could go up in flames, few could have imagined it would turn into a $135 billion stake. Microsoft shares climbed nearly 2% Tuesday after…
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. On CNBC’s “Mad Money Lightning Round,” Jim Cramer recommended selling TeraWulf Inc. (NASDAQ:WULF) and Super Micro Computer, Inc. (NASDAQ:SMCI). This month, TeraWulf announced the pricing of $3.2 billion of senior secured notes, while JPMorgan analyst Samik Chatterjee rated…