Nvidia to back OpenAI data center buildout: Source
CNBC’s Kate Rooney reports on OpenAI’s talks with Nvidia over guaranteeing about $250 billion in data center loans.
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Read MoreWhy Nvidia Stock Fell Today
Shares of Nvidia (NASDAQ: NVDA) sank on Monday following reports that the chipmaker was in discussions to guarantee financing for a colossal data center project.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again.
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Read More8 Words From Fed Chair Kevin Warsh That Signal Where Interest Rates Are Headed
Inflation has been running hot for several years. The normal way the Federal Reserve attempts to cool inflation down is to increase interest rates. The problem is that being too aggressive with interest rate increases can push the economy into a recession. The Fed is constantly walking a tightrope, and today’s environment is no different.
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Read More100% disabled veterans say Social Security still denied their disability claims
For veterans who have already cleared one of the federal government’s toughest disability reviews, being told by another federal agency that they are not disabled enough is confusing.
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Army veteran Monika Witherspoon has been considered 100% disabled by the Department of Veterans Affairs since 2016 because of post-traumatic stress disorder after service in Afghanistan.
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Read MoreThe S&P 500 Is On Track to Post Record Q2 Profits — But There’s a Catch
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Corporate America is delivering another quarter that reinforces why the stock market continues to hover near record highs. With second-quarter earnings season now well underway, companies have once again cleared Wall Street’s expectations by a wide margin. Artificial intelligence spending is translating into real revenue growth for many businesses,
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Read MoreThe Burst
Why Bitcoin Will Moon
If you’re on the sideline wondering where bitcoin will go, we’re about to demystify it.
Warren Buffett famously described bitcoin as “rat poison squared” and a major reason for that view was the cryptocurrency’s failure to produce cash flows, or anything else really.
Buffett was viewing bitcoin more like an asset than something more elementary,
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Read MoreThe Ivy
Billionaire’s Big Bet: Why He’s Banking on This Undervalued Stock
Stanley Druckenmiller is renowned for his macro-driven investment style – he looks for big-picture economic trends and isn’t afraid to make bold, concentrated bets when an opportunity arises. His philosophy centers on anticipating economic cycles and central bank policy shifts and then positioning his portfolio aggressively.
In practice, Druckenmiller often rotates capital from popular,
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Read MoreThe Spotlight
Market Commentary: 2 Sectors Will Hold Up Claims Buffett
Warren Buffett had a lot of interesting things to say recently in a discussion with CNBC’s Becky Quick, but a few really stood out to us.
Asked whether the economy is in a better or worse place than six months ago, Buffett was unequivocal. He first mentioned a business in his portfolio experiencing a 22% sales decline.
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