Nvidia Reportedly Combatting GPU Shortages By Bringing Back Discontinued Graphics Card
As GPU prices continue to skyrocket and stock becomes increasingly scarce, rumors are swirling that Nvidia might be about to resurrect a previously discontinued line of hardware.
According to Wccftech, Nvidia is reportedly on the verge of resuming production on its budget-friendly GeForce RTX 3060 GPUs to combat the ongoing shortage of RAM being caused by an uptick in development on AI technologies and the increasing prices of memory.
Read MoreStock market today: Trade setup for Nifty 50, gold, silver rates today to Trump's tariffs —eight stocks to buy or sell
Stock market today: US President Donald Trump’s renewed remarks on potential tariff hikes against Indian imports linked to India’s continued purchases of Russian oil added a layer of geopolitical caution to global markets, keeping risk appetite in check during Monday’s session. Additionally, domestic bond yields moved higher after the size of the state government’s borrowing programme exceeded expectations,
Palantir Billionaire Peter Thiel Sells Nvidia and Tesla, and Buys an AI Stock Up 483,000% Since Its IPO
Billionaire Peter Thiel, co-founder of Palantir Technologies, started a position in Microsoft in the third quarter.
Billionaire Peter Thiel is best known for his role in co-founding Palantir Technologies. But he also runs the hedge fund Thiel Macro, which made three interesting trades in the third quarter:
- Thiel Macro sold 100% of its stake in Nvidia (NVDA 0.43%).
US stock market jumps nearly 1% as Dow Jones surges 400+ points; S&P 500, Nasdaq climb on energy, AI, and defense stock rally
US stock market rallies strongly as investors absorb Venezuela shock and focus on growth. The Dow Jones Industrial Average climbed more than 400 points, while the S&P 500 and the Nasdaq Composite also moved higher, signaling broad-based confidence across equity markets.
The Dow is near 48,858,
Read MoreMortgage rates are projected to drop, but not enough to justify refinancing. How homeowners can tap into their equity for more cash without a new deal
According to Zillow,
The Burst
How a 2nd Trump Presidency Will Affect Markets?
A second Trump presidency may have broad-reaching implications for the stock market, influenced by a mix of tax and economic strategies as well as geopolitical implications.
In his first-term, Trump oversaw significant corporate tax cuts, which boosted corporate earnings and stock prices. A second term is likely to continue or expand these tax policies,
» Read more about: How a 2nd Trump Presidency Will Affect Markets? »
Read MoreThe Ivy
2 Billionaires Buy This Former Out-Of-Favor Bank, Why?
As recently as 2020, few analysts could have predicted that Stanley Druckenmiller, a billionaire who used to manage Quantum Fund with George Soros, would invest in Citigroup, a multinational banking company with a reputation for mismanaging funds and contributing to the Great Recession.
Despite those facts, Druckenmiller’s firm, Duquesne Family Office, bought more than 327,000 shares in Citigroup last quarter.
» Read more about: 2 Billionaires Buy This Former Out-Of-Favor Bank, Why? »
Read MoreThe Spotlight
MAJOR ALERT: Within 7 Days, Market Plunges?
There’s blood in the water and a shark has sniffed it out and is swimming furiously to capture some some pounds of flesh.
What are we talking about?
A major bet was placed by one of Wall Street’s iconic traders betting that by Friday, February 17, the market would fall,
» Read more about: MAJOR ALERT: Within 7 Days, Market Plunges? »