Chipmakers are outshining Big Tech in the AI rally
New York (CNN) — Big Tech, once the market leader, is being overshadowed by gains from the new stars of the artificial intelligence boom: semiconductor chipmakers.
Nvidia shares (NVDA) climbed almost 9% Thursday after strong earnings in which the chipmaker not only doubled its sales from a year ago,
» Read more about: Chipmakers are outshining Big Tech in the AI rally »
Read MoreWarren Buffett and Greg Abel Quietly Hold a Bigger Percentage of This Company Than Any Other in Berkshire's Portfolio (Hint: It's Not Apple or American Express)
Key Points
-
In fact, it’s a healthcare company.
-
It is a strong player in its chosen niche.
These days, the vaunted equity portfolio of Berkshire Hathaway(NYSE: BRKA)(NYSE: BRKB) is bursting with massive stakes in some of the world’s best-known companies.
Read MoreCook argues Trump administration has no legal basis to remove her from Federal Reserve board
Federal Reserve board member Lisa Cook on Wednesday pushed back against the Trump administration’s renewed attempt to fire her from the central bank’s board of governors, despite a Supreme Court ruling preventing her removal.
Cook’s lawyers, Abbe Lowell and Norm Eisen, said President Trump has “no legal basis”
Read MoreUS, Canada trade war poses sourcing risks for agriculture, consumer goods
This story was originally published on Supply Chain Dive. To receive daily news and insights, subscribe to our free daily Supply Chain Dive newsletter.
The escalating trade war between the United States and Canada is expected to fuel higher costs for both shippers and consumers while disrupting the North American supply chain,
» Read more about: US, Canada trade war poses sourcing risks for agriculture, consumer goods »
Read MoreSocial Security Update: 4 Proposals Could Change Benefits for Millions
Several Social Security proposals are waiting for lawmakers when Congress returns from recess, as pressure grows to address the program’s finances and future benefits.
Tens of millions of Americans receive Social Security, including roughly 57.6 million retirement beneficiaries, 5.8 million people receiving survivor benefits and nearly 8 million receiving disability benefits.
» Read more about: Social Security Update: 4 Proposals Could Change Benefits for Millions »
Read MoreThe Burst
Can Netflix Double in Value in 5 Years?
Netflix (NASDAQ: NFLX) is back in the spotlight again. Not because it just dropped a new hit series but because investors are wondering something bigger. Can the stock double in the next five years?
It’s a fair question. After all, Netflix isn’t the underdog anymore. It’s not fighting Blockbuster. It is the blockbuster.
» Read more about: Can Netflix Double in Value in 5 Years? »
Read MoreThe Ivy
Why Nuclear’s Next Frontier Could Be 240,000 Miles Away
This year, nuclear energy stocks have been some of the market’s best performers. Small modular reactor (SMR) developers like NuScale Power (SMR) and Oklo (OKLO) have been announcing a steady stream of partnerships, and Donald Trump, has pushed fresh executive orders aimed at accelerating the sector’s development.
Investors have plenty of reason to be excited but a surprising new catalyst has emerged,
» Read more about: Why Nuclear’s Next Frontier Could Be 240,000 Miles Away »
Read MoreThe Spotlight
Will Bitcoin Hit an All-Time High Before the Election?
Will Bitcoin hit an all-time high before voters head to the polls?
While Bitcoin has demonstrated its potential to defy expectations, a new set of circumstances, including institutional support, hedge fund interest, and political influences, are converging, making the coming weeks critical for Bitcoin’s price trajectory.
So how high can Bitcoin go?
» Read more about: Will Bitcoin Hit an All-Time High Before the Election? »