Pranab Khan 
Nvidia CEO Jensen Huang lost tens of billions and fell out of the $100 billion club on Tuesday. The nosedive in Nvidia shares saw Huang’s wealth drop by about $9,9 billion to approximately 94.9 dollars based on the Bloomberg Billionaires Index” The drop knocked Huang out of the ranks including titans like Elon Musk, Jeff … Read more
Nvidia’s shares (Nvidia got) fell in premarket trading after Bloomberg reported that the company had gotten a subpoena from the Department of Justice (DOJ) as part of an ongoing antitrust investigation. The ensuing news sunk Nvidia’s stock almost 10% in regular trading, erasing $279 billion from the chip maker’s value as investors took an axe … Read more
Weather coincidences are pretty common, as John Wheeler notes. The phrase “There is no coincidence” isn’t strictly true in a mathematical sense(John Wheeler Explains) Why do Weather Coincidences Happen Often? For instance, if you toss a coin that probability will be equal to come up heads or tails. But that doesn’t imply that the next … Read more
Hall & Woodhouse said sales to visitors of its pubs and a strong performance from the Badger range of beers had helped return profitability to levels seen before the pandemic. The group, which also operates the one-of-a-kind Ship and Shovell in Charing Cross – London’s sole pub with two freeholds on either side of a … Read more
Nvidia Corp.’s near $3 trillion gain in market value since ChatGPT’s debut has upended the US stock market dynamics, making the AI chipmaker a critical influence in the leading equity indexes. That status was evident in the recent market gyrations. As of Thursday, the S&P 500 went up almost $4 trillion in market cap during … Read more
Asian Markets Mostly Down, Waiting for Nvidia Earnings Asian stocks remain mixed on Wednesday despite Wall Street reaching a new high. All investors are anticipating Nvidia’s earnings report. Japan’s Markets Added Only a Little Japan’s Nikkei 225 added 0.2% to 38,352.07 in less. Toyota shares gained 3.7%, following an announcement from the Nikkei news outlet. … Read more
USA Gold prices dropped on Wednesday as the U.S. dollar strengthened. A key U.S. inflation report, scheduled later this week, will hopefully provide more clarity for investors on a rate cut in September. U.S. gold futures dropped by 0.4% to $2,543.20. The dollar index climbed nearly 0.2%, making gold less appealing to other currency buyers. … Read more
It’s been a long time but I still recall the day when I returned from my job at an A&P supermarket, weeping — true story. And after finishing up my grocery shopping Groceries for the week we didn’t have enough in our budget to cover everything on our list. We did not even have money … Read more
