Nvidia CEO Jensen Huang said he was surprised that AMD would give away 10% of its company to OpenAI in their new partnership, calling the move "imaginative" but "clever," while emphasizing Nvidia's distinct direct-sales strategy with the ChatGPT maker.
Sen. Elizabeth Warren (D-Mass.) slammed President Donald Trump's trade and tariff policies for significantly exacerbating the nation's housing affordability crisis.
On Wednesday, major U.S. indices closed mixed, with the Nasdaq rising 1.1% to 23,043.38 and the S&P 500 slipping nearly 0.6% to 6,753.72. The Dow Jones Industrial Average was unchanged at 46,601.78.These are the top stocks that gained the attention of retail traders and investors through the day:
MrBeast revealed that his $2.6 billion YouTube empire began with chaotic early days, when he hired comedians and Best Buy employees as his first team before growing into a 400-person global operation.
Gold price holds positive ground near $4,010 after retreating from a fresh record high of $4,059 in the previous session during the early Asian session on Thursday.
The S&P 500 advanced about 60 basis points on the day, but the index has essentially moved sideways since Friday. If it manages to gap higher tomorrow, that would be different, but for now, we’ve just been oscillating around the 6,750 gamma level.
Political pressure on the budget showdown will mount. The number of people receiving a subsidy jumped from 10 million to over 22 million as a result of Biden’s 2021 American Rescue Plan Act (ARPA).
The shutdown could cost the U.S. economy $15 billion per week. If it drags on for several more weeks, the economic disruption could become far more widespread.
The only thing falling is the yen, a casualty of Japan’s new “controlled reflation”, which looks a lot like old-fashioned currency engineering with better PR.
Is PJT Partners the next big investment opportunity? Join us as we break down its strengths and potential returns in the competitive world of investment banking.
The Federal Reserve began reducing interest rates in September, which could provide a boost to laggards like Home Depot and Lowe's. But which benefits most?
