Arm custom chips get a boost with Nvidia partnership
Arm doesn’t make CPUs but it licenses its instruction set technology and sells designs that customers can build their chips on top of.
Tuesday’s big stock stories: What’s likely to move the market in the next trading session
Stocks pulled back on Monday, with tech shares largely trading lower. That included Nvidia, which dropped about 2% ahead of its earnings on Wednesday.
Santoli’s Monday market wrap-up: Caution continues to eclipse conviction
The S&P 500 is now spending quite a bit of time near the lower end of a two-month range.
Buffett’s Google bet comes 2 decades after billionaire investor ‘inspired’ search giant’s IPO
The Google founders said in the company’s 2004 IPO prospectus that much of their commentary was “inspired by Warren Buffett’s essays” in annual reports.
Govini founder Eric Gillespie’s lawyer calls child sex chat ‘internet fantasy,’ not a crime
Defense contractor Govini said Gillespie was no longer a majority shareholder and would not receive a paycheck since his termination.
Bitcoin is under pressure. Why that could spell trouble for U.S. stocks
“In the short-term … a sustained break of the $90,000 level could usher in more selling pressure and bearish momentum,” one analyst said.
Dell, HPE shares sink after Morgan Stanley downgrades — computer hardware stocks also hit
The bank double-downgraded Dell from overweight to underweight and downgraded HPE from overweight to equal weight.
Fed Governor Waller backs December rate cut as support for weakening labor market
Waller’s comments put him squarely in the came of those looking to ease monetary policy to head off further danger in the jobs picture.
AI industry-backed super PAC targets New York Democrat in opening shot of midterms
The AI-friendly Trump administration was reportedly frustrated with the super PAC, Leading the Future, over its affiliation with Democratic operatives.
Stanley Druckenmiller rebuilds Big Tech bets, dips into stablecoins with Figure Technology
Druckenmiller’s Duquesne Family Office initiated a $96 million position in Amazon and a $56 million holding in Meta during the third quarter.