Super Micro’s stock is getting an Nvidia bump. Here’s the latest update.
Super Micro has maintained that its record of fast deployments of new Nvidia technologies is an advantage to customers.
Paramount Skydance-Warner Bros. Discovery bid would combine big content houses
Paramount+ signage in the Times Square neighborhood of New York, US, on Thursday, Dec. 21, 2023. Gabby Jones | Bloomberg | Getty Images David Ellison looks to be buying up a media empire. The CEO and chairman of the newly minted Paramount Skydance has tapped an investment bank to help prepare a takeout offer for Warner Bros. […]
It’s full-speed ahead for stocks going into next week’s Fed meeting
But remember the old saying: “Buy the rumor, sell the news.”
CPI report health care inflation rises
Jose Luis Pelaez Inc | Digitalvision | Getty Images Health-care inflation is fueling higher coverage costs, setting the stage for what could be the largest increase in health-care spending by large employers in 15 years. Medical care costs in August rose 4.2% on an annualized basis, according to the Labor Department’s Consumer Price Index, compared […]
Solomon, Dimon, Pick weigh in on the state of the economy
Some of America’s top financial services executives are starting to issue warnings about the economy. Saying they’re seeing signs of “softening” or “weakening,” a slew of CEOs have been weighing in ahead of next week’s Federal Reserve decision and with the U.S. Bureau of Labor Statistics revising job numbers lower this week. In a Wednesday […]
Nvidia’s stock is deemed a buy. The future looks even brighter on ‘the only thing that matters.’
D.A. Davidson analyst is keeping an eye on emerging competition for Nvidia but said AI computing demand is set to grow for years, and that should drive the stock higher.
Doing business in China? Factor in deflation
While U.S. companies battle inflation, those in China are up against something very different: deflation. The high-end Beijing hotel Beiyuan Grand has been setting up stalls in the evenings to serve dishes to passers-by — as Chinese consumers and companies cut back on travel, banquets, and events. Chef Wang cooks up his specialty fried pigeon […]
‘I’m scared for her’: My wife, 48, is financially illiterate. I’m 67. What happens when I die?
“We have a 12-year-old daughter. I have $1.1 million in a traditional IRA and $250,000 in cash.”
Potbelly acquired by RaceTrac for $566 million
Potbelly Sandwich Shop on October 3, 2015 in Louisville, Kentucky. Raymond Boyd Sandwich shop chain Potbelly will be acquired by convenience store operator RaceTrac in a $566 million all-cash deal, Potbelly announced Wednesday. The deal is expected to close in the fourth quarter of the year. Shares of Potbelly shot up more than 30% following […]
Investors are chasing bond yields ahead of the Fed’s rate decision. Here’s the opportunity.
Investors want to lock in income with stocks near all-time highs, but inflation still remains a concern.
