Yahoo Finance Nvidia Reportedly Delays Next-Generation Blackwell AI Chip; Big Implications For Sector
Nvidia reportedly has delayed the Blackwell B200 AI chip by 3 months or more, The Information reported. Nvidia stock and other big AI plays plunged early Monday.
Nvidia reportedly has delayed the Blackwell B200 AI chip by 3 months or more, The Information reported. Nvidia stock and other big AI plays plunged early Monday.
The stock market today closed substantially higher after bouncing back from losses that followed the latest inflation data. The Nasdaq composite closed 2.2% higher and is still more than a 1% advance away from testing resistance at its falling 50-day moving average. The Nasdaq composite was up 13.4% prior to the open.
As growth stocks like Nvidia, Apple and Microsoft lose support after monster moves, keep in mind these proven sell rules.
Arcade-restaurant operator Dave & Buster's cleared Q2 estimates, detailed turnaround initiatives late Tuesday. PLAY stock has trended lower since April.
Inflation continued to moderate in August as the Consumer Price Index (CPI) for the month came in line with economist expectations. Rising shelter costs and housing prices are major contributors to sticky inflation prints as prospective homebuyers try to find relief in the US home market, the CPI shelter index seeing gains of 0.5% month-over-month. The Market Domination team welcomes Interactive Brokers senior economist José Torres to talk about this morning's inflation print, how price trends are becoming apparent in home prices and the autos sector, and consumer spending patterns within the services industry. "The consumer these days... the propensity to save is particularly low. They're not out there saving to buy homes, they're not saving to buy automobiles. So what they're doing is they're spending a lot on services," Torres tellsJulie Hyman and Josh Lipton. "Our economy is 70% services. When you look at the labor market, sure, it's been cooling. Companies aren't hiring that much, but they're also not firing either, right? So that means that the consumer is going to have a firm underpinning beneath them so that they can continue spending." For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Luke Carberry Mogan.
U.S. authorities said on Wednesday they had seized more than 350 websites selling gun silencers and parts from China used to covert semiautomatic pistols into fully automatic machine guns. Federal prosecutors in Boston said the seizures followed an investigation since August 2023 into websites, businesses and people offering to illegally sell and import machine gun conversion devices. Law enforcement conducted undercover purchases from those websites of gun-related items, resulting in shipments from China of packages that falsely described their contents as containing materials like a "necklace" or "toys," prosecutors said.
BBC Radio Oxford's Make a Difference Awards honour local people who improve the lives of others.
We recently compiled a list of the 10 Best Discount Retailer Stocks to Buy. In this article, we will look at where BBB Foods Inc. (TBBB) stands against other discount retailer stocks to buy. Overview of the Discount Retail Sector With half a decade of geopolitical chaos, recession in Europe, and above-target inflation, the US […]
We recently compiled a list of the 10 Best Discount Retailer Stocks to Buy. In this article, we will look at where PriceSmart, Inc. (PSMT) stands against other discount retailer stocks to buy. Overview of the Discount Retail Sector With half a decade of geopolitical chaos, recession in Europe, and above-target inflation, the US economy […]
August's CPI data pushed investors to expect a 25 basis point interest rate cut from the Federal Reserve in September.
Boosted by several quarters of explosive growth and solid estimates ahead, PennyMac stock holds strong in buy range.
Donald Trump stock Trump Media tumbled early Wednesday after the presidential debate with Vice President Kamala Harris.
CHICAGO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting, and power distribution applications, announced today that its board of directors has declared a quarterly dividend of $0.14 per share to be paid on November 1, 2024, to common stockholders of record at the close of business on October 18, 2024. About Methode Electronics, Inc.Methode Electronics, Inc. (NYSE: MEI) is a leading
CHATTANOOGA, Tenn., September 11, 2024--CBL Properties (NYSE:CBL) today announced that it had closed on the sale of Layton Hills Convenience Center, Layton Hills Plaza and nine related outparcels in Layton (Salt Lake City), UT, to an unaffiliated third party for $28.5 million, all cash. Layton Hills Convenience Center and Plaza served as collateral under CBL’s non-recourse term loan. The nine improved outparcels served as collateral under CBL’s non-recourse open-air and outparcel loan. Net proce
Solterra reported that, following a thorough review of the approval, the allocation is approximately 10% greater than originally anticipated. Neve Yarak, Israel, Sept. 11, 2024 (GLOBE NEWSWIRE) -- N2OFF, Inc.\ (NASDAQ: NITO) (FSE:80W) (“N2OFF” and the “Company”), a clean tech company engaged in sustainable solutions for energy and innovation for the agri- tech, released today an update regarding its Solar PV Joint Venture Project with Solterra Renewable Energy Ltd. (“Solterra”). Following receiv
AUSTIN, Texas, Sept. 11, 2024 (GLOBE NEWSWIRE) -- EZCORP, Inc. (NASDAQ:EZPW), a leading provider of pawn loans in the United States and Latin America, announced today that it has entered into a definitive agreement to acquire 53 pawn stores in Mexico. The seller, Presta Dinero, S.A. de C.V. and doing business as “Auto Dinero,” currently operates across 21 states in Mexico and specializes in two types of auto pawn transactions – auto (vehicle) pawn, where the pawnbroker takes possession of the ve
SAN DIEGO, September 11, 2024--Inseego continues to improve its capital structure and reduces its total debt.
CHICAGO, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Oil-Dri Corporation of America (NYSE: ODC) announced today that it will release earnings for its fourth quarter and fiscal year 2024 after the close of the U.S. stock market on Thursday, October 10, 2024. The Company will host a live webcast on Friday, October 11, 2024, at 10:00 a.m. Central Time to discuss these financial results. Participation details can be found on the Company’s website’s Events page, where the webcast will also be available for re
CINCINNATI, September 11, 2024--Mobile Infrastructure Corporation (NYSE American: BEEP), ("Mobile", "Mobile Infrastructure" or the "Company"), owners of a diversified portfolio of parking assets throughout the United States, today announced several strategic actions to enhance shareholder value.
ST. LOUIS, September 11, 2024--Build-A-Bear Workshop, Inc. (NYSE: BBW) announced today that its Board of Directors has authorized a new share repurchase program of up to $100 million and declared a quarterly cash dividend of $0.20 per share on the issued and outstanding common stock of the company. The dividend will be paid on October 10, 2024, to all stockholders of record as of September 26, 2024.
MIDLAND, Texas, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Viper Energy, Inc. (NASDAQ:VNOM) (“Viper” or the “Company”), a subsidiary of Diamondback Energy, Inc. (NASDAQ:FANG) (“Diamondback”), today announced it and its operating subsidiary Viper Energy Partners LLC (“OpCo”) have entered into a definitive purchase and sale agreement to acquire certain mineral and royalty interest- owning subsidiaries of Tumbleweed Royalty IV, LLC in exchange for $461.0 million of cash and approximately 10.1 million OpCo