Markets Risk sentiment soured from the onset today by reports in late, after-market US hours that Nvidia CEO Huang’s head could roll during a special ad hoc board meeting. The news, which got confirmed in the meantime, is causing tremors in the broader tech/AI sector. Many semiconductor-heavy Asian stock indices underperformed this morning. The technology […]
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Elon Musk does not often talk down his own company’s revenue, but he did just that on Nov. 8. “If compute becomes plentiful and cheap, SpaceX revenue will drop. No crying in the casino for Read more…
Children’s Place has moved from closing some of its stores to shutting down the entire chain. That includes the Gymboree brand and every retail location owned by the chain, which filed for Chapter 11 bankruptcy Read more…
Americans who do not want to sell their homes are finding another way to get at the money tied up in them. Balances on home equity lines of credit (HELOCs) rose $23 billion in the Read more…