Advanced Micro Devices is a top contender in the AI chip market. Source link
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There’s no question that Nvidia (NASDAQ: NVDA) has been the biggest winner in the artificial intelligence (AI) boom. The AI chip stock added a whopping $3 trillion in market cap since the beginning of 2023, shortly after ChatGPT was launched.However, throughout the first half of the year, there was a surprising rotation out of Nvidia stock. A number of billionaire investors who had capitalized on the stock’s initial gains sold the AI stock, arguing that there were better opportunities elsewhere.Among those investors were David Tepper of Appaloosa Management, Israel Englander of Millennium Management, Ken Griffin of Citadel Advisors, George Soros…
On September 20, 2024, the Commodity Futures Trading Commission (CFTC) issued its long-awaited, non-binding final Guidance (“the guidance” or “the September guidance”) with respect to regulations on the listing of voluntary carbon credits (VCCs) derivative contracts on designated contract markets (DCMs). Source link
Voluntary carbon markets (marketplaces in which buyers voluntarily purchase and trade in offsets generated from emissions reduction or removal projects) have long been the center of a divisive debate. Proponents of these markets in which companies and other buyers can purchase carbon credits to offset their emissions argue that they are essential for increasing climate finance and enabling companies to reach their net-zero targets. Critics argue that voluntary arrangements are little more than elaborate greenwashing mechanisms. In early 2023, it seemed that momentum was building for voluntary markets. A growing number of companies looked to implement net-zero strategies, contributing to…
Global Carbon Credit MarketThe latest report titled “Global Carbon Credit Market: Trends, Share, Size, Growth, Opportunities, and Forecast 2024-2031” by Coherent Market Insights delivers a thorough analysis of the industry, encompassing market insights. It also covers competitor and regional analysis, along with recent advancements in the market.The report includes a detailed table of contents, figures, tables, and charts, offering in-depth analysis. The Global Carbon Credit market has experienced substantial growth in recent years, driven by factors such as rising product demand, a growing customer base, and technological progress. This report provides an in-depth evaluation of the Global Carbon Credit market,…
CHARLOTTE, N.C. – Ally Financial Inc. (NYSE:) reported third quarter earnings that surpassed analyst expectations, sending its stock up 4% in premarket trading. The financial services company posted adjusted earnings per share of $0.95, significantly beating the analyst estimate of $0.51. Revenue for the quarter came in at $2.1 billion, also topping the consensus estimate of $2.04 billion. The company’s strong performance was driven by better-than-expected results across its business segments. Compared to the same quarter last year, Ally Financial’s revenue increased by 2.9% from $2.04 billion. The company’s digital banking and auto financing businesses continued to show resilience in…
Image source: Getty Images I see a Stocks and Shares ISA as a long-term investment vehicle. Along the way, if it can earn me some passive income in the form of dividends, even better! In fact, I think an ISA can be a lucrative dividend generator. With £20k, here is how I would target £5k a year. Setting a timeframe and approach If I wanted £20k to earn me £5k in dividends each year straight off the bat, I would need to earn an average dividend yield of 25%. No FTSE 100 share pays anything like that amount. There is…
TGIF, Agents of Impact! Help us help you amplify your impact. Join other Agents of Impact and ImpactAlpha’s team of editors and journalists … Source link
Please Register or Sign in to view this content. Quantum Commodity Intelligence is a premium paid subscription service for professionals in the oil, biofuels, carbon and ammonia markets. Quantum Carbon service subscribers have access to: Daily price assessments Market news and price commentary Fundamental trade data Quantum Carbon Daily – market report sent to your email Get in touch with us for subscription information on all Quantum platforms, or help with the service. Source link
TAIPEI (Reuters) – The Taipei-listed shares of TSMC hit a record high on Friday after the world’s largest contract chipmaker posted forecast-beating third-quarter earnings and gave a rosy outlook for strong artificial intelligence (AI) demand. Shares closed up 4.8% at T$1,085 ($33.77), surpassing the previous record of T$1,080 on July 11. That gives TSMC a market capitalisation of about $874 billion, the highest of any company listed in Asia. The benchmark index ended 1.9% higher. The company, however, appeared to face some political uncertainty after U.S. media outlet the Information said the U.S. Commerce Department was investigating if it had…