Matt Stroshane/Getty, Tyler Le/BIAI stocks like Nvidia, Super Micro Computer, and Broadcom soared nearly 20% this week.The rally was sparked as Oracle and Nvidia executives addressed concerns about AI returns.Oracle shares surged by 24% after Larry Ellison’s bullish comments on AI’s long-term potential.The stock market’s artificial-intelligence trade was revived this week, with shares of AI stalwarts like Nvidia, Super Micro Computer, and Broadcom soaring by nearly 20%.AI-related names and semiconductor shares were caught in a slump after Nvidia reported its second-quarter earnings two weeks ago. Nvidia shares slid sharply after the company failed to meet sky-high expectations, leading investors to…
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As the cooler Colorado evenings set in, it’s evident football season is in full swing. For Denver singer-songwriter and entrepreneur Dre Lane, this means he gets to watch his favorite football player — his son Mario Lane. CBS “We call him deuce deuce,” said Dre.Since Mario was 4 years old, his dad Dre made sure he was on the field. Entering his junior year at Cherokee Trail High School, this season is special for them for more reasons than one. “It really just transcends through my soul. You know, being able to be out here and watch him compete with…
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Volodymyr Zelensky has said it is “difficult to repeatedly hear” Western allies say they are working on a decision to lift limits on the use of long-range missiles as Vladimir Putin “burns down our cities and villages”.Mr Zelensky has pleaded with allies for months to allow his military to fire long-range US ATACMS and British Storm Shadow missiles at Russian targets used to launch devastating daily attacks on Ukraine.On Friday, UK prime minister Keir Starmer met with US president Joe Biden at the White House were they discussed Ukraine and the Middle East. There was no announcement on the use of long-range weapons.“Putin interprets…
Boeing May Need To Offer Additional Concessions To End Strike Despite Multi-Billion Dollar Debt: BofA AnalystBofA Securities analyst Ronald J. Epstein reiterated a Neutral rating on Boeing Company (NYSE:BA), with a price forecast of $200.The analyst views Boeing as particularly vulnerable, noting that the company has delayed its 737 production rate increase from 42 per month, originally set for September 2024, to March 2025.A prolonged strike could further worsen the company’s current difficulties, Epstein added.However, if the Spirit AeroSystems strike and subsequent contract negotiations set a precedent, the strike could potentially be resolved in as little as a week, Epstein…
Times Observer photos by Josh Cotton Dolores Timco outlined how the Ronnie and Joyce Weller Tidioute Development Fund will benefit her business as the fund’s first grant recipient.With that sustained population decline come a whole slate of problems that towns throughout much of rural America face. Solving those challenges is a big puzzle. Some of the challenges can be tied to funding. And the Ronnie and Joyce Weller Tidioute Development Fund aims to get some good things going. Ronnie Weller, center, discusses his hopes for revitalization in Tidioute during this week’s Warren Worx stakeholder meeting held at Tidioute Community Charter…
Edwards Air Force base has been home to many ‘firsts’ in Air Force lore, from the first supersonic flight to the first space shuttle landing. This week the Air Force broke ground on another ‘first’ at Edwards, one which could address the chronic housing shortage at the remote base in the southern California desert where some troops have lived in RVs for years before finding full-time housing. With Edwards base officials lifting shovels of dirt with contractors, work began for the on-base apartment complex that will be run by a private company, a first for the Air Force. Officials hope…
More than 20 years after it premiered on NBC, Scrubs still ranks as one of the best sitcoms of all time. However, since the series, which moved to ABC in its final two seasons, took place inside Sacred Heart Hospital, Scrubs also had to do its due diligence with making sure the medical aspects were up to snuff. Clearly it succeeded in the eyes of Bill Lawrence, who explained in an interview why Scrubs is “the most realistic medical show of all time.”Lawrence has been on a tear lately with his Apple TV+ subscription-exclusive shows, including Ted Lasso, Shrinking and,…
Boeing workers went on strike Friday, the latest disturbance in what has proven a devastating year for the American aircraft manufacturer.But it is not clear whether the labor stoppage will have an impact for the flying public, although there are concerns about a potential effect on air travel next summer.U.S. carriers that rely heavily on Boeing planes include Southwest, United and Alaska Airlines.In a statement, Southwest said its operations were unlikely to be affected in the short-term by any production delays Boeing may end up suffering.“Earlier this year, Southwest Airlines took steps to address potential delivery disruptions,” the carrier said.…
Alnylam Pharmaceuticals (NASDAQ:ALNY – Get Free Report)‘s stock had its “neutral” rating restated by investment analysts at Cantor Fitzgerald in a research note issued on Monday, Benzinga reports. They currently have a $220.00 price objective on the biopharmaceutical company’s stock. Cantor Fitzgerald’s target price would suggest a potential downside of 14.13% from the company’s previous close. A number of other research firms have also recently commented on ALNY. Canaccord Genuity Group boosted their target price on shares of Alnylam Pharmaceuticals from $357.00 to $366.00 and gave the stock a “buy” rating in a research report on Friday, August 2nd. Needham…