It doesn’t take an investing genius to know that Nvidia (NASDAQ: NVDA) has been a huge winner from the artificial intelligence (AI) boom. The surging demand for graphics pressing units (GPUs) — driven largely by AI — has made Nvidia one of the largest companies on the planet.Can Nvidia grow even bigger? Yep. The chip giant sees a $1 trillion opportunity ahead — and it’s not AI.An unstoppable $1 trillion transitionNvidia CEO Jensen Huang said in his company’s second-quarter earnings call in August, “[T]he world is moving from general-purpose computing to accelerated computing. And the world builds about $1 trillion…
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Image source: Getty Images Lloyds (LSE: LLOY) shares would have to be the most popular Footsie financials play. Every time I look at investment platforms’ data, Lloyds is among the most bought stocks. Personally, I prefer another FTSE 100 financial stock over Lloyds. This stock isn’t as cheap as the Black Horse bank, but it has a much better track record when it comes to generating wealth for investors. Britons love Lloyds shares I can understand why UK investors continue to pile into Lloyds shares. For starters, the bank’s well known. And people like to invest in what they know.…
On Monday, OneStream Inc. (NASDAQ:OS) stock received an Outperform rating from BMO Capital, accompanied by a $38.00 price target. The firm began coverage on the enterprise planning and “Office of the CFO” software provider, highlighting the company’s potential for market share growth. BMO Capital noted OneStream’s strong capabilities in data management, consolidation, and artificial intelligence/machine learning (AI/ML) as key differentiators in a competitive landscape that includes both traditional and modern rivals. These technological advantages are expected to position OneStream favorably as companies continue to migrate to cloud-based ERP and financial applications. The analyst’s remarks underscored the company’s prospects for outperforming…
Ukraine, in the midst of war, continues to play an active role in the fight against greenhouse gas emissions.The Climate Innovation Vouchers program, set up by the European Bank for Reconstruction and Development (EBRD) with the support of the European Union (EU), finances Ukrainian companies developing innovative industrial technologies.These initiatives focus on optimizing industrial processes while contributing to decarbonization.Two companies, Pipes.one and Carbominer, are benefiting from this support to develop concrete solutions for the construction and agricultural sectors.The Ukrainian industrial sector is thus positioning itself for resilience in times of crisis, while strengthening its ability to reduce production costs and…
(Bloomberg) — PT Barito Renewables Energy shares plunged by the daily limit for a second day after FTSE Russell said it would exclude the company from its indexes.Most Read from BloombergThe shares fell 20% on Monday, bringing its two-day loss to nearly 36%. The index compiler said last week that the Indonesian power company will be deleted from its gauges on Tuesday after being added on Monday, citing “high shareholder concentration.”FTSE’s unusual decision is the latest twist for the group, whose shares have been on a wild ride since it went public late last year. The gauge operator in June…
Pause to Think: Using Mental Models to Learn and Decide. 2024. Jaime Lester. Columbia Business School Publishing. Pause to Think offers a perfect balance of light and serious reading. It is direct, delightful, and articulate in suggesting specific ways to improve approaches to anything we attempt to do. The author presents mental models in accessible, entertaining ways that prove both memorable and immediately useful. Jaime Lester is a hedge fund industry veteran and an adjunct professor at Columbia Business School. He has divided this powerful book into two sections — Part I: Important Concepts and Part II: Important Frameworks —…
Nach den Rekordhochs bleiben die Aussichten für die Aktienmärkte gut – so die überwiegende Meinung. Kurzzeitige Rücksetzer seien aber immer wieder möglich. 23. September 2024. FRANKFURT (Börse Frankfurt). Dass die US-Notenbank am Mittwoch die Leitzinsen um 50 und nicht nur 25 Basispunkte gesenkt hat, befeuert zunächst die Märkte. Am Donnerstag kletterten Dow Jones, S&P 500 und auch der DAX auf neue Allzeithochs. Nur der Nasdaq 100 ist von seinem Rekordhoch aus dem Juli noch ein ganzes Stück entfernt. „Die Zinswende in den USA wurde mit einer kleinen Verzögerung gebührend gefeiert“, kommentiert Christian Henke von IG. „Immer mehr Investoren sind überzeugt, dass der…
Image source: Getty Images Interest rate cuts can affect markets in unexpected ways. To keep my portfolio stable, I’m considering the best shares to buy to prepare for volatility After the US cut interest rates by 50bps last week, all eyes are on the Bank of England (BoE). In August, it made the first rate cut of the year, at 25bps. Brokers and financial institutions expect at least one more rate cut this November, taking it down to 4.75%, with four more cuts down to 3.75% throughout 2025. The US’s leading tech index, the Nasdaq, is up 1.8% since the…
Google announced today a new agreement with carbon removal company Mombak for the purchase of 50,000 carbon credits generated through Mombak’s reforestation projects in the Brazilian Amazon. The agreement marks Google’s first-ever purchase of nature-based carbon credits, and follows a commitment announced in March by the company to contract for at least $35 million of carbon removal credits over the next 12 months, and the announcement by the company earlier this month of another deal for 100,000 tons of Direct Air Capture-based credits at a landmark $100/ton price. Google also recently formed part of the launch of the Symbiosis Coalition, alongside tech…
Intel, once the global leader in chip manufacturing, has seen its shares decline by nearly 60 per cent since the start of 2024. (Photo: Shutterstock)2 min read Last Updated : Sep 23 2024 | 9:22 AM IST Apollo Global Management has proposed a $5 billion investment in Intel, indicating confidence in the chipmaker’s turnaround strategy, according to a Bloomberg report on Monday. Intel executives are currently considering Apollo’s proposal, which could be structured as an equity investment, the report added. The discussions are ongoing, and no agreement has been finalised. This development follows recent reports that San Diego-based Qualcomm…