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Nvidia CEO says he believes China market will open over time
Reuters109d agoneutral
Nvidia CEO says he believes China market will open over time

Nvidia CEO ‌Jensen Huang said on ‌Monday that he believes China's market ​will open up to U.S. chip suppliers after accompanying U.S. President Donald Trump on ‌a trip ⁠to China last week. Nvidia has received licenses from ⁠the U.S. government to sell its H200 chips ​but has ​not received ​approval from ‌Chinese officials who are fostering China's own chip suppliers. Trump's talks with Chinese President Xi Jinping produced no immediate ‌breakthrough for Nvidia ​to sell H200 ​chips.

Nvidia CEO says he believes China market will open over time
Reuters109d agoneutral
Nvidia CEO says he believes China market will open over time

Nvidia CEO ‌Jensen Huang said on ‌Monday that he believes China's market ​will open up to U.S. chip suppliers after accompanying U.S. President Donald Trump on ‌a trip ⁠to China last week. Nvidia has received licenses from ⁠the U.S. government to sell its H200 chips ​but has ​not received ​approval from ‌Chinese officials who are fostering China's own chip suppliers. Trump's talks with Chinese President Xi Jinping produced no immediate ‌breakthrough for Nvidia ​to sell H200 ​chips.

Musk loses blockbuster OpenAI suit as jury says too late
AFP109d agoneutral
Musk loses blockbuster OpenAI suit as jury says too late

A federal jury ruled Monday that Elon Musk waited too long to sue OpenAI and its co-founders, delivering a decisive victory to OpenAI CEO Sam Altman and ending one of Silicon Valley's most closely watched courtroom battles.The jury in Oakland federal court found that Musk's claims against Altman, OpenAI President Greg Brockman, The OpenAI Foundation and Microsoft were barred by relevant statutes of limitations, rejecting the billionaire's core arguments.

Bloomberg109d agoneutral
Dimon, Solomon to Meet With Mamdani as Mayor Pushes Higher Taxes

(Bloomberg) -- Zohran Mamdani was set to hold individual meetings with Jamie Dimon, chief executive officer at JPMorgan Chase & Co., and Goldman Sachs Group Inc. CEO David Solomon, as New York City’s democratic socialist mayor seeks to build relations with the business community. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran F

Bloomberg109d agoneutral
Uber Boosts Stake in Delivery Hero, Says No Takeover for Now

(Bloomberg) -- Uber Technologies Inc. has increased its stake in German food delivery company Delivery Hero SE, underscoring its ambitions to counter competition from DoorDash Inc. outside the US.Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and Xi

How Nvidia Stock Can Hit $300 After Earnings
Barrons.com109d agoneutral
How Nvidia Stock Can Hit $300 After Earnings

Nvidia stock has lost some momentum recently, but analysts believe the chip maker can reassert its dominance in artificial-intelligence processors when fiscal first-quarter earnings arrive this week. D.A. Davidson analyst Gil Luria also raised his target price to $300, from $250.

Elon Musk loses court battle against OpenAI
Yahoo Finance109d agoneutral
Elon Musk loses court battle against OpenAI

A California jury, on Monday found OpenAI cofounders CEO Sam Altman and president Greg Brockman not liable of unjustly enriching themselves by turning the once nonprofit company into a for-profit business.

SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla
Bloomberg109d agoneutral
SpaceX IPO Will Add Another Musk Stock. It’s a Problem for Tesla

(Bloomberg) -- For years, there was only one way for mom-and-pop investors to buy into Elon Musk’s vision: shares of Tesla Inc. That’s about to change — and it’s a serious risk for Tesla investors. Most Read from BloombergStocks Fall, Oil Rises as Hormuz Deal Hopes Fade: Markets WrapBillionaire Rinehart Bets $100 Million on US Defense StocksIranian Media Said US Offered Interim Waiver on Oil SanctionsUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpWinners and Losers From Trump and

Nvidia Q1 earnings: The 3 things this analyst will be watching
Yahoo Finance Video109d agoneutralVIDEO
Nvidia Q1 earnings: The 3 things this analyst will be watching

AI chip leader Nvidia (NVDA) will be reporting its first quarter earnings this Wednesday, May 20. D.A. Davidson head of technology research Gil Luria sits down with Julie Hyman to dive into what he'll be listening for on Nvidia's earnings call later this week and what is being signaled about the chipmaker's margins.

Bonds Used to Be the Income Answer for Retirees. Then Came the Covered-Call ETF That Pays Over 7%.
24/7 Wall St.109d agoneutral
Bonds Used to Be the Income Answer for Retirees. Then Came the Covered-Call ETF That Pays Over 7%.

In 2020, the global economy descended into recession during the Covid-19 pandemic. Central banks around the world enacted an across the board interest rate cut in an effort to stimulate activity to revive the economy. Markets responded. Bond prices rose, reducing yield significantly. 30-year mortgage rates, which started at 3.75%, fell to 3.0% by that ... Bonds Used to Be the Income Answer for Retirees. Then Came the Covered-Call ETF That Pays Over 7%.

Duos Technologies Group Q1 Earnings Call Highlights
MarketBeat109d agoneutral
Duos Technologies Group Q1 Earnings Call Highlights

Duos Technologies Group (NASDAQ:DUOT) reported lower first-quarter revenue as management said the company continued shifting away from legacy rail operations and toward a data center-focused business model centered on edge AI infrastructure. Chief Executive Officer Doug Recker said the quarter refl

Carvana Grew Into a Used-Car Titan. Its New-Car Sales Project Has Dealers Rattled.
The Wall Street Journal109d agoneutral
Carvana Grew Into a Used-Car Titan. Its New-Car Sales Project Has Dealers Rattled.

Carvana’s Casa Grande, Ariz., dealership is the U.S.’s top-selling Chrysler, Jeep, Ram and Dodge dealer as of April. Joshua Higginbotham, a 43-year-old dad in the Kansas City area, swore off buying new cars from Jeep-Ram parent Stellantis after a few bad experiences at the automaker’s franchised dealerships—including losing a $500 deposit for a Dodge Challenger he didn’t buy. “I don’t want to spend a whole day in a dealership, and they always like to make it take an entire day,” Higginbotham said.

What the K-shaped economy could mean for Walmart earnings
Yahoo Finance Video109d agoneutralVIDEO
What the K-shaped economy could mean for Walmart earnings

Walmart (WMT), Target (TGT), TJX (TJX), Home Depot (HD), and Lowe's (LOW) are all reporting quarterly earnings this week. Yahoo Finance Senior Reporter Brooke DiPalma and Robinhood chief investment officer Stephanie Guild outline what investors should expect from earnings and from the future of the K-shaped economy.

SCHMID Group Q4 Earnings Call Highlights
MarketBeat109d agoneutral
SCHMID Group Q4 Earnings Call Highlights

SCHMID Group (NASDAQ:SHMD) said it expects stronger order activity through the remainder of 2026 as demand tied to artificial intelligence infrastructure, optical modules and advanced packaging supports its equipment business. On the company’s first formal investor call, Chief Financial Officer Art