Thursday, September 19, 2024
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FTSE, European and US stocks rise as bets ramp up on Fed rate cuts

US stocks jumped on Thursday as investors weighed fresh inflation and labor data against high-running expectations for a quarter-point interest-rate cut next week.The S&P...

Nvidia employees often work seven days a week and until 2 a.m. but golden handcuffs keep them tied to the company

Nvidia’s skyrocketing stock has made its employees so rich they’ll tolerate pretty much anything—even its demanding and sometimes unhealthy work culture. The company’s shares have...

FTSE 100: Wall Street bounces back as London closes higher amid September rate cut bets

Rightmove (RMV.L) reported a 7% rise in half-year revenues to £192.1m, leading to a 2% increase in operating profit to £131.6m.For the full year,...

The U.S. economy is the most dynamic it’s ever been as AI and infrastructure overpower Fed rate hikes, ‘Big Short’ investor Steve Eisman says

Wall Street has been puzzling over the U.S. economy’s continued resilience in the face of aggressive rate hikes from the Federal Reserve, with some...

Prediction: Nvidia Stock Will Reach $10 Trillion Market Cap By 2030

Nvidia has a market cap of $3 trillion today. We believe Nvidia will reach a $10 trillion market cap by 2030 or sooner through...

Nvidia Q1 Earnings Preview: Blackwell And The $200B Data Center

Nvidia’s management team will focus on the H200 in the upcoming earnings call, but make no mistake, we will end this year in full-on...

North Koreans stole Americans’ identities and took remote-work tech jobs at Fortune 500 companies, DOJ says

The Justice Department on Thursday announced the arrests of three people in a complex stolen identity scheme that officials say generates enormous proceeds for...

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