Nvidia launched powerful AI chips. Goldman expects boost to 3 stocks

In the wake of Nvidia ‘s launch of powerful new artificial intelligence chips, Goldman Sachs is predicting major growth for memory chips used in AI systems. Called Blackwell, the new…

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China-made vehicles will make up a quarter of Europe’s EV sales this year

A BYD Co. Atto 3 electric sport utility vehicle (SUV) on day two of the Geneva International Motor Show in Geneva, Switzerland, on Tuesday, Feb. 27, 2024. Bloomberg | Bloomberg…

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Baltimore divers recover two bodies from harbor after bridge collapse

Baltimore City Fire Boat 2 floats past the Dali container vessel after it struck the Francis Scott Key Bridge that collapsed into the Patapsco River in Baltimore, Maryland, U.S., on…

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Altimmune weight loss drug minimized muscle mass loss in trial

Daniel Grill | Tetra Images | Getty Images Altimmune on Wednesday said its experimental drug helped patients shed weight but also minimized the loss of muscle mass in a midstage…

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SBF team argues for 5-6 year sentence, cite FTX customers’ money

Government exhibit in the case against former FTX CEO Sam Bankman-Fried. Source: SDNY While prosecutors are requesting that FTX founder Sam Bankman-Fried spend 40 to 50 years in prison for…

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These are investor Jenny Harrington’s top income plays

When income investor Jenny Harrington looks for top dividend stocks, names like Whirlpool come to mind. The home appliance manufacturer not only has a 6% dividend yield, but it has…

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How FTX’s Sam Bankman-Fried went from crypto king to convicted conman

Samuel Bankman-Fried’s poster in downtown San Francisco. MacKenzie Sigalos | CNBC Two years ago, Sam Bankman-Fried was a 30-year-old multibillionaire living in a $35 million Bahamas penthouse, partying with his…

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China’s solar, EV surplus could be dumped on global markets

U.S. Treasury Secretary Janet Yellen testifies during a hearing before the Financial Services and General Government Subcommittee of the House Appropriations Committee at Rayburn House Office Building on Capitol Hill…

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Hyundai may add hybrid production to $7.6 billion Georgia plant

Jose Munoz, chief performance officer of Nissan Motor Co., speaks during the 2018 North American International Auto Show (NAIAS) in Detroit, Michigan, Jan. 15, 2018. Andrew Harrer | Bloomberg |…

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Investor Brad Gerstner bought notable first-quarter underperformers Tesla and Alphabet on the dip

Altimeter Capital’s Brad Gerstner is betting on some of the first quarter’s biggest technology underperformers, revealing fresh Alphabet and Tesla stakes during an interview with C NBC’s « Halftime Report…

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