To The Moon

Congratulations on your historic victory. You have won not only the electoral college, but also, for the first time, a majority of the popular vote. This should put an end to the ceaseless questioning about your democratic legitimacy. You are the president most Americans want.Much has changed in the economy since you left office in 2021. You're inheriting an amazing recovery. But that can change quickly. Inflation may not be fully vanquished, and consumers are anxious about the future. The stock market welcomed your victory but will be quick to abandon you if the economic gains don't continue.As you consider your strategy and personnel choices for your new administration, you may want to consider a few friendly pieces of advice from those who, like you, are deeply invested in the fate of the economy and the markets.Third, keep the memory of the Covid-19 pandemic fresh in your mind as you think about who should staff public-health agencies. No one knows better than you how badly the eco

Blackwell GPU, priced at $30-$40k, could drive annual revenue of more than $50 billion, pushing computing boundaries with advanced tech.Despite strong financial performance, Nvidia's slowing revenue g

Aug 1 - The U.S. Department of Justice is investigating chip giant Nvidia's buyout of AI startup Run:ai on antitrust grounds, Politico reported on Thursday, citing five people with direct knowledge of the matter. Nvidia announced the acquisition of the Israeli firm in April for around $700 million according to a report by Tech Crunch. Run:ai's technology allows developers and teams to manage and optimize their artificial intelligence infrastructure. "We'll continue to support aspiring innovators in every industry and market and are happy to provide any information regulators need," an Nvidia spokesperson said. The Justice Department did not immediately respond to a Reuters request for comment. U.S. antitrust enforcers have been closely examining big tech acquisition activity due to concerns that the concentration of new technologies in the hands of a few companies could stifle competition. Reuters reported last month that the French antitrust regulator was set to cha

The Biden Administration is reportedly to introduce new powers to block exports to Chinese chipmakers.The rule aims to curb China's AI development but excludes shipments from key allies, per Reuters.The Netherlands is reportedly exempt and Dutch firm ASML shares surged following the report.The US Government is reportedly to announce new rules expanding its power toblock the export of semiconductor manufacturing equipment to Chinese chipmakers, in its latest bid to undercut China's efforts to develop AI.The new rules would affect countries including Israel, Taiwan, Singapore and Malaysia, Reuters reported Wednesday, citing two sources familiar with the rule.But Reuters reported that sources said the rule will exclude shipments from allies, including Japan, South Korea, and the Netherlands.Shares of the Dutch firm ASML soared after the Reuters report, jumping as much as 10% on Wednesday. ASML is one of the world's leading suppliers for the semiconductor industry.Japanese semiconductor eq

Palantir Technologies stock soared after hours after posting Q4 results and 2024 guidance that exceeded market expectations.However, I think that the market and PLTR management are irrationally exuber

PLTR stock may soar after its earnings release next month, but instead of a sign to 'let it ride,' take the money and run when this happens.

Eakarat Buanoi/iStock via Getty Images Palantir Technologies (NYSE:PLTR) is suddenly one of the most over-hyped AI software plays around. The unliked enterprise software data play was so hated the sto

U.S. regional bank PacWest Bancorp said on Thursday it had $15 billion of immediately available liqu