CleanSpark, Inc. (NASDAQ:CLSK) is among the best US stocks to buy under $20. On November 25, CleanSpark, Inc. (NASDAQ:CLSK) reported its third-quarter results, in which it delivered revenue of $766.3 million, an impressive 102% increase from last year. Additionally, the company achieved a net income of $364.5 million, a strong rebound from the previous year’s […]
Nvidia (NVDA) sent a memo to Wall Street analysts over the weekend arguing that it is not engaged in vendor financing, a controversial practice in which suppliers invest in or extend loans to their own customers. Famed short sellers Jim Chanos and Michael Burry aren’t so sure. Nvidia wrote a seven-page document — first reported […]
Nov 29 (Reuters) – Micron Technology will invest 1.5 trillion yen ($9.6 billion) to build a new plant in Hiroshima in western Japan to produce advanced high-bandwidth memory (HBM) chips, the Nikkei reported on Saturday, citing people familiar with the matter. The U.S. chipmaker aims to start construction at an existing site in May next […]
Silver jumped to a record, surpassing a peak set during a historic squeeze in the London market in October. Spot prices surged as much as 4.2% to about $55.66 an ounce. The white metal has been supported by rising hopes of a Federal Reserve interest-rate cut in December, inflows into bullion-backed exchange-traded funds and ongoing […]
It appears that NVIDIA isn’t able to receive sufficient memory for its inventory, which is why it reportedly won’t supply the memory chips to its board partners. NVIDIA Reportedly Tells AIBs to Source Their Own GDDR Memory as It Stops Supplying VRAM Chips With GPUsNVIDIA gets its VRAM chips from suppliers such as Samsung, Micron, […]
GDANSK (Reuters) -Poland’s biggest game developer CD Projekt on Wednesday reported a 148% year-on-year rise in third-quarter net profit compared with the previous year thanks to strong sales of games from its back catalogue, mainly ”Cyberpunk 2077″ and its “Phantom Liberty” expansion. BY THE NUMBERS Its net profit was 193.5 million zlotys ($53 million), beating […]
Nvidia (NVDA) sent a memo to Wall Street analysts over the weekend arguing that it is not engaged in vendor financing, a controversial practice in which suppliers invest in or extend loans to their own customers. Famed short sellers Jim Chanos and Michael Burry aren’t so sure. Nvidia wrote a seven-page document — first reported […]
AI stocks aren’t in a bubble — they’re just getting started. That’s the message from Wedbush analyst Dan Ives, who argues that investors are misreading one of the most significant technology build-outs since the dawn of the internet. “[It’s] still very early in this AI revolution,” Ives told Yahoo Finance’s Opening Bid. “Only 3% of […]
Nvidia (NVDA) stock fell 2.6% Tuesday after a report indicated that the AI chipmaker could soon see greater competition from its own customer, Google (GOOG, GOOGL). The Information reported on Monday that Google is in talks with Meta (META) for the Facebook parent to spend billions of dollars to use its AI chips in data […]
HP Inc. (HPQ) is doubling down on artificial intelligence — and betting it will replace thousands of jobs in the process. “There are many things that today we have to do using people … that in the future AI will do better and will do faster,” CEO Enrique Lores told Yahoo Finance (video above). It’s […]
Bitcoin (BTC-USD) is struggling to gain momentum as it heads toward its worst month since May 2022. As prices hover above $89,000 per token, or roughly 29% off their October all-time highs of more than $126,000, the cryptocurrency’s problems don’t appear to be easing. And three key challenges for bitcoin have emerged as investors and […]
Apple Inc. has eliminated dozens of sales roles in a bid to streamline the way it offers products to businesses, schools and governments, marking a rare layoff for the iPhone maker. Management notified the affected workers over the past couple of weeks, according to people familiar with the matter. The cuts extended across the sales […]
