Author: franperez66q@protonmail.com
Jensen Huang, CEO of NVIDIA, speaks during a press conference after arriving at Gimpo International Airport in Seoul, South Korea, on June 5, 2026. Chris Jung | Nurphoto | Getty ImagesShares of Nvidia have been faltering recently — and Kalshi traders predict that what the company can charge for chips is also declining.While the artificial intelligence chipmaker is up about 12% in 2026, shares have been skidding in the past month, losing roughly 3%. In comparison, the VanEck Semiconductor ETF (SMH) is up 84% this year, and the fund has advanced 15% in the past month.Nvidia has sat on the…
Alvaro Gonzalez | Moment | Getty ImagesA lack of available childcare could cost the U.S. economy up to $329 billion over the next 10 years, a 2025 Bipartisan Policy Center report found.One untapped way for families and the businesses that employ them to save on those costs could be through existing tax incentives, according to a new report from the U.S. Congress Joint Economic Committee — Minority. Just 13% of private sector workers have access to childcare benefits through their employers, according to the report. Moreover, existing childcare tax incentives are underused or difficult for businesses and their employees to…
Tesla crash under federal investigation after fatal accident Source link
Pray to RNG gods According to Valve, the worldwide shortage of memory and storage isn’t just a problem for prices. The company was, at times, unable to get the parts it needed to build Steam Machines at any price, which has impacted the number of machines it has available. That won’t be a surprise to anyone who has been trying to snag a Steam Deck in 2026, but it means you won’t be able to just buy a Steam Machine on a whim. In order to combat resellers and keep things fair, Valve will use a randomized reservation setup. There’s…
Prime Minister Sir Keir Starmer has resigned as Labour leader and Andy Burnham has been sworn in as MP for Makerfield. Speaking outside No 10 this morning, Starmer thanked his wife in an emotional speech, after describing becoming prime minister as the “proudest moment” of his life. Starmer also said he has spoken to the King and if there is a contest to succeed him, a new Labour leader would be in place before Parliament returns in September. The former Mayor of Greater Manchester, Andy Burnham, who travelled from Manchester to London to be sworn in as MP today, confirmed…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Stocks were lower on Monday, with the S & P 500 and Nasdaq giving up their earlier gains. Real estate, health care, industries, utilities, and energy traded solidly in the green, while communications services and consumer discretionary were the laggards. It was interesting to see energy stocks move higher while consumer discretionary slipped, even as WTI crude was on pace to close below $75 per barrel for the first time since…
Vimeo owner Bending Spoons seeks $1.62 billion US IPO, sources say Source link
Google is on pace for its worst day on the stock market in a year, as artificial intelligence concerns have mounted and two high-profile researchers departed for rivals in recent days.Shares of parent company Alphabet slid 7% on Monday morning, underperforming both the Nasdaq and the rest of their megacap peers.The brain drain concerns began last week when Google’s vice president of engineering and a co-lead of its Gemini AI models, Noam Shazeer, announced Wednesday that he was leaving the company to join rival OpenAI. Shazeer’s departure came less than two years after he returned to Google. In August 2024,…
Senator Elizabeth Warren, a Democrat from Massachusetts, speaks to members of the media in the Senate Subway at the US Capitol in Washington, DC, US, on Tuesday, May 19, 2026. Al Drago | Bloomberg | Getty ImagesThe Senate on Monday is expected to vote on passage of a bipartisan affordable housing bill that would limit the number of single-family homes major investors can purchase, after months of debate spanning both chambers of Congress.The vote comes after lawmakers reached a deal last week on the bill, which is aimed at increasing the supply of homes while limiting private equity’s influence on…
After an up-and-down week for stocks around SpaceX and Federal Reserve chairman Kevin Warsh’s debut, investors will get a fresh read on the pulse of the sector still at the heart of the bull market: semiconductors.On Tuesday, AI chipmaker Cerebras will report earnings after the bell – the company’s first since going public last month. The stock’s down almost 30% from its first day of trading and options prices imply a 11.5% move after its report. On Wednesday, it’s Micron reporting, a key test for the stock that’s been symbolic of the explosive move higher in memory names that’s been…