Author: franperez66q@protonmail.com
Next week will test whether the AI rally can hold as fears of rising inflation grow. Stocks have been ripping higher thanks to a revival in enthusiasm around artificial intelligence. Since its March low, the S & P 500 has rallied roughly 19% to top 7,500 this week for the first time ever. Chip stocks, and especially memory, are responsible for that advance. Take note that the Roundhill Memory ETF (DRAM) , which has Micron Technology , SK Hynix and Samsung as its largest holdings, has already ballooned to $10 billion in assets under management, after only launching a little…
Exclusive-At Samsung, the global AI boom spurred a looming strike and deep divisions Source link
The Roundhill Memory ETF (DRAM) just hit $9.8 billion in assets under management in 43 days— the fastest pace ever for an exchange-traded fund, according to TMX VettaFi.Ahead of Thursday’s milestone, the CEO of Roundhill Investments told CNBC’s “ETF Edge” the rapid growth is tied to the limited number of companies involved in producing high-bandwidth memory or DRAM chips. They’re considered integral to the artificial intelligence revolution.”Investors are waking up to the fact that the biggest bottleneck in the AI build-out is actually memory chips,” Dave Mazza said Monday. “There’s an incredible amount of supply and demand imbalance with memory…
Reform says it is “proud” of the move, but the Conservatives have branded it “performative”. Source link
The logo for the Food and Drug Administration is seen ahead of a news conference at the Health and Human Services Headquarters in Washington, April 22, 2025.Nathan Posner | Anadolu | Getty ImagesThe U.S. Food and Drug Administration is shuffling its top drug and biologics regulators, according to a memo seen by CNBC, days after the departure of former commissioner Marty Makary. Acting director of the FDA’s Center for Drug Evaluation and Research Tracy Beth Høeg and acting director of the Center for Biologics Evaluation and Research Katherine Szarama will leave their roles, according to the memo. The two divisions…
YouTube, Snap settle school district’s social media addiction claims Source link
An attorney for authors confirmed on Thursday that “authors and other copyright holders filed claims covering over 92% of the more than 480,000 works included in the settlement.” But objectors maintain that lawyers’ pay should reflect the total number of claimants, not the total amount in the settlement fund. By urging the court to make “reasonable and fair adjustments” to lower attorney fees, Story is hoping to increase compensation to authors. Offering an example, he noted that “a still-generous Counsel payout of $70 million would yield a nearly 25 percent increase in individual Plaintiff awards, while Counsel would still receive…
Three interventions by three senior Labour politicians made for an unforgettable day in British politics. Source link
A JetBlue aircraft lands under the DC skyline featuring the U.S. Capitol building, near United Airlines, American Airlines and Delta Airlines aircraft on the tarmac at Ronald Reagan Washington National Airport in Arlington, Virginia, U.S. January 25, 2025. Jim Urquhart | ReutersThe Federal Aviation Administration said Friday it was sharply reducing its target for air traffic control staffing as it vowed to modernize scheduling and increase the time employees spend managing traffic.The FAA said its new target is 12,563 certified controllers, down from 14,633. A National Academies of Sciences report last year said overtime costs for air traffic controllers, have…
Consumers sue Amazon for not refunding Trump tariff costs Source link