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The need for graphic processor chips has led rivals to think they can compete with Nvidia in selling so-called AI inference chips that are more attuned to the day-to-day running of AI tools and designed to reduce some of the huge computing costs of generative AI.

n the four days post-Election Day, while U.S. stocks rose nearly 4%, gold fell over 4%. Despite this, investors expect Trump’s policies to raise tariffs and cut taxes.

The case centers on whether plaintiffs meet the higher standards set by the 1995 Private Securities Litigation Reform Act for filing fraud lawsuits.

European search engines Ecosia and Qwant have teamed up to create a European search index to reduce reliance on Google and other U.S. tech giants.

With businesses still recovering from pandemic-era hiring challenges, deporting millions of workers risks wage inflation, reduced consumer spending, and economic instability.

Nissan’s CEO Makoto Uchida, taking a 50% pay cut to shoulder responsibility, assured stakeholders that a turnaround plan is underway.

Donald J. Trump’s proposal for mass deportations, including both documented and undocumented immigrant workers, could have significant economic consequences.

Musk has long been a supporter of Trump, both financially and rhetorically, and this alignment is paying off for Tesla investors. As the CEO of Tesla, SpaceX, and X (formerly Twitter), Musk’s political connections have the potential to significantly impact Tesla’s stock, for better or worse.

Nvidia has seen explosive growth, with its stock soaring over 850% since the end of 2022, largely due to its dominant role in the AI sector.

In the energy sector, U.S. benchmark crude oil rose by $1.41 to $70.90 a barrel on the New York Mercantile Exchange, while Brent crude increased by $1.37 to $74.47.

The U.S. economy grew at an annualized rate of 2.8% in the third quarter of 2024, driven by strong consumer spending, according to the Commerce Department.

When inquired about the possibility of two additional rate cuts this year, no executive on a panel comprising the leaders of Goldman Sachs Group Inc., Morgan Stanley, Standard Chartered Plc, Carlyle Group Inc., Apollo Global Management Inc., and State Street Corp. raised their hands. A majority concurred that an additional reduction may occur by the conclusion of 2024.