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Nvidia (NVDA) is the AI king. Its share of the global AI chip market is estimated at anywhere between 70% and 90%. Its high-powered graphics processors, which are perfect for training AI models and putting them to work, are in such demand that getting them is a task all its own. In June, with the AI craze in full swing, Nvidia’s market cap eclipsed the $1 trillion mark. And on Friday, shares of the company hit an all-time high of $549.91. It’s not just Nvidia’s hardware that helps it… Source link

[unable to retrieve full-text content]Stock market today: US futures climb as techs power higher again  Yahoo Finance Source link

Is Purdy a problem? Change is coming in Buffalo | Sunday Night Blitz Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

The cryptocurrency market is currently worth $1.6 trillion, and Bitcoin (CRYPTO: BTC) accounts for 50% of that total. Bitcoin dominance (i.e., the market value attributable to Bitcoin) was also 50% five years ago, though it has ranged from 38% to 70% during that time period. With that in mind, Morningstar analyst Michael Miller expects the cryptocurrency market to soar 300% to $6.4 trillion by 2032. If Bitcoin dominance stays at 50%, the implied upside for Bitcoin would also be 300%…. Source link

After Brock Purdy’s clutch comeback moment vs. Packers, what are his doubters going to say now? Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

DAMASCUS, Syria (AP) — An Israeli strike on the Syrian capital on Saturday destroyed a building used by the Iranian paramilitary Revolutionary Guard, killing at least four Iranians, Syrian and Iranian state media reported. The Syrian army said the building in the tightly guarded western Damascus neighborhood of Mazzeh was entirely destroyed, adding that the Israeli air force fired the missiles while flying over Syria’s Israeli-occupied Golan Heights. The Israeli military did not comment… Source link

MLB free agency 2023-24 tracker: Astros, Angels both add top relievers Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

Shawn Barber, Canadian world champion pole vaulter, dies at age 29 Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Advertisement Source link

This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: It’s a market hyper attuned right now to anything that suggests there won’t be a large number of interest rate cuts from the Federal Reserve in 2024. Should that investment thesis be dinged, well, stocks will be dinged. As to the driver of that dinging? Hotter-than-expected economic data, which is currently unfolding. A week ago, investors had to digest a… Source link

Several of the nation’s best-known midsized lenders reported sizable drops in profits during the fourth quarter, a reminder of how challenging 2023 was. The problem is that things aren’t expected to get much better in 2024. The stock of Discover Financial Services (DFS) fell 11% Thursday after it reported that earnings fell 62% from the year-ago period. KeyCorp (KEY) fell by more than 4% after it said profits dropped 36%. Truist (TFC) rose slight after falling for most of the afternoon. It… Source link