Paul Jackson

Nvidia CEO Responds to Reported AI Chip Ban in China

Nvidia Faces New Hurdles in China Market Nvidia (NVDA) CEO Jensen Huang addressed growing concerns about the company’s future in China following a report that local tech firms have been directed to avoid using Nvidia’s AI chips. The Financial Times

Gold Breaks $3,700 as Fed Rate Cut Bets Accelerate

Investors Flock to Gold Ahead of Fed Decision Gold rallied to a fresh record Monday, breaching $3,700 an ounce for the first time, as market expectations solidify around a Federal Reserve rate cut this week. A weaker dollar, down to

CoreWeave Stock Surges After $6.3 Billion Nvidia Deal Disclosure

Nvidia Commits to Multi-Billion Dollar Capacity Agreement CoreWeave (CRWV) shares surged up to 8% after the cloud infrastructure firm disclosed a $6.3 billion order from Nvidia. The agreement stems from a 2023 arrangement under which Nvidia is obligated to purchase

U.S., China Reach TikTok Framework Deal Ahead of Leadership Summit

Framework Deal Sets Stage for Ownership Shift A tentative agreement between the U.S. and China over the fate of TikTok may pave the way for U.S.-controlled ownership of the platform. Treasury Secretary Scott Bessent confirmed from U.S.-China talks in Madrid

Microsoft, OpenAI Outline New Deal as Restructuring Looms

A New Chapter in One of AI’s Biggest Alliances Microsoft (MSFT) and OpenAI have entered a non-binding agreement aimed at redefining their partnership terms, setting the stage for OpenAI to formally transition into a for-profit entity. The move marks a

Midday Movers: IonQ, Tesla, Warner Bros., Adobe, and More

IonQ Jumps on UK Approval, Analyst Day Momentum Quantum computing name IonQ surged 15% midday after receiving U.K. clearance for its acquisition of Oxford Ionics. The company also promoted its broader M&A strategy at its analyst day, boosting sector sentiment.

Apple Faces Analyst Pressure as Sentiment Hits Five-Year Low

Analyst Confidence in Apple Slips to 2020 Levels Apple Inc. (AAPL) is facing renewed skepticism from Wall Street. On Thursday, the tech giant was downgraded by both D.A. Davidson and Phillip Securities, pushing its analyst sentiment to the lowest point

Expands Quantum Portfolio With Several Startup Investments

Nvidia (NVDA) is ramping up its presence in quantum computing, making waves with three startup investments in a single week. The chipmaker’s venture capital arm participated in PsiQuantum’s newly announced $1 billion funding round, which also included heavyweights like BlackRock,

Klarna IPO Prices at $40, Valuing BNPL Giant at $15B

Klarna’s IPO Lands Above Range Swedish buy now, pay later giant Klarna (KLAR) priced its long-anticipated IPO at $40 per share, above its original $35–$37 guidance. The stronger pricing reflects solid demand, pushing Klarna’s valuation to roughly $15.1 billion. The

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