Articles for author: The whipping post

Jensen Huang Explained $500 Billion of Wall Street Money in Five Words

Key Points Announcing platforms meant to mobilize more than $500 billion, Nvidia CEO Jensen Huang said: “In AI, compute is revenue.” Nvidia calls its compute fungible, transferable across customers and operators, and continuously improved through CUDA software. The announcement doesn’t say who bears the loss if a compute-backed borrower defaults. 10 stocks we like better ...

This Dividend Aristocrat Posted Record Quarterly Results

Everybody loves dividends, as they provide a passive income stream, limit drawdowns in other positions, and provide more than one way to profit from an investment. And when considering dividend-paying stocks, those with a history of boosting their payout are prime considerations, reflecting their commitment to increasingly rewarding shareholders. And when it comes to a ...

Noteworthy Friday Option Activity: CBL, AAOI, MSFT

Among the underlying components of the Russell 3000 index, we saw noteworthy options trading volume today in CBL & Associates Properties Inc (Symbol: CBL), where a total of 4,315 contracts have traded so far, representing approximately 431,500 underlying shares. That amounts to about 152.6% of CBL’s average daily trading volume over the past month of ...

Solana Has Plans to Become 'The Netflix of Finance.' What Does That Mean for the Price of SOL?

Key Points The Solana Foundation claims Solana can bring financial companies together in the same way Netflix unified movie producers. Plenty of challenges could derail those ambitious plans. 10 stocks we like better than Solana › Solana (CRYPTO: SOL) is often compared to Ethereum (CRYPTO: ETH). Both blockchains support smart contracts, which are used to ...

Why Is General Motors Resuming EV Battery Production in Ohio?

General Motors Company GM is set to restart battery cell production at its Ultium Cells facility in Warren, OH, following a seven-month shutdown triggered by weaker consumer demand for electric vehicles. Ultium Cells, a joint venture between General Motors and LG Energy Solution, will resume operations on its assembly lines next week, per Reuters. Once ...

Best Growth Stocks to Buy for August 14th

Here are three stocks with buy ranks and strong growth characteristics for investors to consider today, August 14th: Norwegian Cruise Line Holdings Ltd. NCLH: This cruise company carries a Zacks Rank #1, and has witnessed the Zacks Consensus Estimate for its current year earnings increasing 2.1% over the last 60 days. Norwegian Cruise Line Holdings ...

Global Electric Vehicle Sales Diverged In July

Key Points Theglobal marketfor electric vehicles (EVs) was either summer-hot or frosty-cold in July, with sharp differences across regions. All in all, however, demand for both EVs and plug-in hybrid electric vehicles (PHEVs) continued to rise. Let’s break this down a bit and flag a company or two that stands to benefit from the recent ...