Tag Archives: invest

A novel way to maintain strong friendships? Creating a joint bank account. That’s the advice Madison Machen received last year while chatting with her seat-mate on a flight to New York. The woman was on her way to meet her best friend on one of their periodic trips. The trip, she told Machen, was funded by her joint account with …

Intel‘s shares surged 23% on Thursday, its biggest single-day increase since 1987, after Nvidia said it would buy $5 billion of its common stock as part of a partnership between the chipmakers. The pair said they would jointly develop custom products, with Nvidia integrating custom Intel CPUs into its AI infrastructure for data centers, and Intel integrating Nvidia’s graphics processors …

Nvidia, the semiconductor company powering the artificial intelligence revolution, said Thursday that it was buying a $5 billion stake in ailing rival Intel. The two companies will also begin a partnership to develop chips together for PCs and data centers. Intel shares surged 23% on the announcement, lifting its stock market value to $143 billion. The stock is now up …

A Wave of Crypto ETFs Are on the Horizon 17 minutes ago The Securities and Exchange Commission has paved the way for a flurry of new crypto-related exchange-traded funds. The SEC late Wednesday announced that it approved generic listing standards for commodity-based exchange-traded products, fast-tracking the approval for crypto funds. By approving the standards across Nasdaq, Cboe BZX, and NYSE Arca, the SEC …

Nvidia, the world’s leading chipmaker, announced plans to invest $5bn in Intel and collaborate with the struggling semiconductor company on products. One month after the Trump administration confirmed it had taken a 10% stake in Intel – the latest extraordinary intervention by the White House in corporate America – Nvidia said it would team up with the firm to work …

Nvidia, the world’s leading chipmaker, announced on Thursday that it’s investing $5 billion in Intel and will collaborate with the struggling semiconductor company. Nvidia said it will spend $5 billion to buy Intel common stock at $23.28 a share. The investment, which is subject to regulatory approvals, comes a month after the U.S. government took a 10% stake in Intel. …

Undeterred by the recent ICE raid that rounded up hundreds of its workers in Georgia, Hyundai announced a fresh slate of investments in the US, including $2.7 billion into the EV battery factory where the raid took place. The automaker also plans to release a range of new electrified models, including extended-range EVs and over a dozen hybrid vehicles by …

Intel Stock Soars 28%. Nvidia to Invest $5 Billion in Chip Maker.  Barron’s Nvidia to Buy $5 Billion Stake in Intel  The New York Times NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products  NVIDIA Newsroom Nvidia to invest $5 billion in Intel and co-develop chips  Axios Intel’s stock is soaring. Why Nvidia is investing $5 billion in the chip maker.  MarketWatch Source …

A record-breaking £150bn package of US investment into the UK has been announced during US President Donald Trump’s state visit. The UK government is calling this the largest commercial deal of its kind and expects it to create more than 7,600 “high-quality jobs” across the country. A large majority of the money will come from Blackstone, the world’s largest alternative …

Disney to Invest in Webtoon Entertainment With Plan for New Comics Platform  The Wall Street Journal Webtoon shares jump more than 35% on deal to create digital comics platform for Disney’s Marvel and Star Wars  CNBC Webtoon Shares Soar on Disney Digital Comics Partnership Deal for Marvel, ‘Star Wars’ Content  The Hollywood Reporter Webtoon Shares Soar on Disney Investment, Web Comic Venture  Bloomberg.com DISNEY …