As I expected, from Nvidia (NASDAQ: NVDA) rocket-ship rally is starting to stall, with shares down about 21% over the past 30 days. And while Nvidia is still a great company, the combination of a high valuation and low diversification leaves room for continued downside. Let’s investigate the impact of recession fears and fatigue due … Read more
SINGAPORE (Reuters) – After a turbulent week on global markets, the worst of the sell-off may be over but investors should “keep a tight rein on large price-sensitive assets for now”, said Tony Pasquariello, global head of hedge fund reporting at Goldman Sachs. In a client note issued on Wednesday and seen by Reuters, Pasquariello … Read more
Intel’s dire fate could have been different if the company had invested just once. In 2017 and 2018, the tech company had the opportunity to buy a 15% stake in OpenAI for $1 billion, Reuters reported, citing four people with direct knowledge of the discussions. Additionally, Intel could have bought another 15% stake if it … Read more
If you are a stock market bull, you must have enjoyed Wednesday’s opening. It was the best part of the day. Stocks soared to their highs of the day within half an hour of the open, and spent the rest of the day giving up all their gains. At 10 a.m., the Standard & Poor’s … Read more
Cindy Ord/Getty Images for Yahoo; iStock; Rebecca Zisser/BI The fear indicator on Wall Street has pulled back after a historic rise earlier this week. The VIX hit its third-highest level on Monday, amid a violent unwinding of the yen carry trade. According to Fundstrat’s Tom Lee, the extent to which the VIX has fallen since … Read more
Billionaire Sells Home for 65% Off: Is the Ultra-Luxury Real Estate Market in Trouble? Benzinga and Yahoo Finance LLC may earn commissions or revenues on certain items via the links below. Not every dream home has a dream outcome. Billionaire Scott McNealy, co-founder of Sun Microsystems, has sold his Silicon Valley mansion for a hefty … Read more
Sam Dogen retired at age 34, returned to work at age 46, and retired again four months later at age 47.Sam Dogen Sam Dogen took early retirement at age 34, returned to work after ten years, and retired again after four months. Dogen sought additional income at a startup in San Francisco, but was met … Read more