Author: i2wtc

Nvidia shares fell early Wednesday as the chipmaker remained vulnerable to profit-taking and worries about export controls. Nvidia shares were down 0.6% to $121.96 in premarket trading after closing down 1.3% on Tuesday. Nvidia shares have risen 148% this year through Tuesday’s close. S&P 500 Index and 20% increase Nasdaq Composite Index However, shares have fallen from recent intraday highs of more than $140. “We believe the current backlash against NVIDIA is centered around real end-market demand for AI GPUs. [graphics-processing units]”Demand for AI chips will likely weaken, particularly due to further restrictions on shipments to China and delays in…

LAS VEGAS — Of course Caitlin Clark cussed, and Caitlin Martin didn’t expect anything less. On May 25, WNBA rookies Clark of the Indiana Fever and Martin of the Las Vegas Aces faced off against each other for the first time in their professional careers. Martin was serious about it, but Clark was not. “She’s not very good at basketball,” Clark told the referee, handing the ball to Martin, who choked back a laugh. Then it was Clark’s turn to smile. The 2024 WNBA No. 1 pick couldn’t help but smile as she realized it was her turn to defend…

Image source, Getty ImagesArticle informationauthor, Michael Racerole, BBC News Business Reporter3 July 2024 11:36 BSTUpdated 30 minutes agoGreece has introduced a six-day work week in certain industries to boost economic growth.A new law that came into effect at the beginning of July allows employees to work up to 48 hours a week instead of 40. It only applies to businesses that operate 24 hours a day, is voluntary for workers, and employees who work overtime are paid an extra 40 percent. But the Greek government’s move is at odds with workplace culture in other parts of Europe and the United…

Pakistan decides to accept 100 Gaza medical students as Israel war enters 10th month ISLAMABAD: As Israel’s war against the Palestinian people enters its 10th month, the Pakistan Medical and Dental Council (PMDC) on Wednesday announced its decision to allow around 100 medical students from the Gaza Strip to complete their education in the country.PMDC, the statutory regulatory body overseeing medical and dental care in Pakistan, discussed the issue in a recent meeting following a request from the Pakistan High Commissioner in London to admit these students in medical colleges in the country.Israel launched air and ground strikes and placed…

Jammu: BJP national president and Union Minister JP Nadda will visit Jammu on July 6 to launch the party’s work by announcing plans for the upcoming state assembly elections in Jammu and Kashmir. Nadda, who will be receiving a warm welcome in Jammu following the BJP’s third consecutive victory, will be reviewing the party’s work.The move is crucial as the Election Commission of India (ECI) will begin updating the electoral rolls of union territories, paving the way for assembly elections in Jammu and Kashmir and other states.”Nadda will arrive in Jammu to take stock of the party’s functioning and discuss…

Gary Rausch of College Park, Maryland, protests outside the Supreme Court after the verdict was handed down in Washington, Monday, July 1, 2024. (AP Photo/Jacqueline Martin) Fight disinformation: register for free Mother Jones Daily Subscribe to our newsletters to follow the news that matters to you. on monday, The Supreme Court ruled 6-3 that former President Donald Trump has broad immunity from prosecution for crimes he allegedly committed while in office. The majority decision drew sharp dissent from the court’s three liberal justices. “The president is now a king above the law,” Justice Sonia Sotomayor wrote, concluding that she “fears…

Someone must have turned America upside down because this country makes no sense.President Joe Biden’s terrible performance in last week’s debate reinforced concerns about his age and mental acuity. This is true, and it has Democrats asking themselves fair and serious questions about the best path forward.That makes sense.This is a mature, reasonable response, similar to the reaction you would expect from a mature, reasonable person if, to take a random example, a presidential candidate from one political party was convicted of 34 felony counts of falsifying business records and found liable for sexual assault and defamation.Democrats say: “Our candidate…

As the movie “A League of Their Own” famously made clear, crying may not be allowed in baseball, but there was plenty of heartfelt emotion on WDIV-TV as Local 4 News said goodbye to longtime sportscaster Bernie Smilovitz on Monday night.In late May, the network officially announced that Smilovitz, along with reporters Mara McDonald and Paula Tatman and business editor Rod Meloni, were leaving through a voluntary separation program that was also paid to several off-air employees.Smilovitz, who established her upbeat style with regular segments like “Weekend at Bernie’s” and “Bernie’s Bloopers,” joined the network in 1986 and, except for…

Hong Kong CNN — Investors have been flocking to Chinese government bonds, sending bond prices soaring and yields to record lows, as they seek safer alternatives to the country’s battered property market and volatile stock prices. The yield on China’s 10-year onshore government bonds, a benchmark for broader interest rates, hit 2.18% on Monday, the lowest since records began in 2002. Yields on 20- and 30-year bonds are also hovering near record lows. Bond yields, or the return that holding a bond offers investors, fall as prices rise. Lower borrowing costs are welcome for an economy struggling to recover from…

Excitement over artificial intelligence (artificial intelligence) will continue to lead the technology sector in 2024. As a result, Nasdaq Composite Index Stock indexes have risen nearly 20% to record highs. This surge confirms the adage that “the best time to plant a tree was 20 years ago. The second best time is now.” This resonates strongly in today’s market, making it a good time to buy, especially in hard-hit tech stocks. Despite investor enthusiasm driving stock prices higher, smart investors can still find opportunities in undervalued tech stocks that could recover quickly. Whether recent stock price declines are due to…