Nvidia (NVDA -4.69%) is one of the S&P 500 index’s top performers so far this year, heading for a gain of nearly 180%. The stock even reached its highest ever in recent days. This isn’t surprising considering Nvidia’s dominant position in the high-growth artificial intelligence (AI) chip market. Nvidia’s graphics processing units (GPUs) are the…
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Hong Kong has slashed its spirits tax, one of the highest in the world, as the Chinese territory seeks to boost nightlife and revive its struggling economy. The Asian financial hub, hit hard by China’s…
A night of great intimacy was followed by a painful morning in which Academy Award-winning actress Halle Berry felt like she was being attacked by razor blades. She took a trip to the doctor, who told her she had “the worst case of herpes he had ever seen,” Berry recalled. Turns out, Berry, 54, was…
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A dispiriting revenue update dampened investor enthusiasm for the company. Tuesday’s market-moving news for global luxury-goods purveyor LVMH Moët Hennessy (LVMUY -7.94%) wasn’t very encouraging. After the company published a disappointing revenue update, investors assertively traded out of its stock. At the close of the day’s action, it had lost almost 8% of its value….
Stay informed with free updates Simply sign up to the Private equity myFT Digest — delivered directly to your inbox. Private equity investors are selling second-hand stakes in ageing funds at a blistering pace this year, as pensions and endowments find ways to get out of unlisted investments amid a slump in deal activity that…
Ketanji Brown Jackson, associate justice of the Supreme Court, was welcomed with a standing ovation as she appeared virtually at Fortune’s Most Powerful Women summit in Laguna Niguel, Calif. On Tuesday. After all, she’s the first Black woman to sit on the country’s highest court. Jackson gave us details on everything from her recently released…
This article was written by Follow Experience is difficult to learn. After 30 plus years of critically analyzing the nuts and bolts of businesses as diverse as airlines, oil, retail, mining to fintech and ecommerce plus the macro, monetary and political drivers. I continue to immensely enjoy learning and applying my experience to unravel, comprehend…
Erratic behavior by the presidential candidate didn’t help inspire confidence in the company named after him. One day after seeing its stock surge, Trump Media & Technology Group (DJT -9.65%) shares tumbled sharply. They declined by almost 10% in price on Tuesday, on news that their namesake didn’t appear to be gaining ground with voters….
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