Nvidia working on AI chip that could be sold in China: Rpt.

Nvidia (NVDA) is currently working on a new version of its Blackwell chips for the China sector, which would be compatible with current US export regulations, according to a report from Reuters. Shares of the enterprise are moving higher on Monday morning, after having trading lower most of last week. Catalyst Anchors Madison Mills and … Read more

Small enterprise funding: Head of US money institution discusses loans and closing the racial wealth gap

On this episode of, “Financial Freestyle with Ross Mac,” Sekou Kaalund, head of branch and small enterprise banking at U.S. money institution, discusses his mission-driven life. He shares his journey from aspiring to hold public office at age five to becoming an influential figure in banking. Driven by his mantra of making a difference, Kaalund … Read more

Tesla earnings preview and obstacles goings forward

Tesla (TSLA) earnings are due out tomorrow — Tuesday, July 23 — as the EV maker seeks to unveil its own robotaxi this October and rollout humanoid robots in its factories in 2025. Roth MKM senior research analyst Craig Irwin has a Neutral rating on Tesla stock with a price target of $85 per share, … Read more

shares: There's a tug-of-war in the sector, strategist says

LPL Financial chief global strategist Quincy Krosby joins Catalysts to break down the state of the sector as the second quarter earnings season is underway. “The fact of the matter is, we’re in a period, in terms of seasonality, it’s pretty dicey. Going into August it tends to be difficult. September could be difficult, particularly … Read more

company News: Amazon, Swiggy, WazirX, Wipro, Godrej, X, Meta, Nvidia, Stock sector

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Biden drops out, election looks 'much closer' with Harris, strategist says

With President Biden dropping from the race, Vice President Kamala Harris is seen as the frontrunner to be the Democratic nominee. It brings up questions about what her policies and stances will be on everything from crime to the economy. If she does win the nomination, she’s going to face a tough race with former … Read more

Nvidia, Apple price targets raised as Wall Street bullish

Nvidia (NVDA) shares are rallying in Monday’s trading session following a price target upgrade from Piper Sandler. The capital firm raised its target for the chipmaker to $140 from $120, maintaining an Overweight rating and citing “extremely strong” demand for the firm’s products. Similarly, Apple (AAPL) received a boost from Wells Fargo analysts, who raised … Read more

Trump vs. Harris: Investing strategies to consider

The trading landscape may be poised to change once more as President Biden stunned the world by saying he won’t seek re-election. The shift may cause Wall Street to reassess its view over the upcoming election as the chances for a potential second term from former President Donald Trump may be reduced against other candidates. … Read more

spending plan 2024: Economic Survey Explained In 5 Minutes | Key Highlights Of Economic Survey

The Union money management Minister Nirmala Sitharaman tabled the Economic Survey document in Parliament on Monday, July 22. Watch Live spending plan 2024 – https://youtube.com/live/tEKWPe5Tce4 Here are the key highlights of the Indian economy’s annual report: Resilient economy, inflation (food & retail), stable banking sector , Jobs, Tech, Green Energy and a lot more. #economicsurveyofindia … Read more

AI boom fading? Why IT spending data may not be adding up

The buzz around AI has been palpable on Wall Street with much focus on its performance as tech giants like Nvidia (NVDA) led a rally with massive gains. Although much excitement for the sector still exists, there are are some who are skeptical of its performance. A note from Guggenheim securities detailed data that showed … Read more