Author: pluginever
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Nvidia announces new AI chips as market competition heats up
Nvidia on Sunday unveiled its next generation of artificial intelligence chips to succeed the previous model, which was announced just months earlier in March. Nvidia CEO Jensen Huang announced the new AI chip architecture, dubbed “Rubin,” ahead of the COMPUTEX tech conference in Taipei. Rubin comes months after the March announcement of the upcoming “Blackwell”…
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FTSE 100 and UK stocks
Can we talk about how the movement of this index has been so strange lately? I've been following the daily movements and the stocks within it and their news and it seems to trade unlike anything else I've seen, maybe similar to Hong Kong 50 and Chinese stocks. Opening today was at 8371 which got…
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Old Disney stocks question
So my wife was gifted physical Disney stocks(certificate) when she was born (1997) and she’s wanting to sell them. Since it’s physical stocks how does she go about getting the process going? Do we contact Disney? Do we contact a broker near us? I don’t know much about stocks and I am wanting to get…
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Hold onto negative EPP stocks to offset future tax burden?
This is probably a dumb question but I am pretty new to stocks in general and trying to wrap my head around capital gains tax and how to maybe offset it. For almost six years, I've been splitting my retirement contributions into 401k and our company stock employee purchase program assuming the discount would offset…
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Reuters – “AMD launches new AI chips to take on leader Nvidia”.
TAIPEI, June 3 (Reuters) – Advanced Micro Devices unveiled its latest artificial intelligence processors on Monday and detailed its plan to develop AI chips over the next two years in a bid to challenge industry leader Nvidia. At the Computex technology trade show in Taipei, AMD CEO Lisa Su introduced the MI325X accelerator, which is set…
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How to find old stocks with only Dividend Receipt
Hopefully I’m posting this in the right place. My father passed away in April, going through all of his paperwork and working through the estate we found dividend receipts paid to me and in my name from when I was a child. Can I use just a dividend to find the stocks? And what does…
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Paramount and Skydance agree to $8 Billion merger deal with no shareholder vote
“A Paramount special committee and the buying consortium — David Ellison’s Skydance, backed by private equity firms RedBird Capital and KKR — agreed to the terms. The deal is awaiting signoff from Paramount’s controlling shareholder, Shari Redstone, who owns National Amusements, which owns 77% of class A Paramount shares, Faber said Monday. We received the…
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Google cuts at least 100 jobs across fast-growing cloud unit, sources say
Alphabet is laying off employees from several teams in Google’s cloud unit, one of its fastest-growing businesses, CNBC has learned. The company notified employees last week of the cloud cuts, with roles being eliminated in sales, consulting, “go to market” strategy, operations and engineering, according to internal correspondence viewed by CNBC. At least 100 positions…
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GitLab Inc (NASDAQ: GTLB) reported Q1 EPS of $0.03
GitLab Inc (NASDAQ: GTLB) reported Q1 EPS of $0.03, $0.07 better than the analyst estimate of ($0.04). GitLab Inc (GTLB) Tops Q1 EPS by 7c, Offers Guidance June 3, 2024 4:08 PM GitLab Inc (NASDAQ: GTLB) reported Q1 EPS of $0.03, $0.07 better than the analyst estimate of ($0.04). Revenue for the quarter came in…
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Heavily shorted stocks may see positions close across the board with shorts mitigating possible damage by “Roaring Kitty”
Keith Gill (Roaring Kitty, Deep……) who inspired 2021's epic short squeeze could have a huge position in GameStop. He reappeared Sunday night and posted a screenshot of holding 5 million shares of GME and 120K call options with a strike price of $20 that expires on 6/21. GME shares jumped in Robinhood's 24-hr exchange on…