Nvidia shares climb on record buyback but stall at $232-$234 resistance
Nvidia announced a record $150 billion buyback; shares rose nearly 2%, but resistance at $232-$234 held and the stock closed at $228.86.
Nvidia announced a record $150 billion buyback; shares rose nearly 2%, but resistance at $232-$234 held and the stock closed at $228.86.
Fed's Lisa Cook warns AI and oil will sustain inflation, further rate hikes depend on data. Bowman no comment.
Michael Dell says companies must define what AI agents cannot do, as Nvidia launches a safety platform with over 100 partners.
AI agents may drive stablecoin adoption as they need programmable, 24/7 payments more than humans do.
Elon Musk endorsed a viral post predicting AGI by 2027, but traders on prediction markets still give OpenAI low odds of announcing AGI before then.
Micron reports Q4 earnings Wednesday amid high expectations; key questions include AI's impact on memory cycle and gross margin.
A funding gap signal that preceded the dot-com crash and 2008 crisis is now appearing in the AI trade, per the Wall Street Journal.
China's industrial profits rose 4.2% in August, while AI-driven growth boosted rival economies much faster.
Maye Musk says she advised Elon to stick to one venture after PayPal; he ignored her and built multiple companies now valued at $929 billion.
Bessent urged the Fed to keep an open mind on rates, citing AI productivity gains, and said Iran oil deliveries to China may end in two weeks.
Apollo's Slok warns AI assistants could spark an 'agentic bank run' by automatically shifting deposits to higher-yield fintech accounts.
China may permit Alibaba and ByteDance to buy Nvidia's RTX Pro 5500 chip, according to an unverified report.
China may let Alibaba and ByteDance buy a new Nvidia chip, a report says. NVDA stock closed at $225.07 and awaits Monday's open.
President Trump will host Anthropic CEO Dario Amodei for a private White House dinner on Sunday, days after a court upheld the Pentagon's blacklist of the AI…
Apollo's chief economist warns AI agents could sweep deposits from low-yield bank accounts to higher-yielding options, threatening bank profitability.