Nvidia is the beating heart of the AI boom and the stock market — which sets up a big test
Nvidia is due to report earnings on Wednesday, and “a very broad universe of companies” is tied to the themes that the chip giant represents.
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Stock Indexes Retreat as Crude Oil and Bond Yields Climb
The S&P 500 Index ($SPX) (SPY) today is down -0.13%, the Dow Jones Industrial Average ($DOWI) (DIA) is up +0.15%, and the Nasdaq 100 Index ($IUXX) (QQQ) is down -0.48%. September E-mini S&P futures (ESU26) are down -0.10%, and September E-mini Nasdaq futures (NQU26) are down -0.47%. Stock indexes are under pressure today amid weakness in software and cybersecurity…
Asian Shares Mixed As Tech Selloff Deepens
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China’s Victory on Taiwan Could Hinge on a Single River
TAIPEI — In the dead of night, scores of masked military police moved a medley of defensive gear beneath flickering traffic lights and store signs. Hemmed in by rows of shophouses, they laid metal barricades, land mines, and sandbags along an intersection just a mile from Taiwan’s presidential office. Behind them, Clouded Leopard infantry fighting…
BYD Europe Expansion: Growth Driven By European Banks
Outsourcing credit lets the Chinese EV maker scale fast while leaving asset risks to lenders. This article appears in the July/August issue of Global Finance Magazine. Walk the streets of cities like Valencia or Paris, and you don’t need the data to see BYD everywhere, especially in ride-hailing fleets and private transportation. These days, the…
Merit Acquires $900M Commonwealth Team
Merit Financial Advisors, an Alpharetta, Ga.-based hybrid registered investment advisor overseeing $30.1 billion in client assets, has added another former Commonwealth Financial Network team since the LPL Financial acquisition, with a Southern California firm overseeing about $900 million in client assets. The Bridgeway Group is a nine-person team with offices in Pasadena and Covina, Calif.,…
