Builders face a tougher math problem as completed inventory rises
Nvidia and Wall Street giants ink $500B AI infrastructure mega-deal
Tech investors keep seeing and hearing the same headlines about tech companies making their own chips and diversifying away from Nvidia (NVDA -4.97%)‘s high-priced products. Initially, it’s easy to see why such a scenario may appear to be a troubling one, given that tech giants have the resources to invest in their own chipmaking abilities….
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An artificial intelligence (AI)-powered homeownership platform co-founded by Martha Stewart launched in the United States Wednesday (July 29). Hint, whose co-founders also include Yih-Han Ma and Kyle Rush, is now available on Apple’s App Store, the company said in a Wednesday (July 29) press release. The home intelligence platform builds a profile of the user’s house based on public records, environmental and utility…
But with the personal consumption expenditures (PCE) price index running at 4.1% for the 12 months through May and consumer prices still up 3.5% year-over-year in June, Logan said the central bank has unfinished business. “One month of relief is not enough,” she said. “It is time to finish the job of restoring price stability.”…
Amid all the gloom and doom, there are ways to change the math in your favor.