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Competition Is Growing, but Is Nvidia Really in Trouble? This Numbers Suggests It Isn’t
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….
BVNK partners with Marqeta to expand stablecoin tech
Key insight: BVNK and Marqeta are collaborating to make stablecoins easier to use for payments. What’s at stake: Stablecoins are rarely used at the point of sale, but payment companies and banks are betting that will change in the future. Forward look: Through Mastercard’s ownership of BVNK, the firm will work with Marqeta to support…
Porsche plans another 5,000 job cuts, German media report
Porsche plans another 5,000 job cuts, German media report
Marc Benioff Goes on the Offensive: ‘This Is Not the SaaSpocalypse’
Marc Benioff is going on the offensive about the so-called SaaSpocalypse. “This nonsense of this SaaSpocalypse, I think it’s time for it to stop,” the Salesforce CEO said during the company’s second-quarter earnings call on Wednesday. Benioff used the call to push back on fears that AI threatens traditional software companies. “Our seats were supposed…
Canadian home sales inch higher
“June’s housing numbers continued to build momentum following the late start to the year in May, with virtually every metric moving in the right direction,” said Shaun Cathcart, CREA’s senior economist. “Fixed mortgage rates have eased from their peak in April, and rate hikes from the Bank of Canada this year are much less likely…
