Wednesday, 12 June 2024

Morgan Stanley Picks This Taiwanese Chip Designer As 'Unique Nvidia Proxy'

They anticipate Aspeed will gain additional traction in smart city and factory projects, which should positively influence the company's gross margins.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 
 
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Morgan Stanley Picks This Taiwanese Chip Designer As 'Unique Nvidia Proxy'

They anticipate Aspeed will gain additional traction in smart city and factory projects, which should positively influence the company's gross margins. More Info ➔
Stock splits: The strange exception where a lower stock price can be better for investors

NEW YORK (AP) — In some rare cases, a lower stock price can actually be a boon for investors. More Info ➔
Warren Buffett's "Mystery Stock" - Ad

Billionaires are plowing millions of dollars into a new technology that early estimates say could generate more wealth than A.I. -- and determine the future of companies like Microsoft. The problem? Most investors have no idea it's happening, or how to profit on it. This expert just went public with all the details, including which stocks to jump on immediately. More Info ➔
Southwest Airlines CEO says he won't resign. A hedge fund is trying to get him fired

DALLAS (AP) — The CEO of said Wednesday he will not resign in the face of pressure from that wants him fired and that his leadership team will produce its own plan to boost the airline's . More Info ➔
Apple Intelligence To Be Limited To iPhone, iPad and Macs And Won't Make Its Way To Watch, TV And Vision Pro

Apple announced its new AI initiative, Apple Intelligence, at WWDC 2024, but it will initially be available only on iOS 18, iPadOS 18, and macOS Sequoia, excluding tvOS, watchOS, and visionOS platforms. More Info ➔
The No. 1 Crypto for 2024 - Ad

It's expected to soar 20X bigger than Bitcoin. Buy it now for $20.
What the new 'buy now, pay later' rule means for small businesses offering the service

NEW YORK (AP) — “Buy now, pay later” services are a popular way that shoppers pay for goods. More Info ➔
Judges hear Elizabeth Holmes' appeal of fraud conviction while she remains in Texas prison

SAN FRANCISCO (AP) — A panel of federal judges spent two hours on Tuesday wrestling with a series of legal issues raised in an attempt to overturn a fraud conviction that sent Theranos CEO Elizabeth Holmes to prison after a meteoric rise to Silicon Valley stardom. More Info ➔
PGA Tour reports 'progress' without details in meeting with Saudi wealth fund leaders

The PGA Tour reported progress without details from a face-to-face meeting between its negotiating committee and the Public Investment Fund of Saudi Arabia as it tries to work toward a deal. More Info ➔
Trump's Niece Says Insane To Pardon 'Convicted Criminal Who's Trying To Destroy America': 'Absolutely Terrible Idea'

Donald Trump's niece Mary Trump recently slammed the idea of pardoning the ex-president after he was found guilty in the first of his four criminal trials. More Info ➔
Nvidia Is Pivoting to Solve Big Tech's $1 Trillion Problem - Ad

Nvidia is the hottest company in the world thanks to its chip business. But here's the thing: Nvidia is making a massive $1 trillion pivot ... To solve AI's biggest problem. But it's not making this move by itself. A new set of companies are partnering with Nvidia in this trillion-dollar venture. More Info ➔
Donald Trump Ally Kari Lake Sparks Controversy With Speech In Front Of Confederate Flag: 'They Stole Our Government'

Republican Senate candidate Kari Lake sparks controversy by speaking in front of a Confederate flag, echoing debunked election fraud claims. More Info ➔
Germany hosts recovery conference for Ukraine before a peace summit in Switzerland

BERLIN (AP) — Germany is hosting a conference on Tuesday to gather support for Ukraine's recovery from the , sending a new signal of solidarity with Kyiv at the start of a week of intense diplomacy. More Info ➔
Apple's AI-Powered Growth To Trigger 10% Revenue Surge By 2025, Predicts Gene Munster: 'This Is Just The Start Of Apple's Next Growth Chapter'

Apple is poised for a significant growth spurt, driven by its artificial intelligence capabilities, according to Gene Munster, a prominent tech analyst. More Info ➔
Donald Trump Isn't A Convicted Felon Just Yet And Can Still Pursue These Options To Fight Damning Verdict, Says Yale Law Professor

A Yale Law professor suggested an alternative strategy for former President Donald Trump's legal team following his recent guilty verdict. More Info ➔
Denmark recalls 3 spicy instant noodle soup brands from South Korea used in online food challenges

COPENHAGEN, Denmark (AP) — Food authorities in Denmark have recalled three types of spicy instant noodle products imported from South Korea over possible risks for “acute poisoning.” Consumers are asked to discard them or return the noodles to the retailer. More Info ➔
Inflation data this week could help determine Fed's timetable for rate cuts

WASHINGTON (AP) — After Federal Reserve officials meet this week, a statement they will issue may suggest that they’ve seen meaningful this year — a prelude to eventual interest rate cuts. More Info ➔

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