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Nvidia surge brings memories of Tesla rally, as investors move from chasing electric vehicles to artificial intelligence

scmp.com Back then, Elon Musk’s company was a phenomenon as it blew past established carmakers like General Motors and Ford Motor in market capitalisation to become America’s biggest…

As Nvidia surge echoes Tesla rally of 2020, investors wonder if AI will see slowdown like the one hitting EVs: ‘Logic takes a backseat’

fortune.com Nvidia Corp.’s rise is captivating the stock market and driving the S&P 500 Index to new highs. But it also raises cautionary reminders of another investor darling that…

Legendary rock band reveals 2024 summer tour ticket sales

thestreet.com A solid lineup of classic rock bands have scheduled North American tours this year, and by far the biggest will be the Rolling Stones' 19-show Hackney Diamonds Tour, which…

ServiceNow Leads Five Stocks Near Buy Points

investors.com , both AI enterprise-software plays, lead this weekend's watch list of five stocks near buy points. In addition to NOW and CFLT, the list includes Brazilian aircraft maker…

Actor And NBA Player Rashid Byrd Gets 90 Years To Life

deadline.com A former NBA player and actor was sentenced to 90 years to life in prison on Friday for a series of violent sexual assaults. The Los Angeles Police Department said an…

Contra Costa County pauses all-electric building requirements, natural gas ban for new construction

siliconvalley.com MARTINEZ — Contra Costa County officials will stop enforcing building codes that require most new buildings to be all-electric — at least for now. The about-face comes after…

Nvidia set to close with $2 trillion valuation as Dell stokes AI rally

finance.yahoo.com Nvidia's stock market value closed above $2 trillion for the first time on Friday after an upbeat report from Dell Technologies reignited Wall Street's AI-fueled rally.…

Nvidia set to close with $2-trillion valuation as Dell stokes AI rally

theglobeandmail.com Nvidia’s NVDA-Q stock market value was on track to close above $2 trillion for the first time on Friday after an upbeat report from Dell Technologies DELL-N reignited Wall…

This AI Stock Surged 350% In February. Is It Being Targeted By Wall Street Bets?

investors.com On Thursday, Celsius Holdings (CELH) stock surged more than 20% amid speculation of a short squeeze after the shares trended on the subreddit r/WallStreetBets site. On…

Incoming wave of AI is making buying PCs riskier for businesses

theregister.com AI PCs due to land this year could increase businesses' risk of buying the wrong tech as there is still no current AI standard for software to work with and confusion…

Fresh legal tangles surface for downtown San Jose historic church site

siliconvalley.com SAN JOSE — A downtown San Jose historic church site where a troubled real estate firm has proposed the development of two housing towers could land in a foreclosure…

Deal to buy downtown San Jose office towers points to feeble market

siliconvalley.com SAN JOSE — A high-profile office complex of two towers in downtown San Jose has been sold for a huge loss compared with its prior price in a deal that is a fresh reminder of…

Most VC-Funded Artifical Intelligence (AI) Companies in the Greater Bay Area in 2023

bizjournals.com This List includes companies that develop core/foundational artificial intelligence technology that received venture capital funding in 2023 and are located in the Greater…

Top Stocks Not Named Nvidia You Need To Know About In 2024: Here's What Investors Think About Them (Wall Street Vs. Reddit)

benzinga.com Nvidia Corp. NVDA has undoubtedly emerged as the standout performer among S&P 500 stocks in the initial two months of 2024. While the Santa Clara, California-based tech…

Outback Steakhouse parent company closes 41 ‘underperforming’ restaurants

siliconvalley.com Fans of Outback Steakhouse may be surprised to see their local restaurant permanently closed after the chain’s parent company abruptly shut down dozens of locations around…

Nvidia's directors bagged $80 million last week in a selling spree following the company's blowout results

aol.com None Some Nvidia shareholders are cashing in on the company's sustained stock surge. • None Nvidia's insider stock sale last week was the most in a month since September…

Pure Storage Posts Better-Than-Expected Q4 Earnings, Sales

investors.com Pure Storage stock got a boost in late Wednesday trading after the enterprise data storage company reported fourth-quarter earnings and sales that exceeded expectations. The…

Big Santa Clara apartment complex is bought in deal that tops $100 million

siliconvalley.com SANTA CLARA — A big apartment complex in Santa Clara near a train station has been bought for more than $100 million in a deal that suggests investors continue to scout for…

AMD, IBD Stock Of The Day, Ramps Up AI Chip Production

investors.com Chipmaker Advanced Micro Devices (AMD) is the IBD Stock of the Day as investors take in the latest artificial intelligence news. Growth for AMD stock is coming from the data…

Opening Bell: 2.28.24

dealbreaker.com Stripe's $65 billion valuation by Goldman Sachs, Sequoia shows fintech appetite is back [MarketWatch via Morningstar]The company had been valued as high as $95 billion in…

Should You Hold Nvidia (NVDA)?

finance.yahoo.com Jackson Peak Capital, an investment management firm, released its fourth quarter 2023 investor letter, a copy of which can be downloaded here. As of Q4 2023, the company has…

Kaiser expects to launch construction of new San Jose hospital in 2025: report

siliconvalley.com SAN JOSE — A brand-new Kaiser hospital in San Jose could begin construction next year, the centerpiece of the healthcare organization’s plans to replace a 50-year-old…

Uber, PG&E and union groups have spent more than half a million dollars in Assembly District 26 race

siliconvalley.com In the weeks leading up to the March 5 primary, outside groups have spent more than half a million dollars supporting three of the candidates running to replace…

Intel urges businesses to undergo AI PC facelift with vPro update

theregister.com Intel would really like businesses to buy some new PCs, and is unveiling its latest vPro platform with an exhortation for them to refresh their fleet now in order to be "AI…

Silicon Valley Goes Bankless on Bankless

bankless.com Welp, what a way to end the week. Days after Silvergate entered voluntary liquidation, startup-land's Silicon Valley Bank failed Friday in a shocking blow-up. It's hard to…

Wages in this California metro area at bottom of US pay scale

siliconvalley.com There’s a dirty secret about the fast-growth Inland Empire economy – low pay. Related Articles Economy | Silicon Valley job boom ends for now as employment growth slows…

ROHM's EcoGaN™ Adopted in the 45W Output USB-C Charger C4 Duo from Innergie, a Brand of Delta

benzinga.com Santa Clara, CA and Kyoto, Japan, Feb. 26, 2024 (GLOBE NEWSWIRE) -- ROHM Semiconductor today announced the adoption of its 650V GaN device (EcoGaN™) in the C4 Duo, a 45W…

Marin’s median home price declines 7% to $1.5 million

siliconvalley.com The median price of a detached home in Marin was $1.5 million last month, a year-over-year decline of about 7%, according to the latest data from the assessor’s office. The…

More AI for cell networks as Intel rolls out vRAN platform

theregister.com MWC Intel’s opening day at MWC is all about networks and edge compute, specifically a dedicated edge platform, a developer kit for AI models for vRAN, and a power management…

Cisco plans to chop more than 700 Bay Area jobs in latest tech layoffs

siliconvalley.com SAN JOSE — Cisco Systems, in a fresh bout of layoffs, has revealed plans to slash more than 700 Bay Area tech jobs, an ominous hint that the technology industry’s…

Philadelphia Tech Professional Falls Victim to $450,000 Cryptocurrency Romance Scam

cryptonews.com Shreya Datta, a 37-year-old tech professional from Philadelphia, has fallen victim to a cryptocurrency romance scam that left her financially ruined. The scam, commonly…

Americans have racked up a trillion dollars in credit card debt. That’s actually OK

siliconvalley.com Americans racked up a record amount of credit card debt in 2023, soaring past a trillion dollars. But a mass retrenching in consumer spending — the main driver of the US…

California’s first Amazon ‘Dash Carts’ are at Whole Foods in San Mateo

siliconvalley.com Amazon has begun testing new high-tech shopping carts at San Mateo’s Whole Foods market that scan your items as you go. When you finish shopping, you skip the cash register…

Why everyone is suddenly talking about Nvidia, the trillion-dollar company fueling the AI revolution

nbcnews.com Create your free profile or log in to save this article Create your free profile or log in to save this article The business world is increasingly banking on artificial…

VTA quests to seize properties jolt downtown San Jose entrepreneurs

siliconvalley.com SAN JOSE — Two downtown San Jose entrepreneurs say a powerful transit agency’s to-seize-or-not-to-seize real estate odyssey has harmed their respective businesses and left…

US chipmaker Nvidia hits $2tn value amid artificial intelligence boom

theguardian.com Nvidia hit a stock market valuation of $2tn on Friday as the US chipmaker capitalizes on the artificial intelligence boom. An extraordinary surge of the company’s shares had…

Sergey Brin sued by widow of pilot who died ferrying plane

theregister.com Sergey Brin and two of his businesses – Google and Bayshore Global Management – are named in a lawsuit seeking damages over the death of a pilot who attempted to ferry one…

Nvidia set to top $2 trillion valuation in first for chipmakers

siliconvalley.com By Subrat Patnaik | Bloomberg Santa Clara-based Nvidia Corp. is set to become the first semiconductor firm with a $2 trillion valuation, another milestone in its ascendancy…

There's No AI Without Nvidia. Meet the CEO Powering the Future

wired.com Talking to Jensen Huang should come with a warning label. The Nvidia CEO is so invested in where AI is headed that, after nearly 90 minutes of spirited conversation, I came…

AT&T outage triggered by company work on network expansion

siliconvalley.com By Jillian Deutsch, Todd Shields, Jake Bleiberg and Jennifer Jacobs | Bloomberg AT&T Inc. said a widespread outage that took hours to resolve Thursday was caused by “an…

Jensen Huang, the CEO of Nvidia, is on the cusp of becoming one of the richest 20 people in the world

businessinsider.com Huang, now worth nearly $70 billion, is close to entering the ranks of the world's top 20 billionaires. • Nvidia's share price surge is thanks to a boom in artificial…

Nvidia adds record $277 billion in stock market value

investing.com Nvidia added $277 billion in stock market value on Thursday, Wall Street's largest one-day gain in history after the heavyweight chipmaker's quarterly report beat…

Nvidia names Huawei a top competitor in major areas including AI chips

aol.com Editor’s Note: Sign up for CNN’s Meanwhile in China newsletter, which explores what you need to know about the country’s rise and how it impacts the world. Nvidia has named…

Nvidia crushes earnings, stock soars. Time to buy AMD?

thestreet.com Advanced Micro Devices (AMD) shares powered higher Thursday, adding to the stock's impressive year-to-date gains, as investors repriced Nvidia's chip-sector rivals following…

Santa Clara tech campus lands leases, offering hope for real estate market

siliconvalley.com SANTA CLARA — A tech campus in Santa Clara has landed some new leases, stoking some hope for a wobbly commercial real estate market in the Bay Area that is being jolted by…

Meet Nvidia cofounder Jensen Huang, whose fortune just shot up almost $9 billion

aol.com None Jensen Huang, Nvidia's cofounder and CEO, now has a net worth of about $69 billion, according to Forbes. • None Huang's fortunes have risen almost $9 billion on the…

Santa Clara's Bassett Technology Park signs leases for 3 R&D, manufacturing tenants

bizjournals.com EOTech LLC, Intevac and Evoloh Inc. have signed leases at the Bassett Technology Park in Santa Clara.

NVDA Stock Price Predictions: X Analysts Boosting Their Nvidia Price Target

investorplace.com There’s seemingly no stopping technology stalwart Nvidia (NASDAQ:NVDA). Following yet another blowout earnings performance, Wall Street analysts saw little choice but to…

Nvidia identifies Huawei as top competitor for the first time in filing

theglobeandmail.com Nvidia NVDA-Q identified Huawei as a top competitor in several categories, including artificial intelligence chips, for the first time in a filing with the Securities and…

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