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Nvidia’s CEO did a Q&A with analysts. What he said and what Wall Street thinks about it.

Investors have closely watched Nvidia’s week-long GPU Technology Conference (GTC) for news and updates from the dominant maker of chips that power artificial…
Investing

Nvidia CEO says he was wrong about timeline for quantum, surprised his comments hurt stocks

Nvidia CEO Jensen Huang on Thursday walked back comments he made in January, when he cast doubt on whether useful quantum computers would…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Darden Restaurants sales disappoint as Olive Garden, LongHorn Steakhouse miss expectations

Darden Restaurants on Thursday reported weaker-than-expected sales as Olive Garden and LongHorn Steakhouse underperformed analysts’ projections. Shares of the company were up in…
Investing

Art created autonomously by AI can’t be copyrighted, federal appeals court rules

A federal appeals court ruled that art created autonomously by artificial intelligence cannot be copyrighted, saying that at least initial human authorship is required…
Investing

How new professional sports leagues like SailGP are putting women at the fore

As women’s sports surge in popularity, professional leagues are increasingly touting the value of female athletes. New professional leagues like SailGP are…
Investing

Klarna lands buy now, pay later deal with DoorDash, notching another win ahead of IPO

Klarna, the buy now, pay later lender that’s headed for an initial public offering, said on Thursday that it’s signed on DoorDash as a partner,…
Economy

How billionaire Caltagirone could influence Italy’s banking M&A wave

MILAN (Reuters) -Italian billionaire Francesco Gaetano Caltagirone has emerged as a leading player in the reshaping of Italy’s financial sector that is…
Investing

Amazon AI scammers duped investors out of millions with ‘passive income’ scheme, FTC alleges

The Federal Trade Commission is going after an e-commerce company that allegedly took millions of dollars from consumers as part of a…
Investing

First the token, now the swipe: NYC’s subway system to stop selling MetroCards

The Metropolitan Transit Authority will stop selling and refilling those formerly-ubiquitous MetroCards by the end of the year in favor of the OMNY…
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