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Cryptocurrency News
Nvidia replaces Intel on the Dow index in AI-driven shift for semiconductor industry
by skolnesNEW YORK (AP) — Nvidia is replacing Intel on the Dow Jones Industrial Average, ending a 25-year-run for a pioneering semiconductor company that has fallen behind as Nvidia cornered the …
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(Bloomberg) — Berkshire Hathaway Inc.’s cash pile reached $325.2 billion in the third quarter, a record for the conglomerate, as Warren Buffett continued to refrain from major acquisitions while trimming …
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Berkshire’s cash sets record as Buffett sells Apple, BofA; operating profit falls
by skolnes(Reuters) – Warren Buffett and Berkshire Hathaway extended their retreat from stocks in the third quarter, selling more Apple shares and boosting cash to a record $325.2 billion, while the …
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Cryptocurrency News
Should You Buy Palantir Stock Before Monday’s News? 2 Critical Things Investors Need to Know.
by skolnesWith its recent addition to the S&P 500, Palantir (NYSE: PLTR) is taking center stage. While the company isn’t new — it was founded by Peter Thiel, Stephen Cohen, and …
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Cryptocurrency News
Billionaire Israel Englander Just Tripled His Investment in This Stock That Warren Buffett and Cathie Wood Also Own
by skolnesBillionaire money managers often have strikingly different approaches to investing. Consider Warren Buffett, whose holding company, Berkshire Hathaway, only owns about 45 stocks at a given time, and Israel Englander, …
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The past several quarters already have been pretty successful for Nvidia (NASDAQ: NVDA). The company has built an artificial intelligence (AI) empire thanks to its strengths in the technology customers …
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Cryptocurrency News
Nvidia Has Been the Undisputed King of the Artificial Intelligence (AI) Revolution. Has the Chipmaker Finally Met Its Match?
by skolnesThere’s no question that Nvidia (NASDAQ: NVDA) has been the principal beneficiary of recent advances in artificial intelligence (AI). The company’s graphics processing units (GPUs) quickly became the gold standard …
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Cryptocurrency News
Indexes jump as Amazon lifts tech and jobs data boosts rate-cut views
by skolnesReuters US stocks started November with gains even as the latest jobs came in much weaker than estimates. Job gains were the lowest since December 2020, impacted by hurricanes and …
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(Bloomberg) — Elon Musk was dealt a significant setback in a court fight over his purge of Twitter Inc.’s top executives when he took over the company in 2022. Most …