Nvidia Seals $700M Run:ai Acquisition After Antitrust Approval

Nvidia Seals 0M Run:ai Acquisition After Antitrust Approval

Run:AI, an Israeli AI software firm that draws its ties to a mysterious space program back home, has been acquired by Chipmaking giant Nvidia (NVDA, Financial) which has finally cemented its $700 million acquisition of the company as a big step towards achieving total control of AI infrastructure. Regulators on both sides of the Atlantic … Read more

Rex Ryan ‘expects’ Jets to interview him for head coach opening

Rex Ryan ‘expects’ Jets to interview him for head coach opening

Could Rex Ryan reunite with the New York Jets this offseason? On Monday, the former Jets head coach told ESPN New York’s “DiPietro & Rothenberg” show that he “expects to speak with the Jets” this offseason regarding their head coaching role. The Jets fired previous head coach Robert Saleh after their Week 5 loss to … Read more

Iran confirms arresting the Italian journalist Cecilia Sala

Iran confirms arresting the Italian journalist Cecilia Sala

DUBAI, United Arab Emirates (AP) — Tehran confirmed Monday that an Italian journalist has been arrested on charges of violating the laws of the Islamic Republic of Iran, state media reported. The country’s Ministry of Culture and Islamic Guidance, which oversees media activity, said in a statement that Cecilia Sala traveled to Iran on Dec. … Read more

Power Solutions Uplists to Nasdaq for Growth

Power Solutions Uplists to Nasdaq for Growth

https://www.tipranks.com/news/company-announcements/power-solutions-uplists-to-nasdaq-for-growth Power Solutions ( (PSIX) ) has provided an announcement. Power Solutions International, Inc. announced its uplisting to the Nasdaq Stock Market, where its common stock will trade under the symbol PSIX. This move is expected to enhance the company’s visibility, attract more investors, and increase liquidity. The uplisting is a significant milestone reflecting PSI’s … Read more

Constellation Energy Corporation (CEG) Surges 95% in 2024; Morgan Stanley Sets $321 Price Target on AI-Driven Growth Prospects

Constellation Energy Corporation (CEG) Surges 95% in 2024; Morgan Stanley Sets 1 Price Target on AI-Driven Growth Prospects

We recently compiled a list of the 10 AI News Investors Shouldn’t Miss. In this article, we are going to take a look at where Constellation Energy Corporation (NASDAQ:CEG) stands against the other AI stocks. Famously known as the “godfather of artificial intelligence”, British-Canadian computer scientist Professor Geoffrey Hinton has recently warned that the pace of … Read more

Wall Street points to losses in the final days of 2024

Wall Street points to losses in the final days of 2024

Wall Street retreated in light premarket trading Monday as the year draws to a close lacking the euphoria that pushed markets to record highs in 2024. Futures for the S&P 500 slipped 0.4% before the bell, while futures for the Dow Jones Industrial Average fell 0.3%. South Korea’s Kospi dropped 0.2% to 2,399.49 and shares … Read more

What I Got Right About Markets in 2024—and Very Wrong

What I Got Right About Markets in 2024—and Very Wrong

A broadcast of Fed Chair Jerome Powell plays on the floor of the New York Stock Exchange. – Michael Nagle/Bloomberg News I started out the year arguing that there’s no bubble in artificial-intelligence stocks. I’ve ended it concerned about froth after anything AI-related soared in price and the market as a whole reached dizzying heights. … Read more