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☆ Nvidia's rally will run out of steam next year as the chip giant's customers become competitors, analyst says
▼ + stars: | 2024-05-15 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

The DA Davidson analyst has predicted as much as a 20% decline in Nvidia stock by the end of the year. Nvidia's largest customers could turn into competition as they develop their own AI chips, Luria warned. AdvertisementMost of Nvidia's business comes from its five largest customers, Luria said, which include Amazon, Meta, Microsoft, Alphabet, and Tesla. And while some of Nvidia's customers are stockpiling its GPUs, demand is bound to run out eventually, Luria previously told Bloomberg, as firms can only accumulate so many chips. AdvertisementLuria has among few forecasters who are bearish on Nvidia stock.

Persons: Gil Luria, Davidson, Luria, —, BNN, That's Organizations: Service, Nvidia, BNN Bloomberg, Meta, Microsoft, Tesla, Apple, Bloomberg

☆ Tesla can turn around its 'trainwreck' quarter if Elon Musk stops his distractions and takes back control, Wedbush's Dan Ives says
▼ + stars: | 2024-04-04 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +3 min

Elon Musk could turn around Tesla's 'trainwreck into a brick wall," Wedbush's Dan Ives said. But better days ahead will hinge on Musk reining in his distractions and retaking control, Ives said. AdvertisementTesla may be able to turn things around after seeing a "nightmare" first quarter, according to Wedbush's Dan Ives. That's made the first quarter an "unmitigated disaster" for Tesla, Ives said in a recent note, also describing the last quarter as a "black eye" and a "trainwreck into a brick wall" for Tesla. In terms of 1Q, this was just a massively soft quarter," Ives said to BNN Bloomberg on Wednesday.

Persons: Elon, Wedbush's Dan Ives, Tesla, Ives, —, That's, We've, BNN, It's, Elon Musk's, Musk, Wedbush, Wells Organizations: Service, Tesla, BNN Bloomberg, Elon, JPMorgan Locations: China, Texas, Delaware, Wells Fargo

In an internal memo to Bell Media employees, it said news stations such as CTV and BNN Bloomberg would be affected immediately. The radio stations being sold are in British Columbia, Ontario, Quebec and Atlantic Canada. The memo, signed by Dave Daigle, vice-president of local TV, radio and Bell Media Studios, and Richard Gray, vice-president of news at Bell Media, said weekday noon newscasts at all CTV stations except Toronto would end. It is also scrapping its 6 p.m. and 11 p.m. newscasts on weekends at all CTV and CTV2 stations except Toronto, Montreal and Ottawa. Fewer than 10% of the total job cuts are at Bell Media specifically.

Persons: BNN, Dave Daigle, Richard Gray, Bell, Mirko Bibic, Bibic, ” Organizations: TORONTO, —, Bell Media, CTV, BNN Bloomberg, Bell Media Studios, Inc, Bell, CTV National News, CTV News Locations: British Columbia, Ontario, Quebec, Atlantic Canada, Toronto, Montreal, Ottawa

☆ Fact Check: No evidence Army was deployed at Dublin riot
▼ + stars: | 2023-11-27 | by ( Reuters Fact Check | ) www.reuters.com time to read: +2 min

There is no evidence that the Irish Army were deployed on the streets of Dublin on Nov. 23 to reinforce police when a riot broke out after a stabbing earlier that day. An article (archived) published by BNN Network, a website that describes itself as a news organisation operated by “the trailblazers, the guardians and the truth-seekers", claimed without evidence that the Irish government deployed the Army during the unrest. While the Irish government declined to comment on the claim, Reuters found no evidence of the authority making any such announcements. Reuters correspondent Conor Humphries, who reported on the ground during the riot, said he did not see any army presence and only police presence. The Irish Defence Forces said they did not deploy troops, nor were they requested to do so, on Nov. 23.

Persons: Conor Humphries, Read Organizations: Irish Army, BNN Network, Irish, Army, Reuters, Irish Defence Forces, Defence Forces, State, Aid, Civil Authority, Power, BNN, Garda, Thomson Locations: Dublin, Ireland, Dublin’s

☆ Investors are making the same mistake they made during the dot-com and housing bubbles, analyst says
▼ + stars: | 2023-08-02 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Investors are so excited about stocks that they're missing the bigger, grimmer economic picture. Danielle DiMartino Booth said the complacency reminded her of the dot-com and housing bubbles. She pointed to a surge in bankruptcies and mounting pressures in the bank and real estate sectors. Get the inside scoop on today’s biggest stories in business, from Wall Street to Silicon Valley — delivered daily. DiMartino Booth has made it clear she's in the latter camp for now.

Persons: Danielle DiMartino Booth, We're, BNN, DiMartino Booth, Biden, Sam, Jeremy Siegel, Paul Krugman, David Rosenberg, Jeremy Grantham Organizations: Service, QI Research, BNN Bloomberg, Nasdaq, Dallas Fed, Federal Reserve Locations: Wall, Silicon

☆ Stocks will plunge back into a bear market when recession hits - even if it's a mild one, top economist David Rosenberg says
▼ + stars: | 2023-06-23 | by ( Zahra Tayeb | ) www.businessinsider.com time to read: +2 min

A recession will surely hit the US economy and stocks will plunge back into a bear market then, David Rosenberg said. "The compounding effect of even a mild recession on earnings and what it does to the multiple will still lead you into a fundamental bear market," he told BNN Bloomberg. Rosenberg warned that cracks were beginning to appear in the US labor market. "You're going to hear a lot of this hand-holding, 'don't worry, it's going to be a mild recession, it's going to be a shallow recession.' Ultimately you're paying for earnings, not GDP anyways, and the compounding effect of even a mild recession on earnings and what it does to the multiple will still lead you into a fundamental bear market," Rosenberg told the outlet.

Persons: David Rosenberg, BNN, Rosenberg, — Organizations: BNN Bloomberg, Service, Rosenberg Research, Federal Reserve

☆ Cannabis giant Canopy Growth crafted a complex plan to get into the US and reverse a stock slump. But some analysts say it could backfire.
▼ + stars: | 2022-10-28 | by ( Jeremy Berke | ) www.businessinsider.com time to read: +6 min

It's another consequence of the quasi-legality of the cannabis industry in the US. The Canadian cannabis giant Canopy Growth has long searched for a way to give its stock a much-needed boost. "We continue to have open conversations with the exchanges," Klein said. He added that Canopy's deal could provide a model for other Canadian cannabis companies that want to do business in the US. Jefferies said Nasdaq's objection to Canopy's plan was a key risk and that the rest of the cannabis industry should pay close attention.

☆ Top economist David Rosenberg predicts US inflation will plummet below 3% next year - and warns the Fed's rate hikes are courting disaster
▼ + stars: | 2022-10-13 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The Fed is fighting inflation too hard as price pressures are fading, David Rosenberg said. The Rosenberg Research chief expects inflation to drop from over 8% to below 3% in the next year. Rosenberg warned that if the Fed keeps tightening its monetary policy, it could tank house prices and spark a credit crunch in the banking sector. He suggested the Fed has a "once burnt, twice shy mentality" after reacting too slowly to the inflation threat, and may have overcorrected as a result. Notably, Rosenberg warned investors not to expect stocks to rebound instantly once the Fed starts easing its policies again.

☆ EU4Moldova: 14 antreprenori din raionul Cahul au primit certificate de grant din partea UE
▼ + stars: | 2021-03-18 | by ( ) ziuadeazi.md time to read: +12 min

Certificatele de grant valorează între 15 000 și 30 000 de Euro, și vor fi oferite celor 14 antreprenori selectați în urma concursului. Laboratorul va diversifica spectrul de servicii de testare oferite în Cahul și va crea 4 locuri noi de muncă. Vânzările companiei au loc către partenerii din Cahul și Chișinău și prin reţeaua de Internet. Și Voina Victor este un tânăr care are ambiția de a rămâne și a se dezvolta acasă. Compania lui a fost fondată în iulie 2020 pentru a produce și a comercializa hrană granulată pentru animale în regiunea de sud.

Persons: Alexandru Pelivan, Alexandru Pelivan ., Nicolae Dandiș, Serghei Bajenov, Caraja, Natalia Bădănău, Balan, ., Mihail, Svetlana Mihailuc, Nicu Știrbeț, Elena Mocanu, Voina Victor, Victor, Victor Cătălina Pascal, Pascal, Cătălina Pascal, Sergiu, Vasile Dincă, A ., A.O Organizations: Națiunilor Unite, Publice, UE, PNUD, Village, Cătălina, Uniunea Europeană, Euro, Programul Națiunilor Unite, Fondul Națiunilor Unite, UNICEF, Cahul, Uniunii Europene, Agenția, Cooperare, Germaniei, Presei Locations: Moldova, Cahul, mulțumind, PNUD Moldova, SC, România, ., Manta, Chișinău, Văleni, Roșu, Larga, pătrunjelului, Cantemir, Leova, Vulcănești, Ungheni, Raionul Cahul, Republica Moldova

☆ Lista aplicațiilor pe care trebuie să le ȘTERGI IMEDIAT din telefon. Experții în securitate: „Sunt periculoase”
▼ + stars: | 2020-11-12 | by ( ) www.ziarulnational.md time to read: +9 min

Experții în securitate au lansat un nou avertisment pentru utilizatorii de Android, care ar trebui să-și șteargă anumite aplicații din telefon, fiind considerate periculoase. Mai exact, experții de la White Ops Satori Threat Intelligence au făcut publică o listă cu 240 de aplicații periculoase, pe care utilizatorii ar trebui să le dezinstaleze din telefon, întrucât îi bombardează cu reclame frauduloase. „Aceste aplicații te pot face să crezi că reclamele sunt generate de aplicații populare, inclusiv Youtube și Chrome”, atrag atenția experții, într-o postare făcută pe blog. Din fericire, această aplicație ce părea să funcționeze ca o reclamă, a fost ștarsă din Google Play. Acești specialiști în securitate, însă, îți propun să descoperi care sunt aplicațiile care sunt considerate periculoase și să le dezinstalezi imediat din telefon.

Persons: Experții, Mai, de, atenția, În timpul, ori, Din fericire, specialiști, dintre, Jake Moore, în, com.adventuregame.inforestisland Organizations: Google, securitate Locations: jos

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