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May 30 (Reuters) - Jensen Huang, the chief of chipmaker Nvidia Corp (NVDA.O), has joined an elite list of tech executives to head a company worth $1 trillion. Nvidia shares have been on a tear, rising on stellar sales projections from a boom in artificial-intelligence workloads and components. Huang was born in Taiwan but moved to the United States as a child, earning engineering degrees at Oregon State University and Stanford University. In 1993 he founded Nvidia along with Curtis Priem and Chris Malachowsky, securing backing from Silicon Valley's Sequoia Capital and others. As companies further adopt AI, Nvidia could be one of the key beneficiaries.

Persons: Jensen Huang, Huang, Inc's, Jeff Bezos, ChatGPT, Curtis Priem, Chris Malachowsky, Andrew Ng, Yuvraj Malik, Samrhitha, Stephen Nellis, Matthew Lewis Organizations: Nvidia Corp, Nvidia, Oregon State University, Stanford University, Valley's Sequoia Capital, BET, INTEL, Taiwan Semiconductor Manufacturing, Intel Corp, Logic Corp, Devices Inc, Alphabet Inc, Baidu Inc, HK, San, Thomson Locations: Taiwan, United States, Taipei, Bengaluru, San Francisco

☆ Why this chip stock could be the next Nvidia
▼ + stars: | 2023-05-30 | by ( Samantha Subin | ) www.cnbc.com time to read: +2 min

Those who missed Nvidia's recent surge may want to consider putting their money in one overlooked artificial intelligence beneficiary: Marvell Technology. The stock surged 181% this year on AI tailwinds. "Not sure we can make sense of the recent AI rally, but this is a name that belongs in the basket." Bank of America analyst Vivek Arya called the chip stock an "underappreciated" AI beneficiary in a recent note. "All in all, MRVL AI revenue is expected to grow at a 100% CAGR from FY23-FY25," Malik said.

☆ Marvell shares rocket 32% on earnings beat and 'tremendous' business potential for A.I.
▼ + stars: | 2023-05-26 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +1 min

Shares of Marvell Technology continued a significant overnight rally Friday, surging about 32% off the back of quarterly earnings results that beat on the top and bottom lines. On an analyst conference call, Marvell CEO Matthew Murphy said the company had begun to reassess how it looked at the "tremendous" business potential of AI. "In FY2023, MRVL estimated its AI revenue to be ~ $200 million, representing a strong uptick from FY22. The company expects AI sales to reach ~$400M+ in FY24 before doubling in FY25," the note from Citi's Atif Malik said. Many semiconductor firms experienced a lift from Nvidia's Wednesday blowout earnings report.

Organizations: ~ $

☆ Investors would be wise to heed these lessons from the 'retail apocalypse' as office values reset
▼ + stars: | 2023-05-14 | by ( Christina Cheddar Berk | ) www.cnbc.com time to read: +7 min

Still, it is also true that a lot of disruption occurred in between the events that prompted the "apocalypse" chatter and the firmer ground where retail real estate stands today. Recalling how these events played out is helpful in understanding the situation facing U.S. office properties. For office buildings, the pandemic knocked things out of whack. The same idea is being discussed for office buildings, but one-size will not fit all. There may be no surprise that there has been a huge drop-off in the number of loans with office properties as collateral since March.

The country is planning to purchase Russian crude oil at a discount as high prices caused by geopolitical tensions have caused fuel prices to more than double in Pakistan. Pakistan Refinery Limited (PRL) will initially refine the Russian crude in a trial run, followed by Pak-Arab Refinery Limited (PARCO) and other refineries later. Pakistan is undertaking several measures, including raising fuel prices, to unlock a $1.1 billion tranche of aid from the International Monetary Fund. Fuel prices have jumped 143 rupees ($0.5046), or nearly 100%, in the last 12 months. Fuels including diesel became more expensive globally after Russia invaded Ukraine, which resulted in Western nations that consume large quantities of diesel imposing sanctions on Russian oil.

☆ A $1.1 trillion investment chief shares her 3-part checklist for confirming a recession has started — and details 4 stocks she expects to outperform no matter what
▼ + stars: | 2023-05-03 | by ( James Faris | Akin Oyedele | ) www.businessinsider.com time to read: +6 min

Nuveen investment chief Saira Malik is still forecasting a recession in the next year. Malik also shares four top stocks investors can buy to set themselves up for long-term success. "The consumer — which I would have said was holding up very well — I'm worried about tighter banking conditions, tighter banking credit on the consumer," Malik said. Additionally, the labor market is now showing cracks, even though the unemployment rate remains historically low at 3.5%. 4 stocks set to outperform in a downturnDespite her concerns about the economy, Malik doesn't see a massive market sell-off coming.

☆ Indian players resume protest against federation chief
▼ + stars: | 2023-04-24 | by ( ) www.reuters.com time to read: +2 min

REUTERS/Anushree FadnavisNEW DELHI, April 24 (Reuters) - India's top wrestlers have resumed their sit-in protest in New Delhi demanding "immediate arrest" of their federation chief after accusing him of sexually harassing several female players. They have also moved the country's top court seeking registration of a first information report (FIR) against Wrestling Federation of India (WFI) President Brij Bhushan Sharan Singh. He also sought support for the wrestlers, who have been camping at the protest site since Sunday. I request all the athletes of the country, all the players, to come and join us," said the 29-year-old. The sports ministry asked the Indian Olympic Association (IOA) on Monday to form an ad-hoc committee to run the WFI and hold fresh election within 45 days.

☆ Sudan: People scramble to leave Khartoum after attempted ceasefires fail to stop violence
▼ + stars: | 2023-04-20 | by ( Rob Picheta | ) edition.cnn.com time to read: +4 min

Eyewitnesses said Thursday that reinforcements for the paramilitary RSF were on their way to Khartoum when army forces confronted them with warplanes and ground forces. There was an increase in the number of people at bus stops, trying to leave Khartoum and escape the fighting, according to witnesses. A water and electricity crisis has continued in Khartoum, with food shortages in shops and pharmacies closed, eyewitnesses say. The union also said that five ambulances had been attacked by military forces, and others were prevented from transporting patients for treatment and delivering aid. A latest attempt to strike a ceasefire for 24 hours was quickly upended late on Wednesday, when clashes erupted north of Khartoum.

☆ Exclusive: Pakistan places first order for discounted Russian crude
▼ + stars: | 2023-04-20 | by ( Asif Shahzad | ) www.reuters.com time to read: +1 min

ISLAMABAD, April 20 (Reuters) - Pakistan has placed its first order for discounted Russian crude oil under a new deal struck between Islamabad and Moscow, the country's petroleum minister said, with one cargo to dock at Karachi port in May. The deal will see Pakistan buy crude oil only, not refined fuels, and imports are expected to reach 100,000 barrels per day if the first transaction goes through smoothly, Minister Musadik Malik told Reuters on Wednesday night. "Yes it is true that we will be getting only crude, not refined oil," Malik said in response to confirm sources information whether that's correct. He said Pakistan's Refinery Limited (PRL) will initially refine the Russian crude, with other refineries to be included later after a trial run. Russian Energy Minister Nikolay Shulginov led a delegation to Islamabad in January to hold talks on the deal, after which he said oil exports to Pakistan could begin after March.

☆ Pakistan just became the latest country to snap up cheap Russian oil
▼ + stars: | 2023-04-20 | by ( George Glover | ) www.businessinsider.com time to read: +2 min

Barrels of Russian oil trade for $15 less than other benchmarks as the Ukraine war weighs on prices. Pakistan just placed its first order for the cheaper crude, its petroleum minister told Reuters. It joins China and India in moving to snap up Russian oil at a discount. Russian oil has been available at a steep discount to other benchmarks since Western countries sanctioned the Kremlin after Russia invaded Ukraine in February 2022. Urals crude traded at just under $66 a barrel at last check, making Russian oil around $10 cheaper than a barrel of West Texas Intermediate and $15 a barrel cheaper than Brent crude.

☆ Here's what to buy — and where — as falling earnings and a looming recession take their toll on US stocks, according to $1.1 trillion asset manager Nuveen
▼ + stars: | 2023-04-14 | by ( Marley Jay | ) www.businessinsider.com time to read: +3 min

While she's cautious on stocks, Malik says some struggling areas could be ready for a comeback. Nuveen, the asset management unit of financial planner TIAA, believes that even as a recession approaches, some of the market's recent losers are almost ready for a comeback. "Certain equity sectors that were among the hardest hit by rising rates over the past year may now be poised to benefit," Malik wrote. "We think better opportunities exist by taking on credit risk rather than duration risk," she said. "We see value across credit sectors, especially in high yield and loans, and would emphasize that we generally favor relatively higher quality segments within individual credit sectors."

☆ Nuveen investment chief Saira Malik told us how investors should be positioned today, and when they should flip the switch and change strategies for bigger post-recession profits
▼ + stars: | 2023-02-01 | by ( Marley Jay | ) www.businessinsider.com time to read: +4 min

Saira Malik is the chief investment officer at Nuveen, which manages $1.1 trillion in assets. Malik favors fixed income over stocks, and explained how she thinks investors should allocate. January was a decent month for stocks, and the third positive month for US indexes out of the last four. Some might call it a relief rally, but Nuveen investment chief Saira Malik doesn't seem relieved. She's the chief investment officer and head of the global investment committee for Nuveen, a unit of TIAA that managed $1.1 trillion in assets as of September 30.

☆ Trump ally Barrack can be questioned on Khashoggi comments, Saudi nuclear plans
▼ + stars: | 2022-10-26 | by ( Luc Cohen | Thomson Reuters | Reports On The New York Federal Courts. Previously Worked As A Correspondent In Venezuela | ) www.reuters.com time to read: +4 min

While Barrack is not charged with acting as a Saudi agent, the country and the UAE are close allies. Cogan also said he would let prosecutors ask Barrack about a plan he pushed in the early days of the Trump administration to construct 40 nuclear plants in Saudi Arabia and elsewhere in the Middle East. Barrack is not charged with any crimes over the civil nuclear plan, which fell through. One of prosecutors' major charges is that Emirati officials provided input to Barrack on what Trump should say in the speech. Reporting by Luc Cohen in New York; editing by Jonathan Oatis and David GregorioOur Standards: The Thomson Reuters Trust Principles.

☆ Amir Malik is on a drive to make golf more inclusive for Muslims
▼ + stars: | 2022-10-04 | by ( Jack Bantock | ) edition.cnn.com time to read: +8 min

CNN —Amir Malik is a man in love with golf. Amir Malik (L) is passionate about golf. Malik believes Muslim women in the UK are being held back from participating in more sports because of a lack of all-female facilities and sessions. Muslim Golf Association‘The golf course doesn’t discriminate’To date, MGA events have attracted over 1,300 participants. Muslim Golf AssociationWhile Malik hopes to soon see Muslim players competing on professional tours, he says he did not form the MGA to produce a Muslim Tiger Woods.

Emmett Till's family disputes the version of events recounted in a recently leaked memoir by the white woman who accused Till of making unwanted advances toward her before his lynching in 1955. Till, 14, of Chicago, was visiting family when he entered the store in Money, Mississippi, where Donham, then 21, was working. Till's family members who were in the store that day said Till whistled, but didn't touch Donham, and Donham didn't scream. Malik Shabazz, a lawyer who appeared with the Till family last week, said that the effort to bring Donham to justice was worth pursuing. Bettmann Archive via Getty ImagesShe claims in the manuscript that Till identified himself.

Some money decisions call for reinforcement from a financial planner, who can help organize your overall financial picture, or focus on specific financial needs. 7 reasons to hire a financial plannerHere are 7 reasons you should consider hiring a financial planner. If this sounds like you, consider consulting a financial planner to formulate an investment strategy that satisfies your risk tolerance. There are a few things you should know about any financial planner you're considering in advance of booking an appointment. And by working together with a financial planner, you can work your way to achieving your financial goals — and financial freedom.

Fear of the stock market, an over-reliance on Roth retirement accounts, and savings mistakes are the biggest issues. We talked to a few financial planners about money mistakes they see millennials making, and some advice on how to change things. Roth retirement accounts are a useful way to save for retirement, but they might not be the best option for millennials. Money you put into a Roth account is taxed now, whereas money you put into a 401(k) or traditional IRA is taxed in retirement. You can request that your employer deposit 30%, for example, into your savings account and the remaining 70% into your checking account.

Persons: Millennials, Roth, —, TD Ameritrade, Kari Wolfson, Wolfson, Malik S, Lee, Felton, Shala Walker, Stavis, Cohen, Walker Organizations: Service, Deloitte, Peel Wealth Management, Smart

☆ Șocant! Un producător de muzică bătut de poliţie provoacă scandal politic în Franţa (VIDEO)
▼ + stars: | 2020-11-27 | by ( Publika.Md - Aici Sunt Știrile | ) www.publika.md time to read: +7 min

Intervenţia poliţiştilor, sâmbăta trecută, contra producătorului de muzică Michel Zecler sunt de o rară violenţă. O ploaie de lovituri - pumni şi genunchi în gură, picioare în burtă, bulane peste cap – nimic nu l-a cruţat pe Michel. In urma acestor violenţe, Gérald Darmanin a estimat şi el că «imaginile sunt extrem de şocante. Colegul lui de la Justiţie, Eric Dupond-Moretti, s-a declarat «scandalizat de imagini» dar a cerut să nu se facă amalgame. Astfel, Antoine Griezman, atacant-vedetă al naţionalei franceze de fotbal, a postat o imagini pe Twitter cu faţa tumefiată a lui Michel sub titlul «Mă doare Franţa mea».

Persons: Intervenţia, Michel Zecler, Michel ., Didier Lallement, Rémy Heitz, Michel, Eric Dupond, Emmanuel Macron, Christophe Castaner, Jean, Luc, Anne Hidalgo, Malik Salemkour, Le, Antoine Griezman, Kylian, PSG, Rudy Gobert Organizations: francez Locations: Parisului, Republicii, Justiţie, poliţie

You should also get disability insurance if you work in a high-risk profession, and if you are self-employed or a contractor. This is something that many people fail to recognize, much less protect against the loss of with a disability insurance policy. You should shop around and consider purchasing a private long-term disability insurance policy. a surgeon and their hands), then disability insurance should be high on your priority list as well. Remember to account for mental wear-and-tear, too; a big mistake people make is assuming that disability insurance is only for physical issues.

☆ WATCH: Experts discuss race, wealth-building, and closing the racial wealth gap once and for all
▼ + stars: | 2020-09-29 | by ( Business Insider | ) www.businessinsider.com time to read: +3 min

The racial wealth gap in the United States is enormous — and growing. On September 25 at 4pm EST, a group of thinkers joined Business Insider reporter Taylor Nicole Rogers for a live Zoom discussion on how to close the racial wealth gap. The conversation is a part of our "Inside the racial wealth gap" series. On September 25 at 4pm EST, a group of thinkers joined Business Insider reporter Taylor Nicole Rogers for a live conversation via Zoom on closing the racial wealth gap. This conversation is part of Business Insider's "Inside the racial wealth gap" series, examining how we got here and why the wealth gap persists.

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