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Microsoft Is Betting Big on NVIDIA GPUs — But Will Custom Chips Save Its AI Ambitions?
Microsoft has secured nearly half a million Nvidia GPUs in 2024 alone, surpassing rivals Google, Amazon, and Meta given its...
Honeywell’s Future Hangs In The Balance: Elliott’s $5 Billion Push For A Breakup
Honeywell International is now at the center of a heated debate following activist investor, Elliott Investment Management’s call for a...
Stock Market Today: Stocks Wobble As Inflation Data Clouds Fed Rate Cut Bets
On Thursday, the stock market struggled for direction as new inflation data added uncertainty to the Federal Reserve's next policy...
GM’s $1 Billion Stake Sale: Is the Carmaker Rethinking Its Battery Strategy?
GM has recently been in the news after it announced the sale of its stake in a $2.6 billion battery...
October PCE Data Sparks Debate on Inflation Progress and Fed Policy
The October reading of the Federal Reserve's preferred inflation gauge, the Personal Consumption Expenditures (PCE) index, is giving mixed signals.
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