Nvidia Corp. Chief Executive Jensen Huang detailed Tuesday how the chip maker expects to accelerate the development of artificial intelligence and next-generation chip-making, introducing software meant to allow foundries to etch smaller transistors faster and a bevy of artificial-intelligence products for businesses. In the keynote address at Nvidia’s NVDA, +0.70% annual GTC developer conference, Huang … Read more
Tots Carlos powers Creamline to another PVL Finals appearance. –PVL PHOTO MANILA, Philippines — Defending champion Creamline completed a semifinal series sweep of F2 Logistics, 25-22, 25-23, 25-16, to earn its fifth straight Premier Volleyball League All-Filipino Finals appearance on Tuesday at Mall of Asia Arena. The Cool Smashers, who played without Alyssa Valdez in … Read more
Risky debt issued by several European banks in response to the 2008 global financial crisis was under sharp pressure in New York trading on Monday after regulators orchestrated a sale of Credit Suisse to UBS, triggering a historic write-down of specialty bonds in the process. Debt issued by Barclays BARC, -2.29%, Deutsche Bank DB, +0.20% … Read more
The value of a class of convertible bonds issued by banks plunged in value on Monday after Credit Suisse’s securities were completely written down to zero by the Swiss regulator. The Swiss Financial Market Supervisory Authority announced that all of the bank’s 16 billion francs ($17.2 billion) of additional tier 1 bonds – also known … Read more
Judging by stock futures, one wouldn’t guess we’ve come off a wild weekend that joined up two of Switzerland’s biggest banks, one in deep trouble. A flat to slightly lower start is ahead for Wall Street, but oil prices are under pressure and gold is up a lot. As for recent events on U.S. shores, … Read more
Small-cap stocks are a great place to put your money right now because they’re cheap. How cheap? Bank of America analysts pointed out recently that this group trades 10% below their long-term average p/e ratio. For guidance on how to invest in the small-caps and names to consider, I recently talked with a mutual-fund manager with … Read more
Michele Gumabao soared for the Cools Smashers in the fourth set. PVL PHOTO Five-set meltdowns have been a feature in Creamline’s previous tussles with rival F2 Logistics in the Premier Volleyball League (PVL). The solution? Don’t wait for a deciding set. “[W]e’re happy to finally get one against F2,” Cool Smashers coach Sherwin Meneses said … Read more
Michele Gumabao soared for the Cools Smashers in the fourth set. PVL PHOTO MANILA, Philippines — Michele Gumabao was determined to redeem herself from Creamline’s previous loss to F2 Logistics and the veteran opposite spiker picked the perfect time to get the job done. With a lot more riding in the game this time, Gumabao … Read more
Tots Carlos and the Creamline Cool Smashers in Game 1 of the PVL All-Filipino semifinals. –PVL PHOTO MANILA, Philippines — Creamline finally got one over F2 Logistics as the defending champion outplayed the first-time semifinalist for a 26-24, 25-18, 22-25, 25-15 victory to inch closer to the 2023 Premier Volleyball League All-Filipino Conference Finals on … Read more
After an appeals-court decision this week, California ride-hailing drivers and other gig workers will remain independent contractors instead of employees for the foreseeable future — a win for gig companies that they will surely try to replicate around the country and beyond. Gig companies such as Uber Technologies Inc. UBER, -2.90%, DoorDash Inc. DASH, -1.79%, Lyft … Read more