Nvidia and Amazon Web Services, Amazon's profitable cloud arm, share a surprising amount in common. To begin with, their core business arose as a result of a happy accident. For AWS, it realized that it could sell the internal services—storage, compute, and memory—that it had built for itself within the company. For Nvidia, the reality was that the GPU, which was created for gaming purposes, was also well suited to processing AI workloads. This has ultimately led to some tremendously increased revenues in recent quarters. Nvidia's revenue is growing by triple digits, going from $7.1 billion in the first quarter…
Author: ricardofrancois
Pope Francis was photographed on August 9, 2023 in Vatican City.Vatican Assembly | Getty Images News | Getty ImagesPope Francis decided at the last minute to skip his sermon during Palm Sunday Mass in St. Peter's Square, avoiding a grueling speech at the start of a busy Holy Week that will test his increasingly frail health.Francis, who was suffering from knee pain and persistent respiratory problems, did not participate in the procession of the cardinals around the obelisk in the square at the beginning of the Mass. Instead, the 87-year-old pope blessed the palm fronds and olive branches that were…
It seems like the process of buying a home has never been easier: Search for a property on a listings site like Zillow, Redfin, or Trulia; Contact the listing agent; Take a tour of the property; And make an offer.But for years behind the scenes, experts say, consumers weren't fully aware of the ultimate cost — and potential conflicts of interest — when searching for a home.Now, a landmark settlement with the National Association of Realtors is poised to upend that model. According to consumer advocates and even some Realtors, this is a win for homebuyers and sellers.“Price transparency is…
Welcome to TechCrunch Fintech (formerly The Interchange)! This week we take a look at some of the fintech startups in Africa, how the closure of Mint was a win for Copilot and why venture capital firms have doubled down on one particular expense management startup. To get a digest of TechCrunch's biggest and most important fintech stories delivered to your inbox every Sunday at 7:30 a.m. PT, subscribe here. The big story Although venture funding in Africa (like elsewhere in the world) has been down recently, last week was a good one for the region's fintech ecosystem. TC reporter Tage…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.Talk about unfortunate timing. Early last week, the head of the world's largest oil company, Saudi Aramco, received applause when he told the CERAWeek energy conference in Houston that it was time to “abandon the fantasy of phasing out oil and gas.” Amin Nasser said the world instead needed to invest in fossil fuels to meet demand at a time when the transition to clean energy was “clearly failing on most fronts.” A day later, the head of the United Nations World…
Good morning, and welcome to the Essential California newsletter. It's Sunday, March 24th. I'm your host, Andrew J. Campa. Here's what you need to know to start your weekend: the news Start your day right Sign up for Essential California to get news, features and recommendations from the LA Times and beyond in your inbox six days a week. Enter your email address Involve me You may occasionally receive promotional content from the Los Angeles Times. A long-standing friendship fades away due to lies and potential “theft.” It was just after 6 a.m. West Coast time — or 10 p.m.…
Open Editor's Digest for freeRula Khalaf, editor of the Financial Times, picks her favorite stories in this weekly newsletter.Inflows into 11 new Bitcoin exchange-traded funds that received US regulatory approval in January reversed this week. Investors will be watching the daily data to see if the $850 million leaked from ETFs is just a blip, or a harbinger of a deeper decline for the world's largest cryptocurrency.The inflows helped push the cryptocurrency's price to a record high of $73,000 this year. But the decline in its price in recent days has hurt investors' enthusiasm for ETFs. At one point this…
PHOENIX — The room is located behind a mesh fence, then black iron gates. Guards block the entrance, requiring a security badge to enter. The surrounding glass is shatter-resistant.What's worth all these layers of protection is somewhat surprising: vote tabulation machines in Maricopa County in Arizona. The security measures are a necessary expense, as Arizona and Maricopa have become hotbeds of election misinformation that leads to harassment of election workers, said Stephen Richer, the county recorder.“What would be most shameful is that we cannot look workers in the eye and say: We are doing everything we can to make sure…
Even with the major averages recently rising to new record highs, there are plenty of catalysts that could shake things up, including geopolitical tensions and the upcoming US presidential election.Investors looking for some stability in their portfolios may want to consider high-quality dividend stocks, especially those with a track record of consistent income payments.Analysts conduct comprehensive research on companies' fundamentals and their ability to pay and increase profits in the long term. Â Â Here are three attractive dividend stocks, according to Wall Street's top experts at TipRanks, a platform that ranks analysts based on their past performance.EnbridgeEnergy Infrastructure Company…
Investment analysts have upgraded at least three US-listed Chinese stocks to buy so far this month. This positive outlook comes at a time when many Chinese companies are announcing their profits for the last three months of 2023 and the entire year. While many analysts doubt China's ability to achieve its “about 5%” growth target for 2024 without further stimulus, the country reported better-than-expected economic data in retail sales, industrial production and investment in fixed assets for the first two months of the year. year. Here are the Chinese stocks that analysts are bullish on: Tencent Music Entertainment – Citi…