How to bet on Nvidia without buying the stock

Text size Nvidia makes semiconductor chips used to power AI. I-Hwa Cheng/Bloomberg Artificial intelligence can destroy humanity, but not before creating enormous wealth. This is the paradox facing investors now after Nvidia It is The recent earnings report has inadvertently created a large-scale ethical experiment on Wall Street. On Tuesday, days after Nvidia (ticker: NVDA) … Read more

Summers sees higher Fed interest rates and higher US taxes

(Bloomberg) – Former Treasury Secretary Lawrence Summers sees U.S. interest rates rising in the short term and U.S. taxes rising significantly in the long term as the world’s largest economy grapples with a crisis. persistent inflation and soaring public debt. Bloomberg’s Most Read Speaking over dinner at the Peterson Institute for International Economics on Tuesday, … Read more

Oppenheimer sees over 50% gains in these 2 stocks – here’s why they could soar

The shortened week started with a major crisis averted for the time being. Over the long weekend, a deal was reached between President Biden and House Majority Leader McCarthy that should help resolve the debt ceiling. Oppenheimer’s chief investment strategist, John Stoltzfus, expects a positive reaction to the progress being made to close the deal. … Read more

Chinese tech entrepreneurs keen to ‘de-China’ as tensions with US soar

By David Kirton SHENZHEN, China (Reuters) – For the ambitious Chinese tech entrepreneur, expanding into the United States keeps getting more complicated. Prior to 2019, there were few major barriers to a Chinese company doing business in the United States from China. But amid escalating trade tensions between the United States and China, particularly after … Read more