Nvidia is world’s ‘most important stock,’ adds pressure to Q2 earnings

Nvidia is world’s ‘most important stock,’ adds pressure to Q2 earnings

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters For Nvidia investors, the past two years have been a joyride. But recently they’ve been on more of a roller coaster. As the primary beneficiary of the artificial intelligence boom, Nvidia has … Read more

‘You know what to do in the stock market’

‘You know what to do in the stock market’

Eric Schmidt, who led Google for a decade, told Stanford students that, while he’s not one to give investment advice, he sees an obvious play in the stock market that doesn’t involve buying shares of his former employer. Schmidt said, in a video that was posted by Stanford this week and subsequently removed, that big … Read more

Former Google CEO Says US Is ‘Two or Three Years Ahead’ Of China in AI For These Reasons

Former Google CEO Says US Is ‘Two or Three Years Ahead’ Of China in AI For These Reasons

Former Google CEO Eric Schmidt suggested that the U.S. and China are at different stages of A.I. development, with the U.S. becoming more advanced. Schmidt outlined four reasons China may need help to match the U.S. in A.I. In a Bloomberg interview on Tuesday, Schmidt declared that the U.S. holds a solid two-to-three-year advantage over … Read more