10 things to watch in the stock market Wednesday, including automaker downgrades

10 things to watch in the stock market Wednesday, including automaker downgrades

Top 10 things to watch Wednesday, Sept. 25 — Today’s newsletter was written by the Investing Club’s director of portfolio analysis, Jeff Marks. 1. The S & P 500 is on track for a muted open Wednesday following another record close Tuesday. Club holding Nvidia helped lift the market Tuesday but earnings loom from fellow … Read more

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially inflated Autonomy’s value in an $11.7 billion sale to tech giant Hewlett Packard. Chris Ratcliffe | Bloomberg | Getty Images LONDON — British technology entrepreneur … Read more

Who is Mike Lynch, UK tech entrepreneur missing in superyacht sinking?

Mike Lynch, man once dubbed ‘Britain’s Bill Gates,’ dies at age 59

Mike Lynch, 59, is the founder of enterprise software firm Autonomy. He was acquitted of fraud charges in June after defending himself in a trial over allegations that he artificially inflated Autonomy’s value in an $11.7 billion sale to tech giant Hewlett Packard. Chris Ratcliffe | Bloomberg | Getty Images LONDON — British technology entrepreneur … Read more

Mike Lynch reported missing after superyacht sinks off Sicily

Mike Lynch reported missing after superyacht sinks off Sicily

Mike Lynch, former chief executive officer at Hewlett-Packard Co.’s Autonomy unit, speaking at a conference on Thursday, April 25, 2013.  Bloomberg | Bloomberg | Getty Images LONDON — British tech entrepreneur Mike Lynch is missing after the sinking of a superyacht off the coast of Sicily, sources familiar with the matter told CNBC. The sources, … Read more

Nvidia is little known despite topping $3 trillion in market cap

Nvidia is little known despite topping  trillion in market cap

Nvidia CEO Jensen Huang makes a speech at an event at COMPUTEX forum in Taipei, Taiwan June 4, 2024.  Ann Wang | Reuters Apple, Microsoft, Amazon and Google were the four leading global brands at the end of 2023, according to consulting firm Interbrand. They’re are also four of the world’s five most valuable companies. … Read more

Super Micro plunges ahead of third-quarter earnings later this month

Super Micro plunges ahead of third-quarter earnings later this month

David Paul Morris | Bloomberg | Getty Images Super Micro Computer shares plunged 18% on Friday as investors scaled back their holdings of one of the market’s hottest stocks ahead of earnings later this month. Shares of Super Micro, which joined the S&P 500 in March, are still up about 168% this year after climbing … Read more

Intel unveils Gaudi 3 AI chip as Nvidia competition heats up

Intel unveils Gaudi 3 AI chip as Nvidia competition heats up

Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel on Tuesday unveiled its latest artificial intelligence chip, called Gaudi 3, as chipmakers rush to produce semiconductors that can train and deploy big AI models, such as the one underpinning … Read more

AMD bets on AI-powered PCs as tech race with Nvidia and Intel heats up

AMD bets on AI-powered PCs as tech race with Nvidia and Intel heats up

SHANGHAI, CHINA – JULY 28, 2023 – Photo taken on July 28, 2023 shows the AMD logo at the 2023 ChinaJoy in Shanghai, China. CFOTO | Future Publishing | Getty Images U.S. chip giant Advanced Micro Devices is betting on AI PCs to take on rivals including Nvidia and Intel as the AI race heats … Read more

HPE to acquire Juniper Networks for $14 billion

HPE to acquire Juniper Networks for  billion

Antonio Neri, president and chief executive officer of Hewitt Packerd Enterprise (HPE), speaks during the HPE Discovery CIO Summit in Las Vegas, Nevada, U.S., on Tuesday, June 19, 2018. The summit brings together experts and industry leaders to explore the critical elements CIO’s must address to enable speed and agility, including people, use of data … Read more

AI integration, device upgrades to drive a rebound in PC sales in 2024

AI integration, device upgrades to drive a rebound in PC sales in 2024

Apple Inc. MacBook Pro and Air laptops at the new Apple Inc. store inside the Starfield mall during its opening in Hanam, South Korea, on Saturday, Dec. 9, 2023. SeongJoon Cho | Bloomberg | Getty Images The slump in personal computer sales is likely to end next year as consumers appear set to buy newer … Read more