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Nvidia's CEO Just Called This Stock the Next Trillion-Dollar Company. Is It Time to Load Up on Shares? - The Motley Fool

2 ore în urmă
58 secunde min
Ion Ionescu
Nvidia (NVDA +1.70%) CEO Jensen Huang isn't afraid to praise other companies and call out their potential, and he did just that recently on stage at the Computex event in Taipei. He applauded Marvell Technology (MRVL +9.84%), saying it could be set to become the "next trillion-dollar company." Huang's comments sent shares of the semiconductor stock soaring 32.5% last Tuesday (June 2). Following the big move, the stock now has a market cap of over $250 billion. So, if Huang is right, the stock could still quadruple from here. For its part, Nvidia took a $2 billion stake in Marvell earlier this year.
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Economie

Emotions Spill Over at Town Hall of Industry Workers Opposed to Paramount-WBD Merger: “It’s the Death of a Great American Industry” - The Hollywood Reporter

Emotions spilled over at a gathering of Hollywood workers, union officials and a current FCC commissioner opposed to the planned Paramount Skydance-Warner Bros. merger on Saturday, with some arguing that the mega-merger on top of other recent challenges in the business would mean the “death of Hollywood.” Writers, actors, crew members and small business owners made dire predictions for the proposed $111 billion transaction at the “Main St.

Economie

Audi Hints at Return to GT3 With Newly Launched Nuvolari - Sportscar365

Stephane Ratel attends presentation of new Audi Nuvolari supercar alongside former Audi Sport customer racing boss… Audi’s newly launched Nuvolari road car could bring the German manufacturer back into factory-supported GT3 competition, with subtle hints pointing towards a potential future racing program for the car.

Economie

Google is quietly laying off staff in its cloud division - Business Insider

Google is the latest Big Tech company to do layoffs this year.Employees working at Google Cloud have been hit by cuts over the last two weeks, two people familiar with the matter told Business Insider.One team, Google's Threat Intelligence Group, which is one of Google's top security units and regularly publishes research about hackers, was impacted yesterday, the people said. Some employees have been posting about the layoffs on LinkedIn.The cuts were not limited to that unit, affecting others at Mandiant — a cybersecurity company bought by Google in 2022 — and within Google Cloud, the people added.It's unclear exactly how many people were impacted and why the cuts are happening now.

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