Author: Tom Faranda
-
Nvidia Becomes First $5 Trillion Company
Excerpted from the Wall Street Journal. Apple and Microsoft are both worth over $4 trillion. NvidiaNVDA 2.99%increase; became the first company to hit $5 trillion in market value, the latest milestone in an unprecedented surge that reflects the growing influence of artificial intelligence on markets and the economy. The chip maker’s stock rose about 3%…
-
Bill Gates has a dramatic change of tune
Of course this is totally sensible but will be denounced by certain types. If you want to peruse the full memo go here – A new way to look at the problem. Three tough truths about climate Orjust watch this.
-
Jamaica – my stomping ground from 1977-’79 – getting hammered by the worst hurricane they’ve ever recorded.
This picture I took off the BBC channel – right off the television. Brigid and I know Treasure Beach very well. It is on the non-touristy south coast and it’s where we spent our so-called honeymoon (with my parents and youngest brother Phil – and Brigid’s dog Feisty…!) after our wedding in the town of…
-
White collar workers beware – “More big Companies bet they can still grow without hiring”
AI of course. Amazon just announced they are eliminating 30,000 white collar jobs over the next several months. From the Wall Street Journal – https://www.wsj.com/business/companies-hiring-jobs-ai-9ef675b6?st=BCU7D4 JPMorgan Chase has a ‘strong bias’ against adding staff, while Walmart is keeping its head count flat American employers are increasingly making the calculation that they can keep the size…
-
Jets (finally) Win! They won’t go 0-17
A very nice comeback win against a decent team. And taking their chances going for two 2 point extra points paid off. Final score 39-38. You have to go here to see it. Here’s the extra point situation.
-
“Milei Wins Mandate for Free-Market Revolution in Argentina’s Election”
“The result shores up momentum for self-described ‘anarcho-capitalist’ economic programs”. I thought he was supposed to be in trouble politically. Guess not. https://www.wsj.com/world/americas/milei-wins-mandate-for-free-market-revolution-in-argentinas-election-3be65f38?mod=djemalertNEWS BUENOS AIRES—President Javier Milei scored a decisive political win Sunday, strengthening his position in Argentina’s Congress and securing a lifeline for his audacious free-market revolution backed by President Trump. With nearly 92%…