Tom Faranda's Folly

Category: Investing and business

  • Xi says China will crack down on fentanyl producers

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    Tom Faranda
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    if it’s true it means they’ll be shooting a number of people in the back of the head since that’s the standard in China. Trump Meets With Xi, Declares Immediate Cut to Tariffs U.S.-China summit offers relief to both sides while high-stakes rivalry carries on https://www.wsj.com/world/china/trump-meets-xi-for-high-stakes-u-s-china-summit-a9c7738f?mod=djemalertNEWS BUSAN, South Korea—President Trump and Chinese leader Xi Jinping…

  • Nvidia Becomes First $5 Trillion Company

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    Tom Faranda
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    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%…