4 d. ago Woman's state pension warning to millennials after calculating grim financial future

A woman who has made just £1,000 in pension contributions and has no savings has warned her fellow millennials about their future after realising how much she'd need to earn to live comfortably post-retirement

Events

1 week ago ‘AI is going everywhere, doing everything:’ Nvidia beats Wall Street estimates amid market selloff and AI bubble fears

The $5tn firm handily beat expectations, but analysts are awaiting projections for future demand for firm’s AI chipsNvidia shares are rising in after-market trading after the company posted third-quarter earnings that beat Wall Street estimates. All eyes were on Nvidia, the bellwether for the AI industry and the most valuable publicly traded company in the world, as analysts and investors hoped the chipmaker’s third-quarter earnings would assuage concerns about whether the high-flying valuations of AI firms have peaked.“Blackwell sales are off the charts, and cloud GPUs are sold out,” said Jensen Huang, founder and CEO of Nvidia in a press release. “Compute demand keeps accelerating and compounding across training and inference – each growing exponentially. We’ve entered the virtuous cycle of AI. The AI ecosystem is scaling fast – with more new foundation model makers, more AI startups, across more industries, and in more countries. AI is going everywhere, doing everything, all at o...

Politics

1 week ago ‘We excel at every phase of AI’: Nvidia CEO quells Wall Street fears of AI bubble amid market selloff

Jensen Huang opens earnings call with attempt to dispel concerns after his $5tn firm beat Wall Street expectationsNvidia shares are rising in after-market trading after the company posted third-quarter earnings that beat Wall Street estimates. All eyes were on Nvidia, the bellwether for the AI industry and the most valuable publicly traded company in the world, as analysts and investors hoped the chipmaker’s third-quarter earnings would assuage concerns about whether the high-flying valuations of AI firms have peaked.Jensen Huang, founder and CEO of Nvida, opened the earnings call with an attempt to dispel those concerns. In sum, Huang said, there’s a major transformation happening in AI and Nvidia is foundational to that transformation. Continue reading...

Economics

1 week ago World's biggest company Nvidia stuns Wall Street as it gives biggest clue yet to state of US economy

Nvidia's earnings have become a market-moving event unlike almost anything else in corporate America.

Politics

1 week ago News | British Land posts higher earnings and profits as London offices and retail parks thrive

News | British Land posts higher earnings and profits as London offices and retail parks thrive  CoStar

Politics

2 w. ago Undisciplined? Entitled? Lazy? Gen Z faces familiar flood of workplace criticism

A new generation of younger workers are being derided as delusional and unreliable, just as millennials wereGen Z is undisciplined, apparently; entitled, some critics claim; and purportedly hates work. One viral column in the Wall Street Journal went so far as to suggest this entire generation was potentially “unemployable”.As younger employees establishing themselves at work continue to face relentless criticism from the higher rungs of corporate America, those old enough to remember the arrival of the last generation could be forgiven for experiencing a sense of deja vu. Continue reading...

Events

3 w. ago Trump shares false claim Obama earned $40m in ‘royalties’ from Obamacare

US president promoted fictional claim from satirical website that has been debunked repeatedly since 2017Donald Trump promoted the false claim that Barack Obama has earned $40m in “royalties linked to Obamacare” in a post to his 11 million followers on Truth Social on Sunday.The fictional claim that the former US president receives royalty payments for the use of his name to refer to the Affordable Care Act, which he signed into law in 2010, has been repeatedly debunked since at least 2017, when it was featured on America’s Last Line of Defense, a satirical website that produces fake news reports designed to generate engagement from outraged conservatives. Continue reading...

Politics

3 w. ago Corporate America posts best earnings in 4 years despite tariffs

Companies defy warnings about impact of Trump trade war to beat forecasts at one of highest rates on record

Politics

4 w. ago Walmart CEO warns that each of its 1.6 million jobs will be changed by AI

The announcement also comes as corporate America is betting big on AI

Events