Puerto Rico to default on $1B in debt
Puerto Rico says it will default on $1B in debt on Friday, even if it gets government assistance, just as the Senate passed a bill to aid in cutting its debt
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Benzinga•Former House Speaker Nancy Pelosi Can't Stop Buying the 1 Artificial Intelligence (AI) Stock Billionaires Have Been Eager to Sell
Though this highflying stock is making Nancy Pelosi and her venture capitalist husband richer, more than a half-dozen billionaires have sent it to the chopping block.
Motley Fool•Exclusive-China acquired recently banned Nvidia chips in Super Micro, Dell servers, tenders show
A Reuters review of hundreds of tender documents shows 10 Chinese entities acquired advanced Nvidia chips embedded in server products made by Super Micro Computer Inc., Dell Technologies Inc. and Taiwan's Gigabyte Technology Co Ltd after the U.S. on Nov. 17 expanded the embargo to subject more chips and countries to licensing rules. Specifically, the servers contained some of Nvidia's most advanced chips, according to the previously unreported tenders fulfilled between Nov. 20 and Feb. 28.
Reuters•Sam Bankman-Fried Agrees to Help FTX Investors Go After Celeb Promoters
Sam Bankman-Fried has inked a settlement agreement with a group of FTX customers who have agreed to drop their class action lawsuit against him in exchange for his help going after celebrity promoters of the collapsed exchange.
CoinDesk•Apple stock will soar 36% as it gears up to launch an AI-enable iPhone, BofA says
Bank of America said Apple could announce a 5% dividend increase and $90 billion share buyback program when it releases earnings next week.
Business Insider•2 Artificial Intelligence (AI) Stocks That Could Fall 19% and 65%, According to a Pair of Wall Street Analysts
AI stocks have soared over the last year, but these two could be at risk of a sell-off.
Motley Fool•JPMorgan warns stock market sell-off has 'further to go'
Despite a rebound on Monday, many bearish strategists believe there are mounting risks to the market rally.
Yahoo Finance•Why the Magnificent 7's 'momentum is collapsing'
Six of the largest tech companies are expected to see earnings growth slow over the next year, leaving room for other companies to lead the next leg of the stock market rally, UBS analysts say.
Yahoo Finance•Traders are betting that TSMC stock's sudden 13% sell-off will deepen
The world's biggest chipmaker, which is a bellwether for the global semi producers, recently trimmed its industry-growth outlook.
Business Insider•This Is Hands Down My Pick for the Best "Magnificent Seven" Stock Right Now. (Hint: It's Not Nvidia.)
The "Magnificent Seven" garner a lot of hype in artificial intelligence (AI). But one company sticks out thanks to savvy investments and strong financials.
Motley Fool•