The world's most valuable company and chip giant, Nvidia (NVDA), recently revealed its new chip system, aimed specifically at AI-led video and software creation. Named Rubin CPX, Nvidia claims that the platform will boast 8 exaflops of AI performance and 100 TB of fast memory in a single rack. Notably, this is also the first concrete product that has been unveiled under the Rubin architecture—the successor to the Blackwell chips. The Rubin CPX class of GPU is purpose-built for handling very long context, ...

Eastman Kodak's latest product launch — a line of 1980s-inspired digital toy cameras called the "Kodak Charmera" — seems to have struck a nostalgic chord with consumers.The palm-sized point-and-shoot cameras, released Tuesday in collaboration with camera company Reto, are already sold out on Kodak's website and are only available for pre-order at most affiliated retailers.Weighing 30 grams and measuring 2.2 inches across, the camera is marketed as a functional fashion accessory and comes in seven styles, ea ...

You can find original article here Wealthmanagement. Subscribe to our free daily Wealthmanagement newsletter. (Bloomberg) -- The US Securities and Exchange Commission is getting closer to making a decision about whether asset managers can offer ETFs as share classes of mutual funds, according to Kaitlin Bottock, assistant director at the regulator’s division of investment management. Every major fund firm, including BlackRock Inc. and State Street Corp., is waiting for the SEC’s greenlight on the ma ...

October WTI crude oil (CLV25) on Thursday closed down -1.30 (-2.04%), and October RBOB gasoline (RBV25) closed down -0.0287 (-1.43%). Crude oil and gasoline prices fell sharply on Thursday due to concerns about a global crude supply glut after the IEA boosted its 2026 global oil surplus estimate.  Concerns that weakness in the US labor market will crimp economic growth and energy demand also weighed on crude prices after weekly jobless claims unexpectedly rose to a 3.75-year high.  Thursday's weaker dolla ...

October Nymex natural gas (NGV25) on Thursday closed down -0.095 (-3.14%). Oct nat-gas prices dropped to a 1-week low on Thursday due to a higher-than-expected build in weekly nat-gas stockpiles.  Thursday's weekly EIA report showed that nat-gas inventories rose +71 bcf in the week ended September 5, above expectations of +68 bcf and the five-year average of +56 bcf. More News from Barchart Further downside in nat-gas prices in the near term appears limited due to forecasts for warmer US weather, which ...

This ruling is not the final word. President Trump is appealing a federal judge's order to block him from firing Fed Governor Lisa Cook. White House spokesperson telling Fox News Digital, quote, "The president lawfully removed Lisa Cook for cause due to credible allegations of mortgage fraud from her highly sensitive position overseeing financial institutions on the Federal Reserve Board of Governors. I'm not going to ask you Kennedy about monetary policy, but just put us in the room next week when the FOMC ...

Good morning, everyone. So hi, everyone. Good morning. I'm Kristine Liwag, Morgan Stanley's Aerospace and Defense analyst. Very excited to host our next panel here with Lockheed Martin. So very excited to have on stage with us, Jim Taiclet, Chairman and CEO; and Evan Scott, CFO. Welcome, gentlemen.Question-and-Answer Session Kristine LiwagMorgan Stanley, Research Division So maybe we could kick off. Evan, you've got some statements to read. Evan ScottSenior VP & CFO Yes. Thank you. Statements made today ...

Good morning, everyone. So hi, everyone. Good morning. I'm Kristine Liwag, Morgan Stanley's Aerospace and Defense analyst. Very excited to host our next panel here with Lockheed Martin. So very excited to have on stage with us, Jim Taiclet, Chairman and CEO; and Evan Scott, CFO. Welcome, gentlemen.Question-and-Answer Session Kristine LiwagMorgan Stanley, Research Division So maybe we could kick off. Evan, you've got some statements to read. Evan ScottSenior VP & CFO Yes. Thank you. Statements made today ...

Paramount Skydance is reportedly preparing a takeover offer for Warner Bros Discovery, in a bid to pull together two of the largest US legacy media conglomerates and Hollywood movie studios.Less than a month after Skydance, a production firm run by David Ellison, son of the billionaire tech mogul Larry Ellison, closed its merger with Paramount, the firm is considering other blockbuster deals.Paramount is preparing a majority cash bid for WBD that would be backed by the Ellison family, according to the Wall ...

Fred runs the investing group Quantitative Risk & Value where he shares a portfolio invested in quality dividend stocks, and companies at the forefront of tech innovation. Fred also supplies market risk indicators, a real estate strategy, a bond strategy, and an income strategy in closed-end funds. Learn moreFred Piard, PhD. is a quantitative analyst and IT professional with over 30 years of experience working in technology. He is the author of three books and has been investing in data-driven systematic st ...