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Nvidia, the AI giant, is feeling the pressure as its stock takes a nosedive. Shares of Nvidia Corp have plummeted nearly 5% to their lowest point in almost five months. The reason? Reports suggest that the company may be forced to cancel up to $5 billion worth of advanced chip orders to China due to new US government restrictions. #us #nvidia #china About Channel: WION The World is One News examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. With our Global headquarters…

Mining companies have spent much of the past decade in investors’ bad books. Throughout the 2000s and early 2010s the industry, betting that the surge in commodity prices brought on by China’s economic rise would persist, splurged on investments and racked up hefty debts in the process. At the height of the frenzy in 2013 the combined capital expenditure of the world’s 40 largest mining firms by market value reached $130bn, according to pwc, an advisory firm, nearly four-fifths of their earnings before interest, tax, depreciation and amortisation (EBITDA). That spending spree left mining bosses red-faced as economic growth in…

Disclaimer: This is not investment advice. The information provided is for general purposes only. No information, materials, services and other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.Polygon is up 6.14% today against the US DollarMATIC/BTC increased by 5.56% todayMATIC/ETH increased by 2.99% todayPolygon is currently trading 12.31% below our prediction on Feb 24, 2024Polygon gained 30.09% in the last month and is down -33.83% since 1 year agoPolygon price$ 1.01Polygon prediction $ 1.15 (15.00%)Sentiment…

The city of Preston has been named the UK region most likely to be renovated by interior company Swift Direct Blinds. The city has a 96% success rate in planning applications and has the second-highest number of new builds per 100,000 people. It’s hardest to get planning permission in Southend-on-Sea, with a success rate of just 76.94%, the lowest proportion in the UK. This is followed by Blackpool (76.98%) and Leicester (77.63%) Lancaster is the UK area that is least likely to be renovated. Across the city, 380 renovation searches are carried out online each year, which is among the…

Donald J. Trump has a long record of business failures and bankruptcies. But after getting kicked off Twitter in 2021 he launched Truth Social, a social media site. Truth Social, his would-be Twitter rival, is a high-risk, speculative operation with few hard numbers behind it. It’s already the subject of subpoenas, from regulators and a grand jury, even though it’s barely off the ground. Oh, and even if Trump gets re-elected president, he’s not required to use the social media site much – if at all – to communicate with the public. You buy the stock at your own peril.…

Inflation is an annoyance that hits us all in the wallet every time we stop at the supermarket or gas up our vehicles. But that’s the short-term impact. As you look forward to retirement, it’s important to consider the long-term effects of inflation on your future financial well-being. The inflation rate affects how much your retirement savings will really be worth years from now. Over time, it can seriously devalue your savings and reduce your income. Factoring inflation into your retirement strategy is key to a workable financial plan for the future. Key Takeaways The balance in retirement savings accounts like IRAs and…

CNBC’s MacKenzie Sigalos reports on how the banking crisis is rippling into the crypto markets and Coinbase’s legal fight with the SEC. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/2NGeIvi  » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC Turn to CNBC TV for the latest stock market news and analysis. From market futures to live price updates CNBC is the leader in business news worldwide. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twitter:…

Listen to this story. Enjoy more audio and podcasts on iOS or Android.Your browser does not support the <audio> element.Europe had weathered one winter since Russia’s invasion of Ukraine in 2022. But although gas prices had returned to Earth, they were sure to rise in the colder months to come. Thus if commodity merchants bought at rock-bottom rates in the summer, they could offer future delivery at much higher prices on the forward market. To make the deal work, all they needed was somewhere to store the product. The EU’s underground capacity was almost full; parking the gas in tankers…

In an age where artificial intelligence (AI) can churn out content with the push of a button, creators often find themselves grappling with the challenge of distinguishing their authentic human-made works from AI-generated pieces. Addressing this concern head-on, a new initiative has emerged in the form of the “not by AI” badge. Introducing the “not by AI” badge The “not by AI” badge, launched by a company aiming to preserve the authenticity and value of human creativity, serves as a sleek marker denoting content that has been exclusively crafted by human hands and minds. Available in various versions tailored for…

Fintech platform TPP has urged investors not to overreact to headlines around a recession in the UK. GDP growth fell by 0.1% in Q4 2023, following a similar dip of 0.1% in Q3 – two months of drops in a row means the UK is in a ‘technical recession’. But Lane Clark, co-founder of TPP, said: “We want to caution our investors not to overreact to recession noise without examining the full economic context. “Minor fluctuations in GDP do not necessarily indicate disaster. The UK employment rate actually improved in Q4, defying expectations of a rise in unemployment. “Average earnings…