Business

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Nvidia Is Still Undervalued, Says $50 Billion Manager Impax

(Bloomberg) — As Nvidia Corp. found itself the target of a deep selloff earlier this year, Impax Asset Management was quietly seizing the moment to build a stake it had long regretted not owning. Most Read from Bloomberg Ian Simm, chief executive officer and founder of the $50 billion London-based …

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Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’

Palantir’s Shyam Sankar Says AI Is Experiential And If You Pay Consultants To Help You Think About Deployment ‘You’re Just Lighting Money On Fire’ Palantir Technologies, Inc. (NYSE:PLTR) shares have been on a tear ever since the company was added to the S&P 500 Index. The stock inflection has followed …

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US stocks trade mixed with Fed minutes and rate outlook in focus

Traders are eyeing the release of the Fed September meeting minutes this afternoon.Kevin Dietsch/Getty Images US stocks traded mixed as investors looked ahead to the central bank’s meeting minutes. The release will offer more insight into what the Fed is thinking about monetary policy and inflation. Traders are anticipating a …

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