Business

On some levels, Advanced Micro Devices (NASDAQ: AMD) looks increasingly like a competitor to Nvidia in the artificial intelligence (AI) accelerator market. While almost everyone perceives Nvidia as the dominant player in this market, AMD raised some eyebrows by winning a contract from Oracle. Still, for all these accolades, AMD …

Court documents suggest that TikTok executives are aware of the app’s potential harm to teenagers, according to reporting by NPR and Kentucky Public Radio. Fourteen U.S. attorneys general sued TikTok earlier this week, claiming that the app harms children’s mental health. Much of the material in those suits was redacted, …

(Bloomberg) — A predicted slide in Halloween consumption is the latest blow for heavily-indebted retailers battling mounting overheads and the trend of consumers trading down to cheaper products. Most Read from Bloomberg US spending for the holiday will drop by 5% to $11.6 billion this year, according to the National …

Getty Images; Alyssa Powell/BI High-net-worth investors use many loopholes to reduce their taxes. Among them are exchange funds, collars, 1031s, and hedging and borrowing against assets. But investing in qualified opportunity zones has been the home run strategy. In simple terms, there are only three places your money can go: …

Energy Transfer (NYSE: ET) stock has had a solid run recently. The stock has risen by over 17% this year and has about doubled since the end of 2021. Given that solid performance, investors may be wondering if the stock is a buy, sell, or hold at this point. Let’s …

Most people have probably heard of Bill Gates, best known as the co-founder of Microsoft (NASDAQ: MSFT) and, more recently, his activities as a billionaire philanthropist. After helming the tech company he founded for more than a quarter of a century, the former CEO left Microsoft to focus on his …

After a strong start to the year, shares of Super Micro Computer (NASDAQ: SMCI) have been under a lot of pressure following a disappointing earnings report, unwanted attention from a notable short-seller, the delay of its annual 10-K filing, and a possible investigation by the Department of Justice (DOJ). However, …

Google CEO Sundar Pichai said he is proud of the overwhelming rate that applicants who are offered jobs accept them and explained what kind of talent the tech giant needs. In an interview with David Rubenstein on Bloomberg TV that aired Thursday, Pichai said the rate is close to 90%. …

Noam Galai/Getty Images The stock market has surged since October 2022, with major indexes posting strong gains. With the bull market in stocks now two years old, investors are wondering how long the rally can last. According to stock market experts, the answer is: a lot longer. The stock market …

Costco Wholesale (COST), popularly referred to as just Costco, is a well-known big-box retail store chain that sells items in bulk and offers household products and groceries at a discount. When consumers anticipate unfavorable world events that might hinder supply-chain activity, such as the COVID-19 pandemic, they’ll frequently panic-shop at …