NVDA Feb 2025 1710.000 put
- Yahoo Finance Video
Intel announces new data center chips to rival AMD
The competition in the semiconductor market is heating up as Intel (INTC) becomes the latest chipmaker to announce a new AI chip. This move comes after Nvidia (NVDA) and AMD (AMD) recently announced their own AI chip offerings for the market. Yahoo Finance's Akiko Fujita dives into the details of the global chip industry and the projected investments and revenue to come from this sector in the years ahead. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Angel Smith
- Yahoo Finance Video
May's PMI data and OPEC's production cuts: Catalysts
On today's episode of Catalysts, co-hosts Seana Smith and Madison Mills delve into various pivotal market developments, dissecting the ISM's manufacturing PMI data for the month of May, oil price dynamics (CL=F, BZ=F), and the top trending stocks. The Institute for Supply Management's (ISM) manufacturing Purchasing Managers' Index report revealed a slight decline in May. Saxo Bank Chief Global Equity Strategist Peter Garnry joins the show to provide insights on how markets are digesting this print and its implications for future interest rate cuts by the Federal Reserve. Meanwhile, OPEC+ extended its oil production cuts until 2025. Bob McNally, the founder and president of Rapidan Energy, joins the show to discuss the impact of this decision and delve into the macroeconomic factors currently influencing oil prices. Shifting gears, the show dives into the stock reactions of Yahoo Finance's top trending stocks, including tech titan Nvidia (NVDA), music streaming platform Spotify (SPOT), and aviation giant JetBlue (JBLU). This post was written by Angel Smith
- Reuters
Nvidia and Salesforce double down on AI startup Cohere in $450 million round, source says
Canadian AI startup Cohere has raised $450 million in funding from returning investors such as Nvidia and Salesforce Ventures, as well as new investors including Cisco and Canadian pension fund PSP Investments, according to a source familiar the matter. This concludes the first tranche of Cohere's monthslong fundraising efforts, while the company is still in talks to raise more in the same round at $5 billion valuation, added the source, speaking on condition of anonymity. The funding marks a jump in valuation from Cohere's last private raise, when it was valued at $2.2 billion from investors including Inovia Capital last June.
