Short-seller Jim Chanos warns Nvidia’s epic growth is cannibalizing Big Tech — as the chip titan’s value surges by $1 trillion in 4 months

Jim Chanos.Reuters Nvidia is growing at the expense of other Big Tech companies, Jim Chanos and Larry McDonald said. Nvidia is raking in profits while its customers are racking up bills, they said. Microsoft and Meta are among the largest buyers of Nvidia’s microchips. Nvidia is cannibalizing the growth of other “Magnificent Seven” companies, according

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I have $1.5 million in stocks and bonds. I asked my broker to convert my bonds to cash. He didn’t and my portfolio fell by $100,000. Can I sue?

“The CEO of the company admitted in a company newsletter that they had made a mistake.” (Photo posed by a model.) – MarketWatch photomontage/iStockphoto Dear Quentin, Most Read from MarketWatch Nvidia clobbers earnings expectations as AI demand hits ‘tipping point’; stock up 6% Here’s why Biden is going to pull off a win in November

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Marketmind: On a roll, China open again

By Jamie McGeever (Reuters) – A look at the day ahead in Asian markets. China’s markets open on Monday after the Lunar New Year holiday, with investors hoping positive momentum across the region last week can continue despite signs that U.S. inflation, and therefore interest rates, may be stickier than thought. Asian stocks are on

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Is Warren Buffett Warming Up To Bitcoin? Berkshire Hathaway Profits Big From Crypto Investment

Perhaps the most famous value investor of all time, Warren Buffett is strongly against Bitcoin and other cryptocurrencies, saying, “You can’t value Bitcoin because it’s not a value-producing asset.” Buffett and his holding company Berkshire Hathaway Inc. have been well-known for their investments in stable and profitable companies. Buffett believes in investments that create value

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