Nvidia barrels toward rare $1 trillion valuation after putting a dollar figure on AI boost
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Nvidia stock soars toward all-time high as record revenue forecast backed by ‘killer app’ of AI
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Opinion: Nvidia CFO on record-breaking forecast: ‘The inflection point of AI is here’
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‘There is no other China, there is only one China’: Nvidia CEO warns of ‘enormous damage’ if China chip war escalates.
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Microsoft’s Nadella: AI is taking the computer age from ‘the bicycle to the steam engine’
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Bill Gates lays AI tombstone on Amazon and Google
McCarthy addresses debt-ceiling angst: ‘I would not, if I was in the markets, be afraid of anything’
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Debt-ceiling angst drives Treasury bill yields above 7%
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What you should do right now to prepare for a debt-ceiling breach
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Yellen says she’s worried about ‘substantial financial-market distress’ even when there’s a debt-ceiling deal
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How will the Fed react to the debt ceiling breach? Here are some plays in the playbook.
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House Democrats say they have 213 votes for ‘discharge petition’ option in debt-limit standoff
All 213 Democratic lawmakers in the U.S.House of Representatives support a “discharge petition” that could end the debt-ceiling standoff, House Minority Whip Katherine Clark told reporters on Wednesday.It would need to get the support of five House Republicans in order to pass the 435-seat chamber.A discharge petition is a parliamentary procedure that lets lawmakers bypass leadership, which is critical since the House is currently run by Republicans.
McCarthy signals he accepts Yellen’s assessment for debt-ceiling deadline
House Speaker Kevin McCarthy on Wednesday appeared to push back against some of his fellow Republicans who have expressed skepticism about Treasury Secretary Janet Yellen’s debt-ceiling deadline of June 1.
“Whoever is the secretary of the Treasury, I’m going to take whatever date they say,” the California Republican said during a Fox Business interview.
“There’s probably leeway … but if she says that’s the date, that’s the date I’ve been working on.”
McCarthy says debt-ceiling talks ‘going a little better,’ but still sees challenge
House Speaker Kevin McCarthy continued to sound somewhat upbeat on Washington’s debt-ceiling standoff, as he spoke on Wednesday during a Fox Business interview.“We are in the room right now negotiating,” the California Republican said.“I think things are going a little better, but you know the challenge here.
Democrats continue to want to spend more.”
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What you should do right now to prepare for a debt-ceiling breach
‘There will be a lot of consumers who will be in an impossible financial situation,’ one financial adviser says.
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