Nvidia Leads the Charge Shares of technology companies surged amid signs that the AI boom is gathering momentum. Nvidia shares leapt by more than 15% after the chip maker forecast burgeoning growth for its artificial-intelligence supporting semiconductors. Gains for Nvidia have amounted to more than 60% for the year to date. On Thursday, Nvidia added $276.7 billion in market … [Read more...] about AI Stocks Surge in Tech Sector
UnitedHealth Group Cyberattack
A business owned by UnitedHealth Group Inc. is currently dealing with a cyberattack that has caused disruptions in some operations. The company suspects that a "nation-state-associated cybersecurity threat actor" has gained access to certain information-technology systems operated by its Change Healthcare unit. Restoration Efforts in Progress UnitedHealth is actively working to … [Read more...] about UnitedHealth Group Cyberattack
DeSantis Success at Disney District
ORLANDO, Fla. - A year after Florida lawmakers granted Governor Ron DeSantis control over Walt Disney World's governing district, DeSantis celebrated the success of the takeover despite challenges. Legal Victory DeSantis proudly announced a recent legal victory against Disney over control of the district, previously led by Disney supporters for over five decades. The governor's … [Read more...] about DeSantis Success at Disney District
WisdomTree CEO Boosts Confidence
WisdomTree (W) stock has been outperforming the market over the past year, with CEO Jonathan Steinberg recently increasing his stake in the asset management company. Strong Performance in 2023 and 2024 In 2023, WisdomTree stock surged 27%, beating the S&P 500 index's 24% rise. The company has continued to keep pace with the index in 2024. Furthermore, on February 2, … [Read more...] about WisdomTree CEO Boosts Confidence
Canada’s December Budget Deficit Update
Canada's budget deficit widened in December, driven by increased spending on government initiatives and public-debt charges, surpassing revenue gains by a significant margin. Fiscal Monitor Report The Department of Finance's monthly fiscal monitor publication revealed that the budget shortfall in December amounted to 4.47 billion Canadian dollars, equivalent to $3.32 billion. … [Read more...] about Canada’s December Budget Deficit Update
