Articles written by Kaustubh Bagalkote - Benzinga

Nvidia's Stellar Turnaround To Propel Google, Meta, TSM, And ASML Amid Rapid AI Advancements, Says Gene Munster

Nvidia is experiencing a remarkable turnaround, and according to Deepwater Asset Management's Gene Munster, this success is set to have a ripple effect on other industry players.

Nvidia At The Center Of Global 'Sovereign AI' Wave: Here's What It Means

Nvidia is emerging as a key player in the global drive for 'Sovereign AI' as nations seek to develop independent AI capabilities, a trend that could significantly boost the company's long-term growth.

Bill Gates Shares His Summer Favorites: 5 Must-Read Books And Shows To Watch

Microsoft co-founder Bill Gates shares his summer picks, each tied to the theme of service to others.

Nvidia Vs Federal Reserve: Who's Steering The Market?

Brian Sullivan of CNBC's Last Call engaged in a discussion with Michael Farr from Farr, Miller & Washington, exploring the macro-market's focal points: NVIDIA versus the Federal Reserve.

Nvidia Doubles Down On AI Future With Blackwell, Priming For Trillion-Parameter Era, 'Let Us Expand And Offer A Richer' Solution, Says Jensen Huang

In its first-quarter earnings call, Nvidia introduced its cutting-edge Blackwell AI computing platform, positioning itself at the forefront of the generative AI revolution.

Mohamed El-Erian And Bitcoin-Critic Peter Schiff Highlight Gold's Soaring Prices And Market Momentum: 'Just Sit Tight And Enjoy The Ride'

As the price of gold continues to soar, prominent economists Mohamed A. El-Erian and Peter Schiff are emphasizing the ongoing strength of the gold market. El-Erian highlights the significant expansion of the commodity rally, while Schiff underscores the importance of holding onto gold and silver assets amid a promising market outlook.

Top 5 Highest Paid American CEOs Of 2023

In 2023, the chiefs of America's biggest companies reached new pay heights, thanks to substantial stock awards boosting their compensation packages.

Trump Media & Technology Group Reports Over $300M Loss In First Earnings Since Going Public: Truth Social Parent 'Remains Focused On Long-Term Product Development'

For the three months ending Mar. 31, the company posted a loss of $327.6 million, which included $311 million in non-cash expenses related to its merger with Digital World, a company created specifically to merge with a target business.

President Raisi, Who Was Seen As Ayatollah's Successor To Be Iran's Supreme Leader, Confirmed Dead By State Media (UPDATED)

Iranian state news agency IRINN and semi-official news agency Mehr News reported that there were "no survivors" at the crash site of the helicopter carrying President Ebrahim Raisi.

Warning For Chinese Economy? Shoppers Fail To Keep Pace With Factory Output

In April, China's retail sales growth decelerated while industrial activity remained robust, according to data released on Friday by the National Bureau of Statistics.

OpenAI's 'Guiding Light' Ilya Sutskever And Jan Leike Resign One After The Other: CEO Sam Altman Says, 'This Is Very Sad'

OpenAI Chief Scientist Ilya Sutskever has announced his departure from the company. This development comes after a series of significant events at the artificial intelligence giant.

UK's Economy Exits Recession With 0.6% GDP Growth: El-Erian Calls For Sustainable Growth

The UK has successfully navigated its way out of a recession, with the gross domestic product expanding by 0.6% in the first quarter, according to official figures released on Friday.

OpenAI Is Working On New AI Image Detection Tools In Busy Election Year Worldwide To Tell If Photos Were Made By DALL-E

OpenAI develops AI tools to detect if an image is generated by its DALL-E AI generator and to watermark its content to prevent misuse.

Apple's New iPad Ad Draws Fierce Backlash From Creator Community As It Allegedly 'Celebrates Destruction'

A new advertisement by Apple Inc has sparked a significant backlash. The ad, which was unveiled during the launch of the new iPad, has been criticized for its portrayal of creative tools being crushed and replaced by the new iPad.

Gary Gensler-Led SEC A Source Of Frustration For Robinhood, CEO Vlad Tenev Says They've Held 16 Meetings Over Wells Notice

Tenev, in a recent interview with CNBC's Last Call, revealed that despite Robinhood's efforts to engage with the SEC, the regulatory body's response has been disappointing.

ARM CEO Rene Haas Bets Big On Automotive With ARMv9 Autonomous Driving Solutions: 'This Is Very, Very Significant'

ARM Holdings Plc is making a bold move to expand its presence in the automotive industry. The company has introduced its first autonomous driving solutions based on the powerful ARMv9 architecture.

Robinhood CEO Vlad Tenev Says The Platform Set To Introduce Index Options And Futures Trading For Active Traders: 'Don't Anticipate Seeing A Ton Of Cannibalization'

Robinhood Markets Inc is aggressively expanding its product suite for active traders, with plans to launch index options in the fourth quarter of 2024 and futures trading, as it looks to capitalize on its growing user base and trading volumes.

Can Jerome Powell Escape The Pressure Of Politics And The 2024 Election: 'He Has To Do Magic,' Says Market Strategist

The Federal Reserve's Chairman Jerome Powell is under intense scrutiny as the U.S. presidential election approaches. Market experts are questioning his ability to remain independent of political pressure.

Pro-Bitcoin President Javier Milei's Argentina Introduces 10,000-Peso Notes As It Combats Hyperinflation, Currency Collapse

To address severe inflation and currency devaluation, Argentina under President Javier Milei, known for his pro-Bitcoin (CRYPTO: BTC) stance, has introduced 10,000 peso notes. The new bills, worth approximately $11, are expected to alleviate the burden of carrying large amounts of cash.

Disney's Bob Iger Confident In Landing Long-Term NBA Rights Deal As Media Giant Enhances Streaming With ESPN Tile And Shifts Marvel Strategy

The Walt Disney Company is making major moves to enhance its streaming offerings and superhero content strategy, while expressing confidence in securing long-term NBA rights, according to remarks from the CEO on the company's second-quarter 2024 earnings call.