Triumphant Returns A common plot device in books, movies and video games is that of failure and difficulty. The protagonist often runs into an obstacle that they initially can’t get past. They spend time developing and working out their issues, before eventually overcoming their challenge. S&P 500 companies went through such a struggle a year…Read more
Digital Gold Rush If you think AI is just a fad, think again:. Last week, NVIDIA (NVDA), poster child of the industry, reported an astounding $26 billion in revenue for the previous quarter, pushing its stock price above $1,000. NVIDIA, which makes chips that are essential for AI, brought in $14.9 billion in net income,…Read more
Biden Takes on China Last week, President Joe Biden announced tariffs on some $18 billion worth of Chinese goods, building on policies instituted by his predecessor, former President Donald Trump. Biden focused on goods he claimed were unfairly subsidized by the Chinese government, including steel, electric vehicles, batteries, and solar panels. This should be good…Read more
