No Picture
Trading Ideas

Nvidia lays out plan to create new kind of data center chip

Models with limited features will debut in months, while full-fledged versions are planned within two years, Nvidia said in a press briefing. Server companies such as Dell Technologies and Lenovo Group Ltd plan to integrate them into their machines, it added. Nvidia chips have long been used to improve video game graphics, but in recent years they have helped to speed up artificial intelligence tasks such as image recognition. …read more […]

No Picture
Trading Ideas

Nvidia building UK supercomputer to boost COVID-19 research

U.S. chip giant Nvidia said on Monday it is building Britain’s most powerful supercomputer, which will use artificial intelligence to help researchers solve pressing medical challenges, including those related to COVID-19. GSK and AstraZeneca, which are both involved in coronavirus vaccine research, will be two of the first pharmaceutical companies to harness the power of the machine, Nvidia said. The Cambridge-1 computer, which is expected to come online by the end of the year in Cambridge, east England, will be a NVIDIA DGX SuperPOD system capable of delivering more than 400 petaflops of AI performance, the company said. …read more […]

No Picture
Trading Ideas

An Introduction To After-Hours Trading

Traditionally, stock market trading occurs during the day. In fact, when most people think of stock market trading, they probably think of lots of people in suits on the trading floor of a stock exchange engaging in various trading strategies. Pandemonium reigns as they compete for shares during the trading session.
But did you know that after-hours trading is also a thing? And now you’re probably wondering what after-hours trading is.
It’s true. You can buy and sell shares of stock outside of the normal stock market hours. Of course, as with all things, there are both pros and cons to doing …read more […]

No Picture
Trading Ideas

Special Report: Plastic pandemic: COVID-19 trashed the recycling dream

The pandemic has intensified a price war between recycled and new plastic, made by the oil industry. “I really see a lot of people struggling,” Steve Wong, CEO of Hong-Kong based Fukutomi Recycling and chairman of the China Scrap Plastics Association told Reuters in an interview. Already since 1950, the world has created 6.3 billion tonnes of plastic waste, 91% of which has never been recycled, according to a 2017 study published in the journal Science. …read more […]

No Picture
Trading Ideas

This Retirement Number Should Make You Sick

We read something disgusting last week.
It was an opinion piece detailing the depth of the financial pain caused by the COVID-19 shutdown.
The statistics weren’t anything new.
A prominent economist predicts half of Americans 55 and up will retire at or near the poverty line. That means they’ll live on less than $20,000 of income each year.
That thought should make you sick.
COVID-19 has made the problem worse, of course. The pain is certainly sharper.
But this is not a COVID-19 problem.
As so many like to argue these days, the virus isn’t the main cause of death… It’s merely an aggravating factor.
It brings us …read more […]

No Picture
Trading Ideas

Microsoft to Build Greek Data Centers

(Bloomberg) — Microsoft Corp. has agreed to build a series of new data centers in Greece, in a move the Greek government says will boost entrepreneurship and encourage other major companies to invest in the country.The “ongoing” investment will be the biggest by the U.S. technology giant in its 28 years of operations in Greece, Microsoft President Brad Smith said at a deal presentation in Athens Monday. The decision “shows confidence in the Greek economy, the Greek people and the government,” Smith said. “It’s not something we do in every country.”Microsoft will also start a training program to help fill …read more […]