Analyst Pierre Ferragu downgraded Nvidia's rating to neutral, citing concerns over future growth and valuation. Nvidia stock has struggled to return to its glory in the past few days.
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Tesla Makes Debut on Chinese Government Procurement List, a First for Foreign EV Brands
Tesla has achieved a milestone as the first foreign-owned electric vehicle brand to be included in a Chinese government procurement list.
GLP-1 Treatments Like Ozempic Reduce Risk of Obesity-Related Cancers in Type 2 Diabetes Patients: Study
Patients with type 2 diabetes taking GLP-1 treatments, including Ozempic, have a reduced risk of developing 10 types of obesity-related cancers compared to those using insulin and other diabetes medications, according to a new study.
Carlos Slim Invests $1.2 Billion to Establish Gulf of Mexico Gas Field
Mexican billionaire Carlos Slim’s company, Grupo Carso SAB, announced that it was investing $1.2 billion to develop a vast gas field in the Gulf of Mexico.
CPKC Rail Cars with Hazardous Materials Burn for Over 12 Hours in North Dakota
A train carrying hazardous materials derailed in a remote area of North Dakota early Friday, July 5, causing a fire that continued to burn for over 12 hours.
Latest News
Proposals to raise Ohio’s minimum wage to $15 per hour have failed this year due to insufficient signatures, delaying the initiative to potentially appearing on the ballot in 2025, following opposition from businesses.
Chinese automaker GAC is in talks with Turkey's TOGG for potential joint EV production ventures, a potential bilateral cooperation in both countries' automotive sectors.
PayPal's Australian branch has used an unfair term in its standard contracts with small business clients, according to a federal court.
The Australian government has signed a $2 billion agreement with Amazon Web Services (AWS) to store sensitive intelligence data on the cloud.
Tesla's Model Y is now included on a Chinese government purchase list, making it the first foreign-owned electric vehicle brand approved for procurement by Jiangsu province.
A Texas woman lost $17,000 to a phone scam in which fraudsters posed as representatives from Wells Fargo.
Mt. Gox, the defunct Japanese Bitcoin exchange, has begun reimbursing creditors with Bitcoin and Bitcoin Cash, starting with 140,000 Bitcoins recovered out of approximately 950,000 lost.
In June, the US labor market added 206,000 jobs while the unemployment rate rose to 4.1%, the highest since 2021, indicating potential underlying challenges despite positive job growth.
Brazil's former president Jair Bolsonaro was indicted by the country's Federal Police for alleged money laundering and criminal association.
