November 19, 2024

Super Micro just hired a new auditor that might save it from getting the boot from Nasdaq

Super Micro Computer hired a new auditor Monday after its previous one, Ernst & Young, quit in the middle of an engagement. The Silicon Valley-based company, which touts a close relationship with AI stock-rocket Nvidia, had risked being delisted from the Nasdaq after failing to file both an annual and quarterly report on time. Its previous grace period with the exchange would have run out next week. But after hiring

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November 19, 2024

Dental company stocks jump amid RFK Jr.’s health claims about fluoride

Robert F. Kennedy Jr.’s concerns about the health effects of fluoride may already be helping some Americans — investors in dental services companies.  Shares in Dentsply Sirona, Envista, Henry Schein Patterson Companies, and other providers of dental products are jumping, with Wall Street betting that a potential push by the incoming Trump administration to remove fluoride from the nation’s drinking water could spur demand for the companies’ services.  Kennedy, tapped

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November 19, 2024

Goldman Sachs chairman expects deals to pick up in 2025 By Reuters

HONG KONG (Reuters) – Goldman Sachs Chairman David Solomon said on Tuesday there will be more robust levels of both capital raising and M&A in 2025 with the new U.S. administration. “Given where we are at the moment, … you’re starting to unleash some of those animal spirits, and you’re seeing a pick-up in equity activity, pick-up in M&A activity,” Solomon said at the Global Financial Leaders Investment Summit hosted

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November 19, 2024

Nvidia Stock Has Done This After Its Last Four Quarterly Results. Here’s What It May Do After Nov. 20

Nvidia (NASDAQ: NVDA) stock’s stellar rally is set to be tested when the semiconductor giant releases its fiscal 2025 third-quarter results (for the three months ended Oct. 27) on Nov. 20, as investors and analysts will be expecting the chipmaker to continue its artificial intelligence (AI)-fueled surge. After all, shares of Nvidia have shot up a remarkable 196% so far in 2024, as of this writing, and they command a

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November 19, 2024

Trump picks Sean Duffy, Fox host and former Wisconsin congressman, for transportation secretary

President-elect Donald Trump said Monday he is naming former Wisconsin Rep. Sean Duffy as his nominee for transportation secretary, as he continues to roll out picks for his Cabinet. Duffy is a former reality TV star who was one of Trump’s most visible defenders on cable news — a prime concern for the media-focused president-elect. Duffy served in the House for nearly nine years, was a member of the Financial

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November 19, 2024

UK-India trade talks to re-launch in the new year

Free trade talks between India and the UK will be relaunched in the new year, Downing Street has announced. The news comes after Sir Keir Starmer met Indian prime minister Narendra Modi at the G20 summit in Brazil. A post-Brexit deal could unlock valuable markets for British cars, Scottish whisky, and financial services worth billions of pounds, with India on course to become the third largest economy in the world

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November 19, 2024

TNT’s “Inside the NBA” will air on ESPN, ABC starting next season, as part of NBA settlement

“Inside the NBA” will continue, even though games will no longer be airing on TNT at the end of this season. The popular studio show will appear on ESPN and ABC beginning next season as part of a settlement between Warner Bros. Discovery and the NBA that was announced on Monday.  The settlement gives TNT Sports, Bleacher Report and House of Highlights a global license for NBA content with no

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