The U.S. is about to reclaim the top spot on the list of the world's fastest supercomputers. Summit, a $200 million system designed by International Business Machines (NYSE:IBM) for the Department of Energy's Oak Ridge National Laboratory, is tailor-made for big data and artificial intelligence (
Another fatal crash involving a Tesla Inc. electric car is under scrutiny following Chief Executive Officer Elon Musk’s latest lashing-out over media coverage of his electric-car maker.
Police in southern Switzerland are investigating the death of a German man whose Tesla crashed into a guardrail and burst into flames last week, the Associated Press reported Tuesday. Bloomberg News....More>>>
Indian mutual fund industry’s assets under management (AUM) are expected to touch Rs 100 lakh crore in the next 10 years on account of strong participation from retail investors, a top Mahindra AMC official said today.
At present, the mutual fund industry has an asset base of Rs 22.36 lakh crore.
“People want to make money and they have understood the fact that only way....More>>>
When Warren Buffett dissolved his investment partnership in 1969 to focus on Berkshire Hathaway, the company he had acquired a few years earlier, he recommended that his clients invest in the Sequoia Fund (SEQUX). It was great advicefor more than three decades, anyway.
See Also: 5 Good Places to Put Your Money During a Bear Market
When I recommended five low-risk funds to Kiplinger....More>>>
With Johnson & Johnson (JNJ) bouncing off record highs, BTIG has thrown in the towel on its buy rating. Analyst Dane Leone has downgraded the stock today to neutral from buy.J&J fell 0.63% to a recent $113.52.
Downgrading ahead of the Investor Day next week is a risk, but at this point we are not expecting any major strategic shifts. We remain interested in the long-term JNJ story,....More>>>
ZenCash (CURRENCY:ZEN) traded 8.8% lower against the US dollar during the 24-hour period ending at 22:00 PM ET on July 20th. Over the last week, ZenCash has traded up 28.5% against the US dollar. One ZenCash coin can now be bought for approximately $26.37 or 0.00362182 BTC on exchanges including
Portland Global Advisors LLC cut its position in shares of iShares Core S&P Mid-Cap ETF (NYSEARCA:IJH) by 2.1% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,875 shares of
(Editor's Note: Updated 2/1/2017 12:00 p.m. to correct the return calculation.)
Opinions on Citigroup Inc. (NYSE:C) are divided. The stock price has risen significantly since February 2016, and investors are starting to worry it is overvalued. I believe Citigroup is still a promising inves
The slaughter of consumer internet stocks Facebook, Twitter and Netflix has led investors to run scared of technology stocks in software and semiconductors that have actually done well. But this may cost them.