Microsoft made a smart move in 2019 by investing in OpenAI. It still holds a 27% stake in OpenAI, a company reportedly worth $500 billion. However, more than the financial aspect, OpenAI provided Microsoft with access to large language models (LLMs) and applications, enabling it to build a wide portfolio of AI-powered tools and deploy them across its offerings.From helping users write emails to creating images to drafting documents and writing code, ChatGPT's versatility and productivity have been the key r ...

The mysterious Michael Burry has pulled back the curtain over the past six weeks, revealing his views on everything from bitcoin and meme stocks to the AI boom and the Federal Reserve. The investor of "The Big Short" fame was previously known for posting cryptic warnings on X, only to swiftly delete them and go silent for months or years at a time.He has now closed his hedge fund to outside cash, and shifted his focus to writing about his personal investments and sharing his financial analyses on Substack. ...

Sure. No, it's a great point though. Christina, thanks.We appreciate it. Christina parts and Nevis. Let's break it down further with someone who was just part of a big chips forum out in Asia.Stacy Rasg is a senior analyst at Bernstein covering the US semispace. Stacy, it's great to see you. I was just talking with Dan Ies backstage and who says he thinks the play is really to kind of make sure that China stays hooked on these chips so that they don't, as Christina was saying, develop their own chip uh indu ...

Giverny Capital Asset Management, LLC, an investment management company, recently published its third-quarter 2025 investor letter. A copy of the letter can be downloaded here. The portfolio generated good results in the third quarter and returned 6.78% compared to 8.12% for the S&P 500. YTD, the fund returned 12.57% compared to 14.83% for the index. Additionally, you can review the fund’s top 5 holdings to see its best picks for 2025. In its third-quarter 2025 investor letter, Giverny Capital Asset Manag ...

Let's ask the so-called dean of valuation, Aswat de motor in NYU's Stern School of Business. Good to have you back. >> Thank you for having me. >> I mean, I think we're all looking at the the the same market and maybe coming with different conclusions. What about these meggaap stocks? I mean, when you grade them, what do you what do you give them? I I think one of the reasons it's so difficult to arrive at a consensus here is when you look at the market caps and they clearly I mean they're at levels we have ...

中国AI芯片行业现状与政策困境 - 中国正加速推动国产AI芯片发展 但同时也在放宽英伟达的出口限制[1] - 行业研究公司TrendForce预测 中国高端芯片市场明年将增长超过60% 达到约50%的市场份额 但该预测建立在禁止美国芯片的背景下[5] 中国科技公司的行为与依赖 - 深度求索等公司被报道利用走私的黑色渠道芯片进行模型训练[2] - 字节跳动和阿里巴巴在出口限制窗口重新开放后 立即寻求订购英伟达H200芯片[2] - 中国AI实验室并未摆脱美国硬件 反而更加依赖英伟达的技术路线图 其发展上限受制于华盛顿允许的芯片代际[4][5] 国内芯片产业与政策权衡 - 中国的国产芯片产业仍远远落后 其国内芯片冠军企业目前市值接近3000亿美元[2][3] - 政策面临三重难以取胜的权衡：允许购买英伟达芯片会损害国产芯片发展势头；阻止购买会拖慢本国科技巨头并削弱其最佳AI模型；对灰色市场芯片睁一只眼闭一只眼则意味着完全放弃监管控制[3] - 政策并未给AI行业注入强心剂 而是将已有的、被深度求索等公司利用的依赖关系正式化[4] 市场动态与潜在影响 - 出口限制的重新开放可能改变市场格局 并威胁北京多年来支撑的所有人为需求[6] - 获得合法访问权限并未缩小技术差距 反而限制了中国的发展选项 并将进步的上限控制在美国手中[6] - 此举使北京陷入困境 并迫使其决定哪些公司能够使用英伟达芯片[8]

Oracle reporting earnings. Sema Modi here with more on what to watch out for this afternoon. Sema >> Sarah and Carl, the number one topic investors want clarity on is Oracle's financing plan.How does it fund this mega data center buildout with its debt already exceeding hundred billion while also holding on to its investment grade credit rating. It's also got that jumbo bond sale of $18 billion a couple of weeks ago, the biggest of the year. That rattled markets, right.had sent Oracle's 5-year credit defaul ...

Nvidia CEO Jensen Huang has long lobbied for this approval.The U.S. government could approve sales of more advanced Nvidia (NVDA 0.31%) chips to China, which could add billions of dollars in revenue and profits for Nvidia.*Stock prices used were the afternoon prices of Dec. 7, 2025. The video was published on Dec. 9, 2025. ...

President Trump's decision to allow Nvidia to sell its chips to China has raised questions about whether he is prioritizing short-term economic gain over long-term American security interests. ...

President Trump said Nvidia can export some chips. But years of U.S. restrictions have propelled China to make everything it needs for advanced A.I. ...