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James Packer’s Crown exit gets better with age
Opinion
Casinos

James Packer’s Crown exit gets better with age

The billionaire pocketed $3.3 billion selling his stake to Blackstone, and while his fortune has soared since the deal, the resort group is now worth peanuts.

  • by Elizabeth Knight

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Hot chips: The split that sparked a $97 billion meltdown
Opinion
AI

Hot chips: The split that sparked a $97 billion meltdown

It is an industry crucial to the 21st century, but two of its biggest players are going in opposite directions.

  • by Stephen Bartholomeusz
Is the tide about to turn for small caps?

Is the tide about to turn for small caps?

The world’s central banks have kickstarted what looks to be an aggressive series of rate cuts and for smalls caps, this just might be the turning point.

  • by Bill McConnell
The $22 trillion question hanging over Wall Street
Opinion
AI

The $22 trillion question hanging over Wall Street

Some of the world’s biggest technology investors have lined up to bet on artificial intelligence pioneer OpenAI. They will be banking on a big return.

  • by Stephen Bartholomeusz
Pressure on the Fed is mounting as sharemarkets spiral again

Pressure on the Fed is mounting as sharemarkets spiral again

Nearly a month ago, Wall Street plunged in response to a shock set of US job figures. Overnight, the market plunged again, in expectation of more bleak numbers this week.

  • by Stephen Bartholomeusz
Wall Street darling suffers record $416 billion meltdown in one day

Wall Street darling suffers record $416 billion meltdown in one day

The value of AI powerhouse Nvidia just fell by the equivalent of the total value of energy giant Chevron in a single session.

  • by Jeran Wittenstein and Ryan Vlastelica
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The $48 billion ‘disappointment’ that sent a shiver through Wall Street
Opinion
AI

The $48 billion ‘disappointment’ that sent a shiver through Wall Street

Nvidia had a meteoric rise to become one of the world’s most valuable companies, but we just got a snapshot of the AI powerhouse’s vulnerability.

  • by Stephen Bartholomeusz
Is the AI bubble about to burst?
Analysis
AI

Is the AI bubble about to burst?

As the AI arms race rages, one deal has likely altered Australia’s trajectory in one fell swoop.

  • by David Swan
Delorean leaves broken-down movie namesake for dust

Delorean leaves broken-down movie namesake for dust

This week’s Bulls N’ Bears Runner of the Week is … Delorean after it threw out some striking financial results during an interesting quarterly reporting period.

  • by Andrew Todd
$1.1 trillion wipeout: Wall Street just got hit with a reality check

$1.1 trillion wipeout: Wall Street just got hit with a reality check

Wall Street has been riding an AI wave, but it just recorded its worst day since 2022 after investors were spooked by results from two of the world’s biggest companies.

  • by Stephen Bartholomeusz
ASX hits record high; CBA eclipses BHP as Australia’s biggest company

ASX hits record high; CBA eclipses BHP as Australia’s biggest company

The Australian sharemarket climbed to a record high after four out of every five stocks that comprise the benchmark S&P 500 Index advanced on Wall Street overnight.

  • by Millie Muroi

Original URL: https://www.smh.com.au/topic/Nvidia-6gk0