AMD makes the flagship Ryzen 9 9950X3D2 official — first dual-cache X3D CPU arrives in April, with 208MB cache, 200W TDP, promising modest performance gains Tom's Hardware
AMD makes the flagship Ryzen 9 9950X3D2 official — first dual-cache X3D CPU arrives in April, with 208MB cache, 200W TDP, promising modest performance gains Tom's Hardware
AMD makes the flagship Ryzen 9 9950X3D2 official — first dual-cache X3D CPU arrives in April, with 208MB cache, 200W TDP, promising modest performance gains tomshardware.com
AMD makes the flagship Ryzen 9 9950X3D2 official — first dual-cache X3D CPU arrives in April, with 208MB cache, 200W TDP, promising modest performance gains tomshardware.com
Role as minority owner of Raiders causes problems Former QB says he is ‘very happily retired’ Tom Brady says he explored the idea of making a return to the NFL as a player but the league “don’t like that idea very much”. Brady’s last NFL game came in a defeat to the Dallas Cowboys in January 2023. Since then he has become a part-owner of the Las Vegas Raiders as well as a television analyst for Fo...
Role as minority owner of Raiders causes problems Former QB says he is ‘very happily retired’ Tom Brady says he explored the idea of making a return to the NFL as a player but the league “don’t like that idea very much”. Brady’s last NFL game came in a defeat to the Dallas Cowboys in January 2023. Since then he has become a part-owner of the Las Vegas Raiders as well as a television analyst for Fox. A spokesperson for the league said that Brady, who turns 49 in August, would need to divest his stake in the Raiders if he was to return to playing. Continue reading...
Turkey’s central bank sold and swapped about 60 tons of gold, worth more than $8 billion, in two weeks after the start of the war in Iran, adding to downward pressure on bullion prices. Turkish gold reserves show a decline of 6 tons in the week of March 13 and another 52.4 tons in the week of March 20, marking a sharp drawdown in reserves, according to the latest data published by the central bank...
Turkey’s central bank sold and swapped about 60 tons of gold, worth more than $8 billion, in two weeks after the start of the war in Iran, adding to downward pressure on bullion prices. Turkish gold reserves show a decline of 6 tons in the week of March 13 and another 52.4 tons in the week of March 20, marking a sharp drawdown in reserves, according to the latest data published by the central bank. Some of that was sold outright, while the majority was used to secure foreign exchange or liras via swap agreements, according to people familiar with the matter. Turkey’s central bank declined to comment. The move comes amid strains on Turkey’s disinflation strategy, which relies heavily on maintaining a stable or steadily depreciating lira, including with hard-currency interventions, usually via state-run banks. Rising energy import costs and increased dollar demand since the conflict began have made that approach more challenging to maintain. Officials have turned to gold sales and gold swap arrangements from the central bank’s $135 billion stockpile to meet liquidity needs and stabilize domestic demand, according to Iris Cibre, the founder of Phoenix Consultancy in Istanbul. She estimated total sales at 58.4 tons, with more than half of that conducted via gold-for-foreign-exchange swaps abroad. That amount exceeds total outflows from gold-backed exchange-traded funds tracked by Bloomberg, which were about 43 tons over the same two-week period. ETFs are one of the most popular ways for institutional and retail investors to get exposure to gold. Policy Shift Bloomberg reported on Tuesday that Turkey’s central bank had been discussing tapping its gold reserves via transactions in London as it seeks to shield the lira from steeper war-related losses. The report sent gold’s spot price on global markets swinging to a loss from an earlier gain. Read more: Turkey Eyes $135 Billion Gold Reserves for Lira Defense The sales mark a reversal for Turkey, which has been one of the w...
Bain & Company announces expansion of lead global management consulting partnership with Palantir to bring world industry-leading AI transformation capabilities to clients Bain & Company
Bain & Company announces expansion of lead global management consulting partnership with Palantir to bring world industry-leading AI transformation capabilities to clients Bain & Company
Bain & Company announces expansion of lead global management consulting partnership with Palantir to bring world industry-leading AI transformation capabilities to clients bain.com
Bain & Company announces expansion of lead global management consulting partnership with Palantir to bring world industry-leading AI transformation capabilities to clients bain.com
JHVEPhoto/iStock Editorial via Getty Images In its annual general meeting on Thursday, Novo Nordisk ( NVO ) announced the appointment of Poul Weihrauch, CEO of U.S. chocolate maker Mars, as an observer to the weight-loss drugmaker’s board. The former Nestlé ( NSRGY ) ( NSRGF ) executive will become a board observer for the 2026/2027 term, as the company intends to nominate him for election as a bo...
JHVEPhoto/iStock Editorial via Getty Images In its annual general meeting on Thursday, Novo Nordisk ( NVO ) announced the appointment of Poul Weihrauch, CEO of U.S. chocolate maker Mars, as an observer to the weight-loss drugmaker’s board. The former Nestlé ( NSRGY ) ( NSRGF ) executive will become a board observer for the 2026/2027 term, as the company intends to nominate him for election as a board member at next year’s annual general meeting, Novo ( NVO ) said in a statement. Additionally, shareholders of the Danish drugmaker elected three new board members: Helena Saxon, a board member at Swedish fashion retailer H&M ( HNNMY ) ( HMRZF ), and pharma industry veterans Jan van de Winkel and Ramona Sequeira. Lars Rebien Sørensen, the chair of Novo Nordisk’s ( NVO ) majority shareholder, the Novo Nordisk Foundation, was reelected as the chair of the company's board. Before becoming the chair in July 2025, Sørensen, who served as NVO CEO from 2000 to 2016, became a board observer in May when former CEO Lars Fruergaard Jørgensen stepped down in light of the company’s recent market challenges. More on Novo Nordisk A/S Novo Nordisk: The Illusion Of Cheap Novo Nordisk - Enough Is Enough: 5 Reasons It's Time To Sell (Rating Downgrade) Novo Nordisk: Buying The Dip Before Volume Dominance Novo’s China obesity drug posts positive mid-stage trial results Novo Nordisk board proposes DKK 7.95 final dividend for 2025, initiates DKK 15B buyback
Erik Isakson/DigitalVision via Getty Images Alphabet /Google ( GOOG / GOOGL ) just announced yesterday (March 25) three sets of new algorithms that target intensifying memory bottlenecks in AI compute. At the forefront is “TurboQuant”, which is designed to compress the increasing key value cache (“KV cache”) memory footprints inherent in high-volume inference – especially agentic AI workflows – wi...
Erik Isakson/DigitalVision via Getty Images Alphabet /Google ( GOOG / GOOGL ) just announced yesterday (March 25) three sets of new algorithms that target intensifying memory bottlenecks in AI compute. At the forefront is “TurboQuant”, which is designed to compress the increasing key value cache (“KV cache”) memory footprints inherent in high-volume inference – especially agentic AI workflows – without compromising on performance and accuracy. TurboQuant is enabled by the “Quantized Johnson-Lindenstrauss” (“QJL”) and “PolarQuant” algorithmic components, which together form a software advancement that complements recent hardware designs aimed at addressing the memory bottleneck in the next phase of AI compute for high-volume inference at scale. Google’s latest algorithmic advancements targeting AI memory constraints represent a key validating catalyst for Credo Technology Group Holding Ltd’s ( CRDO ) product roadmap, particularly its three most recent offerings – namely, Active Led Cables (“ALCs”), ZeroFlap Optics (“ZF Optics”) and “ Weaver ” OmniConnect gearboxes. Given the rapid scale-out (i.e., cross-server and cross-rack connections) of increasingly large AI cluster deployments, as well as intensifying memory constraints in the next phase of AI compute, Google’s latest algorithmic developments further underscores the need for complementary hardware advancements. Specifically, the shift underscores growing demand for efficient memory connectivity, as well as higher-bandwidth networking and more reliable optical interconnect alternatives capable of overcoming imminent infrastructure bottlenecks. And Credo’s product roadmap is competitively positioned to address the emerging shift in infrastructure demand. This is expected to further reinforce the durability of Credo’s high growth and earnings accretive trajectory ahead of the secular transformation in AI infrastructure, which remains underappreciated at current levels. Google’s New Memory Compression Algorithms As ...
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. 1. The S & P 500 fell nearly 1% on Thursday on uncertainty over ceasefire talks with Iran, erasing gains from the session prior. During Thursday's Cabinet meeting, President Donald Trump said the moves in oil and the stock market due to the conflict...
Every weekday the CNBC Investing Club with Jim Cramer holds a "Morning Meeting" livestream at 10:20 a.m. ET. Here's a recap of Thursday's key moments. 1. The S & P 500 fell nearly 1% on Thursday on uncertainty over ceasefire talks with Iran, erasing gains from the session prior. During Thursday's Cabinet meeting, President Donald Trump said the moves in oil and the stock market due to the conflict are not as severe as he thought they would be. Not surprisingly, U.S. oil prices were up 4%, following the inverse pattern of oil-up-stocks-down (and vice versa) that we have largely seen since the war began nearly four weeks ago. Jim cautioned investors against making big stock moves while oil is still in control of the market. "That won't work," Jim said. On Friday, Jim holds the Club's March Monthly Meeting at 12 p.m. ET. 2. Jefferies started Wells Fargo as a buy, naming the stock its top pick among four money-center or super-regional banks. With Wells Fargo's $1.95 trillion asset cap finally gone , analysts said the bank can grow its balance sheet and interest-based income much faster. Jim said investors can buy more shares if Wells falls below $80 per share, less than 1% below its Wednesday close. He chalked up much of Wells Fargo's success to CEO Charlie Scharf's leadership. "Scharf has cleaned up all the problems," Jim said. "Scharf's always been a really terrific CEO." 3. TJX stock got some love from Bernstein. Analysts said it is a favored name during periods of economic uncertainty as the off-price retailer behind T.J. Maxx, Marshalls, and HomeGoods offers top quality at affordable prices. New investors may balk at TJX's premium stock valuation, but Bernstein said it's worth it. If the stock sharply declines, it could be a chance to buy. "It goes through these swoons every once in a while," said Jeff Marks, director of portfolio analysis for the Club. "It might be a good opportunity there to pick it up." 4. Stocks covered in Thursday's rapid fire at the end of th...
Alena Kravchenko/iStock Editorial via Getty Images Investment action I upgraded to a buy rating for Victoria's Secret & Co. ( VSCO ) previously, as it has continued to take share in the core intimates business, PINK is working out nicely, and international initiatives are scaling faster than I thought. Since early this year, things have progressed well. The core intimates business is still taking ...
Alena Kravchenko/iStock Editorial via Getty Images Investment action I upgraded to a buy rating for Victoria's Secret & Co. ( VSCO ) previously, as it has continued to take share in the core intimates business, PINK is working out nicely, and international initiatives are scaling faster than I thought. Since early this year, things have progressed well. The core intimates business is still taking share, the customer file is improving, and international is scaling through a model that should allow growth to continue. I reiterate a buy rating. The core business is showing proof that the turnaround is real My previous thesis was anchored on the idea that the core intimates business was stabilizing, but fast forward to today, I think there is proof that it is doing much better, and more importantly, it is broader. The pushback previously was that any form of improvement was due to a few product wins or easier y/y comps, and I think the recent numbers we have should put that debate to rest. First of all, VSCO continued to win total intimates market share for the third consecutive quarter, with share up low single digits. This is a strong signal that customers are choosing VSCO more often. Note that this is a mature category, and winning market share is not easy unless product relevance is actually improving. Secondly, the Victoria's Secret bra business grew mid-single digits in the latest Q4 and had finally seen annual growth for the first time since 2021. This second point is a huge one because, for VSCO, bras are the key growth driver for this business. You can think of VSCO's bras segment as the main funnel for its other assortment. When bras are working, the traffic and halo effect spreads into other categories. For instance, if a consumer goes into a VSCO store because of an attractive-looking bra, chances are they may be attracted to a similarly designed/concepted panty. That is exactly what happened here. Demand for panties accelerated and delivered their best per...