Chip demand is 15 to 1 supply.

Chip demand is 15 to 1 supply.

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Daniel Ives, Managing Director of Equity Research at Wedbush Securities, discusses the tech sector’s future, emphasizing the significant demand for AI chips and software. Source link

A dockworkers strike could shut down East and Gulf ports. Will it affect holiday shopping?

A dockworkers strike could shut down East and Gulf ports. Will it affect holiday shopping?

NEW YORK — U.S. ports from Maine to Texas could shut down Tuesday if a union representing about 45,000 dockworkers carries through with a threatened strike. A lengthy shutdown could raise prices on goods around the country and potentially cause shortages and price increases at big and small retailers alike as the holiday shopping season … Read more

Rwanda reports 8 deaths linked to Ebola-like Marburg virus days after it declared an outbreak

Rwanda reports 8 deaths linked to Ebola-like Marburg virus days after it declared an outbreak

Kigali, RWANDA — Rwanda says eight people have died so far from the Ebola-like and highly contagious Marburg virus, just days after the country declared an outbreak of the deadly hemorrhagic fever that has no authorized vaccine or treatment. Like Ebola, the Marburg virus originates in fruit bats and spreads between people through close contact … Read more

Rwanda restricts funeral sizes following outbreak

Rwanda restricts funeral sizes following outbreak

Rwandan authorities have restricted funeral sizes for victims of Marburg virus in an effort to curb an outbreak of the highly contagious disease. Eight people have died during Rwanda’s first outbreak of the virus, which was confirmed on Friday by the nation’s health ministry. Marburg, with a fatality rate of up to 88%, is from … Read more

AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for $7.6 billion

AT&T exits showbiz, sells remaining stake in DirecTV to private equity firm TPG for .6 billion

AT&T is selling its majority stake in DirecTV to private equity firm TPG Partners for $7.6 billion, ending the communication giant’s remaining ties to the entertainment industry. AT&T said Monday in a filing with the Securities and Exchange Commission that it will receive payments from TPG and DirecTV for its remaining 70% stake in the … Read more