From TradeBriefs <[email protected]>
Subject Aug 13, 2024 - Nvidia's Earnings Set For 'Drop The Mic' Moment As Investors Anticipate 'Massive' AI Demand Forecast From CEO Jensen Huang, Says Tech Bull
Date August 13, 2024 2:53 AM
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-------------------------

The top stories being read around the world right now!

From the Editor's Desk

Mapped: Countries With The Highest Positive Emotions

Interestingly, the countries that top the Global Emotions report for
positive emotions differ from the happiest countries according to the
World Happiness Report. The latter is dominated by Nordic countries
like Finland and Denmark, and the differences come down to what is
being measured.

While the World Happiness report measures people’s overall life
satisfaction on a scale from 1-10, the Global Emotions report measures
whether people had specific positive experiences the prior day. Latin
American and Southeast Asian countries may top this list because these
regions highly value community. Social connections could make it more
likely for people to have the positive experiences the survey
measured, like feeling respected or smiling and laughing a lot.

Continued here
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Work

Nvidia's Earnings Set For 'Drop The Mic' Moment As Investors
Anticipate 'Massive' AI Demand Forecast From CEO Jensen Huang, Says
Tech Bull
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Price Action: Nvidia’s stock closed at $104.75 on Friday, down 0.21%
for the day. In after-hours trading, the stock inched up 0.019%. Year
to date, Nvidia’s stock has surged by an impressive 117.46%,
according to data from Benzinga Pro.

Work

How UrbanStems CEO Meenakshi Lala's Double Life as a Professional
Dancer Helps Her as an Executive - Inc.com (No paywall)
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Welcome to Out of Office, a recurring series that explores
the extracurricular activities of entrepreneurs--from passion
projects to full-blown side gigs--and why what they do in their
downtime helps them level up as business leaders.















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Lethal lemonade: Energy drinks aimed at young people linked to deaths,
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Sarah Katz steered clear of energy drinks because she knew they could
be risky for her, but the 21-year-old college student with an
underlying heart condition didn't know to avoid Panera Bread's Charged
Lemonade, her shattered mother says.

Work

Donald Trump suffering "implosion" inside campaign, former staffer
says
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"There is disarray in the Trump Campaign and 'tiny' Trump is looking
for a few scapegoats and personnel changes," Anthony Scaramucci wrote
on X, formerly Twitter, on Sunday. The post was viewed 1.3 million
times by Monday morning.














Work

We have a drug that might delay menopause -- and help us live longer
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Menopause is weird, biologically speaking. People, five species of
whales, and maybe chimpanzees are the only animals that seem to live
beyond their reproductive years. Menopause doesn’t have a lot of
evolutionary value: beyond the hot flashes and night sweats, the loss
of estrogen increases the risk of many of the chronic diseases we keep
track of, including Alzheimer’s disease, osteoporosis, and stroke.

Work

The Reintroduction of Kamala Harris
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The soundtrack suggested a Beyoncé concert. The light-up bracelets
evoked the Eras Tour. And the exuberant crowd—more than 14,000
strong, lining up in the rain—resembled the early days of Barack
Obama. Inside a Philadelphia arena on Aug. 6, Vice President Kamala
Harris was greeted with a kind of reception a Democratic presidential
candidate hasn’t gotten in years. Fans packed into overflow spaces,
waving homemade signs made of glitter and glue as drumlines roared.
When Harris introduced her new running mate, Minnesota Governor Tim
Walz, the cheering lasted more than a minute.














Work

Australian Breaking Olympian Rachael Gunn Sparks Memes
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It's no easy feat for an athlete to make their presence known amid the
multitude of events taking place in the Paris Olympic Games, but one
breaker from Australia may have taken the cake during the sport’s
Olympic debut.

Work

Tesla shareholders are asking its board to invest $5 billion in Elon
Musk's AI startup
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“Regardless of his personal pursuits and his vast personal wealth,
Mr. Musk has legal responsibilities to Tesla — a publicly traded
company — and its shareholders,” Warren wrote in a letter
addressed to Tesla board chair Robyn Denholm on Thursday. “The Tesla
Board must act to ensure that Mr. Musk is meeting all of these
responsibilities.”














Work

Score, the dating app for people with good to excellent credit,
quietly shuts down | TechCrunch
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The valuation of Oyo, once India’s second-most valuable startup at
$10 billion, has dipped to $2.4 billion in a new funding round,
multiple sources told TechCrunch. The Gurugram-headquartered startup,
which…

Work

a16z-backed fintech Tally, which raised $172M in funding, is shutting
down after running out of cash | TechCrunch
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The valuation of Oyo, once India’s second-most valuable startup at
$10 billion, has dipped to $2.4 billion in a new funding round,
multiple sources told TechCrunch. The Gurugram-headquartered startup,
which…














Work

This startup wants to make it easier to buy used Peloton equipment
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So what differentiates Trade My Spin is less the marketplace and more
a focus on the logistics side of the transaction. It’s built up a
database of drivers who’ve trained on the process and can pick up
and drop off the bikes.

Work

Americans who locked in a job, a home, and stocks are thriving.
Everyone else missed out on their ticket to wealth.
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When she was in her early 20s, she said she didn't participate in her
company's 401(k) plan. But after about a year of "chastising" from one
of her supervisors, she eventually gave in, she said. Over the past
decade, Bell said she'd grown her savings and investments to roughly
$280,000.














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LL Flooring Files Bankruptcy Intending to Sell Retail Stores
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The retail chain has lined up $130 million in Chapter 11 financing to
fund its operations during the bankruptcy. The financing is being
provided by a group of its existing bank lenders led by Bank of
America, LL Flooring said.

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Another Arrest in North Korean Remote IT Worker Scam - Inc.com (No
paywall) [[link removed]}&lead=419599&emailid=48763&nl=daily]  
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The U.S. Justice Department on Thursday announced charges against a
Tennessee man accused of helping North Koreans land IT jobs with
American and British companies to fund Pyongyang's weapons programs.














Work

The First Amendment is in grave danger if Trump wins
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Dissidents were commonly thrown in prison, often for many years, when
the government disagreed with their views. Near the end of World War
I, the great union leader Eugene Debs was sentenced to 10 years in
prison for giving a speech opposing the draft, and his conviction was
upheld by a unanimous Supreme Court. In 1951, as Sen. Joseph McCarthy
was ramping up his witch hunts against suspected communists, the
Supreme Court blessed his and similar efforts by upholding the
convictions of several individuals who did nothing more than try to
organize a (wildly unsuccessful) Communist Party in the United States.

Work

F.B.I. Investigating Hacking That Trump Campaign Attributes to Iran
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Last week, the Justice Department charged a Pakistani man with ties to
Iran with trying to hire someone to kill political figures in the
United States, including potential targets such as Mr. Trump.













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Polar Bears Kill Worker in Remote Radar Site in Canada
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The same study reported that from 1870 to 2014, there were 73
confirmed polar bear attacks in five countries with territory adjacent
to the Arctic Ocean: the United States, Canada, Russia, Norway and
Denmark, which includes Greenland. Those attacks resulted in 20
deaths, according to the study.

Work

Judge in Elon Musk's Texas lawsuits owns thousands of dollars worth of
Tesla stock
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Hofstra University Law School Professor James Sample, who focuses on
judicial ethics agrees, telling NPR, “It is absolutely reasonable to
question his impartiality in a case where the party and interest is a
principal in a company the judge owns stock in.” Sample also added
that just the appearance that he might be biased is enough of a reason
for O’Connor to recuse himself, saying, “Let another competent
judge handle these cases without serious questions surrounding
them.”

Work

The much-feared American recession isn't coming, Bank of America chief
says
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“While inflation is down, prices are still high, and I think
consumers have gotten to the point where they’re just not accepting
it,” Barkin said. “And that’s what you want: The solution to
high prices is high prices.”

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For the Rescuer of an Ancient Shipwreck, Trouble Arrived in the Mail
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This year, some two decades after Mr. Katzev’s death, Mrs. Katzev
and a co-editor won plaudits for a definitive account of the ship’s
excavation, a 421-page first volume that won a major award in January
from the Archaeological Institute of America.

Work

Enhance your Brand: Host a Side Event at Disrupt 2024 | TechCrunch
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The valuation of Oyo, once India’s second-most valuable startup at
$10 billion, has dipped to $2.4 billion in a new funding round,
multiple sources told TechCrunch. The Gurugram-headquartered startup,
which…

Work

Native American author Tommy Orange selected as the next Future
Library writer
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“I woke up the day after finding out about being asked to do this
with a line in my head: I was born in the future,” said Orange.
“The line itself doesn’t mean anything on its own but I thought:
Could this be the beginning of what I write for this project? I think
it’s a little scary writing for people who will most definitely deem
us stupid and inferior in many ways just as when we look back a
hundred years we can see clearly all the problems we had just being
decent human beings.”

Work

Israel prepares for likely retaliatory attack by Iran as tensions
mount
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Borrell called on Israel’s government to “unequivocally distance
itself from these incitements to commit war crimes”, and to engage
“in good faith” with ceasefire negotiations mediated by the US,
Qatar and Egypt.

Work

US to resume sales of offensive weapons to Saudi Arabia
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Saudi Arabia cooperated with the United States, along with Jordan and
the United Arab Emirates, in repelling an Iranian missile and drone
barrage against Israel in April in response to an Israeli strike on an
Iranian diplomatic building in Syria.

Work

Israel spokesperson accuses BBC's Mishal Husain of pro-Palestinian
bias
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International news organisations have been frustrated by the ban,
which has made it difficult to verify claims made by both sides. At
least 113 Palestinian journalists and media workers have been killed
in the war so far, according to the Committee to Protect Journalists.

Work

South Londoners raise 3k for street cleaner's holiday ? but bosses say
no
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Veolia said it would match the amount of money raised and donate it to
a charity nominated by Spiers. "Paul will be the recipient of
Bromley's employee of the quarter - an internal financial reward to
recognise his hard work and dedication," the spokesperson said.

Work

Labour MPs begin quitting X over 'hate and disinformation'
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But the prime minister's spokesperson said the government had no plans
to review its use of X and said: "With all of our communications, it's
important to make sure that we reach the broadest possible audience,
and that is one of a number of channels that we use to ensure that
we're doing that."

Work

US election live: Donald Trump to join Elon Musk on X for virtual
interview
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Will Musk push back on any of Trump’s falsehoods? The former
president has a tendency to lie, distort and exaggerate, and often
clashes with interviewers who challenge him on his facts. We’ll see
if Musk follows suit, or lets him talk.

Work

Judge rules against Robert F Kennedy Jr in fight to be on New York's
ballot
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Kennedy's campaign has said he has enough signatures to qualify in a
majority of states, but his ballot drive has faced challenges and
lawsuits in several, including North Carolina and New Jersey.

Work

Earthquake with 4.4 magnitude strikes Los Angeles amid warnings of
aftershocks
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Work

FBI investigating Trump campaign's complaint it was hacked by Iran
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On Saturday, a spokesman for the national security council said the
Biden administration "strongly condemns any foreign government or
entity who attempts to interfere in our electoral process or seeks to
undermine confidence in our democratic institutions".

Work

Former Republican House speaker urges Trump to 'stop questioning' size
of Harris's crowds ? as it happened
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"Sorry, Donald Trump, you're wrong again," Dingell, who attended the
Michigan rally and spoke before Harris and her running mate, Minnesota
governor Tim Walz, went on, told MSNBC. She added:

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Kevin McCarthy says Trump needs to stop questioning Harris's crowd
sizes
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David Plouffe, a senior adviser for the Harris campaign, also
responded to Trump's allegations, and said: "These are not
conspiratorial rantings from the deepest recesses of the internet. The
author could have the nuclear codes and be responsible for decisions
that will affect us all for decades."

Work

DJT stock falls after Donald Trump returns to X ahead of Elon Musk
interview
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In late April, the stock hit a milestone that secured Trump an
additional $1.2 billion in cash. Stakeholders, however, are still
subject to a six-month lockup period before selling or transferring
shares.

Work

Why Intel Stock Kept Going Down Today
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Rich Smith has no position in any of the stocks mentioned. The Motley
Fool has positions in and recommends Advanced Micro Devices and Taiwan
Semiconductor Manufacturing. The Motley Fool recommends Intel and
recommends the following options: long January 2025 $45 calls on Intel
and short August 2024 $35 calls on Intel. The Motley Fool has a
disclosure policy.

Work

Trump's A 'Genius With Money,' Says Robert Kiyosaki Of 'Rich Dad Poor
Dad' - But He's $1.2 Billion In Debt Himself
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Institutional investors are increasingly turning to private credit for
higher potential returns and lower volatility. You can copy their
strategy by investing in your own private credit deals.

Work

I inherited $50,000. Is there a single stock I should invest in? Or
should I put $10,000 in five stocks?
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[[link removed]}&lead=419599&emailid=48763&nl=daily]
So could mix up your choice of ETFs and broaden your horizons even
further. One example is the Invesco S&P 500 Equal Weight ETF RSP, van
Doorn adds; or you might take a hybrid approach to incorporate value
features (increasingly popular lately) and price momentum with
portfolio resets twice a year thorough any (or all) of these:

Work

Upcoming Stock Splits This Week (August 12 to August 16) - Stay
Invested
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Genius Group Ltd (GNS) – Genius Group operates a digital, artificial
intelligence (AI)-backed education platform, offering K-12 education
programs, accredited university courses, and skills-based courses for
entrepreneurs. The company caters to millions of students, including
individuals, enterprises, and governments. On August 5, Genius Group
announced a one-for-ten reverse stock split to meet the minimum bid
price requirement for listing on the NYSE. The shares will start
trading on a split-adjusted basis on August 16.

Work

Super Micro Shares Sink Despite Revenue Surge and Stock Split. Should
Investors Buy the Stock on the Dip?
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Geoffrey Seiler has no position in any of the stocks mentioned. The
Motley Fool has positions in and recommends Microsoft and Nvidia. The
Motley Fool recommends the following options: long January 2026 $395
calls on Microsoft and short January 2026 $405 calls on Microsoft. The
Motley Fool has a disclosure policy.

Work

4 Reasons to Buy Dutch Bros Stock Like There's No Tomorrow
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Stock Advisor provides investors with an easy-to-follow blueprint for
success, including guidance on building a portfolio, regular updates
from analysts, and two new stock picks each month. The Stock
Advisor service has more than quadrupled the return of S&P 500 since
2002*.

Work

Super Micro Computer Stock Climbs After Its Post-Earnings Swoon
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Supermicro delivered more than 1,000 liquid-cooled AI racks in June
and July, according to the report, and around 30% of the server racks
the company ships next year will incorporate liquid cooling.

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Exactly How Much Cash Will A $50,000 Annuity Pay You Every Month?
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Before signing an annuity contract, weigh the pros and cons and
consult a financial advisor to determine if an annuity fits your
financial goals and retirement plans. Annuities can be ideal for some,
but other options may exist.

Work

Here's Why Nvidia Stock Jumped Today
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Stock Advisor provides investors with an easy-to-follow blueprint for
success, including guidance on building a portfolio, regular updates
from analysts, and two new stock picks each month. The Stock
Advisor service has more than quadrupled the return of S&P 500 since
2002*.

Work

Why Super Micro Computer Is Bouncing Back Today
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Billy Duberstein and/or his clients have positions in Super Micro
Computer and has the following options: short January 2025 $1,840
calls on Super Micro Computer, short January 2025 $110 puts on Super
Micro Computer, short January 2025 $125 puts on Super Micro Computer,
short January 2025 $130 puts on Super Micro Computer, short January
2025 $280 calls on Super Micro Computer, and short January 2025 $85
puts on Super Micro Computer. The Motley Fool has positions in and
recommends Nvidia. The Motley Fool has a disclosure policy.

Work

Truth Social reports $16M in Q2 losses, less than $1M in revenue; DJT
stock falls 7%
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"From the beginning, it was our intention to make Truth Social an
impenetrable beachhead of free speech, and by taking extraordinary
steps to minimize our reliance on Big Tech, that is exactly what we
are doing,"  Trump Media CEO Devin Nunes in the Friday press
release.

Work

Column: With lawsuit against advertisers, Elon Musk plumbs new depths
of asininity
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Meanwhile, Musk's behavior gets worse. Just last week, the CCDH, freed
from the financial burden of defending itself against his lawsuit,
reported that his "false or misleading claims about the U.S.
elections" have been viewed nearly 1.2 billion times on X, "with no
fact checks" such as the "community notes" that often debunk
disinformation from other accounts.

Work

Pounce While You Still Can on These 3 High-Yield Stocks
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Matt DiLallo has positions in Berkshire Hathaway, Brookfield
Renewable, Brookfield Renewable Partners, Chevron, and Enbridge. Neha
Chamaria has no position in any of the stocks mentioned. Reuben Gregg
Brewer has positions in Dominion Energy and Enbridge. The Motley Fool
has positions in and recommends Berkshire Hathaway, Brookfield
Renewable, Chevron, and Enbridge. The Motley Fool recommends
Brookfield Renewable Partners and Dominion Energy. The Motley Fool has
a disclosure policy.

Work

Will Palantir Be Worth More Than Microsoft by 2050?
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Leo Sun has no position in any of the stocks mentioned. The Motley
Fool has positions in and recommends Microsoft and Palantir
Technologies. The Motley Fool recommends the following options: long
January 2026 $395 calls on Microsoft and short January 2026 $405 calls
on Microsoft. The Motley Fool has a disclosure policy.

Work

Hawaiian Electric Slumps After Issuing Going-Concern Warning
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The Maui fires damaged or destroyed about 2,200 structures, the
majority of them homes, and killed 102 people. The capital cost of the
disaster was estimated at $5.5 billion, according to a damage
assessment released last year.

Work

Morning Rounds: Getting healthier in the checkout aisle and the
alcohol aisle
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In Morning Rounds, STAT brings health news about a new nasal spray for
severe allergic reactions, bird flu, rabies, alcohol warnings, and
healthy eating.

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