From Nvidia's new chip to Reddit's IPO: What you missed this week

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It's been a busy week at Yahoo Finance -- as investors digested the new AI chip announcement from Nvidia (NVDA), the latest decision from the Federal Reserve...

Nvidia CEO Jensen Huang unveiled the Blackwell AI platform Monday evening in a highly anticipated keynote address, but with optimism so high, the stock came under pressure in reaction to the news. But several other partnerships were announced, lifting other stocks such astraveled to Houston for the energy industry's top conference, CERAWeek by S&P Global.

Investors have approved a deal on Friday to make Truth Social owner Trump Media a publicly traded company. The green light from shareholders clears the final major hurdle for a long-delayed transaction that will generate a multi-billion dollar windfall for former President Donald Trump at a time when he’s facing immense financial and legal pressure.Key Insights Using the 2 Stage Free Cash Flow to Equity, Enbridge fair value estimate is CA$85.32 Current share price...

Competition for customer deposits among Canadian banks is expected to intensify with the likely onset of lower interest rates as clients divert funds parked in high-yielding fixed income products to riskier investments in search of better returns, analysts and executives say. For banks, sticky customer deposits are a cheaper source of funding that keeps costs under check and boosts lending margins.

Cameco stock doubled in share price in the last year before falling back slightly, but could it do it again? The post If You Invested $10,000 in CCO Stock in 2023, This is How Much You Would Have Today appeared first on The Motley Fool Canada.

 

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Reddit IPO: A look at how other social media stocks traded post-IPOReddit (RDDT) is set to list on the New York Stock Exchange via an IPO on Thursday. Though the most recent, Reddit's IPO isn't the first social media...
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Reddit's IPO success hinges on infamously unruly user baseThis week marks the deadline for the company’s most loyal posters and moderators to preregister for the chance to buy shares in Reddit’s impending initial public offering, before they start trading on the open market.
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After IPO, Reddit 'can't please everyone,' Wedbush analyst saysAs Reddit securities began trading, one analyst says the company won’t be able to please everyone.
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