Bitcoin hoarding company Strategy remains in Nasdaq 100

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Bitcoin hoarding company Strategy remains in Nasdaq 100

Some market watchers have suggested Strategy’s ‍pioneering business model of buying-and-holding bitcoin, which has spawned dozens of copycats, more closely resembles that of an investment fund.Concerns have grown over the sustainability ​of crypto treasury companies, whose shares have proved extreme …

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Nvidia buys AI software provider SchedMD to expand open-source AI push

The chip designer built its reputation on speedy ​chips, but it also offers a range of its own AI ‍models, from physics simulations to self-driving vehicles, as open-source software that researchers and companies can use.Its proprietary CUDA software, a standard among most developers, is a major sel …

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Featured Article

Nvidia buys AI software provider SchedMD to expand open-source AI push

The chip designer built its reputation on speedy ​chips, but it also offers a range of its own AI ‍models, from physics simulations to self-driving vehicles, as open-source software that researchers and companies can use.Its proprietary CUDA software, a standard among most developers, is a major sel …

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Other Headlines

Copper prices rise on short covering, ignoring weak China data for now

LONDON, Dec 15 (Reuters) – Copper prices rose on Monday ⁠as some traders rolled forward positions ahead of a contract expiry this week, helping the market to set ⁠aside weak data and worries about the property sector in top consumer China for now.Benchmark three-month copper ​on the London Meta …

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Warren Buffett’s successor Greg Abel had steady rise at Berkshire

Dec 15 (Reuters) – The elevation of Greg Abel to replace Warren Buffett at the helm of Berkshire Hathaway will cap the rise ⁠of a native Canadian who won over the legendary investor for being committed to the company’s culture, long-term thinking, and an ability to spend money wisely.Buffett announced …

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White House plans more ‘historic deals’ with mining sector, official says

Dec 15 (Reuters) – The Trump administration plans more “historic ⁠deals” with the U.S. mining sector to boost production of critical minerals for the national ⁠defense and high-tech sectors, a senior official said on Monday.Earlier this year, the administration took equity ​stakes in MP Materia …

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How Canada’s farmers are producing record crops despite droughts and floods

WAWANESA, Manitoba, Dec 15 (Reuters) – When farmer Simon Ellis first drove his combine into this year’s crop, he expected “catastrophic failure,” after a season of flooding followed by a long drought. But instead of shriveled kernels, plump ⁠seeds of wheat, oats and soybeans poured into his combine.El …

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Exclusive-Tesla board made $3 billion via stock awards that dwarfed tech peers

The analysis ⁠found CEO Elon Musk’s brother Kimbal has earned nearly $1 billion since 2004, based on the appreciated value of stock options held or liquidated. Director Ira Ehrenpreis has collected $869 million since 2007. Board chair Robyn Denholm has made $650 million since 2014.Directors reaped such w …

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