In a dramatic turn of events, genetic testing company 23andMe’s stock (NASDAQ: ME) has witnessed a sharp plunge in its stock price following alarming news of its CEO’s resignation and speculation surrounding the company’s financial health. As investor sentiment nosedives, concerns about potential bankruptcy and leadership instability have taken center stage. What Occurred? On March…
Verizon Communications Inc. (NYSE: VZ), a telecommunications behemoth, is poised to tap the high-grade corporate bond market with a strategic issue to repay debt. also to strengthen its finances. The bond sale takes place amid the backdrop of a shifting economic landscape. It offers keen insight into Verizon’s financial strategy. It also sheds light on…
Disclaimer The information provided in this how – to blog post is for educational and informational purposes only and should not be construed as financial or investment advice. All investments carry risk, and past performance is not indicative of future results. Please consult with a qualified financial advisor before making any investment decisions. Introduction Imagine…
On March 19, 2025, the Bank of Japan (BOJ) officially raised its benchmark interest rate from -0.1% to a range between 0% and 0.1% (Source: BOJ Press Release, March 2025). This marked the first rate hike since 2007 and ended the world’s last negative interest rate policy among major central banks. The move is not…
Introduction to Nvidia Founded in 1993, Nvidia initially became famous with graphics processing units (GPUs), transforming gaming graphics. Over the last three decades, Nvidia has evolved from a GPU specialist to a leading technology behemoth in artificial intelligence (AI), data centers, robotics, and autonomous vehicles. Key milestones (Nvidia History): Nvidia’s Role in the AI Revolution Nvidia GPUs are the cornerstone of AI workloads, namely deep learning…
AT&T’s Q4 2024 Performance: Strong Growth with Key Challenges AT&T Inc. (NYSE: T) reported continued growth in 5G and fiber while maintaining stable financials, meeting all 2024 guidance. However, challenges in Business Wireline and a Q4 free cash flow decline highlight areas of concern amid overall revenue expansion. Key Highlights of AT&T’s Q4 2024 Performance…
Investing is one of the most effective ways to build wealth, but it comes with risks. Many beginners and even experienced investors make common mistakes that hurt their long-term gains. Understanding these hidden wealth drainers and how to sidestep them can help you maximize your investment returns. At Financial Monkey Blog, we provide reliable insights…
On Monday, December 9th 2024, the Chinese government said the State Administration for Market Regulation has opened a investigation into Nvidia’s acquisition of Mellanox and some of the deals that Nvidia made in that purchase. Nvidia acquired Mellanox Technologies in 2020, that deal needed to be cleared by Chinese antitrust regulators because both of these companies have a lot of operation in China. South China Morning Post has announced that NVIDIA could lose 1 billion dollars because of…
Today December 10, Google has released a new quantum computer chip. This computer chip Google claims that this chip can do 10 septillion years worth of work in 5 minutes. This new chip has 105 qubits of power and processing speed. Other companies such as Microsoft want this new generation of computer chips. Google wants…
Growth November through December 8th, Sound hound AI went up approximately 192.02%. On December 6th Soundhound AI stock went up 12.60% bringing the stock price to $15.01. The most likely reason for Soundhound AI’s stock going up is because of the recent Nvidia partnership. NVDIA bought $3.7 million or 0.6% of Soundhound. The Revenue for…