E-Learning

Nvidia’s $3 trillion rally is on edge, Wall Street is unfazed

(Bloomberg) -- Nvidia Corp.’s $3 trillion run-up in market value in the two years since ChatGPT helped trigger an AI frenzy is bigger than any stock rally in history in such a short time span. But the landscape is now changing for the chipmaker.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesCompetitors and customers are stepping up efforts to take a bigger slice of the artifi

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How Scott Bessent Won Over MAGA and Wall Street

(Bloomberg) -- Scott Bessent wasn’t a familiar name in Republican political circles before Donald Trump nominated him to be Treasury secretary. “You know Scott Bessent?” Trump asked his guests from the stage of a reception this month at Mar-a-Lago. “Nobody heard of this guy.”Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesChicago Officials Pitch $1.5 Billion Plan to Fix Transi

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Indonesia Surprises With Rate Cut, Intervenes in FX Market

(Bloomberg) -- Indonesia defied market expectations by cutting its key interest rate, moving to bolster economic growth even after the local currency’s recent slide beyond the key level of 16,000 to the dollar.Most Read from BloombergThese Homes Withstood the LA Fires. Architects Explain WhyAs E-Bikes Boom in NYC, Some Call for More RegulationsA Blueprint for Better Bike LanesChicago Officials Pitch $1.5 Billion Plan to Fix Transit WoesBank Indonesia lowered the benchmark BI-Rate by 25 basis poi

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Key Beijing official in Hong Kong calls for white paper to elevate capital market

Hong Kong's capital market plays a key role in the city's financial system and national strategies but it falls short in many areas, according to Qi Bin, the deputy at the central government's liaison office in the city. "Compared with international best practices, Hong Kong still has shortcomings in market regulation, transaction costs and corporate governance," Qi said in a speech at the Hong Kong Capital Markets Forum on Wednesday. "Hong Kong could explore researching and developing a capital

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