No Picture
Trading Ideas

Tiffany asks LVMH to raise its $14.5 billion offer – sources

Tiffany’s board decided that LVMH’s $120-per-share, all-cash bid was too low to become the basis for negotiations, the sources said. Tiffany informed LVMH it could open its books and provide confidential due diligence if the French luxury group sweetens its offer, the sources added. LVMH remains engaged and is considering a new offer, according to the sources. …read more […]

No Picture
Trading Ideas

3 ‘Strong Buy’ Payment Stocks from Oppenheimer’s Top Analyst

The corps of Wall Street stock analysts numbers in the thousands, but at the top stand a select few, those analysts with the experience and savvy to pull together the facts and discern the probable path of the markets. You can find these top analysts, the best of the best, at TipRanks Top 25 Analysts, a list of the Street’s top performing stock watchers.Among these top analysts, there is a standout. Glenn Greene, ranked 3 overall, is also the top analyst from Oppenheimer, the New York City-based investment bank. The big Wall Street firms are also rated at TipRanks, and …read more […]

No Picture
Trading Ideas

New AI chips top key benchmark tests: Nvidia

The results are a boost to the company’s efforts to make headway into one of the biggest growth areas in the field called inference, which is the process of using an AI algorithm for tasks such as translating audio into text-based requests. Intel Corp’s processors currently dominate the market for machine learning inference, which analysts at Morningstar estimate to be worth $11.8 billion by 2021. The company said its inference chips have now achieved the fastest results on five new independent suite of AI benchmarks, called MLPerf Inference 0.5. …read more […]