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#jensenhuang

1 post1 participant0 posts today
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Bytes Europe

Clean Energy Growth Hampered by Industrial Slowdown and Interest Rates byteseu.com/642408/ #Energy #HighInterestRates #JensenHuang #JimCramer #LIN #LindePlc #SquawkOnTheStreet #StockMarket #TechnologyStocks

Bytes Europe · Clean Energy Growth Hampered by Industrial Slowdown and Interest RatesWe recently published a list of Jim Cramer Discussed These 29 Stocks Ahead Of Major AI Event. In this article, we are going to take a look at where Linde plc (NASDAQ:LIN) stands against other stocks ahead of major AI event that Jim Cramer discussed. In his appearance on Squawk on the Street the day CES took place in Las Vegas, Jim Cramer commented on the stock market division that persisted throughout 2024 and is present in 2025 as well. The division has seen technology stocks perform well, while other rate-sensitive sectors such as industrial and materials stocks have languished.
Public
DoomsdaysCW

#BernieSanders Lays Out Plan to Fight #Oligarchy as Wealth of Top #Billionaires Passes $10 Trillion

"If there was ever a moment when #progressives needed to communicate our vision to the people of our country, this is that time," wrote Sen. Bernie Sanders. "Despair is not an option."

Jake Johnson
Dec 31, 2024

"A Bloomberg analysis of billionaire wealth published Tuesday found that the combined fortunes of the 500 richest people on the planet surpassed $10 trillion this year, a finding that came shortly after U.S. Sen. Bernie Sanders issued an urgent call to action to prevent the emergence of 'an oligarchic and authoritarian society.'

"The new analysis notes that the world's top 500 billionaires 'got vastly richer' this year with the help of "an indomitable rally in U.S. technology stocks."

"Just eight billionaires—#ElonMusk, #MarkZuckerberg, #JensenHuang, #LarryEllison, #JeffBezos, #MichaelDell, #LarryPage, and #SergeyBrin—added more than $600 billion to their collective wealth in 2024 and accounted for 43% of the $1.5 trillion increase in net worth among the world's 500 richest people, according to Bloomberg.

"'But it was Musk—the so-called 'first buddy' of President-elect Donald Trump after unprecedented support for his reelection campaign—who dominated the world's wealthiest in 2024,' Bloomberg observed, adding that Trump himself also saw his fortune surge to a record high this year, 'boosted by the performance of his majority stake in Trump Media & Technology Group Corp.'

"Musk's use of his enormous fortune to influence the U.S. political system—including via his purchase of one of the world's largest social media platforms and donations to Trump's 2024 campaign—amplified existing concerns about the corrosive impact of massive wealth concentration on democracy.

"And #WealthInequality in the U.S. could soon get worse, with Trump and the incoming Republican-controlled Congress set to pursue another round of tax cuts for the #UltraRich and large #corporations."

Read more:
commondreams.org/news/bernie-s

Common Dreams · Sanders Lays Out Plan to Fight Oligarchy as Wealth of Top Billionaires Passes $10 Trillion | Common Dreams"If there was ever a moment when progressives needed to communicate our vision to the people of our country, this is that time," wrote Sen. Bernie Sanders. "Despair is not an option."
#TaxTheRich#EatTheRich#CorporateColonialism
Public
Benjamin Carr, Ph.D. 👨🏻‍💻🧬

How One of the World’s #Richest Men Is Avoiding $8 Billion in #Taxes
#CEO of #Nvidia, #JensenHuang (10th-richest person in #US, worth $127 billion), has taken advantage of popular loopholes in the federal estate and gift taxes (rather than 40%), which have quietly been eviscerated. When he dies a series of tax moves will save his family roughly $8 billion. It likely ranks among the largest tax dodges in the #UnitedStates.
nytimes.com/2024/12/05/busines
archive.ph/mcZ2p

The New York Times · How Jensen Huang, CEO of Nvidia, Is Avoiding Billions in TaxesBy Jesse Drucker
Public
Benjamin Carr, Ph.D. 👨🏻‍💻🧬

#NVIDIA CEO #Huang Nearly Sold His Firm To #AMD In The 2000s Reveals Insider 
In the 2000s, central processing units (#CPU) reigned supreme, and AMD and Intel were interlocked in tough competition. AMD, at the time, also had its eye on the future as it acquired #GPU maker #ATI, and had it not been for NVIDIA CEO #JensenHuang's insistence to remain CEO, it might even have bought NVIDIA.
wccftech.com/nvidia-ceo-huang-

Photo of Jensen Huang, CEO of NVidia
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