Moore’s Law ‘Alive and Well’ as Intel CEO Unveils Gaming Card Budget

Intel Corp. disagrees with Nvidia Corp. when it comes to Moore’s law, as Intel Chief Executive Pat Gelsinger unveiled a budget gaming card on Tuesday, a week after Nvidia released a series of gaming cards criticized by many as pricey. At Intel’s Innovation conference, Gelsinger Intel INTC said, -0.66% will launch its Arc A770 graphics … Read more

The Dow Just Joined the S&P 500 in a Bear Market: What Investors Need to Know

The Dow Jones Industrial Average could not outrun the bear. The blue chip meter fell 329.60 points, or 1.1%, on Monday to close at 29,260.81. That left the Dow DJIA, -1.11% 20.5% below the January 4 record of 36,799.65. A pullback of 20% or more is generally considered a bear market. The Dow last fell … Read more

Here’s What Costco Says About Inflation — And An Increase In Membership Fee

Since the market is obsessed with inflation and why the Fed would step off the accelerator, it’s worth considering what some companies are saying about it. The view of Costco Wholesale, the warehouse seller known for its competitive prices, seems so good for a start. And CFO Richard Galanti’s comments on his conference call suggest … Read more

‘Moore’s Law is dead,’ says Nvidia CEO Jensen to justify gaming card price hike

Nvidia Corp. Chief Executive Jensen Huang said Wednesday he thinks it’s going to be “a pretty great Q4 for Ada,” the company’s next-generation chip architecture unveiled this week, even as critics reject a price hike amid a weakening consumer demand. Nvidia NVDA, +0.65% expects high demand for gaming chips using next-generation “Ada Lovelace” chip architecture, … Read more

Larry Summers predicted inflation, but now he’s looking on the bright side

““I would like to give you one very simple economic truth: would you rather live in a country where capitalists are rushing to get in, or would you rather live in a country where capitalists are rushing to get out?”” — Larry Summers Economist Larry Summers on Wednesday expressed an ultimately optimistic tone about the … Read more

‘Disinflationary wave builds’ even as investors anticipate aggressive Fed rate hikes, says economist

Signs of disinflation have emerged even as investors fear Fed Chair Powell and his colleagues will continue to fight inflation through aggressive rate hikes that have hurt both stocks and bonds, according to a note from Capital Economics. While it looks like the Fed may announce on Wednesday that it will raise its benchmark rate … Read more

Gamelancer Gaming Announces Termination of NFT Activities and Name Change

The MarketWatch News department was not involved in the creation of this content. Toronto, Ontario, September 20, 2022 (Newsfile Corp. via COMTEX) — Toronto, Ontario–(Newsfile Corp. – September 20, 2022) – Game Launcher Gaming Corp. (CSE: GMNG) (“game launcher” or the “Company“) announces that it will take steps to depreciate its non-fungible token (NFT) assets … Read more

Can the Fed tame inflation without further crushing the stock market? What’s next for investors.

The Federal Reserve isn’t trying to knock the stock market down as it quickly raises interest rates in its bid to slow inflation that’s still red hot — but investors should be prepared for more pain and volatility as policymakers won’t be scared by a deeper sell-off , said investors and strategists. “I don’t think … Read more

In rare sit-down, Nobel laureate economist Peter Diamond sees ‘significant power shift from employers to employees’ underway

Peter Diamond, winner of the 2010 Nobel Prize in economics, has avoided the press for most of his long and illustrious career, explaining that he is concerned about being misunderstood. When he got the chance to interview him, MarketWatch jumped in. His supporters think Diamond is probably the brightest of all economists. His selection by … Read more

A punitive sell-off in short-term debt pushes one rate near ‘magic’ level that ‘frightens’ markets

The yield on the 1-year Treasury is testing 4%, a level that traders say could spill over into other rates and shake financial markets as the Federal Reserve pushes ahead with its campaign to increase its $8.8 trillion balance sheet. shrink . That balance sheet process, known as “quantitative tightening,” is intended to complement the … Read more