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NVIDIA Buys Mellanox for $6.9 Billion
Nvidia Corp has agreed to buy Mellanox Technologies chip maker for $6.9 billion, gaining expertise to help push data center components into the growing market. Nvidia paid the American – Israeli company $125 per share. Mellanox majorly makes chips which
Jeffrey Gundlach: Modern Monetary Theory is a Crackpot Idea!
The popular Modern Monetary Theory supported by progressives has been called a crackpot idea by Jeffrey Gundlach, Chief Executive at DoubleLine Capital. Gundlach oversees over $123 billion and is also referred to as Wall Street’s Bond King. On a webcast
Week Ahead: How The World Economy Is Faring?
Investors have had a tough time this year as the global markets have been volatile due to challenges in the world economy which includes the slowdown in China, trade tussle of US with China and Europe, Brexit, etc. The coming
HSBC Creates Ultra High Net Worth Team to Attract the Asian Rich
Asia is growing at a breakneck pace and creating billionaires at the fastest rate than anywhere else in the world. The hyper growth is expected to continue for the foreseeable future, and it is hardly a surprise that some of
President Ramaphosa Determined to Nationalise South Africa’s Central Bank
South African President Cyril Ramaphosa said that the ruling party has decided to nationalize the Reserve Bank of South Africa. In a university campus speech, he said, “We have got to go through processes. There is no hidden agenda’. He
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