Jim Chanos reveals new short position in crypto exchange Coinbase

Jim Chanos reveals new short position in crypto exchange Coinbase



His comments came on CNBC’s “Closing Bell: Overtime” to Scott Wapner on Friday after the close.



Source

The Street’s bad call on Palo Alto – plus, two portfolio stocks reach new highs
Technology

The Street’s bad call on Palo Alto – plus, two portfolio stocks reach new highs

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Markets: The S & P 500 bounced back Friday, recovering from the prior session’s sharp losses. The broad-based index, which was still tracking for a nearly […]

Read More
Govini founder Eric Gillespie released on  million bond with Pentagon probe ‘ongoing’
Technology

Govini founder Eric Gillespie released on $1 million bond with Pentagon probe ‘ongoing’

Mug shot of Eric Gillespie, Govini Founder and Chairman. Courtesy: Pennsylvania Attorney General Govini founder Eric Gillespie, who is charged with four felonies, including multiple counts of unlawful contact with a minor, was released on bail. Gillespie, who lives in Pittsburgh, posted a $1 million bond after his court appearance Thursday. He is not allowed to […]

Read More
Google must double AI compute every 6 months to meet demand, AI infrastructure boss tells employees
Technology

Google must double AI compute every 6 months to meet demand, AI infrastructure boss tells employees

Amin Vahdat, VP of Machine Learning, Systems and Cloud AI at Google, holds up TPU Version 4 at Google headquarters in Mountain View, California, on July 23, 2024. Marc Ganley Google ‘s AI infrastructure boss told employees that the company has to double its compute capacity every six months in order to meet demand for […]

Read More