Key Takeaways OpenAI runs its AI software on Nvidia’s graphics processing units, or GPUs. Nvidia’s gross profit margins from the industry have been estimated at about 80%, sometimes referred to as the “Nvidia tax.” Google began investing in its own tensor processing units, or TPUs, in 2015, so it doesn’t have to buy hardware from […]
Key Takeaways OpenAI runs its AI software on Nvidia’s graphics processing units, or GPUs. Nvidia’s gross profit margins from the industry have been estimated at about 80%, sometimes referred to as the “Nvidia tax.” Google began investing in its own tensor processing units, or TPUs, in 2015, so it doesn’t have to buy hardware from
Key Takeaways Nearly 30% of under-30 job changers cash out their 401(k) and unintentionally erode future retirement wealth as a result. Taxes, penalties, and lost decades of compounding can all make small withdrawals extremely costly. Instead, consider rolling over your 401(k) or slowing contributions to boost take-home pay as smarter alternatives. Changing jobs can be
Most Young Workers Are Getting This 401(k) Decision Wrong—Are You? Read More »
Key Takeaways Nearly 30% of under-30 job changers cash out their 401(k) and unintentionally erode future retirement wealth as a result. Taxes, penalties, and lost decades of compounding can all make small withdrawals extremely costly. Instead, consider rolling over your 401(k) or slowing contributions to boost take-home pay as smarter alternatives. Changing jobs can be
Most Young Workers Are Getting This 401(k) Decision Wrong—Are You? Read More »
Americans have a good chance of living well into old age these days, which is something to cheer about. But it also raises serious concerns for those who haven’t planned for the possibility of long-term care needs. And the demand for those needs has never been greater. Subscribe to Kiplinger’s Personal Finance Be a smarter,
An Expert’s Take on Long-Term Care Insurance: Buy or Not? Read More »
Key Takeaways According to Nuveen, 93% of workers want 401(k) plans to offer lifetime income options, but most don’t. Still, lifetime income can come from sources like Social Security, pensions, annuities, and thoughtfully planned withdrawal strategies using bonds, investments, or income-focused funds. A sustainable withdrawal strategy also involves thinking about spending needs and tax implications,
The Part of Retirement Planning No One Talks About: Turning Savings Into Income Read More »
U.S. stock futures are slightly higher as investors await Federal Reserve Chair Jerome Powell’s speech today, which could lay out expectations for interest-rate cuts; Nvidia (NVDA) reportedly has told suppliers to halt production on its H20 AI chip as China raises security concerns; Meta Platforms (META) reportedly inks a $10 billion-plus contract with Alphabet’s (GOOGL) Google
5 Things to Know Before the Stock Market Opens Read More »
U.S. stock futures are slightly higher as investors await Federal Reserve Chair Jerome Powell’s speech today, which could lay out expectations for interest-rate cuts; Nvidia (NVDA) reportedly has told suppliers to halt production on its H20 AI chip as China raises security concerns; Meta Platforms (META) reportedly inks a $10 billion-plus contract with Alphabet’s (GOOGL) Google
5 Things to Know Before the Stock Market Opens Read More »
U.S. stock futures are slightly higher as investors await Federal Reserve Chair Jerome Powell’s speech today, which could lay out expectations for interest-rate cuts; Nvidia (NVDA) reportedly has told suppliers to halt production on its H20 AI chip as China raises security concerns; Meta Platforms (META) reportedly inks a $10 billion-plus contract with Alphabet’s (GOOGL) Google
5 Things to Know Before the Stock Market Opens Read More »
KEY TAKEAWAYS Meta Platforms has reportedly agreed to spend more than $10 billion on cloud services from Google, as the search giant seeks to catch up with larger rivals in the space, namely Amazon Web Services and Microsoft Azure. The deal struck by Alphabet’s Google spans six years, according to CNBC. Google reportedly struck a cloud
Google Lands $10 Billion-Plus Cloud Deal With Meta Focused on AI, Reports Say Read More »