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Nvidia surge results in historic $1 Trillion market valuation

Published Mon, 24 Feb 2025 02:01:49 GMT

By Ryan Vlastelica | BloombergNvidia Corp became the first chipmaker to achieve a $1 trillion market valuation on Tuesday, as excitement over artificial intelligence technology has led to a massive advance in the stock.Shares gained as much as 7.7%, and it last traded with a market capitalization of $1.01 trillion. The stock has soared by about 180% this year. In contrast, the Philadelphia Stock Exchange Semiconductor Index has risen by about 41% in 2023, touching its highest intraday on Monday since February 2022.Nvidia has powered past other semiconductor companies as it is the world’s biggest maker of the specialized chips needed to power a new generation of AI products, one of the biggest investment themes on Wall Street.Not only has it trounced the performance of other components of the index — it has done roughly twice as well as the next-best performer, Advanced Micro Devices Inc., up 93% — but it has vastly eclipsed them in size. The second-biggest component of the semicondu...

Who’s fact-checking Wikipedia editors who distort, misinform?

Published Mon, 24 Feb 2025 02:01:49 GMT

How easy is it to rewrite history?Scary easy. And when much of the world gets its information from a single online encyclopedia — and swarms of AI chat bots amplify its “facts” — distortions and misinformation can repeat into infinity, drowning out truth.The current controversy involves Wikipedia pages on Poland and the Holocaust, but academics say it’s a chilling abject lesson for all that can come next.Shira Klein, associate professor of history at Chapman University, and Jan Grabowski, history professor at the University of Ottawa, put their heads together to document how Polish nationalists have commandeered Wikipedia’s coverage of Polish-Jewish wartime history, editing documents to glorify Polish heroism and downplay anti-Semitism and cooperation with the Nazis.It takes Herculean effort to counter misleading narratives, and the nonprofit Wikimedia Foundation — with more than $250 million in net assets after its bills are paid — must take decisive action to defend historical acc...

Robert Englund wanted to be James Dean. Then Freddy Krueger called.

Published Mon, 24 Feb 2025 02:01:49 GMT

Actor Robert Englund is best known for portraying one of the biggest horror icons of all time, Freddy Krueger, in Wes Craven’s massively popular “A Nightmare on Elm Street” film franchise.When he was approached by directors Gary Smart and Christopher Griffiths and writer Neil Morris a couple of years ago about being the sole subject of a documentary, he was hesitant at first. While he’s appeared in many horror documentaries, he wasn’t interested in taking a deep dive into his villainous character, but rather sharing how he got to that place and what his life and career have been like since.Luckily, all parties were in agreement, and they began interviewing Englund about his life on film at his home in Laguna Beach. They also filmed interviews with several peers including his “A Nightmare on Elm Street” co-star Heather Langenkamp, “Candyman” actor Tony Todd, “Insidious” star Lin Shaye, and “Friday the 13th” actor Kane Hodder. “Hatchet” director Adam Green and “Cabin Fever” director E...

Spencer Carbery hired as Capitals coach after 2 seasons as Maple Leafs assistant

Published Mon, 24 Feb 2025 02:01:49 GMT

The Washington Capitals have hired Spencer Carbery as their next coach, bringing back a favorite of the organization to fill the job he was envisioned to get years ago.The team announced the move Tuesday, bringing Carbery back into the fold after he spent the past two seasons as an assistant for the Toronto Maple Leafs.Before that, Carbery was considered the heir apparent to veteran Capitals coach Peter Laviolette because of his time with Washington’s top minor league affiliate. Carbery coached the American Hockey League’s Hershey Bears for three seasons from 2018-21 before getting his first NHL job on Sheldon Keefe’s staff with Toronto.“Spencer is one of the best young coaches in the game who’s had success at every level at which he has coached,” general manager Brian MacLellan said in a statement. “We feel his leadership, communication skills, ability to develop players and familiarity with our organization will be a tremendous asset as he makes this next step in his coachin...

Washington Capitals hire Maple Leafs assistant Spencer Carbery as head coach

Published Mon, 24 Feb 2025 02:01:49 GMT

ARLINGTON, Va. (AP) — Washington Capitals hire Maple Leafs assistant Spencer Carbery as head coach.Source

Chipmaker Nvidia joins exclusive club of companies with a $1 trillion market capitalization

Published Mon, 24 Feb 2025 02:01:49 GMT

Nvidia has joined the exclusive club of companies with a $1 trillion market capitalization as the chipmaker benefits from the growing use of artificial intelligence.Nvidia Corp. joins tech titans like Alphabet, Apple and Microsoft in the $1 trillion club. Its stock rose 5% in Tuesday trading, eclipsing $408 per share. Since its initial public offering in 1999, the stock is up roughly 33% annually compared with an average annual gain of 7% in the benchmark S&P 500 index over the same time.Last week the maker of graphics chips for gaming and artificial intelligence reported a quarterly profit of more than $2 billion and revenue of $7 billion, both exceeding Wall Street’s forecasts. Industry experts believe Nvidia, based in Santa Clara, California, could be an early look at how AI may reshape the tech sector. The company was founded in 1993 and initially focused on 3D graphics and gaming. Co-founder Jensen Huang remains the company’s president and chief executive.AI chi...

CNBC: China lanza misión tripulada a estación espacial y planea llegar a la Luna antes de 2030

Published Mon, 24 Feb 2025 02:01:49 GMT

China lanzó el martes su nave espacial Shenzhou-16 tripulada por tres astronautas, dijo la Agencia Espacial Tripulada de China en un comunicado, declarando que el lanzamiento fue un “éxito total”.La agencia dijo que el cohete Gran Marcha 2F que transportaba la nave espacial despegó del Centro de Lanzamiento de Satélites de Jiuquan en el desierto de Gobi poco después de las 9:30 a.m. hora local.La nave espacial se dirige a la estación espacial de China y relevará a la tripulación del Shenzhou-15, que vive allí desde noviembre. El reloj del último emperador de China bate récords en una subasta Por ausencia de Biden, Australia cancela la cumbre de líderes del Quad La tripulación del Shenzhou-16 llevará a cabo experimentos científicos y dará mantenimiento a los equipos de la estación espacial, dijo la CMSA.El lanzamiento del martes marca la quinta misión tripulada de China a su estación espacial desde que envió astronautas...

Photos of pack burro racing, Colorado's summer heritage sport

Published Mon, 24 Feb 2025 02:01:49 GMT

DENVER (KDVR) — Pack burro racing is the official summer heritage sport of Colorado, and it's happening all summer long.People run alongside their donkeys in races that exceed marathon distances through challenging trails in the mountains. Details: Colorado’s summer sport is running, but with donkeys The donkey wears a saddle, although it is against the rules for anyone to ride on it. However, according to the Western Pack Burro Association, the runner can carry the donkey.Running with a donkey can be a challenge because if the donkey is uncomfortable, it might literally stop to assess the situation. (Brian Wanke)Runners create a bond with their donkey to ensure trust and better performance. (Brian Wanke)Running with a donkey can be a challenge because if the donkey is uncomfortable, it might literally stop to assess the situation. (Brian Wanke)People run alongside their donkeys in races that exceed marathon distances through challenging trails in the mountains in the offici...

Animal services took dog

Published Mon, 24 Feb 2025 02:01:49 GMT

His dog bit a boy on the leg who was riding a bike. No one disputes it, but what happened next has stunned the dogs owner. A hearing he wasn’t told about, signed affidavits, he says are, not true, and it’s why he called Help Me Howard with Patrick FraseScott Davis and his wife live down in the Redlands. Beautiful, quiet.But being remote has a drawback. It’s where people throw out their animals.Scott Davis: “We have literally saved and found homes for and kept hundreds of animals.”Many dogs, tortoises that have become the family pets, and ten years ago, a puppy was dumped on the road that Scott’s friends named.Scott Davis: “She is just precious. Well, that’s what we call her.”Then in February, Scott says something baffling happened. As he was bringing his boat onto the property, Scott let the 10-year-old Precious play near the canal.A young boy came riding by on his bike.Scott Davis: “He stuck his leg out. She bit him. I wit...

Rollover crash leads to vehicle fire on I-75; WB lanes closed

Published Mon, 24 Feb 2025 02:01:49 GMT

A rollover crash on Alligator Alley led to a box truck going up in flames and ending up on a rock pile that acts as a barrier for the canal.Broward Sheriff’s Fire Rescue units, along with Weston Fire Rescue, were on the scene on the westbound lanes of Interstate 75 near the toll plaza.According to officials, the vehicle rolled onto the median and burst into flames.Live video footage captured the scene as firefighters applied foam to the flames, which burned for about 15 minutes.Fire officials could not confirm if anyone died on the scene as a body had not been located. It remains unclear if the driver was ejected from the vehicle before the impact or if they succumbed to the fire.As a result of the incident, I-75 westbound is closed off as crews work to clear the scene and contain the blaze.Please check back on WSVN.com and 7News for more details on this developing story.