The "Fast Money" traders share their final trades of the day.» Read More
Who makes more money, a median American household or an intern at Facebook? If you guessed the latter, the tech company, you’re right. NYT explains.
SAN FRANCISCO, Feb 12- Graphics chipmaker Nvidia Corp has halted plans to build a flashy new campus that could have rivaled the architectural ambitions of major Silicon Valley neighbors like Facebook Inc and Apple Inc.
SAN FRANCISCO, Feb 12- Nvidia Corp on Wednesday posted higher fourth-quarter revenue that beat expectations, fueled by the graphics chipmaker's PC gaming components, even as it grapples with an expansion beyond computers and into mobile devices. With the personal computer industry losing steam, Nvidia has expanded its graphics chips into mobile devices.
SAN FRANCISCO, Feb 12- Nvidia Corp on Wednesday posted higher fourth-quarter revenue that beat expectations, fueled by the graphics chipmaker's PC gaming and GPU business, even as it grapples with an expansion beyond computers and into mobile devices.
Taiwan's MediaTek Inc, the leading chip supplier for Chinese smartphones, is barreling into the U.S. market with a new major global branding campaign and setting up shop in San Diego, California, home to Qualcomm.
Google is poised to do for cars what it did for mobile devices by bringing the Android operating system to automobiles.
A crop circle found in a California field is now known to be a publicity stunt by NVIDIA Corporation. The crop circle depicts a stylized image of a computer chip, as well as the number 192 in braille.
A 310-foot "crop circle" in California was explained Sunday: It was a publicity stunt by Nvidia, a maker of chips for PCs and smartphones.
This week saw the conviction of a formerly high-ranking SAC employee for insider trading. But did he really do anything wrong.
NEW YORK, Dec 18- Michael Steinberg, a top portfolio manager at Steven A. Cohen's SAC Capital Advisors hedge fund, was found guilty on Wednesday of charges that he traded on insider information. A federal jury in Manhattan found Steinberg, 41, guilty on all five counts of conspiracy and securities fraud he faced.
NEW YORK, Dec 17- The fate of SAC Capital Advisors portfolio manager Michael Steinberg was in the hands of a jury on Tuesday, after more than four weeks of trial on charges he traded on inside information. In total, prosecutors say SAC Capital made more than $1.4 million on the Dell and Nvidia trades.
NEW YORK, Dec 16- A lawyer for Michael Steinberg, an SAC Capital Advisors portfolio manager on trial for insider trading, urged jurors on Monday to find his client not guilty, saying the government's star witness has been lying.
NEW YORK, Dec 13- The government rested its case on Friday after four weeks of testimony in the insider trading trial of SAC Capital Advisors portfolio manager Michael Steinberg, sending the proceeding toward what is expected to be a swift resolution next week.
NEW YORK, Dec 12- A former asset management firm analyst testified Thursday that he received detailed tips from a friend at Dell Inc, giving prosecutors a link to show how SAC Capital Advisors portfolio manager Michael Steinberg obtained inside information.
NEW YORK, Dec 11- The government's star witness in its insider trading case against SAC Capital Advisors' Michael Steinberg faced a final day of questioning on Wednesday, as lawyers sparred over whether he was a credible cooperator or a liar.
A former SAC Capital Advisors trader wants to cite in court some 2012 testimony given by the hedge fund's founder Steven Cohen, claiming it rebuts the government's case.
Filed in U.S. District Court in New York, the Martoma documents showed how extensively investigators questioned Cohen about the trading at the center of the case against Martoma, who was charged in November 2012 with insider trading in what is said to be the most lucrative such U.S. scheme ever.
NEW YORK, Dec 5- A former Dell Inc supply manager who cooperated with government insider trading investigations, including a probe of a portfolio manager at SAC Capital Advisors, avoided prison on Thursday as a result of his cooperation. District Judge Jed Rakoff in Manhattan sentenced DeVore to time served plus two years of supervised release.
NEW YORK, Dec 3- The star witness in the government's case against SAC Capital Advisors portfolio manager Michael Steinberg faced aggressive questioning on Tuesday from Steinberg's lawyer, who sought to discredit his earlier testimony.
NEW YORK, Dec 2- SAC Capital Advisors portfolio manager Michael Steinberg deliberately avoided telling his boss Steven A. Cohen that he was trading on Dell Inc with inside information, a former analyst at the hedge fund testified on Monday.