Nvidia's Bold Move, Biden's CHIPs Act, Altman's $7T Vision (+6 more stories)

The Daily Business and Finance Show - Saturday, 10 February 2024 We get our business and finance news from Seeking Alpha and you should too! Subscribe to Seeking Alpha Premium for more in-depth market news and help support this podcast. Free for 14-days! Please click here for more info: Subscribe to Seeking Alpha Premium News Today's headlines: Nvidia plans to set up new unit to capture $30B custom chip market - report Chip stocks rise as Biden unveils $5B CHIPs Act plan to establish R&D consortium (update) OpenAI's Sam Altman eyes raising up to $7T to boost global AI, chip infrastructure New York Community Bancorp CEO, board buy beaten-down stock PepsiCo announces annualized dividend raise by about 7% to $5.42 S&P consolidates above 5,000 points for first time ever, Nasdaq adds +1%; Dow slips Taylor Swift said to sell Eras Tour film rights to Disney for $75M Cisco planning thousands more in job cuts - Reuters Exxon, Hess slide as WSJ says Venezuela deploying military to Guyana's border Explanations from OpenAI ChatGPT API with proprietary prompts. This podcast provides information only and should not be construed as financial or business advice. This podcast is produced by Klassic Studios Learn more about your ad choices. Visit megaphone.fm/adchoices