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Bitcoin vs. gold: State Street worries the crypto rally’s allure is distracting precious metal investors

The bitcoin rally is generating a false sense of security among investors, according to the strategist behind the so-called granddaddy of gold exchange-traded funds. State Street Global Advisors’ George Milling-Stanley warns cryptocurrency plays don’t offer the stability of gold. “Bitcoin, pure and simple, it’s a return play, and I think that people have been jumping […]

Nvidia’s AI chip demand still booming but slowing sales growth worries investors

Nvidia forecast its slowest revenue growth in seven quarters on Wednesday, with the artificial intelligence chipmaker failing to meet lofty expectations of some investors who have made it the world’s most valuable firm. Shares of the Santa Clara, California-based company fell 5% after it posted results but quickly pared losses to trade down 2.5% after […]