Nvidia Corporation is set to replace Intel Corporation in the Dow Jones Industrial Average later this week. This development marks an important milestone for Nvidia, but according to analyst Jordan Klein of Mizuho, there’s another significant event that’s being overlooked. Klein notes that a recent comment from a South Korean memory company suggests strong demand … Read more
The Dow Jones Industrial Average is undergoing changes, with two companies being added and two others being removed. Beginning Friday, Intel and Dow Inc., a materials science company, will be replaced by Nvidia and Sherwin-Williams. The composition of the Dow Jones index reflects the US stock market, providing a snapshot of its performance at a … Read more
The Dow Jones Industrial Average is expected to get a boost after the addition of Nvidia, the biggest artificial intelligence beneficiary of the past year. However, history suggests that investors may have to wait, as the 30-stock index has underperformed compared to its tech-heavy peers. In 2023, the S&P 500 and Nasdaq Composite surged 13.7% … Read more
Intel’s 25-year run in the Dow Jones Industrial Average came to an end on Friday after S&P Global announced that rival Nvidia would replace the chipmaker in the prestigious index. The move aims to provide a more representative exposure to the semiconductor industry, as Intel had the lowest share price among the 30 Dow stocks. … Read more
The Memphis Tigers men’s basketball team made a stunning comeback in the second half, thanks to a pivotal halftime speech from guard Tyrese Hunter. Down by 10 points at intermission, Hunter rallied his teammates with a fiery message that inspired them to mount an epic comeback. Hunter delivered the decisive words, telling his teammates to … Read more
NBA rookie Zach Edey achieved a historic feat in the Memphis Grizzlies’ game against Brooklyn, but his impressive performance wasn’t enough to secure a win. Edey became the first rookie since 1984 to score at least 25 points, grab 10 rebounds, and block four shots while shooting 90% from the field. He joined an exclusive … Read more
Ja Morant scored 25 points for the Grizzlies, while rookie Zach Edey also reached a season-high of 25 points and 11 rebounds, but Brooklyn’s win margin remained too wide. Source: https://dailymemphian.com/section/sportsmemphis-grizzlies/article/47655/the-associated-press-memphis-grizzlies-brooklyn-nets
MMA fighter and popular TikTok food reviewer Keith Lee revealed on Saturday that he and his family have relocated to Texas, sparking both excitement and challenges for local restaurants. Lee shared a video recap of his decade-long stay in Las Vegas, where his culinary journey began. While he didn’t specify the exact location in Texas, … Read more
Greyhound, owned by Flix, will relocate its main terminal from downtown Dallas to a new location on Harry Hines Boulevard when its lease at the current downtown station expires in April 2025. The new site is expected to open in mid-2025 and will allow the company to expand routes to and from Dallas. According to … Read more
Gateway Church has announced significant changes in response to allegations of sexual abuse by its founder Robert Morris against a 12-year-old girl. The church hired law firm Haynes Boone to conduct an internal investigation, which has now completed its report. The church’s leadership has removed several top elders, including Gayland Lawshe, Thomas Miller, Kevin Grove, … Read more