What Is Nvidia's New $1 Trillion Superproject?

While most are still focused on Nvidia's recent performance, they're missing this massive, $1 trillion pivot Nvidia's making right now. But it's what's happening behind the scenes that should be most exciting for investors. We've identified three companies that Nvidia needs to lean on to help get the job done.

Palantir, Oracle, Pfizer Chiefs Lobby US Lawmakers For Israel's Support Amid Hamas Attack, Hostage Crisis

Navdeep Yadav
June 19, 2024

The CEOs of major companies, including Palantir Technologies Inc. (NYSE:PLTR), Oracle Corp. (NYSE:ORCL), and Pfizer Inc. (NYSE:PFE), lobbied U.S. senators for support of Israel during its Gaza invasion and to find a solution for the hostages held by Hamas.

What Happened: Palantir’s Alexander Karp, Oracle’s Safra Catz, and Pfizer’s Albert Bourla, met with a bipartisan group of senators on Tuesday, reported Bloomberg. The meeting also discussed the potential role of countries like Saudi Arabia in a post-Hamas Gaza.

Sen. John Cornyn (R-Texas) revealed that the meeting touched on the possible involvement of countries like Saudi Arabia in the reconstruction of Gaza after Hamas. Sen. Lindsey Graham (R-S.C.) stated that the CEOs emphasized the release of hostages, but Israel would not accept any deal that leaves Hamas in power.

See Also: Trump’s Let Off The Hook Despite His ‘Completely Unworkable And Disastrous’ Policy Proposals

Meanwhile, two key Democratic holdouts in Congress have approved a significant arms sale to Israel, including 50 F-15 fighter jets, under pressure from the Biden administration. This sale had been blocked due to concerns about civilian casualties in Gaza.

Why It Matters: The CEOs’ lobbying for Israel comes in the wake of their previous public support for Israel. In March, Karp’s public support for the war-torn nation led to an employee exodus from Palantir.

In January, Palantir entered into a strategic collaboration with the Israeli Defense Ministry to provide technology support for the nation’s military operations.

The ongoing Israel-Hamas conflict has drawn global attention, with tech leaders such as Elon Musk, Sundar Pichai, and Satya Nadella also condemning the violence and expressing their concerns.

Read Next: Unprecedented $21.93B Withdrawn From US Equity Funds Ahead Of Fed Decision

Image by Peter Hermes Furian via Shutterstock

Continue Reading...

Popular

Trump Reportedly Makes Decision On VP Pick, Says Running Mate Will Be At Debate

Former President Donald Trump has made a decision on his vice presidential nominee for the forthcoming election.

These Are The Top Democratic Contenders Who Could Succeed Biden If President Were To Bow Out Of

In the wake of a debate performance that drew widespread criticism, speculation has been reignited about whether President Joe Biden should bow out before the November election.

"If I Had To Pour Every Single Penny of My Retirement Into Just ONE STOCK..." - Ad

The former Goldman Sachs VP -- who called everything from Microsoft's 1,100% surge... to the death of the 60/40 portfolio -- is now stepping forward with his most explicit message yet: "Make this ONE STOCK the cornerstone of your portfolio."

Trump Vs. Biden: New 2024 Election Poll Show Tie, But Here's Who Independent Voters Favor

A new 2024 election poll shows Donald Trump and Joe Biden tied. The poll shows inflation a key concern for voters moving forward.

Exposed: 3 Cent Crypto to Explode July 22nd? - Ad

Chris Rowe, the man who spotted 44 different coins that have returned over 100%, is now making the biggest crypto call of his ENTIRE career.... Because a powerful crypto event will trigger on June 24th... Sending hundreds of tiny cryptos soaring 5X, 50X, even 100X -- in just days.

July 29 Deadline: The No. 1 Monthly Dividend ETF - Ad

It's paying 161% bigger dividends than aristocrats, and it's up 5.62% since making its newest announcement. If you add it to your portfolio before July 29, you'll secure a payout of $2.05 PER SHARE!

Endeavor CEO Says He Disagrees With Elon Musk On Lot Of Things, But AI: Calls OpenAI's Sam Altman 'A Con-Man'

Endeavor CEO Ari Emanuel criticized OpenAI CEO Sam Altman at the Aspen Ideas Festival, calling him a "con man" untrustworthy for the future of AI.

Corbus Pharmaceuticals Board Member To Sell Shares In Planned Trading

In a recent move signaling strategic financial planning, Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) announced that Dr. Yong Ben, a member of its board of directors, has adopted a Rule 10b5-1 trading plan. This decision, detailed in a Form 8-K filing with the U.S.

The World's First Trillion Dollar Drug - Ad

By 2030, Wall Street experts predict it could generate more revenue than the top 10 best-selling drugs... combined. Early investors stand to reap tremendous rewards as its growth surges 75,000% by 2030. Former hedge fund manager Ian King predicts this could become the world's first trillion-dollar drug. And he's recommending 3 little-known stocks to play this fast-moving trend.

Justice Department Moves To Charge Boeing Over Fatal Crashes: Report

Boeing faces criminal charges from the U.S. Justice Department over two fatal 737 MAX crashes. The plea agreement includes a significant financial penalty and a three-year independent monitor. The offer is non-negotiable, giving Boeing a week to respond.

California Democrats agree to delay health care worker minimum wage increase to help balance budget

SACRAMENTO, Calif. (AP) — Democrats in California have agreed to delay a for about 426,000 health care workers to help balance the state's budget.

The No. 1 Crypto of 2024 (Trading for Less Than 10 Cents) - Ad

25X Predicted For THIS Crypto -- Starting on June 24th, this tiny 3-cent crypto just partnered with one of the biggest companies in the world... Amazon. And one team of crypto experts has identified it as the most promising crypto of 2024. You can see all of the details surrounding the No. 1 Crypto of 2024 here.

Canadian Vs. U.S. Cannabis Companies: Who Is Winning The Market Race To Weed Profits?

The financial landscapes of Canadian and U.S. cannabis operators showcase distinct paths in the quest for profitability, driven by varying market dynamics and regulatory environments. According to recent financial data from Beacon Securities, the analysis of key financial metrics such as EV/EBITDA and P/CFO ratios reveals crucial insights.

"America's No. 1 Retirement Stock" (Name Inside) - Ad

According to the former Goldman Sachs VP -- who wrote a best-selling book on retirement -- one single stock stands head-and-shoulders above all others. And it should be the cornerstone of your portfolio. Have you heard of it?

Robinhood CEO discusses the brokerage's evolution leading up to another ride on the meme stock wave

SAN FRANCISCO (AP) — Meme stocks like GameStop , reviving memories of early 2021 when they turned into a craze that ended up burning many investors along with Robinhood Markets.

Rivian Enhances Older R1 Models With New Software Update Following Gen-2 Unveiling

EV maker Rivian Automotive Inc on Friday said that it has a few upgrades in store for its first generation R1 owners in its latest software update, including suspension software enhancements and a redesigned user interface.

This Is Where the World's Richest Men Are Putting Their Money - Ad

Bill Gates, Peter Thiel, Mark Zuckerberg -- they're pouring millions into something we call Imperium technology. And you can invest in this tech alongside them starting with just $10. Bill Gates called Imperium "one of the most powerful technologies of the 21st century."

Football Legend Ronaldinho Says 'Time For Crypto To Go Mainstream:' Is Another Token Themed After Him On The Way?

Brazilian football legend Ronaldo de Assis Moreira, better known as Ronaldinho, sounded bullish on cryptocurrencies with a recent post on X, formerly Twitter, part of a larger trend of well-known figures putting their weight behind what is still regarded as a volatile asset class.

Ford's Jim Farley Embraces EVs, Exciting Rival Tesla CEO Elon Musk, But Report Says Nearly Half Of EV Owners In US Want To Switch Back To Gas

Ford CEO Jim Farley on Friday wrote an article on X, detailing his long-standing love for gas vehicles and a newfound love for EVs, and rival CEO Elon Musk is excited. The sentiment, however, is not shared by EV owners across the U.S.

5 Wall Street Legends Just Bought This One Stock - Ad

"If you're not at the table, you're on the menu," says former Goldman Sachs VP, Dr. David Eifrig.

Why Poet Technologies Stock Is Up Today

POET Technologies shares are trading higher Monday. The company announced Friday that it has been selected as winner of the "Best Optical AI Solution" award in the seventh annual AI Breakthrough Awards program. 

Meta's Ray-Ban Smart Glasses Face New Rival Powered By OpenAI's ChatGPT

Solos set to launch AirGo Vision, smart glasses with Microsoft-backed OpenAI's GPT-4o AI model, challenging Meta's Ray-Ban Meta Smart Glasses.

The Presidential Candidate You Should Really Be Worried About - Ad

Most Americans are overlooking the seemingly impossible candidate that should worry you. It's not Biden... Trump... Newsom... or even Michelle. It's someone even worse. New evidence of a secret plan indicates he could soon return, and finish what he started.

Undersea explorers mark a tragic day. Things to know about the Titan disaster anniversary

PORTLAND, Maine (AP) — A year after an experimental submersible imploded en route to the Titanic, unanswered questions linger — with no immediate answers.

What's the Big Thing Musk, Bezos and Tim Cook All Have in Common? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

Elon Musk Reassures Advertisers By Revealing Why He Told Them To 'Go F*** Yourself' Last November: 'I Do Shoot Myself In The Foot From Time To Time'

At the Cannes Lions conference, Elon Musk addressed his past outbursts and reassured advertisers about the future of X (formerly Twitter), emphasizing the platform's commitment to free speech and improved safety for brands.

Apple Chip Veteran Joins Sam Altman-Backed AI Startup To Lead Hardware Engineering

Rain AI, a San Francisco-based startup, has appointed a former Apple Inc. chip executive to head its hardware engineering division. The new hire is expected to play a crucial role in the company's quest to develop innovative semiconductors for artificial intelligence.

America Has New Type of Money, Making Some Rich...Should You Get It? - Ad

One of America's most controversial CEOs says, "A new form of money in America is making some people (including Elon Musk, Jeff Bezos, and 17 of America's 25 wealthiest individuals), rich. It has nothing to do with gold, bitcoin, or anything like that, but it's 100% legal. The problem? Few Americans have a real understanding of how it works.

India and US vow to boost defense, trade ties in first high-level US visit since Modi's election win

NEW DELHI (AP) — India and the United States on Monday pledged to boost defense and technology cooperation and remove long-standing barriers to bilateral strategic trade, following a meeting between the national security advisers of both countries.

Something BIG's About to Happen in America - Ad

The REAL truth behind what's happening in America right now is even worse than you thought. In fact, new evidence points to a secret Election Day shakeup, involving a sleeper candidate for President nobody is talking about... a controversial Chinese-owned app... and the most famous celebrity in the world today.

Bitcoin Fails To Get A Mention In The Fiery Trump-Biden Presidential Debate, Coins Themed Around The Two Tumble

The first 2024 presidential debate between incumbent Joe Biden and challenger Donald Trump turned out to be a dampener for cryptocurrency enthusiasts, with no mention of Bitcoin (CRYPTO: BTC) or significant policy issues surrounding what many anticipated to be a key election to

Whale-watching excursions off Rio de Janeiro's coast begin captivating tourists

RIO DE JANEIRO (AP) — Famous for its beaches and vibrant parties in the Southern Hemisphere's summer, Rio de Janeiro now has an attraction for winter: humpback whales.

Seven Unknown AI Stocks That Could Dominate the Next Six Years - Ad

The original "Magnificent Seven" stocks generated 16,800% over the last 20 years. But now a new set of AI stocks is set to take over. Alex Green dubs them "The Next Magnificent Seven." And he's arguing that just $1,000 in each could turn into more than $1 million in less than six years.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright technicaltrading.org
Privacy Policy | Terms of Service