FBR Capital Markets raised its profit estimate and price target of Nvidia (NVDA), a day after the graphics chip maker reported third quarter earnings that topped Wall Street estimates.
The arrest of Russian spies in the US and the ensuing spy-swap was the result of the betrayal of a Russian intelligence officer, a Moscow newspaper reported on Thursday. Kommersant, the paper, claimed that Col. Shcherbakov, who worked for Russia's Foreign Intelligence Service (SVR), blew the cover of his unit.
Worldwide PC microprocessor sales slowed during the third quarter due to weak consumer demand, according to a report released on Thursday.
A Chinese research center has unveiled the Tianhe-1A, replacing United States as the maker of the world's fastest supercomputer.
One of the predominant economic issues of our day has to do with the “offshoring” or “outsourcing” of American jobs overseas, particularly to developing economies like India and China where costs of labor are significantly less, thereby undermining efforts to reduce the stubbornly high U.S. jobless rate (currently at 9.6 percent)
