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Finance faces

Burry remains bearish on Nvidia after its 10% slide

Nvidia shares have dropped nearly 10% since reports about CEO Jensen Huang’s personal life, but investor Michael Burry says the controversy may not seriously damage the company’s business. He remains bearish, warning that the episode could hasten a loss of Nvidia’s competitive edge and draw greater scrutiny from US authorities.

Yesterday, 16:35 1893
Finance faces

Venmo’s receipt scanner handled a three-person lunch bill

Venmo has added a receipt-scanning tool that identifies items and calculates each diner’s share of tax and tip. In a test at a New York City lunch spot, the feature matched Splitwise’s totals and let the tester request repayment without leaving Venmo; it did not make one colleague pay any faster.

Nov 10, 22:49 3786
Finance faces

How payment tools can support Canadian small-business growth

At Camp Canine in Toronto, a dog daycare, walking and grooming business, owner Alexis Berger needs payments to keep pace with a team on the move. A wireless Chase Payment Solutions Canada terminal lets staff take payments while handing over dogs and leashes, making it easier for clients to tap, she said.

Nov 9, 22:21 2802
Finance faces

Shaq says annuities could pay him $1 million a month

Shaquille O’Neal says a financial safety net he set up years ago is expected to begin paying him about $1 million a month when he turns 55 next spring. The former NBA star said he bought annuities to secure income in case his investments failed.

Nov 8, 14:54 3753
Finance faces

Wall Street’s rising stars turn hobbies into connections and respite

From mahjong tables to ski slopes, Wall Street’s rising stars are using hobbies to build client relationships, fit networking into tight schedules and find time away from work. Their choices range from new sports and wine tastings to early-morning workouts and running.

Nov 8, 14:06 3189
Finance faces

Berkshire’s trading remains muted under Greg Abel

Berkshire Hathaway’s latest quarterly results showed little change in its restrained approach to stock trading, even after Greg Abel took over as chief executive. The company was a net seller in the third quarter, while stepping up share buybacks and reporting lower operating income.

Nov 7, 17:35 3685