Sheila Cherfilus-McCormick charged with stealing FEMA Covid funds

Sheila Cherfilus-McCormick charged with stealing FEMA Covid funds

Congresswoman Sheila Cherfilus-McCormick, Fla.-20th, hosts a news conference regarding the ongoing crisis in Haiti on March 11, 2024, in Fort Lauderdale, Florida. South Florida Sun-sentinel | Tribune News Service | Getty Images A federal grand jury charged U.S. Rep. Sheila Cherfilus-McCormick, D-Fla., with stealing $5 million in Covid-19 disaster funds — a chunk of which…

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Barclays’ model shows AI spending cycle is far from peak. That means Nvidia shares are too cheap

Barclays’ model shows AI spending cycle is far from peak. That means Nvidia shares are too cheap

Investors appear to be underestimating hyperscalers’ artificial intelligence spending plans, and therefore missing out on the true value of Nvidia , according to Barclays. Nvidia has been trading sideways since December after the stock’s blockbuster performance in recent years, with the chipmaker’s shares down less than 1% year to date. A big reason behind Nvidia’s…

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