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Bloomberg

Harvard's Massive Bet on Land Hits Harsh Real Estate Reality

A biotech downturn and pulled federal funds have stymied the university's property bet in Boston's Allston neighborhood   while nearby MIT has thrived. Harvard had little room for growth in Cambridge, its home since the 1600s. But just across the Charles River sat Allston, a working-class Boston neighborhood where the university had assembled hundreds of acres of land. There, Summers envisioned developing a sort of Silicon Valley of the East a worthy competitor to California's Stanford University and the nearby Massachusetts Institute of Technology for high-tech innovation. Bloomberg's Janet Lorin joins to discuss.

Leia mais: Harvard's Massive Bet on Land Hits Harsh Real Estate Reality
Bloomberg

Nvidia Earnings to Come With No Patience for AI Hiccups

Mandeep Singh, Global Head of Tech Research for Bloomberg Intelligence, previews Nvidia earnings. Nvidia Corp.'s earnings report on Wednesday afternoon comes at a critical time for the US stock market with investors increasingly nervous about the outlook for artificial intelligence. While most Wall Street pros are anticipating strong results from the chipmaker amid ballooning spending on computing infrastructure, there is less certainty about how its shares and others will respond at a time when fears about AI disruption and the staying power of heavy investments are dominating the tape. "Even if they have tremendous numbers, we know the markets are really fickle," said Ken Mahoney, president of Mahoney Asset Management.

Leia mais: Nvidia Earnings to Come With No Patience for AI Hiccups