Riding the AI Wave: Nvidia Shares Skyrocket 180% in 2023, with Massive Growth Potential Ahead

Shares of Nvidia, the semiconductor giant, have soared by 180% in 2023, fueled by the boom in artificial intelligence (AI) and machine learning.

Last month, the company’s Q1 results revealed a 64% YoY jump in revenue driven by the accelerating growth of its data center business. Nvidia’s dominant market position in AI chips (95% control of GPUs) indicates that it is only just at the start of a massive growth curve.

Although Nvidia’s forward P/E ratio suggests the stock is overpriced, it is still a good buy for those looking to take advantage of the AI boom.
Analysts expect Nvidia to continue to grow over the next five years, particularly in the generative AI services sector, which could see revenue increase by around 25% annually.

Jeremy Strong Joins Loro Piana for Candlelit Dinner During Milan Fashion Week

Actor Jeremy Strong joined GQ and luxury fashion brand Loro Piana for an intimate candlelit dinner during Milan Fashion Week.

The dinner party was held in the Cloisters of San Simpliciano and was attended by a number of high-profile guests from the fashion industry, including Yoon Ahn and Moses Sumney. Strong, who stars in the hit TV show Succession, is a fan of Loro Piana and has been known to study the history and craftsmanship of the Italian luxury brand.

Loro Piana CEO Damien Bertrand shared how he received a long handwritten letter from Strong when he started his role, congratulating him and wishing him success.

As the night unfolded, guests were treated to a rarefied level of luxury, comfort, and a supreme attention to detail in keeping with the Loro Piana brand.

The Women of the Mountains’: A Thrilling Film Follows Female Downhill Skateboarders on Their Journey Across Europe in a Quest to Raise Awareness and Recognition for the Sport

A new film entitled ‘The Women of the Mountains’ follows the journey of female downhill skateboarders as they travel across Europe in the hope of raising the profile of the sport.

The film features German Jenny Schauerte, Belgian Jasmijn Hanegraef, Dutch Lisa Peters and Colombian Alejandra Gutierrez as they skate from London to a monastery in Turkey.

The sport, not yet an Olympic category, is steadily gaining exposure and the film serves to provide a platform for the achievements of female downhill skateboarders.

The challenges faced by the skaters are explored in the film, including physical risks and mental health struggles. Valeria Pixner, a leading roller skater, is among those hoping that the sport will eventually become part of the Olympic Games.

Peter Singer advocates for veganism as a moral obligation to protect both animals and the environment

Peter Singer’s book ‘Animal Liberation Now’ has been updated and re-released, bringing back his decades-long advocacy for animal and environmental protection.

In an interview with Emily Bazelon for Slate’s ‘Gabfest Reads’ series, Singer discusses the environmental benefits of adopting a vegan lifestyle, particularly the reduction of greenhouse gases caused by the meat and dairy industry’s methane emissions.

He also points out that a large part of agricultural land, including the Amazon, is used to grow crops to feed animals, which is environmentally damaging. Singer argues that humans have a moral obligation to not cause harm to animals, particularly when they can feel pain, and that the species boundary is not a justifiable distinction in determining moral status.

His book aims to make the ethical case for veganism and to encourage readers to rethink their relationship with the environment and the animals that inhabit it.

Puma relocates marketing operations to Germany to elevate brand potential

Sportswear brand Puma is moving its marketing operations from Boston to Germany to speed up decision-making and increase its focus on ‘elevating’ the brand. CEO Arne Freundt said the relocation would bring the marketing team closer to Puma’s creative direction and global business units as part of a brand potential re-assessment.

Puma’s reorganisation follows Freundt’s appointment in November and the addition of new C-suite executives in December and March. Meanwhile, Fanatics has acquired Fexpro to expand its international footprint.

The Panama-based licencing firm provides sports and branded apparel in Latin America for the NFL, NBA and MLB.

Shifting towards direct-to-consumer models is becoming more attractive to mature brands and retailers, with many investing in technology to improve customer experiences while raising advertising budgets with more than 70% of consumers saying they would buy directly from brands if prices were comparable to those found in shops.